Tuesday, January 31

Tag: ADA

Bitfury To Be Worth ‘Billions’ with IPO Rumors Resurface
Crypto

Bitfury To Be Worth ‘Billions’ with IPO Rumors Resurface

Another wave of speculation regarding the possibility of Bitfury's initial public offering (IPO), the leading supplier of blockchain infrastructure and software solutions.According to The Daily Telegraph, the business, which is also a major participant in the Bitcoin (BTC) mining sector, has enlisted the assistance of multinational consulting firm Deloitte. According to the publication, it has received information suggesting that the offering may fetch "billions of pounds."Bitfury, based in the Netherlands but registered in the United Kingdom, was allegedly valued at around USD 1 billion in its most recent funding round. The article states that if the listing occurs, it would be the largest ever for a European crypto and blockchain company. Bitfury's first public offering is l...
Investing in Cryptocurrency for Passive Income in 2021: The Top 6 Ideas
Crypto

Investing in Cryptocurrency for Passive Income in 2021: The Top 6 Ideas

Getty ImagesPassive income is earned when a person is not actively engaged in business endeavors. Generally, all you need to do is invest your money or digital assets in a certain crypto investing strategy or platform and wait for it to produce a profit. Earnings are sometimes set and predictable. In others, a number of uncontrollable variables may come into play.A common method for people to get a return in crypto with little to no participation is via purchasing and holding crypto — a practice dubbed "HODLing" in the industry. This indicates that an investor is willing to buy a digital asset with the expectation that its value will increase substantially in the future. These investors are willing to go the distance, since this long-term approach may require them to hold holdings...
Prices of Bitcoin, Ether, and Dogecoin Drops
Crypto

Prices of Bitcoin, Ether, and Dogecoin Drops

Bitcoin prices fell almost 4% today to $42,421. The world's biggest cryptocurrency by market value is up 45 percent year to far but remains well behind its April high of over $65,000.Ether, the token associated with the Ethereum network and the second biggest cryptocurrency, also fell almost 7% to $2,956.8. Cardano prices fell 4% to $2.16, while dogecoin prices fell 3% to $0.20. Other digital currencies like as XRP, Litecoin, Stellar, and Solana have all seen a drop in value over the past 24 hours.“Ethereum has been on a declining trend since early September. We anticipate a trend breakout from the pattern's top as ETH forms the unique cup handle and handle pattern over the extended term. We may see ETH finding support around $ 2,600 before bouncing back and initiating its bul...