Hive Digital sales up 36% as Bitcoin miner forays into AI compute
Hive’s new high-performance computing platform clocked around $2.6 million in sales in the second quarter of 2024.
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Ethereum Volume Influenced by Twitter Activity, New Data Reveals
Ether (ETH) price lost more than 40% this week, even hovering around $100 on the day which is now being considered the new Black Thursday in crypto and traditional markets. In recent hours Ether has bounced back slightly to trade in the $120 to $130 range.Cryptocurrency market weekly overview. Source: Coin360However, in 2017 Ether and…
VC Roundup: Enterprise blockchain, Bitcoin staking and Web3 pique investors’ interest
The sharp increase in global interest rates may have limited investors’ appetite for crypto ventures, but new projects are still flourishing and attracting capital to speed up growth. Data from the Cointelegraph Research Venture Capital Database shows June closed out with a 29.73% decrease in venture capital investments, with just $779.32 million secured in 62
9 essential finance terms you must know
Financial literacy is a critical life skill that can have a significant impact on an individual’s financial well-being and overall quality of life. It is important for individuals to continuously educate themselves on financial terms and concepts to make informed decisions and achieve their financial goals.Financial literacy is important for a variety of reasons:Making informed…
Senators add crypto taxes to infrastructure deal to raise $28B in extra revenue
U.S. lawmakers believe they can find $28 billion worth of infrastructure funding by expanding taxation on crypto transactions. 1007 Total views 8 Total shares Last-minute additions to the bipartisan infrastructure deal in the United States Senate saw lawmakers propose expanded cryptocurrency taxation to raise an additional $28 billion in revenue.The proposal will implement tighter rules…
Bitcoin battles bears ‘on offense’ as Christmas delivers a $50K BTC gift
It's not all doom and gloom for Bitcoin bulls this year — gains are still 100% versus last Christmas. 471 Total views 60 Total shares Bitcoin (BTC) held $50,000 into Dec. 25 as BTC bulls avoided an unwelcome Christmas Day surprise. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"Bears become bulls" short term?Data from Cointelegraph Markets…
BNY Mellon to provide ETF services for Grayscale’s Bitcoin Trust
The new agreement further reinforces Grayscale’s commitment to converting Grayscale Bitcoin Trust into an ETF as its strategic goal. 238 Total views 3 Total shares The bank of New York Mellon, America’s oldest bank, has signed an agreement with cryptocurrency asset manager Grayscale Investments to provide a set of services to its flagship Bitcoin (BTC)…
Maple Finance CEO: Separating risk from lending saved DeFi from market crash
DeFi crypto lending has operated as intended through the crypto winter because transparency kept it in line and business activities were siloed, according to Maple Finance’s Sid Powell. 66 Total views 28 Total shares Maple Finance co-founder and CEO Sid Powell says that transparency has been the saving grace of decentralized finance (DeFi) amid the…
How to avoid front runners on decentralized crypto exchanges
Decentralized exchanges (DEXs) nip in the bud several issues concerning their centralized counterparts such as concentration of liquidity in the hands of a few players, compromise of funds in case of a security breach, closed control structure and more. One issue, however, that has refused to subside is front-running. Unscrupulous players are still finding ways…