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Glassnode Analysis Reveals Spot Bitcoin ETF Approval Could Unleash $70B Capital Influx
24.11.2023
The approval of a spot bitcoin exchange-traded fund (ETF) in the U.S. could inject substantial new capital into the cryptocurrency market. Glassnode’s latest analysis on the subject provides a deep dive into how spot bitcoin ETFs could reshape market demand and supply, signaling a new...
Mismatch Between the Demand and Supply of GPUs Stifling AI Innovation — Tory Green
4.11.2023
The mismatch between the demand and supply of graphics processing units (GPUs) is potentially stifling artificial intelligence (AI) innovation, Tory Green, the COO of the decentralized GPU cloud service provider io.net, has said. According to the COO, this mismatch stems from the fact manufacturers...
Report: US ETFs Signal Renewed Bitcoin Interest; BTC’s Limited ‘Hot Supply’ Eyes Bull Market
6.8.2023
As interest in bitcoin exchange-traded funds (ETFs) heats up, a new report from blockchain analytics firm Glassnode examines how much bitcoin is actually available for purchase. The report, titled “How Many Bitcoin Are For Sale?” published on June 26, 2023, looks at exchange flows...
Nigerian Presidential Candidate Says Fixed Exchange Rate Regime ‘Has to End’ — Touts Success of Fintech Unicorn Flutterwave
6.9.2022
A Nigerian presidential election candidate, Peter Obi, has said the local currency’s exchange rate against the dollar must not be fixed but must be determined “by the forces of demand and supply.” Pointing to the success of the Nigerian fintech Flutterwave, the candidate said...
Kosovo Halts Cryptocurrency Mining Amid Energy Crisis
5.1.2022
The government of Kosovo has decided to suspend crypto mining activities in the country as part of measures to deal with power shortages this winter. The move has been proposed by a special parliamentary committee tasked with bridging the gap between electricity demand and supply. Kosovo...
US Utility Mines Bitcoin To Balance Electricity Supply
24.9.2021
y demand and supply as more renewable energy continues to come online.An increased use of BTC mining by utilities for grid balancing could help mend Bitcoin’s reputation as a fossil fuel-hungry asset that boosts the world’s carbon footprint, a factor that triggered
After Central Bank Devalues Naira by 5% Finance Minister Attributes Drop to ‘Market Forces’
14.6.2021
Nigerian Finance Minister Zainab Ahmed has denied widespread reports that the Central Bank of Nigeria (CBN) had sanctioned the devaluation of the local currency sometime in May 2021. Instead, she attributes the naira’s fall to the “volatility in the oil price.” Ahmed’s...
LPNT’s Strategy For Increasing LPN TOKEN’s Utilization, Circulation, Demand and Supply
17.12.2020
PRESS RELEASE. Forex trading is the world’s largest decentralized liquidity market. LPN TOKEN is an undisputed leader in this domain of finance. This is possible with the help of Dubai based Next Forex Technologies LLC, the sister company of LPNT. LPN TOKEN actually provides the best forex...
Laws of Demand and Supply: The Only Factor for Bitcoin Valuation?
13.3.2020
“Demand is defined as the desire for a commodity, backed by the ability to buy, and willingness to pay for it, at a given price, during a particular period of time.” (Dr. Alfred Marshall) “The supply of a commodity may be defined as the amount of the commodity which the sellers able a willing...