Bitcoin price rally provides much needed relief for BTC miners
Bitcoin’s prolonged breakout above $22,000 is easing pressure on razor thin profit margins for BTC miners. Go to Source Powered by WPeMatico
Adoption
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ConsenSys slashes headcount 11% as chief economist reveals formula for adoption
ConsenSys CEO Joseph Lubin confirmed the company would be cutting 96 of its staff to focus its resources on its core businesses. Go to Source Powered by WPeMatico
Bitcoin price strength intensifies as risk-loving traders bring volume back to the crypto market
An increase in Bitcoin trading volume and positive on-chain data appear to be the primary forces behind BTC’s newfound strength. Go to Source Powered by WPeMatico
Bitcoin price rally to $19.5K prompts analysts to explore where BTC price might go next
Bitcoin price is steamrolling toward the all-important $20,000 level, leading analysts to speculate on where BTC price might go. Go to Source Powered by WPeMatico
Ava Labs Partners With Amazon Web Services to Accelerate Blockchain Adoption, AVAX Jumps 16%
Ava Labs, the team behind the layer one (L1) smart contract platform network Avalanche, has partnered with Amazon Web Services (AWS), according to an announcement made on Jan. 11, 2023. Founder and CEO of Ava Labs, Emin Gün Sirer, said the collaboration was a “big deal” and, in comparison with other blockchain announcements that involved … Read more
Flare (FLR) airdrops 15% of total supply to XRP holders before correcting by 76%
After a 2-year wait, the layer-1 Flare blockchain has finally followed through and sent its tokens to those who held XRP at the time of the snapshot. Go to Source Powered by WPeMatico
Bonk token goes bonkers as traders chase after high yields in the Solana ecosystem
Traders are piling into BONK, boosting its price by triple-digits in the last 24-hours and possibly hinting at a trend reversal in Solana price. Go to Source Powered by WPeMatico
Former Chinese central banker says digital yuan ‘usage has been low’
A former China central banker said cumulative e-CNY transactions only crossed $14 billion in two years, adding the results were “not ideal.” Go to Source Powered by WPeMatico
Russian Parliament Postpones Adoption of Crypto Mining Bill
Russian lawmakers will consider a draft law on cryptocurrency mining in 2023 despite earlier indications they were going to vote on the proposal in December. The bill is expected to set the rules for the extraction and sale of cryptocurrency in Russia amid sanctions limiting the country’s access to global finances and markets. Russia’s New … Read more
Vitalik Buterin reveals 3 ‘huge’ opportunities for crypto in 2023
There’s still plenty of room for innovation, according to Ethereum’s co-founder Vitalik Buterin. Go to Source Powered by WPeMatico
