News
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Bitcoin falls through $1.8 trillion Bitcoin’s social experiment with fiat currency went bust a long time ago
The social experiment of Bitcoin is dead, and Satoshi Nakamoto’s ideals are long dead. Ten years down the line, Bitcoin has left the world with three things. One, the idea of a cryptographic algorithm. Two, a tool for distributed computing. Three, a mass murder weapon for financial speculat...Read more -
ETH miners turn to ETC mining, can ETC carry it?
Following Ethernet founder Vitalik Buterin’s encouragement for PoW-supporting miners to move to Ether Classic (ETC), the founder of DCG (Digital Currency Group) has made a similar call. On 6 August, Digital Currency Group founder and CEO Barry Silbert tweeted, “We fully support ETH Po...Read more -
Total Bitcoin Mining Revenue Nearly $600 Million in July, Down 10 Percent from the Year Before
According to The Block Research, total bitcoin mining revenue in July was $597 million, down 10 percent from nearly $668 million in June, of which only 2.07 percent was in transaction fees. total ethereum mining revenue in July was $620 million, up nearly 13 percent from a year earlier.Read more -
Bitcoin’s market cap share drops to lowest point in nearly six months
According to CoinMarketCap, bitcoin’s market cap share has continued to fall since mid-June and has now fallen to near 40.35%, its lowest point in nearly six months. This follows a low of 40.79% on April 23. Golden Finance reported yesterday that ETH market cap share was at 19.2%, an increa...Read more -
Watcher.Guru: There are still 1,885,100 bitcoins to be mined
According to a tweet from Watcher.Guru, there are still 1,885,100 bitcoins to be mined.Read more -
Why European cryptocurrency regulation worries U.S. officials
Cryptocurrency risk advisor and European policy expert Patrick Hansen has made predictions on the timeline for two landmark EU cryptocurrency bills. Hansen revealed that two landmark cryptocurrency bills, Markets in Crypto-assets (MiCA) and Transfer of Funds Regulation (TFR), will be passed betwe...Read more -
The major impact of the Ether merger that is easily overlooked Is the good out of the bad?
On 26 July, Ether completed its tenth shadow fork, following which the Ether protocol support team issued an announcement of the Goerli/Prater merger, clarifying that the next step in the process was a two-step process, expected to take place between 4 August and 6-12 August 2022 UTC respectively...Read more -
An analysis of the value and probability of success of the ethereum fork Token
After several delays, it appears that the Ether merger will finally begin in September 2022. Tim Beiko, a core Ether developer, suggested Monday 19 September 2022 as a possible date for the merger during a developer conference call on 14 July 2022. The first major part of the merger would be to s...Read more -
Tether (USDT) liquid supply resumes growth after three months of decline Currently stands at $66.3 billion
On August 3, the circulating supply of TETHer (USDT) began to increase after nearly three months of decline, a possible sign that the crypto market is slowly recovering, according to Cointelegraph. According to CoinMarkETCap data, the first mint in nearly three months occurred last Friday, follow...Read more -
First time in history! ETH options open interest exceeds bitcoin
On August 2, for the first time ever, the number of open positions in ethereum options surpassed the number of open positions in bitcoin options. According to Glassnode, the total value of open Ether options on Deribit, the mainstream crypto derivatives exchange, is now $5.6 billion, surpassing t...Read more -
Cryptocurrency has spent billions of dollars to implement KYC and anti-money laundering policies
August 1 – Three key members of the Coinan compliance team have opened up about how they are tackling criminal money laundering, terrorist financing and negative press through the exchange, saying that Coinan has spent billions of dollars on KYC and anti-money laundering (AML) policies to d...Read more -
US cryptocurrency platform goes bust as many investors speak of remorse
July 31 (Reuters) – After the US cryptocurrency lending platform Selsius Networks filed for bankruptcy in mid-July, the judge hearing the case received hundreds of letters from users complaining that they had been hoodwinked by the venture and suffered significant property losses. Accor...Read more
