A beginner’s guide to NBA Top Shot NFTs
The collective sales volume of NBA Top Shot NFTs has dropped 99% from its February 2021 peak. Go to Source Powered by WPeMatico
Month: December 2022
Bitcoin miner Northern Data says it has no financial debt, expects $204M in revenue for 2022
At the midpoint, the guidance represents a growth of 1.1% from its revenue in 2021. Go to Source Powered by WPeMatico
Bitcoin rebound to $18.4K? BTC price derivatives show strength at key support zone
Miners are in deep trouble due to increased hash rate and energy costs, but pro traders slightly added to their longs despite the recent BTC pullback. Go to Source Powered by WPeMatico
Core Scientific Files for Bankruptcy Protection, Firm Plans to Continue Mining Bitcoin to Pay Down Debt
On Dec. 21, 2022, one of the largest bitcoin mining operations in the industry, Core Scientific, filed for Chapter 11 bankruptcy protection in the Southern District of Texas. According to the filing, Core Scientific has roughly 1,000 to 5,000 creditors and its estimated assets are worth between $1-10 billion. Core Scientific Voluntarily Files for Chapter … Read more
Opposition press links Russian lawmaker to local crypto OTC
Russia’s crypto OTC platform Bankoff has reportedly not only helped officials avoid sanctions but has also generated some gains. Go to Source Powered by WPeMatico
Under the Christmas tree: The best crypto gifts this holiday season
What to put under the Christmas tree for the cryptocurrency enthusiast in the family. Go to Source Powered by WPeMatico
Can blockchain solve the ownership debacle over AI generated art?
As Web3 and emerging technologies such as AI continue to expand creative possibilities, questions over how to protect creative rights and arts arise. Go to Source Powered by WPeMatico
Crypto platform Paxful removes ETH from its marketplace
Paxful CEO Ray Youssef highlights Ethereum’s move to proof-of-stake, perceived centralization and token minting ability as reasons for the move. Go to Source Powered by WPeMatico
Bitcoin, Ethereum Technical Analysis: BTC Briefly Above $17,000 Ahead of US Consumer Confidence Report
Bitcoin was briefly trading above $17,000 on Wednesday, as markets prepared for the release of the upcoming U.S. consumer confidence report. Today’s figure is expected to come in at a reading of 101.00 for December, which is higher than last month’s number of 100.2. Ethereum was also in the green, as it neared a key … Read more
Pantera CEO on the FTX collapse: Blockchain didn’t fail
Pantera Capital CEO Dan Morehead argued that the FTX collapse has nothing to do with the promise of blockchain technology. Go to Source Powered by WPeMatico