US appeals court says SEC exceeded authority with fund rule
The Fifth Circuit found that the regulator overstepped its authority in its new rules affecting hedge funds. Could this ruling be a good sign for crypto?
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Over 80 Percent of Total ETH Supply is Held by 7,572 Addresses: Research
Over 80 percent of the total circulating supply of Ethereum (ETH) is held by 7,572 addresses, claims a report released by digital asset research company Delphi Digital on March 7.More precisely, the data contained in the report claim that over 80 percent of the total supply of ETH coins are held by addresses with a…
Price analysis 8/12: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
The S&P 500 Index is extending its recovery, boosting buying in Bitcoin and select altcoins in the near term.
Bitcoin power consumption ‘66 times higher than in 2015’: Citigroup
However energy consumption has not matched the 170X price increase over the same period. 855 Total views 7 Total shares The Bitcoin energy consumption debate is heating up faster than the planet, with corporations facing pushback from the public and shareholders over Bitcoin investments.According to a Citigroup Inc. report, Bitcoin is consuming 66 times more…
Blockchain can combat Australia’s $1.7B food and wine fraud problem
Food and wine fraud costs Australians $1.7 billion, but government and industry experts say blockchain could be the solution A supply chain forum featuring local experts and government officials has advocated using blockchain technology to fight the $1.7 billion worth of food fraud annually harming Australia's primary sector.Blockchain Australia deputy chair Rob Allen moderated the…
AI-related crypto returns rose up to 41% after ChatGPT launched: Study
Researchers in Germany found that the launch of ChatGPT had a significant impact on AI-related cryptocurrencies, despite an overall bear market. 650 Total views 2 Total shares A recent study conducted by researchers at the Blockchain Research Lab in Hamburg, Germany indicates that OpenAI’s launch of ChatGPT represented a rising tide scenario for cryptocurrency assets…
Bitcoin extends slide below $43K as Binance’s BTC stash grows to May-crash levels
Despite Bitcoin (BTC) dropping below the $43,000 mark on Monday, the outflow of BTC from exchanges has continued in a multi-month trend, particularly on Coinbase Pro. BTC/USD 4-hour candle chart, Coinbase. Source: TradingViewOver the past month, the amount of Bitcoin held in Coinbase Pro’s vaults dropped by 28,843.87 BTC. Similarly, other crypto exchanges, including Kraken, OKEx,…
Tor Project Now Accepts Bitcoin Over Lightning Network
The Tor Project, the nonprofit organization behind the anonymous network Tor, announced that it now accepts Bitcoin (BTC) donations via the Lightning Network.The organization announced on Nov. 19 that it will accept Lightning Network donations as part of Bitcoin Tuesday, a fundraising initiative led by the crypto-for-charity organization The Giving Block.Tor recommended the BottlePay wallet…
20% drop in the S&P 500 puts stocks in a bear market, Bitcoin and altcoins follow
Recession fears mount as a 20% decline in the S&P 500 places stock in a bear market, increasing the chance that BTC and altcoins will make new lows. 194 Total views 32 Total shares Whoever coined the phrase “sell in May and go away” had brilliant insight and the performance of crypto and stock markets…