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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The use of blockchain tech should be more environmentally friendly
It is no longer news that the United States has restated its commitment toward lowering carbon emissions and taking an active part in the quest to normalize environmentally friendly measures on the global scene. This drastic shift in policymaking will spur the introduction and establishment of more stringent approaches to climate change. Undoubtedly, the reentering…

Bitcoin futures premium hits 18-month high — Time to flip bullish?
The Bitcoin (BTC) futures' premium has reached its highest level in 18 months on July 4. But traders are now questioning whether the derivatives metrics indicate "excessive excitement" or a "return to the mean" after a prolonged bear market.BTC price gains capped by regulators, macroeconomicsBitcoin's price has been trading in a narrow 4.4% range since June…

Blockchain Association meeting with key Biden staff about regulations
The crypto advocacy group is going on a charm offensive and meeting with top representatives of the Biden administration. 3252 Total views 15 Total shares U.S.-based crypto advocacy group, the Blockchain Association, is lobbying key figures in the Biden administration to advocate for more favorable regulations.The Association’s executive director, Kristin Smith, told Fox Business the…

Crypto adds efficiency to global trade and financing, says Bequant exec
Martha Reyes, head of research for Bequant, says that tokenizing trade finance assets can facilitate access to capital for SMEs. 308 Total views 26 Total shares Global trade and financing suffer from inefficiencies because of traditional infrastructures. However, according to Martha Reyes, the head of research at Bequant, crypto can fix this issue.In an interview…

Lloyds Bank Partners With Blockchain Platform to Streamline Trade Finance
Lloyds Bank is partnering with blockchain platform Komgo to streamline its commercial banking division.Blockchain to streamline international trade processOn Sept. 25, United Kingdom financial news outlet FStech reported that Lloyds Bank has partnered with the distributed ledger technology firm Komgo. Lloyds Bank, one of the “Big Four” clearing banks in the U.K., said that it…

Friend.tech TVL tops $20M weeks after being declared ‘dead’
User activity on friend.tech has witnessed a major resurgence after briefly fizzling last week. 93 Total views 4 Total shares Decentralized social media platform friend.tech has seen a sudden surge in total value locked (TVL), doubling to reach more than $20 million within the last four days. Only two weeks ago, critics declared the platform “dead”

BTC price ignores US PCE data at $16.8K as Bitcoin rejects volatility
Bitcoin (BTC) saw a flicker of volatility around the Dec. 23 Wall Street open as the latest United States inflation data came in line with expectations.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin sees "crumb" of volatility on PCEData from Cointelegraph Markets Pro and TradingView showed BTC/USD briefly decoupling from solid sideways action to dip to…

Bitcoin ETFs hit $6.4B inflows in November amid record BTC rally
US-based spot Bitcoin ETFs saw $6.46 billion inflows in November, led by BlackRock, as BTC recorded a 45% price rally.