Analysts eye Bitcoin miners’ AI, chip sales ahead of Q4 earnings
Miners are embracing adjacent business lines to offset pressure on core mining margins from the April 2024 halving.
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Bittrex Follows Major Crypto Exchanges in Launching Over-The-Counter Trading Platform
United States-based cryptocurrency exchange Bittrex will launch an over-the-counter (OTC) trading desk on Monday, according to a private statement released on Jan. 14.The latest major exchange to enter the OTC market, Bittrex will offer investors the same raft of around 200 crypto assets currently available on its standard platform.OTC trading has become an increasingly popular…
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Six Global Banks Sign Up to Issue Stablecoins on IBM’s Now-Live Blockchain Network
Six international banks have reportedly signed letters of intent to issue their own stablecoins backed by their national fiat currencies on IBM’s now-live blockchain-powered payments network, “World Wire.” The news was jointly announced by IBM and Stellar during a keynote at Money 2020 Asia in Singapore, financial news channel Cheddar reported on March 18.As previously…
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Trump’s crypto platform launch, Uniswap denies charging for protocol deployment: Finance Redefined
Trump is launching the World Liberty Financial DeFi platform, Uniswap’s CEO denies charging for protocol deployment, and the Sonic blockchain hits 720ms finality.
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Polygon acquires Hermez Network for $250M, will merge native tokens
“We believe this is in a way a historical moment since this will be (to the best of our knowledge) the first full-blown merger of two blockchain networks,” said Polygon. 843 Total views 12 Total shares Layer-two protocol Polygon will be merging ZK-rollup project Hermez Network into its ecosystem for $250 million worth of MATIC…
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Blockchain venture capital funding down over 43% in July: Report
Typically a lagging indicator of the sector’s health, the explosion of venture funding in the blockchain sector in 2021 and the first half of 2022 appears to be cooling off after seven consecutive sectors of growth. According to Cointelegraph Research, inflows in the blockchain venture capital market have declined by 43% month-on-month in July 2022.The…
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Bybit surpasses Coinbase in market share after Binance's decline
Bybit became the world’s second-largest crypto exchange, while the leading exchange, Binance, has lost some market share due to previous regulatory issues.
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WeWork founder reinvents himself with $70M crypto carbon credit platform
Three years after being ousted as CEO of WeWork, Adam Neumann has jumped on the crypto bandwagon, raising $70 million in the first major funding round for his climate tech venture Flowcarbon.The project aims to make carbon trading more accessible by putting carbon credits on the blockchain. Neumann is an Israeli-American businessman and investor famous…
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Bitcoin Price Rally to $9K in Danger as a Double Top Pattern Appears
Over the last few hours, Bitcoin price (BTC) swiftly dropped 3% from $8,863 to $8,557 and for the third time in 24 hours bulls were forced to defend the $8,600 support level, which has currently been bought into on each dip. The pullback came after the digital asset struggled to rise above $9,000, twice testing $8,863…