How to use crypto correlation for better risk management

At the Crypto Valley Summit during the World Economic Forum in Davos, ecological sustainability for the future is one of the primary talking points. Even though blockchain is on the fringes of global discussion, several experts see its usage in traceability as one of the key technologies for improving sustainability.Industry’s current applicationsSupply chain blockchain solutions…

Marathon Digital mined a whopping 1,853 Bitcoin in December, its most ever in a month. 4230 Total views 11 Total shares Bitcoin miner Marathon Digital Holdings has notched itself a new production record, mining more Bitcoin (BTC) in December 2023 than any month before.According to a Jan. 4 press release, the Florida-based firm reported mining

The banking authority said avoiding risk through cutting off crypto-involved clients may pose a “threat” to financial integrity. 112 Total views 33 Total shares The Prudential Authority of the Reserve Bank of South Africa sent out guidelines in effort to prevent illicit activities to its subsidiaries, which included encouragement not to cut off all ties…

The bank plans to enable users to make phone payments by integrating its e-CNY app with specialized "super SIM cards" that have near-field communication capabilities. Bank of China, one of the largest state-owned banks in China, is currently conducting trials for a novel offline payment system that connects to SIM cards. This payment method is…

The Canadian mining operator has managed to HODL through tough market conditions while other miners have sold holdings to manage operational costs. 1394 Total views 47 Total shares Canadian mining firm Hut 8 saw its Bitcoin holdings surpass the 8,000 Bitcoin (BTC) mark as it continues to accumulate self-mined holdings through depressed cryptocurrency market conditions.Hut…

The IRS’s recommendation to check “Yes” boils down to receiving, earning, transferring or selling cryptocurrencies for any monetary benefit, including mining and staking. 429 Total views 9 Total shares Own this piece of history Collect this article as an NFTWith the deadline approaching for filing the 2022 federal income tax return, the Internal Revenue Service…

The implementation of the recently launched Gemini dollar (GUSD) stablecoin can be completely changed by a Gemini custodian every 48 hours, according to a study authored by blockchain researcher Alex Lebed and crypto consultant Alexey Akhunov, published on Medium on September 11.In the research, the authors review the code of the GUSD’s smart contract in…

The billionaire investor conveyed his predominantly bullish opinions on the crypto ecosystem during a recent online interview Bill Miller, a seasoned Wall Street investor and founder of Miller Value Partners, advocated for the rise of Bitcoin (BTC) during a recent conversation with author William Green, but voiced skepticism around many of the altcoins birthed during…

To keep up with the declining Bitcoin rewards, Riot Platforms opened a new mining facility near Corsicana, Texas.