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Bitcoin price plummets while miner hash rate soars to all-time highs
4.10.2022
The overall security of the Bitcoin protocol, or hashrate, hit a new high of 158 exahash per second despite the price being down over 50% year to date
NYDIG raises $720M as Bitcoin balance hits all-time high
3.10.2022
An SEC filing reveals NYDIG’s intent to raise $720 million while a recent press release shows the company’s commitment to HODLing
Forex Shortages Blamed After Nigerian Currency Hits New Low Versus the US Dollar
3.10.2022
A surge in the demand for foreign exchange and the general scarcity of the resource may be the reasons why the naira currency recently slumped to a new all-time low of 735 versus the U.S. dollar, a report has said. One Nigerian currency dealer said he expects the naira to further depreciate to...
9 Out of the Top 12 Crypto Assets Are Down 70% to 90% Lower Than the All-Time Highs Recorded Last Year
2.10.2022
274 days or roughly nine months ago, the crypto economy was worth $2.34 trillion and at $967 billion the aggregate value of all 13,192 crypto assets is $1.48 trillion less. Most of the top digital currencies tapped an all-time price high in November 2021 and today, a great majority of the...
UK Regulator: Crypto Firms Undeterred by Strict Regulation — ‘They Know We Have a Good System’
2.10.2022
The Financial Conduct Authority (FCA), Britain’s top financial regulator, has revealed that many crypto firms are still seeking licenses to operate in the U.K. despite failing to meet regulatory requirements the first time. “They know we have a good system of regulation and if they...
Ethereum Merge spikes block creation with a faster average block time
2.10.2022
some of the evident improvements experienced by the blockchain post-Merge include a steep increase in daily block creation and a substantial decrease in average block time
XRP Price Forms Bullish Pattern – Time to Buy?
1.10.2022
XRP continues to trade choppy amid the SEC vs. Ripple battle, but XRP price forms a bullish pattern, which may signal an upward movement.
In the midst of Ripple's $1.3 billion lawsuit against the SEC, a court has ordered the SEC to disclose internal correspondence concerning the regulatory status...
Net Bitcoin ATMs growth drops globally for the first time ever
1.10.2022
Data on net changes of crypto ATM installations confirm that, in September, 796 crypto ATMs were pulled off from the global network
Microstrategy Is Seeking a Full-Time Lightning Network Engineer to Build a SaaS Platform
1.10.2022
The mobile software, cloud-based services, and business intelligence (BI) firm Microstrategy is seeking a full-time Lightning Network software engineer, according to a job listing published this week. The developer, if hired, will build a Lightning Network-based software as a service (SaaS)...
So what if Bitcoin price keeps falling! Here is why it’s time to start paying attention
30.9.2022
Tune out the noise and focus on the signal. 5 important BTC price indicators are in multi-year “buy zones.”
Germany’s Inflation Hits Double Digits for the First Time Since WWII, Parliament Reveals $195B Subsidies Package to ‘Make Prices Drop’
30.9.2022
Following the Covid-19 pandemic, the massive amount of stimulus, and amid the Ukraine-Russia war, Germany’s inflation has soared. Official data from Germany’s consumer price index (CPI) indicates that inflation jumped to a 10.9% annual pace in September and it’s the first time...
The Next Time You're Looking For New Switch Joy-Con, Check These Out
30.9.2022
My Nintendo Switch largely sat unplayed for the duration of the pandemic. I purchased it in the Before Times thinking it’d make for a great subway companion. But between the short battery life and it being uncomfortable to hold for long periods, I just didn’t ever want to play it much. But there...
Citadel CEO Ken Griffin Says Inflation May Have Peaked — Warns a Recession Is Coming
30.9.2022
Citadel CEO Ken Griffin says inflation may have peaked but a recession is coming. “We’re in a very uncertain time for investors,” the executive cautioned, adding that the Federal Reserve “is grappling with a level of inflation we haven’t seen in a long...
Interview With BISON app CEO Ulli Spankowski – Part 1: It’s Time to Build Crypto Product and Why Europe is Smart and Stablecoins are Strategies
29.9.2022
In the first of a two-part interview, Cryptonews spoke exclusively to Dr Ulli Spankowski, head of digital assets at Börse Stuttgart, founder of Sowa Labs and the BISON app, as well as being the CEO of the latter.
In what was a wide-ranging discussion, Ulli provided insights on developments in...
Bitcoin Mining Industry Reveals Mergers, Hashrate Increases, and New Facilities Amid Market Downturn
29.9.2022
While bitcoin is down more than 72% from the crypto asset’s all-time high, bitcoin mining operations are expanding at a rapid pace during the downturn. On Tuesday, the bitcoin miner Cleanspark said its hashrate has surpassed 4 exahash per second (EH/s), and the Texas mining company Rhodium...
This Is The First Time Anyone's Fully Seen How Pokémon Cards Are Made (And Damn Is It Satisfying)
28.9.2022
Pokémon TCG fansite PokéBeach has secured quite the find. It’s an internal video from The Pokémon Company that shows, in never-before-seen detail, exactly how a Western Pokémon card is created, from their initial design to proofing and printing. And if you love those factory shots of items getting...
Bitcoin 'great detox' could trigger a BTC price drop to $12K — Research
28.9.2022
A lack of interest below the June macro lows could spell serious problems for Bitcoin, Glassnode warns
Bitcoin Network’s Mining Difficulty Drops for the First Time in 2 Months
28.9.2022
Following four consecutive Bitcoin mining difficulty increases, the network’s difficulty dropped for the first time in 68 days, sliding 2.14% at block height 756,000 on Tuesday. The change means it’s currently 2.14% easier to find a bitcoin block reward following the mining...
Frankfurt’s Euro Sculpture Is Saved by New Sponsor CAIZ Development
28.9.2022
PRESS RELEASE. The preservation of the Euro sculpture in downtown Frankfurt, Germany, has been in danger in recent months as no sponsors were willing to provide the required financing. At the same time, the costs of maintaining the sculpture have risen considerably, mainly due to increased levels...
'Time is not on our side' to provide regulatory clarity on crypto, says US lawmaker
27.9.2022
"We’ve got to move, pick a regulator, and give the market the certainty and guardrails it deserves," said House Representative Josh Gottheimer