Bitcoin miners show mixed performance in September amid market volatility
While both Hut 8 and Irish Energy expanded operations, they reported contrasting results in Bitcoin production efficiency.
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New exchange EDX reportedly switching out Paxos’ custody services for Anchorage’s
The new exchange does not custody customer funds itself to avoid conflict of interest – and a hot-button issue with the SEC. EDX, a cryptocurrency exchange launched a week ago with the backing of tradfi heavyweights such as Citadel Securities, Fidelity Digital Assets and Charles Schwab, is reportedly preparing to switch custody providers, dropping Paxos…
Nearly 75% of professional investors see Bitcoin as bubble: survey
Bank of America asked 200 professional investors with $533 billion in assets under management about their opinions on Bitcoin. 5417 Total views 22 Total shares Bank of America released a new survey that found that the majority of professional investors are not very optimistic about the world’s largest cryptocurrency.Nearly 75% of respondents in the April…
How professional Ethereum traders place bullish ETH price bets while limiting losses
Being bullish on Ether (ETH) over the past four months did not pay off as its price dropped 44% from $4,600. The decentralized finance (DeFi) applications growth that fueled the rally faded away, partially due to network congestion and average transaction fees of $30 and higher.The cool-off period can also be attributed to excessive expectations…
EBay Denies Rumors It Will Start Accepting Crypto, Despite Advertising at Crypto Event
EBay has denied rumors that it is going to start accepting cryptocurrency as a payment method, according to a Bloomberg report on May 14.Speculation has been mounting since the e-commerce giant took out ads at the Consensus conference in New York City. One of the billboards said:“Virtual Currency. It’s happening on eBay.”It has been suggested that this week’s surge in…
Solana ‘memecoin frenzy’ prompts uptick in Rust dev demand
Rust is also becoming an increasingly popular programming language for blockchain firms building “performant distributed systems,” says CryptoJobsList CEO.
Textbook publisher wants to use NFTs to skim the used-textbook market
The academic textbook publisher hopes to capture a portion of secondary market sales on digital textbook sales by assigning an NFT to each title. 155 Total views 7 Total shares Textbook publisher Pearson has revealed its plans to use non-fungible tokens (NFTs) to keep track of digital textbook sales and effectively “diminish the secondary market"…
100% of Chainlink Addresses Are Currently in Profit
Chainlink’s bull run has created an abnormal situation where its entire supply is currently profitable according to an intelligence firm IntoTheBlock. The recent Chainlink (LINK) rally has led to some unconventional results — 100% of its supply is “in the money” or profitable.This metric simply represents a comparison between the asset’s current price and the…
$12K Bitcoin price back on the table after BTC rallies above $11.4K
Bitcoin price rallied to $11,491 after bulls managed to flip the $11K level from resistance to support. 1039 Total views 12 Total shares On Friday Bitcoin (BTC) price finally managed to break above the symmetrical triangle where the price had been compressing for the last 30 days. After holding the $11,000 level into the daily…