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Bitcoin Miners’ Daily Profits Top $44 Million, Reaches Highest Point Since April 2022
13.11.2023
Source: AdobeStock / Photocreo Bednarek The cryptocurrency market has recorded soaring prices in recent weeks sparking wins spanning across miners’ profits, decentralized finance (DeFi) numbers, and larger investor appetite. Global Bitcoin (BTC) miners have seen mining profits soar to new highs...
Moody’s Downgrades US Credit Rating to ‘Negative’ on Fiscal Deficits and Debt Concerns
11.11.2023
The credit agency Moody’s has revised the United States credit outlook to “negative” from “stable” due to concerns over persistent large fiscal deficits and diminishing debt affordability. The announcement follows a previous downgrade by Fitch and reflects ongoing...
Today in Crypto: Mining BTC For Free, Bitdeer is Preferred CSP in NVIDIA Partner Network, Gucci in The Sandbox
10.11.2023
Source: AdobeStock / Tim Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Mining news A public mining company mined bitcoin for free in Q3, according to the latest Miner Weekly report...
Dr. Doom Embraces What He Once Scorned: Nouriel Roubini’s Firm Rolls Out Crypto Amidst Criticism
9.11.2023
Critics are currently roasting economist Nouriel Roubini, whose disdain for cryptocurrency is well-documented, as his company Atlas Capital announces its venture into the very market he once scorned. The firm is rolling out a crypto asset token crafted to combat the “negative effects...
Despite Negative Reviews, Five Nights At Freddy’s Film Killing At The Box Office
30.10.2023
After just one weekend in theaters, Five Nights At Freddy’s is already breaking records and racking up an impressive $130 million at the global box office since releasing on October 27 to less-than-stellar reviews. Read more
Spider-Man 2 Devs On Friendship, Venom, And PS5 Performance
27.10.2023
Marvel’s Spider-Man 2 released October 20 with fanfare worthy of the vibrant New York City where it’s set, becoming the fastest-selling PlayStation exclusive and igniting pertinent conversations about its protagonists’ asses. Below the surface, the direct sequel to developer Insomniac Games’ 2018...
Everything That Happened In Spider-Man, Its DLC, And Miles Morales
18.10.2023
Marvel’s Spider-Man 2 is almost here (or already out if you’re reading this after October 20) and you might want a refresher on the first game, from way back in 2018, before swinging back in and seeing what’s next for everyone’s favorite webhead. Read more
Analysts Believe JPEX Scandal Will Have Significant Negative Impact on Retail Sentiment
25.9.2023
The JPEX scandal, regarded as potentially the largest financial fraud in Hong Kong's history, has not only harmed thousands of victims but has dealt a significant blow to retail trust in cryptocurrencies in the jurisdiction.
Analysts and industry experts have voiced concern that the fallout from...
Client Demand and ‘Negative Events’ Pushing Tradfi Institutions Towards Crypto — Bitrue Chief Strategy Officer
23.9.2023
Growing client demand for cryptocurrencies and the belief that they represent a new asset class help to explain traditional financial institutions’ newfound interest in digital assets, the chief strategy officer at Bitrue has said. The collapse of FTX and Terra Luna in 2022 and the resulting...
Bitcoin Price-Volatility Correlation Turns Negative Again as Crypto Traders Eye FTX Liquidations
12.9.2023
The shift from positive correlation comes amid concerns the looming $3 billion FTX liquidations will crater the crypto market
Binance Boss Counters ‘FUD’ Amidst Legal Challenges, Touts Company’s Resilience and Low Turnover
8.9.2023
Binance has faced a series of negative news reports in recent weeks. However, the cryptocurrency exchange’s leader, Changpeng Zhao, known as CZ, used social media to assure the community that the reports were just fear, uncertainty, and doubt (FUD). Despite the departure of some...
S&P Downgrades 5 Regional US Banks Amid Challenging Banking Environment
24.8.2023
On Monday, S&P Global Ratings slashed ratings for five U.S. regional banks, pointing to the strenuous operating atmosphere plaguing the sector since the year’s outset. The impacted banks include Associated Banc Corp., Comerica Inc., KeyCorp, UMB Financial Corp., and Valley National...
Blizzard Responds To Overwatch 2 Review Bombing
18.8.2023
On Friday, Overwatch 2 director Aaron Keller responded to the hero shooter’s Steam review bombing which led to the game becoming one of the most “overwhelmingly negatively” reviewed games on the storefront. Read more
Final Fantasy XVI Devs Are So Over The Trolls
26.7.2023
Final Fantasy XVI is the latest game to spark an intense discourse, from debates around difficulty to whether it’s even a true Final Fantasy game. And producer Naoki Yoshida has grown absolutely tired of the negativity.Read more
MicroStrategy's Bitcoin Purchases Tend to Be Short-Term Negative for Prices, Research Shows
28.6.2023
Past data shows bitcoin tends to drop 2% on the day MSTR announces new purchases
Nansen Report: Arbitrum Airdrop Had Positive Impact on Adoption of Network Amid Negative Crypto Market Conditions
14.6.2023
According to a new report by blockchain analytics firm Nansen, the airdrop conducted by Arbitrum has led to an all-time high in both the number of users and transactions on the network.
This development comes despite significant bearish sentiment in the broader markets.And while the surge...
Fitch Maintains Negative Watch on US Rating Despite Debt Limit Resolution
4.6.2023
Although the U.S. has averted defaulting on its debt obligations, Fitch Ratings still has concerns about the country’s ability to repay its debt. As a result, the credit rating agency has placed the U.S. “AAA” rating on negative watch, emphasizing that recent events have lowered...
Bitget Restricts Use of AI Tools Following Troubling Results and Negative User Experiences
23.5.2023
Crypto derivatives exchange Bitget has decided to limit how much it uses artificial intelligence (AI) tools like ChatGPT due to the potential for misinformation.
According to the exchange, problematic results, including false information about crypto-related topics, have come from the use...
Funding Rates in the $500M Market Cap PEPE Token Remain Negative
4.5.2023
Negative funding rates indicate dominance of bearish positions in the perpetual futures market
White House Pushes DAME Tax Proposal to Address Alleged Environmental Costs of Crypto Mining
3.5.2023
On May 2, 2023, the Biden administration unveiled a blog post outlining the Digital Asset Mining Energy (DAME) tax, featured in the president’s comprehensive 182-page budget proposal for the fiscal year 2024. The DAME tax targets “making crypto miners pay for the costs they impose...