Bitcoin mining hashrate set to slow down — Here’s why
After a tough 2024 for the Bitcoin mining industry, mining companies might finally get some relief as competition might slowly cool down.
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Eth2’s Rocket Pool reaches $350M TVL and 635 node operators in five weeks
“In the staking market, there was significant latent demand for a decentralized option — it just needed our launch to spark an inferno,” said Rocket Pool general manager Darren Langley. 1054 Total views 15 Total shares Rocket Pool, a decentralized Ethereum 2.0 staking platform has surpassed $350 million worth of total value locked (TVL) within…

Google Cloud teams up with MultiversX amid blockchain firm’s focus on metaverse
MultiversX announced an array of new features on its xPortal super-app with tools to build next-gen metaverse features on the same day of the Google Cloud partnership. Google Cloud has teamed up with blockchain infrastructure firm MultiversX (formerly Elrond) to boost its Web 3 presence. Google Cloud has integrated MultiversX into the platform which will

Bitcoin bulls control Friday’s $1.7B monthly options expiry
Bitcoin's surge above $40,000 boosted the bulls' advantage in this month's $1.7 billion options expiry. 77 Total views 2 Total shares On Friday, July 30, a total of 42,850 Bitcoin (BTC) option contracts ($1.7 billion) are set to expire. This might be the first time since the May 21 weekly expiry that bulls will be…

MicroStrategy stock price more than doubles in 2023 in lockstep with Bitcoin
MicroStrategy's infamous Bitcoin (BTC) investment strategy is playing out profitably so far into 2023.Today, MicroStrategy's stock MSTR is up roughly 140% year-to-date (YTD) to $350 per share, its highest level since September last year. It mirrored Bitcoin's 90% YTD gains, maintaining a strong positive correlation with the top cryptocurrency.MSTR daily price chart featuring its daily correlation…

NFTs hit $562M in monthly sales, Nike shuts down RTFKT: Nifty Newsletter
NFTs have started to recover, recording a monthly sales volume of $562 million in November.

Ether poised to outperform Bitcoin: Bybit
Bybit’s November market report points toward Ethereum gaining traction as Bitcoin dominance fades.

Can IEO Cryptos Recover After MATIC’s Mysterious 70% Plunge?
One of Binance’s initial exchange offering (IEO) tokens, Matic Network (MATIC), dropped almost 70% on Dec. 10. Meanwhile, other IEOs such as Celer Network (CELR) and Harmony (ONE) also followed suit. Based on the Ichimoku Cloud, MATIC’s trend now sits in jeopardy as CELR and ONE seem to have lost whatever momentum they were gathering for…

‘Violent’ Bitcoin breakout due as BTC open interest nears all-time high
Bitcoin (BTC) stayed rangebound at the Oct. 6 Wall Street open with traders already planning for a “violent” breakout.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin whale activity highlights the importance of $19,000Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it moved up and down by only a matter of a few hundred dollars…