In brief According to SEC disclosures, the NFL spent money on blockchain-related lobbying efforts in 2021. The NFL has been slower than some other leagues to partner with cryptocurrency companies. Last October, NFL officials reportedly told CNBC that the league was looking into cryptocurrency deals. Those explorations were weighty enough to make their way to the U.S. Securities and Exchange…
Merkle Standard partners with Bitmain to build a 500 MW data center.Once fully operational, the collaboration could house over 150,000 bitcoin mining rigs.The facility’s mining equipment will be supplied exclusively by Bitmain. Bitcoin miner Merkle Standard has teamed up with leading ASIC manufacturer Bitmain to develop up to 500 megawatts (MW) of clean bitcoin mining infrastructure, according to a press…
Analysts and pundits will scramble to find some angle to explain intra-day price action whenever important economic numbers are published and this practice is commonplace in the crypto sector. When the United States Bureau of Labor Statistics reported a 7.5% increase in the consumer price index (CPI) on Feb. 10, traders rushed to find some connection to the crypto price…
In brief FTX US is currently a platform for crypto spot trading. Within the coming months, it may also feature derivatives and equities trading. Just when the general public was starting to realize that FTX is a cryptocurrency exchange, the company is changing things up. FTX US today opened its waitlist for stock trading. Those who sign up will be…
Bitcoin (BTC) is attempting to bottom out and whales seem to be helping it do that. Coin Metrics data shows that whale addresses holding at least 1,000 Bitcoin have been accumulating in the past few days. The total supply of these addresses rose from 7.95 million Bitcoin on Jan. 24 to 8.096 million on Feb. 10. Another sign that investor…
On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra…
Yet another statement by a top Indian official suggests that regulatory uncertainty around the status of digital assets in the country will persist in the near term. Responding to the general discussion of the 2022-23 Union Budget at Rajya Sabha, the upper chamber of India’s bicameral parliament, finance minister Nirmala Sitharaman stated that she was not going to “legalize or…
BitMEX has added support to Taproot, Bitcoin’s latest upgrade.As Taproot adoption increases, users will benefit from increased privacy, reduced transaction fees, and more flexible smart contracts.Taproot was activated on the Bitcoin protocol on November 14, 2021 at block 709,632. Cryptocurrency trading platform BitMEX added support to Taproot addresses, the company said in a statement Friday. “As of today, BitMEX supports…
On Friday, Raja M. Koduri, senior VP of accelerated computing systems and graphics group at Intel, declared their intent to contribute to the development of blockchain technologies. This begins with introducing energy-efficient crypto mining accelerators to be released this year. Previously, Intel had announced it would unveil the next generation of Application-Specific Integrated Circuit mining machines at the next International…
IOTX was Friday’s big gainer, as crypto markets were lower across the board to end the week. Overall, the global cryptocurrency market cap is down close to 4% in today’s session. Biggest gainers Following a strong start to the week, which saw the likes of shiba inu (SHIB), and leo token (LEO) both rally by over 50%, cryptocurrency prices fell…
