Bitcoin on-chain data and BTC’s recent price rally point to a healthier ecosystem
Positive signs of Bitcoin’s recovery can be seen in on-chain, spot exchange and futures data. Go to Source Powered by WPeMatico
Cryptocurrencies
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Rumor has it that Dogecoin could shift to proof-of-stake — What does that mean for miners?
Dogecoin shifting to proof-of-stake would be good for the environment, but what impact would it have on miners and ASIC manufacturers? Go to Source Powered by WPeMatico
5 altcoins that produced double-digit gains as Bitcoin price rallied in January
Bitcoin’s strong monthly performance translated to outsized gains in APT, GALA, T, MANA and SOL, making them the top performing altcoins in January. Go to Source Powered by WPeMatico
Cronos Labs to accept second cohort for $100M-backed Web3 accelerator program
The program aims to provide selected projects with upfront seed funding of $30,000 in addition to mentoring, masterclasses and support from industry experts. Go to Source Powered by WPeMatico
Tesla records $140M Bitcoin net loss in 2022
The electric vehicle maker earned $64 million in profits from Bitcoin trading, which was offset by a $204 million impairment. Go to Source Powered by WPeMatico
Bitcoin miner Greenidge cuts NYDIG debt from $72M to $17M
Despite restructuring into a hosting firm for Bitcoin mining, Greenidge still owns about 10,000 miners, maintaining a capacity of 1.1 EH/s. Go to Source Powered by WPeMatico
ADA-backed algorithmic stablecoin Djed launched on Cardano
The algo-stablecoin Djed from DeFi service provider COTI deployed on the Cardano mainnet after its successful security audit. Go to Source Powered by WPeMatico
Russians Offered Ready-made Crypto Exchange Accounts Amid Restrictions
Russian crypto traders have been looking to obtain unrestricted accounts for global exchanges as their access to such platforms is limited. Over the past year, the offering of such accounts on the dark web has increased significantly, cybersecurity experts told the Russian press. Supply of Crypto Exchange Accounts for Russian Users Doubles in a Year … Read more
Digital asset investment products see highest inflows since July 2022: Report
According to CoinShares, digital asset investment products saw $117 million in inflows last week. Go to Source Powered by WPeMatico
Kazakhstan Parliament Adopts Law Regulating Crypto Mining and Exchange
Lawmakers in Nur-Sultan have approved the final version of the law “On Digital Assets in the Republic of Kazakhstan.” The new legislation, including several other bills, regulates the circulation of cryptocurrencies in the country and introduces a licensing regime for crypto miners and exchanges. Senate Votes on Crypto Law, Sends It to President of Kazakhstan … Read more