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Gas-to-Bitcoin Firm Crusoe Energy Sues Rival Alkane Midstream Over Patent Infringement
27.8.2022
The Denver-based gas-to-bitcoin infrastructure company Crusoe Energy is suing the rival firm Alkane Midstream LLC over alleged patent infringement and poaching customers in Colorado. Crusoe’s lawsuit claims since November 2019, “Alkane was actively monitoring Crusoe and...
Open World Sonic Frontiers Release Date Leaks, New Footage Actually Goes Fast
23.8.2022
Early tastes of Sonic Frontiers indicated an open-world action game that was far off from a publishable state. But if a seemingly unintentional reveal from Sega is to be believed, it’s due out imminently: November 8, 2022, smack in the middle of the busiest release cadence on the horizon.Read more
The Blockchain Week Will Be Held in Moscow on November 28-30
23.8.2022
Blockchain Week is a conference and an exhibition space that aims to bring together more than 1500 investors, traders, miners, and developers. The central topic of the three-day intensive will be the regulation of the circulation of cryptocurrencies and mining in Russia in the new conditions....
Russian Accused of Laundering Cryptocurrency From Ransomware Attacks Extradited to US
18.8.2022
A Russian national suspected of laundering ransomware payments in cryptocurrency on behalf of cybercriminals targeting hospitals has been extradited to the U.S. by the Netherlands. The man was allegedly involved in the criminal activity for a period of three years before his arrest in Amsterdam...
10th Global Blockchain Congress by Agora Group on November 23rd & 24th in Dubai, the UAE
9.8.2022
The 10th edition of the world-renowned flagship Global Blockchain Congress by Agora Group is on November 23rd and 24th, 2022, in Dubai, the UAE. This edition’s main themes are Digital Assets’ Regulations in the GCC, Web3 Platforms, Metaverse, Gaming, & NFTs. With a great lineup of speakers...
The Number of Euro-Pegged Stablecoins Has Swelled 1,683% Since 2020
1.8.2022
While the stablecoin economy is worth roughly $153 billion today, euro-backed stablecoin issuance has increased 1,683% from $31.9 million worth of euro-based tokens on January 3, 2020, to today’s $569 million. Since November 2021, the number of euro stablecoins swelled by 85.34%, but from...
Bitcoin ETFs and Open Interest From BTC Futures, Options Follow Crypto Economy’s Spot Market Decline
15.7.2022
Roughly 247 days ago, the total bitcoin futures open interest across 12 different cryptocurrency derivatives trading platforms was $26.73 billion and over the last eight months, bitcoin futures open interest has dropped 60% down to $10.69 billion. Further, the bitcoin exchange-traded funds BITO...
70 to 90% Down — Crypto Economy’s Decline Shakes Out $2 Trillion in 8 Months
10.7.2022
During the past eight months, crypto assets have shed enormous value against fiat currencies like the U.S. dollar. Bitcoin has shed 69% since the leading crypto asset’s all-time high on November 10, 2021, when the digital currency’s value tapped $69K per unit. The crypto economy...
Satoshi Nakamoto Dropped From the World’s 20th Richest Billionaire to the 79th in 8 Months
7.7.2022
In mid-November 2021, Bitcoin’s inventor Satoshi Nakamoto was one of the wealthiest individuals on the planet, with more than $69 billion in bitcoin, and was among the top 20 on the Forbes 2021 Billionaires list. Seven months have passed since then, and Bitcoin’s unknown creator...
Bank of America’s Active Crypto Users Drop More Than 50% in Bear Market
7.7.2022
Bank of America has revealed that the number of its customers who are active crypto users has declined more than 50% from its peak in November last year. In addition, the bank said its data “shows that outflows to crypto platforms have fallen sharply,” indicating that...
Ethereum Transfer Costs Continue to Slide — Network Fees Tap a 19-Month Low
3.7.2022
On Saturday, Ethereum transaction fees tapped a low not seen since November 2020 as the average network fee dropped to 0.0016 ether or $1.67 per transfer. Average fees on Saturday have been as low as 32 gwei or $0.69 per transfer as Ethereum gas fees have been steadily dropping since May 11, 2022....
BTC’s Lower Price Shrinks Bitcoin Mining Profits, Hashrate Remains Unaffected
2.7.2022
While bitcoin’s fiat value has dropped more than 70% below the all-time high recorded in November 2021, the price reduction has made it so miners are making fewer profits depending on the devices they operate. Despite miner profits sliding, Bitcoin’s hashrate has remained high...
After Nearly A Decade Of Development, Ubisoft's Pirate Game Likely Out November
29.6.2022
Thanks to some internet sleuthing, it seems the release date for Ubisoft’s upcoming pirate game, Skull And Bones, has leaked online. According to data found on the Xbox store, the game is set to release this November, which lines up with information Kotaku has heard about the game’s rocky...
Glassnode Report Says Bitcoin’s 2022 Price Drop Represents a Bear Market of ‘Historic Proportions’
28.6.2022
The crypto economy has slipped under the $1 trillion mark to the $970 billion range, as a large number of digital currencies have lost more than half their USD worth since November 2021. Bitcoin is down 70% from the all-time high last year, and a new report from Glassnode Insights calls the current...
Goldman Sachs Downgrades Coinbase to Sell Rating — Analyst Says Firm Needs to Make Cost Base Reductions
28.6.2022
Analysts from the multinational investment bank and financial services company Goldman Sachs Group Inc. have downgraded Coinbase Global Inc. in a note to investors on Monday. Today, Coinbase shares are down 83.68% from the stock’s all-time high (ATH) in November 2021. Goldman analyst William...
How Pionex’s Trading Bots Can Help Manage Risk
27.6.2022
Last month was a crypto rollercoaster. Bill Gates said crypto is based on greater fool theory. The market has lost more than $1 trillion dollars since November, and there are still signs of further damage, including Celsius’ pause on withdrawals. The wild west of finance is clearly...
Ethereum price enters 'oversold' zone for the first time since November 2018
12.6.2022
Ether's price rebounded by nearly 400% after its RSI turned oversold the last time. Will this time be different?
Report: God Of War Ragnarök Planned For November
10.6.2022
This is not a drill, boy: God of War Ragnarök is planned for a November release, Bloomberg reports.Read more
Bitcoin Sees 50% Value Drop Since Its Peak in November
9.5.2022
The financial market continues its struggle as the largest crypto in the world touches the 34,000 dollar mark. Bitcoin has fallen over 50% in market value after reaching its peak in November 2021. Its recent dip came after the stock markets faced a severe fall in recent days. The week started with...
Recent Bitcoin Bull Run and Prior Run-up Data Suggests a Softer Bear Market Is in the Cards
4.5.2022
It’s been six months or roughly 180 days since bitcoin reached an all-time high at $69K per unit on November 10, 2021, and bitcoin’s USD value is down 45% from that point. Typically after bitcoin’s price tops, the bear market that follows leads to a large 80% or more decline...