Miner profitability falls to record lows — Blocksbridge
Reduced block rewards post-halving and Bitcoin mining difficulty reaching new heights are eating away at miner revenues.
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WSJ: Grayscale Bitcoin Trust Outperformed Everything in H1 2019
Digital asset management fund Grayscale Investments’ Bitcoin Trust (GBTC) is up almost 300% on the year, data from Morningstar via the Wall Street Journal (WSJ) reveals.As of July 9, the investment instrument is yielding a 296% appreciation YTD — a stratospheric increase as compared with mainstream investments reflected in the S&P 500 (18.7%) and Global…

Fruits of the land: Blockchain traceability gives farmers a competitive advantage
The global food and agriculture industry is a trillion-dollar sector that is growing exponentially. According to findings from the World Bank, agriculture alone accounted for 4% of global domestic product, or GDP, f the United States in 2018. The report further noted that agriculture could account for more than 25% of GDP in developing countries. Meanwhile,…

It’s time to mature: We need compliant decentralized finance
The crypto space is an incredible, albeit risky, learning environment. Its volatility serves as a dire warning to those who like to test how deep the pool is by jumping in headfirst. Old guards constantly warn newcomers: “Take it slow, learn the basics and stack sats.” Wealth, in this space, can appear and disappear in…

South Korean Social Gaming App Launches Blockchain-Based Platform
Major South Korean social gaming app GameTalkTalk has rolled out a blockchain project for gamers, which will offer three new features, including rewards. 1943 Total views 47 Total shares The firm behind major South Korean social gaming app GameTalkTalk has rolled out a blockchain project for gamers.The new platform includes a reward-based social media DApp,…

BTC whale population shrinks to early 2020 levels — 5 things to know in Bitcoin this week
Bitcoin (BTC) keeps pushing for a bullish end to February as the monthly close starts another week’s price action.The largest cryptocurrency looks set to preserve its gains as it closes the second month of 2023 — and is keeping bulls’ hopes alive in the process.Can the good times continue? The coming week could mean decision…

In a Mixed Crypto Market, Bitcoin Inches Upward but Ethereum Remains Shy of $300
Monday, September 3: crypto markets are mixed today, with scattered corrections on a minor scale, as Coin360 data shows.Market visualization from Coin360Bitcoin (BTC) is trading at around $7,255 at press time, down a fraction of a percent on the day to consolidate its freshly won gains, according to Cointelegraph’s Bitcoin Price Index.Having reclaimed the $7,000…

CME Exec: No Plans for Physically Settled BTC Contracts
The Chicago Mercantile Exchange (CME) Group has no current plans to launch physically settled Bitcoin (BTC) contracts, a senior executive has said.Tim McCourt, its global head of equity index and alternative investment products, told MarketsMedia on Oct. 1 that all new contracts or products are driven by customer demand.CME’s new options will be settled in…

Biden team announces pick to lead SEC
Biden’s pick to run the SEC has some serious crypto and blockchain chops. 3301 Total views 13 Total shares President-elect Biden’s team recently unveiled additional folks it plans on nominating for various positions after the inauguration on Wednesday. One key pick is Gary Gensler as Chairman of the Securities and Exchange Commission, or SEC, according to…