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CRIPTO UKNEWS

Nvidia supply shortage won’t stop $50M Q1 crypto miner sales, says CFO

via Cointelegraph.com News at February 25, 2021 at 08:55AM

Ready Full Article: https://cointelegraph.com/news/nvidia-supply-shortage-won-t-stop-50m-q1-crypto-miner-sales-says-cfo

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A perfect storm consisting of COVID-19, supply shortages and surging crypto prices has resulted in the best financial quarter in Nvidia’s history, as the stock hits all-time highs.

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Meme pioneer launches NFT lolcats on OpenSea

via Cointelegraph.com News at February 25, 2021 at 06:08AM

Ready Full Article: https://cointelegraph.com/news/meme-pioneer-launches-nft-lolcats-on-opensea

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Meme master ‘Cheezburger’ is releasing a series of NFTs based on his website’s famous captioned ‘lolcat’ photos.

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CRIPTO UKNEWS

Andreessen Horowitz leads $25m round for Optimism’s L2 scaling solution

via Cointelegraph.com News at February 25, 2021 at 05:57AM

Ready Full Article: https://cointelegraph.com/news/andreessen-horowitz-leads-25m-round-for-optimism-s-l2-scaling-solution

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Optimism has been on a hiring spree and plans to expedite its mainnet launch after securing backing from Andreessen Horowitz.

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CRIPTO UKNEWS

Traders remain bullish even as DeFi’s TVL falls to $54.4 billion

via Cointelegraph.com News at February 24, 2021 at 11:00PM

Ready Full Article: https://cointelegraph.com/news/traders-remain-bullish-even-as-defi-s-tvl-falls-to-54-4-billion

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The total value locked in decentralized finance platforms dropped 16% to $54.4 billion this week, but the quick rebound in DeFi token prices shows traders are not dismayed.

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CRIPTO UKNEWS

Fed chair says it’s up to Congress to bring a digital dollar to market

via Cointelegraph.com News at February 24, 2021 at 10:05PM

Ready Full Article: https://cointelegraph.com/news/fed-chair-says-it-s-up-to-congress-to-bring-a-digital-dollar-to-market

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Jerome Powell added that the Federal Reserve needed to consider the health of other markets when creating a digital currency.

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CRIPTO UKNEWS

As Visa and Mastercard raise fees, merchants may look to crypto

via Cointelegraph.com News at February 24, 2021 at 09:40PM

Ready Full Article: https://cointelegraph.com/news/as-visa-and-mastercard-raise-fees-merchants-may-look-to-crypto

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Cryptocurrencies have fees, but so do payment cards.

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CRIPTO UKNEWS

Golem (GLM) price rallies 230% to hit a 3-year high after protocol upgrade

via Cointelegraph.com News at February 24, 2021 at 09:35PM

Ready Full Article: https://cointelegraph.com/news/golem-glm-price-rallies-230-to-hit-a-3-year-high-after-protocol-upgrade

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Golem price has rallied 230% since the start of February and on-chain data shows an uptick in active addresses and transfers.

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CRIPTO UKNEWS

CME Bitcoin futures numbers saw a 57% uptick in January

via Cointelegraph.com News at February 24, 2021 at 08:48PM

Ready Full Article: https://cointelegraph.com/news/cme-bitcoin-futures-numbers-saw-a-57-uptick-in-january

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January proved significant in terms of Bitcoin futures trading average daily volume for the CME.

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CRIPTO UKNEWS

All of the Federal Reserve’s wire and ACH systems are down

via Cointelegraph.com News at February 24, 2021 at 07:16PM

Ready Full Article: https://cointelegraph.com/news/all-of-the-federal-reserve-s-wire-and-ach-systems-are-down

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“A Federal Reserve operational error resulted in disruption of service in several business lines,” said Jim Strader from the Richmond Fed.

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ETH mining still highly profitable despite upcoming Eth2 upgrade

via Cointelegraph.com News at February 24, 2021 at 04:07PM

Ready Full Article: https://cointelegraph.com/news/eth-mining-still-highly-profitable-despite-upcoming-eth2-upgrade

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Miners weigh in on lucrative ETH mining payouts as the blockchain eyes a transition away from its proof-of-work consensus in 2021.