Bookmarking Crypto Insights
A new NFT marketplace is giving a hard pass to optional royalties, bucking the trend, and NFTs are getting a new home on Ripple’s XRPL. Go to Source Powered by WPeMatico
Big Oil’s influence over the Bitcoin network is growing stronger due to surging hash rates and distressed mining companies. Go to Source Powered by WPeMatico
The world’s largest corporate holder of Bitcoin has reduced its losses compared to previous earnings as its CEO says it will continue to buy and hold Bitcoin long term. Go to Source Powered by WPeMatico
On Oct. 31, 2022, the publicly-listed bitcoin miner Argo Blockchain revealed the firm’s attempt to obtain $27 million in a scheduled financing deal fell through. According to the company’s October update, Argo said it did not believe the deal “will be consummated” and now two market analysts have downgraded the company’s shares. Argo Blockchain’s $27 … Read more
Major Asian financial institution DBS Bank has applied DeFi technology for a project backed by the Monetary Authority of Singapore. Go to Source Powered by WPeMatico
CleanSpark bought over 3,800 mining machines at $15.50 per terahash – far below the current market price of $22.94 and an 85.4% discount from the all-time high costs of $106.62 in Dec. 2021. Go to Source Powered by WPeMatico
Cryptocurrency exchange Coinbase has filed an amicus brief in support of Ripple Labs in the U.S. Securities and Exchange Commission (SEC) lawsuit over xrp. Coinbase’s support is seen as a significant step in the case given that the crypto exchange was among the first trading platforms to delist xrp following the SEC lawsuit. Coinbase Supports … Read more
The FTX director of engineering reportedly contributed $500,000 to the Democratic Party of the American state of Oregon. Go to Source Powered by WPeMatico
The U.S. Department of Homeland Security (DHS) and the Federal Bureau of Investigation (FBI) are reportedly working closely with major social media platforms, like Facebook and Twitter, to police “disinformation.” Leaked documents further show their plans to expand censorship. Leaked Documents Reveal How Department of Homeland Security Plans to Police Disinformation Leaked documents and court … Read more
Cryptocurrency markets continue to hold support today after a spectacular performance last week. Bitcoin remains at the $20k level, while Ethereum has found new support in the $1,500 range. Let’s look at relevant news affecting markets today. Key Points: Cryptocurrency markets continue to trade sideways, holding support after last week’s bull run. Bitcoin’s lightning network … Read more
