Bitcoin (BTC) price traded down 23% in the eight days following its failure to break the $45,000 resistance on Feb. 16. The $34,300 bottom on Feb. 24 happened right after the Russian-Ukraine conflict escalated, triggering […]
The supply of wrapped or tokenized Bitcoin has stalled as the demand for decentralized finance cools amid a market-wide retreat. One consequence of the onset of a bear market and plunge in cryptocurrency prices is […]
In the event of harsh Western sanctions, Russians’ savings could be confiscated, according to Nikolai Arefiev, a member of the Communist Party of the Russian Federation and vice-chairman of the Duma’s committee on economic policy. […]
The total value locked on the Lightning Network has tripled since last year to $1.3 billion despite bitcoin’s traversal of sub-$40,000 territory. The number of bitcoins locked in the Lightning Network (LN) has tripled from […]
The nonprofit organization focused on the open-source stablecoin network behind Terra USD, Luna Foundation Guard, has closed on a $1 billion raise through the sale of LUNA tokens. In a Tuesday tweet, Terra said Jump […]
El Salvador’s president has announced plans to offer citizenship to foreign investors in a move likely to further inflame relations with the U.S. The populist Nayib Bukele stopped short of targeting bitcoin-linked investments, but did […]
Computer chip manufacturing giant Intel Corporation shared details of a new mining chip that will be coupled with a high-performance 3,600 Watt miner with the ultimate goal of improving Bitcoin (BTC) mining efficiency. Intel revealed […]
Fishing aficionados, see here. Crypto’s march into the sporting world shows no sign of slowing down. Now, a sports fishing championship has announced that the $1m grand prize will be awarded in cryptocurrency. The Sport […]
One of the main themes among the crypto community in 2021 was China’s aggressive policy toward mining, which led to a complete ban on such activities in September. While mining as a type of financial […]
The Bitcoin network has hit an all-time high in terms of hash rate which has now surpassed the highs it had when China dominated for mining and hash power. On-chain metrics for the Bitcoin network […]
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