CryptoNews

Cambridge Revises Bitcoin Mining Index, Lowers BTC’s Estimated Power Use – Bitcoin News

September 2, 2023
Cambridge Centre for Alternative Finance has significantly revised its Bitcoin Electricity Consumption Index, lowering its estimates of the cryptocurrency’s energy use after finding its previous model greatly overstated power consumption. Cambridge Centre Revises Bitcoin Energy Estimates Downward: Corrected Index Reflects More Accurate Power Consumption In a report published this week, the…
Read more
CryptoNews

Just Over Half of Turkey's Adults Invested in Crypto Assets Between Nov. 2021 and May 2023 — Study – Featured Bitcoin News

September 2, 2023
In the 18 months between Nov. 2021 and May 2023, the proportion of Turkish adults who invested in cryptocurrencies grew from 40% to 52%, data from the latest Kucoin report has shown. The report also revealed that 54% of Turkish adults who invested in crypto for the first time in the past year were under the age of 30. Crypto as a Shield Against Inflation According to a new Kucoin survey, the…
Read more
CryptoNews

Circle Partners With Mercado Pago to Offer USDC to Chilean Customers – Bitcoin News

September 1, 2023
Circle, a financial services company, has announced a new partnership with Mercado Pago, Mercado Libre’s digital payments wallet, to bring the USDC stablecoin to its Chilean customers. The partnership will allow millions of users in Chile to access USDC via Mercado Pago’s services and leverage it as a digital representation of the U.S. dollar for payments and savings. Circle to Enter Chile and…
Read more
CryptoNews

Nexo Mastercard Adds Credit and Debit Toggle to Optimize Crypto Usage – Bitcoin News

September 1, 2023
Nexo has introduced a new “Dual Mode” feature on its cryptocurrency Mastercard, allowing users to switch between debit and credit functions to optimize cryptocurrency spending. Nexo Unveils Dual Mode Card Capabilities to Streamline Crypto Payments Nexo‘s new feature enables real-time toggling between modes within the Nexo app, providing flexibility based on users’ budgets and purchase…
Read more