Hououin Kyouma

Blog Info Bitcoinist.com
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Stats Has written 32 posts about cryptocurrency

Aug 03 2021

Bitcoin Miners See 31% Uptick In Revenue As Hash Crash Recovery Continues

Despite the recent increase in mining difficulty, Bitcoin miners still see a 31% uptick in revenue as hashrate recovery continues. Bitcoin Miners Enjoy 31% Surge In Revenue Over the past couple of months, BTC's global mining hashrate collapsed as China ramped up its crackdowns on BTC mining....

Aug 02 2021

NFTs Back? Market Breaks Weekly Trading Volume Record

Aug 02 2021 Published at Bitcoinist.com under tags  nft nft market non-fungible token

The NFT market has made a comeback and broken its weekly trading volume record. The new all-time-high is around $208 million. NFT Weekly Trading Volume Reaches New ATH Over the last week, the NFT market has climbed to new heights as markets register record breaking transfers. The weekend especially saw big movements of these digital collectibles. One of the biggest markets, OpenSea, observed...

Jul 30 2021

Is A Lack Of Savings To Blame For Bitcoin Slowdown?

Jul 30 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd

New data may suggest that almost all the excess savings accumulated during COVID have been spent. The timing might correlate with the slowdown in Bitcoin's price. Could The Bitcoin Slowdown Be A Result Of American Consumers Spending Their Excess Savings? As per a report from...

Jul 29 2021

Elon Musk Hints Tesla Might Hold Close To 42k Bitcoin

Jul 29 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd elon musk tesla

Elon Musk, Tesla's CEO, has hinted in a reply on a Twitter post that the company might own close to 42k Bitcoin. Elon Musk Hints Tesla Owns Around 42k Bitcoin Tesla shareholder Dave Lee has run a rough calculation on Twitter to show how many BTC the company owns. In his estimation, Lee has used the fact that Tesla...

Jul 28 2021

DOGE For Dogs: Burger King Brazil Now Accepts Dogecoin For Dog Food

Burger King Brazil has announced that customers can now purchase "dogpper" dog food using the Dogecoin (DOGE) cryptocurrency. Burger King Brazil Accepts Dogecoin As Payment For Dog Biscuits The fast-food chain has introduced a new product called Dogpper, a meat-flavored dog snack in the shape of a bone. The name of the Dogpper is a spin on Burger King's most popular product, "The...

Jul 27 2021

More Than 5% Of The Ethereum Supply Now Locked In ETH 2.0

Jul 27 2021 Published at Bitcoinist.com under tags  eth eth 2.0 ethereum ethereum 2.0

Ethereum 2.0 now has more than 6.6 million ETH staked. This is more than 5% of the total supply of the cryptocurrency. Staked Ethereum Reaches New Milestone: 5% Of The Total Supply The ETH 2.0 network now has 200k validators accounting for about 6.6 million in Ethereum staked. The current annual percentage return...

Jul 26 2021

Crypto Exchange Binance Reduces Leverage To 20x, Ceases Margin Trading On EUR, GBP, AUD

Crypto exchange Binance has announced that the leverage limit has been reduced to 20x from 100x. Also, the platform plans to stop margin trading on EUR, GBP, and AUD. Binance Reduces Maximum Leverage To 20x Binance has announced that it's cutting the leverage limit that users can use to trade futures contracts from 100 times to 20 times. The crypto exchange's CEO, Changpeng...

Jul 23 2021

Sotheby’s To Auction Rare Muhammad Ali “Fight Of The Century” Artwork As An NFT

Auction house Sotheby's plans to auction a rare artwork created by Muhammad Ali in the form of an NFT on Friday. Sotheby's To Auction Rare Muhammad Ali Art Depicting The 1971 "Fight Of The Century" Sotheby's and Muhammad Ali Enterprises plan to reveal the non-fungible token on 23 July. The...

Jul 22 2021

NFT Marketplace OpenSea Raises $100 Million In Series B Funding

Popular NFT marketplace OpenSea has announced that the platform has raised $100 millon in a Series B funding round. OpenSea Raises $100 Million, Now Supports Polygon Blockchain OpenSea is one of the biggest and most popular platforms for selling, buying, and trading NFTs. The marketplace has raised $100 million in a Series B funding round led by Andreessen Horowitz, a venture capitalist firm....

