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Bernstein Report: Top Crypto Miners Set to Benefit Most as Capacity Surges
4.8.2023
Wealth management company, Berstein has said that digital asset mining firms with high capacity and a low production cost will become the biggest gainers in the wake of recent trends.
According to the report released on Aug 3, the top 4 largest miners who have invested heavily in equipment...
Bitcoin, Ethereum Technical Analysis: BTC Consolidates Around $29,000 Ahead of Nonfarm Payrolls
4.8.2023
Bitcoin is trading near a support point of $29,000, ahead of today’s U.S. nonfarm payrolls (NFP) report. It is expected that 200,000 jobs were added to the economy last month, down from 209,000 in June. Ethereum was marginally lower on Friday. Bitcoin Bitcoin (BTC) consolidated around...
Report: Google accused of illegally terminating contract staffers who worked on AI
4.8.2023
The Alphabet Workers Union filed a report to the U.S. National Labor Relations Board accusing Google of violating labor law that prohibits retaliation against organizing
Canadian crypto ownership declined amid tight regulations, falling prices
4.8.2023
The biggest motivation for Canadians interested in Bitcoin is an investment — as showcased by the choice of over one-third of the 4,996 respondents in the Bank of Canada's 2022 survey
Nearly half of crypto copy traders are Gen Z, says Bitget report
4.8.2023
Younger investors are more likely to take part in copy trading or social trading and take advice from social media influencers, according to the crypto exchange
Social Media Bots Played Crucial Role in Inflating Value of FTX-Listed Crypto Assets, Report Finds
4.8.2023
New analysis from the Network Contagion Research Institute (NCRI) reveals that bots on the social media platform X (formerly Twitter) likely played a major role in amplifying the value of cryptocurrencies tied to the now-defunct FTX exchange and its sister firm Alameda Research. Social Media Bots...
Coinbase Q2 earnings beat estimates amid Blackrock custody deal, institutional focus
3.8.2023
The company beat estimates while non-trading revenue beat trading revenue
Individual charged with money laundering admits to hacking Bitfinex in 2016: Report
3.8.2023
The identity of the hacker or hackers behind an exploit which removed more than 100,000 Bitcoin from Bitfinex in 2016 had only been the subject of speculation until Aug. 3
July Was a Terrible, No Good, Very Bad Month For NFTs, DappRadar Report Shows
3.8.2023
NFT trading volume declined 29% and the number of sales dropped 23% from June, while Yuga Labs collections’ dominance slipped
How liquid staking can potentially harm the Ethereum ecosystem: HashKey report
3.8.2023
HashKey Capital highlighted risks such as reduced competition, increased risk of censorship, decreased security and collusion by big players
First Mover Americas: Justice Department May Charge Binance With Fraud: Report
3.8.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Binance Users in China Traded $90 Billion of Crypto Assets in a Month, Report
3.8.2023
Traders in China have reportedly exchanged $90 billion worth of cryptocurrencies on Binance despite a ban on their trading in the country. According to a report quoting internal figures and sources, the volume made the People’s Republic Binance’s biggest market. Binance Processed Monthly Crypto...
Alameda-Linked Coins Pumped by Twitter Bots After FTX Listing, Report Shows
3.8.2023
At times, Twitter bots accounted for roughly half of all "chatter" on the platform for six FTX-listed altcoins
WorldCoin to Open its ID System for Government and Private Companies: Report
3.8.2023
Sam Altman co-founded tech firm WorldCoin is extending its reach by enabling governments and private businesses to leverage its controversial iris-scanning and identity-verification technology, Reuters reported.
WorldCoin continues to attract regulatory scrutiny for its tech that is being used...
Bitcoin Price Prediction: BTC Faces Choppiness Ahead of Friday's NFP Report
3.8.2023
On August 3rd, Bitcoin extended its previous daily losses, experiencing a decline of nearly 1.75% and reaching a price of $29,084.
Despite a positive spot ETF approval prediction by a Bloomberg analyst, Bitcoin has been facing downward pressure in recent sessions, largely influenced by...
KPMG Study Highlights Bitcoin Mining’s Potential to Shrink Carbon Footprints
3.8.2023
In a fresh analysis focusing on Bitcoin and its alignment with environmental, social, and governance (ESG) principles, the ‘Big Four’ accounting titan KPMG delves into the digital currency’s promising contributions to this movement. The professional services entity highlights...
KPMG touts ESG benefits from Bitcoin, counters misperceptions in new report
3.8.2023
The report compares Bitcoin energy usage to that of clothes dryers (equal) and its emissions to those of manure (much less) in a slight but readable document
Report: More crypto whales rapidly accumulating XRP & QUBE – Here’s why!
2.8.2023
Time for you to discover the dynamic duo shaping the crypto world: InQubeta and XRP. We’ll be looking into InQubeta’s unique crypto crowdfunding platform with $QUBE tokens, empowering AI startup investments and unraveling the XRP phenomenon, which has been reshaping cross-border transactions...
US DoJ is concerned about a run on Binance should prosecutors bring fraud charges: Report
2.8.2023
Officials reportedly speculated an indictment against Binance in the U.S. could cause a run on the exchange similar to what happened with crypto exchange FTX in November 2022
Worldcoin to allow government and businesses to use ID system: Report
2.8.2023
New reports reveal that Worldcoin plans to expand its operations to sign up more users by allowing organizations and governments to access its technology