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Working Group to Develop Efficiency Standard for Crypto Mining in Russia
19.9.2022
Crypto industry experts have formed a working group to draft a standard for energy-efficient and profitable cryptocurrency mining in Russia. The rules will aim to help developers and data center operators offer investors increased hardware uptime. Russia Prepares to Improve Efficiency of Mining...
Nigerian Inflation Rate Rises to 20.52% in August — Month-on-Month Rate Drops
19.9.2022
While Nigeria’s year-on-year inflation rose for the seventh straight month to 20.52% in August 2022, the latest data from Nigeria’s National Bureau of Statistics shows that the month-on-month rate declined from 1.82% to 1.77% during the same period. The depreciation of the local...
Solar-Powered Crypto Farm in Australia to Prove Bitcoin Mining Can Be Green
18.9.2022
A crypto mining data center in the state of South Australia will be running mainly on solar-generated electricity, a media report reveals. The coin minting facility has been set up in a region known for its energy-hungry iron ore extraction and steel production. Bitcoin Farm to Mine Cryptocurrency...
Ethereum’s Post-Merge Transfer Fees Remain Low, Since Mid-May High-Priority ETH Fees Are 93% Cheaper
17.9.2022
Following Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS) on September 15, the blockchain network’s transaction fees have been much lower than they were ten days before The Merge. Roughly four months ago on May 13, 2022, high-priority ether transactions could...
Historical Bitcoin Price Trends Are Traditionally Bearish in September, While BTC Market Revivals Follow in October
17.9.2022
Half of September has passed and bitcoin traders are curious about where the price is headed next, as September is traditionally a bearish month for crypto prices. Furthermore, October is known to be a bullish month as bitcoin has been profitable in October more than 77% of the time. Data shows...
Plus: how does 'long tail' differ for year-old games?
16.9.2022
We poke around in some of key Steam data - plus all our regular charts
Proof-of-Work Proponents Question Validator Censorship as 59% of Staked Ethereum Is Held by 4 Companies
16.9.2022
Prior to The Merge, Ethereum used to have dozens upon dozens of mining pools dedicating hashrate toward the blockchain network. That has all changed and most of the miners transitioned or plan on transitioning to other Ethash compatible coins like ethereum classic, ERGO, and the new fork ETHW....
Data challenges the DXY correlation to Bitcoin rallies and corrections ‘thesis’
16.9.2022
Analysts and traders strongly adhere to the “Bitcoin is inversely correlated to the strength of the U.S. dollar index” thesis, but a closer look at the data suggests otherwise
40%+ Ethereum PoS nodes are controlled by two addresses says Santiment data
16.9.2022
Data released hours after the Merge prompted concerns about the alleged centralization of PoS
Ethereum PoW Network Sees Complaints on Day 1 Amid Data Goof-Up
16.9.2022
Users said they weren't able to access the blockchain's servers using the publicized information, and attempts to link it to a crypto wallet failed
Michael Saylor Publishes Open Letter Discussing the ‘Sheer Volume of Misinformation’ Tied to Bitcoin
16.9.2022
The Microstrategy executive Michael Saylor is a big believer in Bitcoin as his company has purchased close to 130,000 bitcoin during the last few years. Six days ago, the U.S. Office of Science and Technology Policy published a report that claims proof-of-work mining operations have been affecting...
SWIFT and Symbiont announce corporate data blockchain pilot
13.9.2022
The message-system processes over five billion transactions a year and seeks to maintain its relevance by integrating disruptive technologies to its business
Market Wrap: US Inflation Data Roils Markets, Bitcoin and Ether Fall
13.9.2022
Investors expecting a more significant improvement in inflation data were disappointed and showed it by selling. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Biggest Movers: LTC Hits Highest Point Since June, as APE Climbs to 3-Week High
13.9.2022
Litecoin rose to a three-month high in today’s session, following a breakout of a key resistance level. The move took place prior to the release of U.S. inflation data, which fell to 8.3% in August. However, following the release, which was higher than expected, earlier gains eased. Apecoin...
Why the Bitcoin Price is Crashing Today After Bearish CPI Data – And Why it's Not All Bad
13.9.2022
The bitcoin price is crashing at the start of the US session after US Consumer Price Index inflation came in at the top of economists' forecasts.
Bitcoin is trading down 4.1% at $21,404 after a good run in which still leaves the price up 13% over the past seven days.
As we reported earlier today...
Bitcoin battles whales above $22K as BTC price faces US CPI data
13.9.2022
Bitcoin bulls are now attacking the "final" major resistance cluster below $25,000, on-chain data shows
First Mover Asia: Bitcoin Has Not Bottomed Out, Data Suggests; Ether and Other Altcoins Fall in Monday Trading
13.9.2022
A recent report from South Korea-based CryptoQuant outlines a number of different price valuation metrics that show bitcoin bottoming out between $10,000 and $14,500
Market Wrap: Ether Falls Despite Merge Anticipation; Bitcoin Climbs as Investors Await Inflation Data
12.9.2022
The second-largest cryptocurrency declined relative to bitcoin three days ahead of the scheduled Merge. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
US Inflation Data Could Test Bitcoin’s Rally
12.9.2022
The price of bitcoin gained 15% over the weekend as traders wait for positive U.S. inflation data
GBP/JPY Crosses 166 Ahead of UK Data Dump
12.9.2022
Asian Indices The ASX 200 index for Australia increased by 75.2 points (1.09%) and is now trading at 6,969.40. The Nikkei 225 index of Japan is now trading at 28,215.57 after increasing by 150.29 points (0.54%). The Hang Seng index in Hong Kong has increased by 507.63 points (2.69%) and is...