Jul 21 2021

Polygon Sets Up $100 Million Fund For NFT Gaming Projects

Polygon has launched a subdivision called Polygon Studios, and has set up a $100 million fund for NFT gaming projects. Polygon Launches Subdivision With The Aim To Grow NFT Gaming Originally created with the aim of providing a framework for building and connecting Ethereum networks, the Polygon platform has spread its...

Jul 20 2021

Bitcoin Volume Observes Yearly Lows As Volatility Declines Further

Bitcoin continues to observe new yearly lows for volume as volatility also continues to decline further. Bitcoin Volume And Volatility At Yearly Lows As per an Arcane Research report, the 7-day average trading volume for BTC continues to hit yearly lows. This is the third consecutive week that the indicator has plunged down. The below...

Jul 19 2021

Here Is Why The Russian Crypto Industry Is Trying To Attract Bitcoin Miners

Jul 19 2021 Published at Bitcoinist.com under tags  crypto miner mining russia

A crypto industry association in Russia has launched a project with the target of attracting Bitcoin miners to the nation. Russian Crypto Industry Association Aims To Attract Miners As China's crackdowns on crypto mining continue, miners have been migrating out of the nation in hordes. They have...

Jul 17 2021

Are Stock Tokens Behind The Crackdown On Crypto Exchange Binance?

While crypto exchange Binance continues to face crackdowns from several different countries, it's looking likely that stock tokens may be behind this. Hong Kong And Lithuania Become The Latest To Crackdown On Binance On Friday, Hong Kong's market regulator, the Securities and Futures Commission (SFC), warned the crypto exchange in a...

Jul 15 2021

Crypto Exchange Binance Unauthorized To Work In Italy, Says Regulator

Jul 15 2021 Published at Bitcoinist.com under tags  binance bitcoin btc btcusd consob

According to Italy's financial regulator, crypto exchange Binance is not authorized to offer services and activities in the country. CONSOB Calls Crypto Exchange Binance Unauthorized Italy's CONSOB has said in a...

Jul 14 2021

Yet Another Crackdown On Bitcoin Mining: China’s Anhui Province To Shutdown Crypto Miners

China's Anhui province has announced that Bitcoin mining in the area will be shutdown, as the country's crackdowns on crypto miners continue. China's Anhui Province Plans To Crackdown On Crypto Miners As per a Bloomberg report,...

Jul 13 2021

South American Soccer Cup “Copa America” Trophy To Be Minted As An NFT

Jul 13 2021 Published at Bitcoinist.com under tags  argentina bitcoin btc btcusd copa america

2021's South American Soccer cup, "Copa America", winner's trophy will be minted as a Non-fungible Token (NFT). Ethernity Chain To Mint Copa America Trophy As An NFT The South American Football Federation (called "CONMEBOL") has announced that it's partnering with Ethernity Chain for minting...

Jul 12 2021

Argentinian Crypto Exchange Buenbit Raises $11 Million To Expand Operations In The Continent

Jul 12 2021 Published at Bitcoinist.com under tags  argentina bitcoin btc btcusd crypto

Buenbit, an Argentina based crypto exchange, has raised $11 million in a funding round. The firm plans to expand operations in Latin America. Crypto Exchange Buenbit Raises $11 Million The platform announced on Monday that it has raised $11 million in a Series A funding round led by Libertus Capital. Other members of the funding round included FJ Labs, Amaiya Management, Alec Oxenford...

Jul 07 2021

UFC Gets $175 Million Sponsorship Deal With Cryptocurrency Platform Crypto.com

Jul 07 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd crypto crypto.com

Crypto.com signs a $175 million kit deal with UFC as the cryptocurrency platform continues to expand its sponsorship drive. UFC Enjoys A Piece Of Cryptocurrency Money Endeavor-owned UFC has agreed to sign a sponsorship deal with crypto.com. As per which, the cryptocurrency platform's name will be on wrestlers' fight kits both in and out of the arena. The details of the deal aren't...

Jul 05 2021

Can Google Trends Predict The Last Bitcoin Leg Up?

Jul 05 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd google google trends

The Google trends data for the search term "Bitcoin" shows that the curve today is similar to that of the 2017 bull market. Can Google Trends Predict A Bull Market? As pointed out by Twitter user Bitcoin Archive, the Google Trends graph for "Bitcoin" matches up with the last leg up for the...

Jul 02 2021

Why The China Bitcoin Ban Will Boost Miner Profitability In US

China's recent crackdowns on Bitcoin will boost profitability for US miners like MARA and RIOT, according to B. Riley analyst Lucas Pipes....

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