Another US County Hits Pause on Crypto Mining Power Requests
Franklin, Washington State, is the latest U.S. county to have suspended new utility applications from crypto mining farms over spiking power demands.
Related Posts


Bitcoin Trade That Gave Bankman-Fried His Millions Returns in South Korea
The "Kimchi premium" refers to the difference in Bitcoin prices on Korean exchanges compared to global bourses. Bitcoin is currently trading at a 10% premium in South Korea.The arbitrage popularized by Sam Bankman-Fried involves buying bitcoin on a global exchange and selling it on a Korean exchange for a riskless profit in Korean won.Pocketing the

First Mover: As Bitcoin Flips Bearish, Neither Biden Nor BlackRock Brightens Mood
There's a lot of long-term bulls in the bitcoin market. But in the short-term? Pretty much everyone has suddenly turned bearish. Jan 21, 2021 at 2:00 p.m. UTCFirst Mover: As Bitcoin Flips Bearish, Neither Biden Nor BlackRock Brightens MoodBitcoin (BTC) was lower for a third straight day, slipping below the $34,000 level that had been seen…

Bitcoin Volatility at 3-Month Low as Market Awaits Big Price Move
Apr 20, 2020 at 12:03 UTCBitcoin chart for April (Credit: CoinDesk)Bitcoin Volatility at 3-Month Low as Market Awaits Big Price MoveBitcoin market volatility has hit three-month lows – marking a price squeeze that could soon pave the way for a big move on either side. The spread between bitcoin’s Bollinger bands – volatility indicators placed 2…

Crypto Observers Decode Large Block Trade in Ether Options
On Tuesday, a large ether (ETH) trade involving call options expiring in June and September crossed the tape on Deribit, sparking discussions in the trading community about the nature of the flow.Per data tracked by Amberdata, On Tuesday, a single entity booked a large block trade that involved the purchase of over 57,000 contracts of…

What a Dubai Court Ordering a Company to Pay Its Employee in Crypto Means
A recent court order in Dubai appears to have legitimized salary payment using crypto, but some experts point to unanswered questions. It is unclear whether the ruling will be appealed. A Dubai court ordered a company to compensate a worker through a cryptocurrency token, as stipulated in the employment contract, a legal precedent that raises

OKCoin to Suspend XRP Trading and Deposits on January 4
Dec 28, 2020 at 8:06 p.m. UTCOKCoin to Suspend XRP Trading and Deposits on January 4OKCoin said it will suspend XRP trading and deposits on its crypto exchange, effective on January 4, 2021, according to its statement on Monday afternoon. The exchange specified two key dates along the suspension timeline. “At 3 a.m. UTC time…

First Mover Americas: Bitcoin Seen Topping $50K This Weekend
This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Latest PricesTop StoriesBitcoin (BTC) rose for a fifth day, surpassing the $47,000 mark early Friday as the CoinDesk 20 Index (CD20), a gauge of the biggest cryptocurrencies, added

Binance’s Liquid Staked Ether Jumps to $1.2B in TVL After Sudden $500M Inflow
Binance’s liquid staking ether saw a sudden $500 million burst of inflows over the weekend, pushing its total locked value (TVL) to $1.2 billion, according to DefiLlama.Blockchain data shows that a total of 318,180 wrapped Binance ETH (WBETH) derivative tokens – worth $502 million – were minted on Saturday and Sunday in five, roughly equal