CleanSpark reports 187% hashrate growth
CleanSpark’s hashrate increased from 9.6 EH/s to 27.6 EH/s over the past year, driven largely by strategic acquisitions that boosted its mining capacity.
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Dogecoin becomes second largest PoW cryptocurrency
Following the Ethereum Merge, Dogecoin now only trails Bitcoin as the biggest proof-of-work cryptocurrency. 502 Total views 21 Total shares Meme-inspired cryptocurrency Dogecoin (DOGE) is now officially the second largest proof-of-work (PoW) crypto in terms of market cap, following the Ethereum network's proof-of-stake upgrade on Sept. 15. Bitcoin (BTC) of course remains miles ahead of Dogecoin’s…
Federal agencies are missing the mark on celebrity crypto endorsements
It's time for a review exploring whether the rules that federal agencies impose on crypto-related speech pass constitutional muster.
Tether CTO on USDC depeg: ‘Bitcoin maxis were right all along’ | PBW 2023
Paolo Ardoino said that recent events in the crypto space demonstrate that Bitcoiners were right and that Bitcoin is the “ultimate way” to hold wealth. Own this piece of history Collect this article as an NFTAt the Paris Blockchain Week 2023, Tether’s chief technology officer Paolo Ardoino spoke with Cointelegraph reporter Joseph Hall to discuss…
China: Shenzhen Special Economic Zone to Include Digital Currency Research
On Aug. 18, the Central Committee of the Communist Party of China outlined the plans for the future development of the Shenzhen Special Economic Zone, including the research and promotion of digital funds and the national cryptocurrency based on the renminbi.According to Chinese news agency STCN:“Mutual recognition of fund products. Promote interoperability with Hong Kong…
Celsius lawyers claim users gave up legal rights to their crypto
Lawyers for the bankrupt crypto lender reaffirmed that user funds essentially belonged to the company and not the user, with potentially one major exception. 391 Total views 3 Total shares Celsius’s 1.7 million registered users across over 100 countries gave up title to the crypto they deposited into Earn and Borrow accounts, according to the…
No, Bitcoin isn’t entering a 2018-like bear cycle, new data suggests as BTC targets $45K
The scale of Bitcoin's (BTC) ongoing downside correction might not be as alarming as it was in 2018, indicates data shared by Glassnode.The blockchain analytics firm reported that investors who have held Bitcoin for more than one year showed a lesser interest in liquidating their investments versus those who held the digital asset for 3-6…
Bitcoin price to $500,000: Winklevoss lays out ultimate bullish case
Tyler Winklevoss, one of the first reported Bitcoin (BTC) billionaires and the co-founder of Gemini, believes the ultimate bull case for Bitcoin means reaching a target of $500,000.The theory for a $500,000 long-term Bitcoin price is straightforward. Winklevoss believes Bitcoin could overtake gold as the global market’s leading safe-haven asset. Since the market capitalization of gold…
Bitcoin whales are buying more aggressively since Christmas, data finds
Bitcoin (BTC) whales have been buying more since Christmas, on-chain data shows. This indicates that high-net-worth investors are continuing to eat up the supply of BTC.It is nearly impossible to segregate institutional investors from individual investors through on-chain data. However, the trend shows that investors with large capital are increasingly entering into the Bitcoin market…