Blast token rallies 40% after $2B airdrop debut
The native token of the Ethereum layer-2 Blast has rallied following an airdrop in which 17% of the supply was sent to eligible users.
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New York Times's latest report on Bitcoin (BTC) mining, titled “The Real-World Costs of the Digital Race for Bitcoin,” has irked many BTC proponents. A number of Bitcoin proponents took to Twitter to call out certain aspects of the report calling it "cheery picking data."The NYT article calls Bitcoin mining a “voracious" appetite and claims BTC…
Pump-and-Dump Groups Become ‘Widespread’ as Market Remains Largely Unregulated
The Social Science Research Network (SSRN) recently published research studying the phenomenon of pump-and-dump groups within the crypto community. The paper — conducted by seven academics from Tel Aviv University, the University of Tulsa and the University of Mexico — concluded that “regulators should be very concerned that price manipulation via pump and dump schemes…
Bitcoin’s ‘Elon Musk pump’ rally to $48K was exclusively driven by whales
Bitcoin whales drove the rally to $48,000 and are aggressively buying, Binance exchange data shows. 3141 Total views 16 Total shares The price of Bitcoin (BTC) rallied to above $48,000 on Feb. 9, and has been consolidating since. Analysts from Material Indicators found that whales were the primary driver of the rally.This is largely considered…
The view from Paris Blockchain Week 2023: Web3 builds while the city burns
Paris Blockchain Week celebrated its fourth edition in spring 2023 against a backdrop of riots, protests and general civil malaise. The builders in the Bitcoin (BTC), crypto, and Web3 spaces were unfazed by protesters chanting and dancing on the doorstep of the conference venue. The event took place against the backdrop of ongoing protests in Paris…
BTC miner CleanSpark scoops up thousands of miners amid ‘distressed markets’
CleanSpark bought over 3,800 mining machines at $15.50 per terahash – far below the current market price of $22.94 and an 85.4% discount from the all-time high costs of $106.62 in Dec. 2021. 307 Total views 4 Total shares Sustainability-focused Bitcoin (BTC) mining company CleanSpark has snapped up another 3,843 cryptocurrency miners amid a backdrop…
Bitcoin large sellers 'exhausted' as $67K price holds
Bitcoin is seeing a reduction in selling pressure from large investors as its price continues to hold above $67,000.
CEO of Blockchain Media Company Po.et Leaves for Washington Post
The CEO of blockchain-based media startup Po.et, Jarrod Dicker, is leaving the firm to return to the Washington Post, the major American news outlet reported Jan. 24.At the Washington Post now for the second time, Dicker will assume the role of vice president of commercial technology and development at the media giant. He previously worked…