Fractal Bitcoin: good or bad for mining revenues?
August 2024 represented the worst month for Bitcoin mining revenue since September 2023, with $827.56 million in fees generated.
Related Posts
Ride-hailing app Tada integrates TON crypto payments for Singapore rides
TON executive Harvey Kim told Cointelegraph that a new ride-hailing Telegram Mini App will accept Toncoin and USDT on TON.
Senate infrastructure bill isn’t perfect, but could the intention be right?
United States Senators have cast their votes, and the contentious HR 3684 infrastructure bill cleared in the upper Congress chamber. Now, the gigantic document of over 2,700 pages and amounting to almost $1 trillion is heading to the House of Representatives, including the provisions expanding the definition of a cryptocurrency broker, designed to beef up…
Bitcoin’s Technicals Show Signs of a Bottom, Possible Short Term Rally: Analysts
Key technical parameters signal that top cryptocurrency Bitcoin (BTC) may be finding a bottom, and could even be headed for a short term price hike, according to analysts at Bloomberg Jan. 22.Bitcoin’s GTI Global Strength Technical Indicator is now at 35.6, which Bloomberg notes is “nearing oversold levels,” and the lowest level since December. The…
Project gives away 14M tokens in digital universal basic income experiment
GoodDollar believes that "digital basic income can work at scale, while effecting positive change on a global level.” 1070 Total views 10 Total shares A nonprofit initiative that leverages decentralized finance as a means to offer a digital income for its users has announced that people have now claimed more than 14 million of its…
Bitcoin price holds $20K, but analysts say ‘expect 6 months of sideways’ price action
BTC bulls are holding $20,000, but most traders are confident that the price will remain range-bound for at least six more months. 584 Total views 46 Total shares Trading across the cryptocurrency market was relatively subdued on July 5 as the ecosystem continues to digest the fallout from the Three Arrows Capital scandal and Voyager…
Former UBS Executive Establishes Digital Securities Insurance Platform
A former executive of investment bank UBS has established a United States-based digital securities platform.According to a press release on Nov. 27, Claude Waelchli — who served over 12 years at UBS in various executive positions — launched the Tokenyz platform for issuing digital securities. Waelchli states that the financial industry can benefit from digital securities…
Low Exchange Reserves Suggest Futures Traders Are Over-Leveraged
The number of Bitcoins held on exchanges continues to decline despite growing open interest in the futures markets. 604 Total views 12 Total shares Cryptocurrency market data aggregator Glassnode has reported that the number of Bitcoins (BTC) held on centralized exchanges has fallen to a 12-month low.The decline in exchange reserves comes amid numerous recent…
Can the Blockchain and Token Economics Fix Privatizations?
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. This text shouldn’t be considered as legal advice.In our Expert Takes, opinion leaders from inside and outside…