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EU Parliament Votes against Proposal to ban Proof-of-Work Mechanism

The European Union Parliament voted against a proposal to ban proof-of-work, the blockchain consensus algorithm that rewards miners who solve difficult cryptographic puzzles. The vote

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SOL/USD Trades Bearishly Below $90 Support

The price of SOL/USD has been bullish since its listing on Bittrex in January, but the recent bearish momentum stems from a break below $90

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Gold (XAUUSD) Price Retests Previous High at $1,975

Gold managed to bounce back above $1,950 and is now trading at an hourly high of $2,000. Gold has repeatedly proven its resilience in the

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What is Layer 2?

Layer 2, or the Lightning Network is a second layer on top of Bitcoin’s blockchain that allows for instant transactions at low fees. It was

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Crypto Education Can Offer Financial Empowerment To Latin Americans

There are two primary reasons for Latin Americans to adopt cryptocurrency: first, cryptocurrencies offer an alternative socioeconomicogical path that is unknown in the region, and

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XTB Broker Shareholders To Receive $40 Million Dividends For 2021

XTB is a global fintech company providing trading and brokerage services to institutional investors, high net worth individuals and retail traders. In the fourth quarter

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Bitcoin Joins Top 15 Most Valuable Currencies List as Russian Ruble Crashes Following SWIFT Cutoff 

This week, the Russian ruble crashed for a second time in less than three months. The country’s currency fell more than 30 percent against the

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HSBC To Shut 69 Branches

HSBC is shutting down 69 branches across the United Kingdom, citing a decline in revenue. The closures could affect thousands of people who bank at

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Oil Recorded First Weekly Loss Since Russian Invasion

At the moment, there is little to no reason for oil prices to rebound. This week saw OPEC’s decision not to cut production and Saudi

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