In the future, Gemini will calculate what portions of the Bitcoin network it owns, the carbon emissions associated with it, then offset that amount.

The post Gemini pledges to offset 350,000 tons of bitcoin-related carbon emissions appeared first on The Block.

“We believe this partnership with Sushi is just the beginning of bringing millions of people into decentralized finance,” said Harmony founder Stephen Tse.

A company spokesman didn't comment if the rig maker will resume the business.

The cryptocurrency industry uses approximately 150 TWh of electricity annually, which is more than Poland, Norway, Egypt or Sweden, the company said.

TL;DR Breakdown Bukele fires opposition for criticizing Bitcoin law President to appear on national TV to clarify Bitcoin law The President of El Salvador, Nayib Bukele, has fired back at his political opponents for their recent criticism after he and the parliament made Bitcoin a legal tender in the country. Bukele raised questions over the […]

The Bitcoin mining crackdown in China has significant ramifications for the cryptocurrency industry. Bitmain is stepping up its efforts to ease the burden on Chinese miners looking to offload their equipment in light of the ban.

The UK's Metropolitan Police said Thursday that it seized £114 million in cryptocurrency — an amount worth about $158 million — as part of an ongoing criminal investigation.

The post Met Police seizes more than $150 million in cryptocurrency during criminal investigation appeared first on The Block.

Bitcoin has tanked hard. There is no point in denying this. The world’s number one digital currency by market cap was already in a sorry position having spent the last few weeks trading in the mid to high $30,000 range, though now at the time of writing, things have taken a turn for the worse...

The post Mike Novogratz Defends BTC Despite Latest Crash appeared first on Live Bitcoin News.

The quantitative cryptocurrency trading firm Alameda research is betting on a market recovery, even as Bitcoin fails to recover the $40,000 level. Sam Trabucco, a trader at Alameda, tells his 64,300 Twitter followers that crypto traders appear to be overreacting to news events. He references the presence of prevailing bearish crypto narratives over the course […]

The post Top Crypto Trading Firm Alameda Research Betting on Market Recovery – Here’s Why appeared first on The Daily Hodl.

Traders are looking for BTC and ETH to make a decisive move ahead of Friday's $6 billion in quarterly futures and options expiries, but what does back-tested data show?

South American nation, Paraguay is on track to make Bitcoin (BTC) a legal tender following the announcement of the proposal of a bill to support the move. The bill proposal was affirmed by a member of parliament Carlitos Rejala who shot into global fame in the past weeks. The bill, if passed will position Paraguay

The post BREAKING: Paraguay Proposes a Bill to Make Bitcoin Legal Tender appeared first on Coingape.