Negative newsflow continues to make headlines but BTC’s recent move above $17,000 suggests investors are finding reasons to be bullish. Negative newsflow continues to make headlines but BTC’s recent move above $17,000 suggests investors are finding reasons to be bullish. Cointelegraph.com NewsRead More
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At the height of the bear market, two NFT collectors have paid almost $1 million to purchase Bored Ape NFTs. At the height of the bear market, two NFT collectors have paid almost $1 million to purchase Bored Ape NFTs. Cointelegraph.com NewsRead More
Read MoreDuring the last few weeks bitcoin’s cost of production has been higher than the leading crypto asset’s spot market value and in turn, this has put massive pressure on bitcoin miners. On Nov. 30, 2022, statistics show if miners paying for electricity pay roughly $0.12 per kilowatt hour (kWh), only three application-specific integrated circuit (ASIC) mining rigs are profitable. At a rate of $0.07 per kWh, profits begin to increase and data shows 16 different ASIC bitcoin mining devices are profitable with electrical costs at that rate. At $0.12 per…
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The committee chair cited crypto exchange FTX’s “alarming fraud”, liquidity crunch, and bankruptcy as an example of financial risk Treasury and regulators should address. The committee chair cited crypto exchange FTX’s “alarming fraud”, liquidity crunch, and bankruptcy as an example of financial risk Treasury and regulators should address. Cointelegraph.com NewsRead More
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BTC and many altcoins are kicking up dust after the Federal Reserve chairman Jerome Powell discussed the possibility of smaller rate hikes in 2023, but is the momentum sustainable? BTC and many altcoins are kicking up dust after the Federal Reserve chairman Jerome Powell discussed the possibility of smaller rate hikes in 2023, but is the momentum sustainable? Cointelegraph.com NewsRead More
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According to the CEO, the exchange grew too fast to accommodate the fast-growing crypto ecosystem According to the CEO, the exchange grew too fast to accommodate the fast-growing crypto ecosystem Cointelegraph.com NewsRead More
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FTX US won a $1.4-billion bid to purchase Voyager’s assets in September, but with the firm filing for bankruptcy, the funds were once again up for grabs. FTX US won a $1.4-billion bid to purchase Voyager’s assets in September, but with the firm filing for bankruptcy, the funds were once again up for grabs. Cointelegraph.com NewsRead More
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The messaging platform is building a set of decentralized tools, including noncustodial wallets and decentralized exchanges. The messaging platform is building a set of decentralized tools, including noncustodial wallets and decentralized exchanges. Cointelegraph.com NewsRead More
Read MoreOn Wednesday, Nov. 30, 2022, a blog post published by the European Central Bank (ECB) discusses bitcoin and the authors Ulrich Bindseil and Jürgen Schaaf seem to believe its “bitcoin’s last stand.” The ECB authors further say that while bitcoin’s price has consolidated and stabilized, the central bank officials remarked that “it is an artificially induced last gasp before the road to irrelevance.” Members of Europe’s Central Bank Believe They Predicted Bitcoin Would Be Heading Toward ‘Irrelevance’ Before FTX Went Bust Two members of Europe’s central bank, Ulrich Bindseil, the…
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British-American businessman John McAfee talks about his crypto story and how he discovered BTC. British-American businessman John McAfee talks about his crypto story and how he discovered BTC. Cointelegraph.com NewsRead More
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