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New Research: Bitmain's S19 Miners Hold Majority of Bitcoin Network Hashrate
12.7.2023
Bitcoin’s energy efficiency has been a concern over the years as mining activities consumed rather massive amounts of electricity.
Part of this resulted from the machines miners use, which have a high energy consumption.
According to a new report by Coinmetrics, three Bitcoin mining rig models...
New Research: Bitmain's S19 Miners Hold Majority of Bitcoin Network Hashrate
12.7.2023
Bitcoin’s energy efficiency has been a concern over the years as mining activities consumed rather massive amounts of electricity.
Part of this resulted from the machines miners use, which have a high energy consumption.
According to a new report by Coinmetrics, three Bitcoin mining rig models...
Standard Chartered Raises Bitcoin Price Forecast — Now Expects BTC to Reach $50,000 This Year, $120,000 Next Year
11.7.2023
Banking giant Standard Chartered has updated its bitcoin price forecast. The bank’s head of crypto research now expects bitcoin to reach $50,000 this year and $120,000 the following year. “Increased miner profitability per bitcoin mined means they can sell less while maintaining cash...
India Poised to Leapfrog Major Economies, Becoming World’s Second-Largest by 2075, Goldman Sachs Report Predicts
11.7.2023
In a recent report, Goldman Sachs Research details that India is set to outpace Japan, Germany, and the U.S. to become the world’s second-largest economy by 2075. The financial institution’s researchers predict a dramatic expansion in India’s gross domestic product. Economic...
Matrixport’s Year-End 2024 Prediction: Bitcoin to Reach $125,000 as Strong Performance Fuels Bullish Sentiment
10.7.2023
While bitcoin has shown strong performance in the first half of 2023, Markus Thielen, the head of research at crypto firm Matrixport, released a prediction on July 5, 2023, stating that bitcoin (BTC) will reach $125,000 by the end of 2024. Thielen’s forecast is based on a signal indicating...
Research: There could be 24 CBDCs live by 2030
10.7.2023
93% of the central banks are already conducting research on central bank digital currencies, 68% are still not ready to launch their digital money
Report: Crypto Industry Boasts 10,000 Companies and 190,000 Professionals With a Collective Valuation of $180 Billion
9.7.2023
A recent report released by K33 Research three days ago reveals that as of July 2023, the cryptocurrency industry boasts approximately 10,000 companies, employing an estimated 190,000 crypto professionals. Notably, K33 provides a comprehensive snapshot of the crypto landscape, highlighting that...
BlackRock ETF stirs US Bitcoin buying as research says 'get off zero'
9.7.2023
Bitcoin is a must-own as the world's only truly scarce asset, analysis argues, as U.S. BTC accumulation takes a leg up
Report: Zimbabwe Central Bank Begins Gold-Backed Digital Currency ‘Dry Run’
8.7.2023
According to a report, the Reserve Bank of Zimbabwe has commenced trials, or the “dry run” test, for the viability of launching a gold-backed digital currency. Nelson Mupunga, the director of economic research at the central bank, reportedly said the digital currency will act as...
ZachXBT's research cited in Canadian NFT rug pull class action lawsuit
8.7.2023
According to court documents, the Boneheads team has been accused of breach of contract, misappropriating funds and misleading investors
How the spot Bitcoin ETF filings affected the crypto industry in June: Report
7.7.2023
The competition among zk-Rollup-based scaling solutions is tightening while the security tokens market continues steadily
IMF Working Paper Urges Tax System Overhaul to Tackle Crypto’s Tax Collection Challenges
7.7.2023
A research paper published by the International Monetary Fund (IMF) warns that tax collection is significantly more challenging with cryptocurrency assets, and current tax systems are not designed to handle them. The IMF’s working paper emphasizes that certain crypto assets may not persist...
Bitcoin Price Prediction as K33 Research Analyst Says 'Multiple Positive Catalysts Ahead' – Can BTC Reach $100,000 This Year?
7.7.2023
Bitcoin's current trading pattern has been characterized by choppiness, as it maintains a narrow trading range between $29,000 and $31,350.
As the crypto market continues to capture the attention of investors and enthusiasts, the question on everyone's mind is: Can Bitcoin reach $100,000 this...
Current CBDC Models Aren't Viable for Everyday Transactions: Copper's Research Head
5.7.2023
In an interview with The Block, Fadi Aboualfa, the head of research at crypto brokerage Copper, expressed that the existing Central Bank Digital Currency (CBDC) models are "not a viable cash equivalent that people could use in daily transactions."
Aboualfa raised doubts about CBDCs despite...
Exploring crypto in virtual games: Research on Bitcoin and gaming
5.7.2023
Virtual games are gaining recognition as the most engaging options available to enthusiasts. People choose games to keep their minds occupied, often to contend with someone from an entirely different location. Internet-based virtual gaming has indeed made this feasible by bridging geographical...
Researchers demonstrate ‘unconditionally secure’ quantum digital payments
4.7.2023
The research represents a possible breakthrough in quantum communications and, potentially, the onset of the era of quantum fintech
Winklevoss slams DCG's Silbert — Not even SBF was 'capable of such delusion'
4.7.2023
In an open letter, Cameron Winklevoss slammed DCG's Barry Silbert for allegedly playing the victim card while owing $1.2 billion to Gemini’s 232,000 Earn customers
U.S. Investors Are Driving Bitcoin’s Price Surge as Institutional Demand Rises
29.6.2023
BTC price gains and trading activity have mostly concentrated during U.S. market hours, according to K33 Research
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
AX1 Syndicate Research on Global Regulatory Dynamics for Crypto
27.6.2023
PRESS RELEASE. The AX1 syndicate has conducted an in-depth review of the latest legal developments in the cryptocurrency space, with particular attention to the regulations, exchanges, and tax implications for both the European Union and the United States. This review aims to illuminate...