Bitcoin miner Riot Platforms miss estimates with wider Q2 loss
Riot managed to increase its revenue from Bitcoin mining despite reporting a staggering 340% increase in costs to mine a Bitcoin.
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Bitcoin network transactions and fees surge amid investor de-risking
Investors are urgently sending Bitcoin into exchanges in order to either de-risk their portfolio or to protect margin positions with more collateral according to Glassnode’s latest report. 329 Total views 4 Total shares The number of transactions on the Bitcoin network has spiked over the past week, which blockchain analysis firm Glassnode suggests are ‘urgent’…
Ren launches bridge to Polygon for seven top crypto assets
The new bridge will allow Ren’s ERC-20 representations of BTC, BCH, DOGE, FIL, LUNA, ZEC, and DGB can now be transferred onto the Polygon network. 1667 Total views 1 Total shares The launch of the new Polygon x RenVM Bridge was announced to Twitter by Polygon on May 28, who emphasized the bridge will allow…
Decred co-founder explains rationale behind Bitcoin bull and bear cycles
Do Bitcoin's market cycles depend on its structure as an asset, human psychology, or both? 1894 Total views 12 Total shares Since its launch approximately 12 years ago, Bitcoin (BTC) has seen a number of bull and bear cycles, each greater than the last. What drives these cycles, however? Decred co-founder Jake Yocom-Piatt claims that…
Charlie Shrem Says QE, Halving Will Spark Bull Run … in 2021
Crypto pioneer Charlie Shrem told Virtual Blockchain Week the combination of the halving and QE will spark a major bull run … but it might take some time. 1906 Total views 44 Total shares At Virtual Blockchain Week, crypto pioneer Charlie Shrem made a strong bull-case for Bitcoin, saying the combination of diminishing supply due…
Whales drive NFT comeback on BNB Chain in Q3: Messari
NFT trading volume on BNB Chain increased 283% quarter-on-quarter in Q3, driven by whales as average daily buyers fell over 50%, according to Messari.
Nvidia doesn’t want to give up its 2017 ‘crypto craze’ docs
Nvidia is trying not to hand over internal documents to plaintiffs who allege that the GPU manufacturer misrepresented its financials during the 2017 bull run. The legal representatives of technology company Nvidia have argued that its investors are not entitled to access its internal records about the “crypto craze” of 2017 and 2018.During a trial…
Germany has 9K Bitcoin left just 3 weeks after it started selling
Germany’s Bitcoin stack briefly dipped below 5,000 BTC after sending a mass of funds to Coinbase, Bitstamp, and Kraken but has since moved some back.
‘Future is Here’ Declares CEO as Binance Transfers $1.2 Billion For Under 2 Cents
On June 26, about $1.2 billion in binance coin (BNB) has been transferred in 1.1 seconds with a $0.015 fee on the binance chain, reveals data published on WhaleAlert, a platform tracking significant transactions.Earlier today, CEO of major cryptocurrency exchange Binace, Changpeng Zhao, warned that big transactions should be expected. He explained that the exchange…