WIF open interest jumps 16% as trader claims 'nobody is ready' for reversal
Dogwifhat open interest has spiked as its price has been trading below $1.90 since Aug. 25, while a trader points out a potential reversal pattern forming.
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Simplified Blockchain Tech Is Helping Bring Banks out of the Stone Age
An archaic blockchain technology helps a technology company convince U.S. bank regulators that the transactions are free of money laundering. 709 Total views 21 Total shares Treasury Prime aspires to bring U.S. banks out of the stone age by providing automation through APIs. It appears that they internally use rudimentary blockchain technology to handle their…
Grayscale Bitcoin Trust’s alleged wallet addresses released by Arkham
The blockchain analytics firm claims Grayscale is the world's second-largest BTC entity. 496 Total views 3 Total shares Blockchain analytics platform Arkham Intelligence claims to have identified the addresses of the Grayscale Bitcoin Trust. The trust consists of more than 1,750 addresses holding a total of over $16 billion worth of Bitcoin (BTC), according to
Italian Red Cross Launches Bitcoin Fundraiser to Combat Coronavirus
The Italian Red Cross and the Colli Albani Committee are raising donations Bitcoin and other cryptocurrencies to fight the country's coronavirus pandemic with the support of Helperbit, as announced on March 12.Goals of the new campaignProceeds from the campaign will reportedly be used to set up a second-level advanced medical post for pre-triage of COVID-19…
Bitcoin miner revenue jumps by 50% in 4 days since record difficulty drop
It's a tale of two Bitcoins as active miners reap the benefits while others remain completely offline. 611 Total views 5 Total shares Bitcoin (BTC) miner revenue jumped after the network saw its biggest-ever difficulty drop, data shows. According to figures from monitoring resource Blockchain, daily revenues have surged by over 50%."Interesting dynamic" hits Bitcoin miningBitcoin…
Bitfarms’ shares slump on Nasdaq debut amid crypto market pull-back
Bitfarms’ debuting shares have been unable to escape the bearish crypto meta-trend, despite the firm claiming its profits have increased amid the recent drop in Bitcoin hash rate. 399 Total views 1 Total shares The highly anticipated Nasdaq debut of renewable energy-focused BTC mining firm, Bitfarms (BITF), saw the company’s stock fall by as much…
Canto blames ‘secondary effects’ as chain halts again 90 mins after restart
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$580M open interest makes Cardano (ADA) the third largest futures market
The open interest for ADA futures rose to $580 million, flipping Litecoin to become the third-largest derivatives market. 699 Total views 7 Total shares On Feb. 3, Cardano conducted a hard fork and successfully integrated the Mary upgrade to the testnet, transforming the blockchain into a multiasset network similar to Ethereum.This event seems to be one of…
New blockchain platform aims to track one third of all shipping containers globally
Global Shipping Business Network launched a new blockchain-based platform to digitize the shipping process, and sought out key partnerships to target the Asian markets. 4176 Total views 21 Total shares Global Shipping Business Network (GSBN) has launched a new blockchain-based platform that could potentially track one-third of shipping containers across the globe. The GSBN was…