Bitcoin hashrate hits all-time high, boosting network security
The increasing Bitcoin hashrate and block reward reduction from the Bitcoin halving could lead to miner consolidation among smaller firms.
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DOGE, MKR, OP and XDC gather strength as Bitcoin price remains range-bound
Bitcoin (BTC) has been stuck in a narrow range for the past several days. A minor positive is that the range has formed near the recent local high. This suggests that the bulls are not rushing to the exit as they anticipate another leg higher.Bitcoin’s consolidation has pulled its market dominance to 48% from over…
66% of ETH Hodlers Plan to Stake at Least Some of Their Coins
Two-thirds of Ethereum hodlers are planning on staking their coins when ETH 2.0 goes live in the coming months. Ethereum (ETH)-focused blockchain technology firm, ConsenSys, has published a report looking at the staking and custody preferences of ETH holders.The report finds that two-thirds of Ethereum investors plan to stake their coins once the first phase…
Report: Binance, OKEx Volumes Surge While Coinbase, Kraken See Over 70% Drops
The largest U.S. cryptocurrency exchange Coinbase faces tough competition from Asian competitors Binance and OKEx, data revealed Monday, August 20, as its volumes drop almost 85 percent. Figures compiled by cryptocurrency industry newsletter producer Diar show that while Coinbase trading has tailed off dramatically since the start of 2018, Binance and OKEx have either seen…
Major South Korean telecom company plans launch of blockchain wallet for crypto and NFTs
In 2020, the company also launched a wallet for blockchain-powered digital certificate storage aimed at addressing certifications amid the COVID-19 pandemic. 239 Total views 54 Total shares South Korean telecommunications giant SK Telecom has signed a joint agreement with other blockchain firms aimed at developing a digital wallet that can support cryptocurrencies, nonfungible tokens and…
Price analysis 12/6: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, LUNA, AVAX
Bitcoin (BTC) is attempting to extend its recovery by rising above the psychological mark at $50,000, but several popular analysts believe that BTC could remain range-bound for a few weeks or even months.On-chain analytics firm CryptoQuant said that Bitcoin “whales are still depositing BTC to exchanges.” This simply indicates that whales are setting themselves up…
MicroStrategy splashes $177M on Bitcoin, now holds almost 109,000 BTC
MicroStrategy’s Bitcoin holdings are now worth more than $5.3 billion at the current BTC price. 557 Total views 5 Total shares MicroStrategy has once again purchased more Bitcoin (BTC), with the company adding 3,907 BTC to its holdings. According to a Form 8-K filing with the United States Securities and Exchange Commission published on Tuesday,…
5 stories that suggest crypto is moving into ludicrous territory
Dogecoin, Lindsay Lohan, Ivan On Tech and the New Zealand government, What do they all have in common? 654 Total views 1 Total shares The Bitcoin bull run may have slowed since the price retreated from $42,000 last week, but the pace of absurd crypto stories appears to have sped up.Just like we saw in…
Searches for ‘AI jobs’ in 2023 are 4x higher than ‘crypto jobs’ when BTC hit $69K
Web3’s entry into the public perception coupled with peak BTC value led to the highest number of searches for “crypto jobs” ever in 2022. Now, “AI jobs” has hit its own peak. Artificial intelligence (AI) has become a clear-cut winner in the battle for job seekers, according to a new analysis from cryptocurrency data aggregator…