Bitcoin ‘liveliness’ lowest since 2021 amid new 5-year BTC hodl record
More of the BTC supply has stayed in its wallet for five years or longer than ever before. Go to Source Powered by WPeMatico
Month: August 2022
Biggest Movers: FLOW Rebounds Following 7-Day Losing Streak
FLOW was trading higher on Thursday, as the token rallied upward following seven straight days of declines. The surge comes despite the global crypto market capitalization trading 1.14% lower as of writing. Shiba inu fell by nearly 10% in today’s session. FLOW FLOW was one of Thursday’s notable movers, as the token rebounded following seven … Read more
How can DAOs involve fans in filmmaking? Expert answers
Jake Fraser believes that DAOs can let fans get involved from the scriptwriting process to the selection of actors who will play in a film. Go to Source Powered by WPeMatico
Coinbase Could Be a Material ‘Beneficiary’ of Ethereum’s Merge Transition, JPMorgan Analyst Says
JPMorgan analyst Kenneth Worthington says digital currency exchanges like Coinbase will end up being a meaningful “beneficiary” of Ethereum’s long-awaited transition from proof-of-work (PoW) to proof-of-stake (PoW). Based on $2K ethereum prices and a 5% ethereum yield, Worthington explained that The Merge could boost Coinbase’s annual income by $80 to $100 million from staking services. … Read more
South African Reserve Bank encourages friendly behavior with crypto
The banking authority said avoiding risk through cutting off crypto-involved clients may pose a “threat” to financial integrity. Go to Source Powered by WPeMatico
Korean financial watchdog to block tens of unregistered exchange websites
Korea’s Financial Intelligence Unit is cracking down on foreign-based cryptocurrency exchanges that are yet to register with relevant authorities in the country. Go to Source Powered by WPeMatico
Coinbase would rather shut down staking than enable on-chain censorship — Brian Armstrong
With a ban on Tornado Cash, many DeFi proponents were worried that crypto exchanges, which are also key validators of Ethereum, would succumb to pressure and impose protocol-level censorship. Go to Source Powered by WPeMatico
Chinese mining giant Canaan doubles profits despite the blanket crypto ban
The Chinese crypto miner maker Canaan has been expanding its mining business, accumulating a total of 346.84 BTC by the end of June. Go to Source Powered by WPeMatico
Bitcoin Price Rejects $25K, as Cryptocurrency Markets Continue to Lose Momentum
After peaking at $25k on Sunday, continuing to trade sideways in the $24k range, and now falling to the $23k level, Bitcoin is struggling to hold current support as trading volume continues to decline. While the cryptocurrency market remains above the $1 trillion market cap range, BTC and ETH are seeing single-digit-percent losses this week … Read more
Bitcoin, Ethereum Technical Analysis: ETH Below $1,900 as Ethereum Foundation Comments on Gas Fees
Ethereum was once again trading below $1,900 during Thursday’s session, as the Ethereum Foundation clarified speculation surrounding The Merge. It was recently rumored that the move will reduce gas fees, however these claims were somewhat dismissed. Bitcoin was also lower, as it continued to trade below $24,000. Bitcoin Bitcoin (BTC) fell lower for a fifth … Read more
