Did you know that non-fungible tokens (NFTs) can have an effect on the environment, even though NFTs don’t cause pollution? The way they are produced indirectly impacts our climate. NFTs can use quite a lot of energy during their creation process. However, since Ethereum has made the switch to proof-of-stake, most NFTs are minted on…
Author: bitcedi
DogeCoin vs. Shiba Inu: Which Crypto Will Reach $1 Following Elon Musk’s Acquisition of Twitter?
The next move Elon Musk makes will likely be the deciding factor in which cryptocurrency, DOGE or $SHIB, hits the $1 dollar mark. Dogecoin and Shiba Inu are two of Elon Musk’s favourite cryptocurrencies. Dogecoin has been around longer, but in terms of market reach and blockchain innovation, these memecoins are quite competitive. Shiba Inu…
Last week’s crypto markets
Last week the markets were walloped by two massive interest rate increases. First up was the Federal Reserve which raised interest rates by an expected 0,75 percent, initially the markets rallied and that’s because of a statement the FED released. When it announced the rate hike basically the statement contained an extra sentence that suggested…
How Could Bitcoin Become Legal Tender?
El Salvador’s late-year Bitcoin legalization was followed by the Central African Republic in April this year. We are now wondering which other countries might start using Bitcoin as tender, and which country will be next to follow El Salvador’s lead. Some forms of payment are accepted by businesses by law in a given area. For…