The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Lack Of Volatility One of the concerning dynamics in the market right now that we want to focus on is the…
Month: October 2022
Bitcoin’s Hashrate Remains Stronger Than Ever in the Face of Crypto Winter Prices and Sky High Difficulty – Mining Bitcoin News
Despite the fact that bitcoin miners are getting bare minimums in profits per petahash per second (PH/s), and the myriad of headlines showing specific mining operations folding from the crypto winter, the network’s total hashrate continues to chug along at close to 300 exahash per second (EH/s). With lower bitcoin prices and the mining difficulty at an all-time high, the…
Powering African Youth With Bitcoin – Bitcoin Magazine
This is an opinion editorial by Alexandria, a citizen of Zimbabwe and a second year business administration student at Liaoning Shuhua University in China. Our mission is to become the biggest Bitcoin community in Africa, using Bitcoin to guarantee the human rights to life, liberty and property. We aim to establish a self-sustaining Bitcoin community that can generate revenue while…
Fidelity’s Crypto Platform Prepares to Start Offering Ethereum Trading Next Week – Exchanges Bitcoin News
Fidelity Digital Assets, a subsidiary of Fidelity Investments, has informed customers that it will start offering ethereum trading and custody services on Oct. 28. “Investors will be able to buy, sell, and transfer ether, accessing the same operational excellence, robust security, and dedicated client service model provided for bitcoin investments today,” the firm said. Institutional Ethereum Capabilities Coming to Fidelity…
Relictum Pro Thrives in Bear Market with Its Token Price Surging 4 Times – Press release Bitcoin News
press release PRESS RELEASE. After being listed on LBank Exchange on September 29, 2022, Genesis Token (GTN), the native token of Relictum Pro, has been witnessed by investors with an impressive 4 times price surging, indicating the great potential of the project has been further recognized by global crypto community. The global expansion of Relictum Pro continues with its recent…
State Regulators Charge NFT Casino Project With Securities Violations
Regulators in four states have banded together to accuse a metaverse casino of selling NFTs that violated securities laws. On Thursday, state securities regulators from Texas, New Jersey, Kentucky, and Alabama filed emergency cease-and-desist orders against Slotie NFT, a Tbilisi, Georgia-based virtual gambling entity that markets itself as “the largest and fastest growing online casino network on the blockchain.” Slotie,…
Hacker Steals $300K From Olympus DAO, Then Returns It All the Same Day
OlympusDAO is the latest target of a crypto cyberattack, as a thief made off with 30,000 OHM tokens—worth about $300,000—early this morning. But the attacker either had a change of heart or was a white hat hacker all along, as they sent back the funds to the DAO hours later. Community members were first alerted to the exploit early Friday…
Fyre Festival’s Island Is Being Turned Into an Enclave for Crypto Millionaires
Back in 2017, the Fyre Festival failure—run by convicted felon Billy McFarland—was such a drama that it was turned into a Netflix documentary. Now, a new company wants to put that Bahamas island back on the map with NFT-gated luxury villas. A company called AGIA International claims it will sell “60 ultra-luxurious pavilions and villas” on the Great Exuma Island…
Bitcoin Mining Revenue in Russia Grew 18 Times in 4 Years Before ‘Worst Quarter’ – Mining Bitcoin News
Russian revenues from the minting of bitcoin saw a multifold increase in the past few years before declining significantly since this past spring. The findings come from a new study which also established that the sector was growing during both ups and downs in the crypto market. $1.4 Billion in Turnover Expected From Russia’s Bitcoin Mining This Year as Business…
3 reasons why DeFi investors should always look before leaping
Welcome readers, and thanks for subscribing! The Altcoin Roundup newsletter is now authored by Cointelegraph’s resident newsletter writer Big Smokey. In the next few weeks, this newsletter will be renamed Crypto Market Musings, a weekly newsletter that provides ahead-of-the-curve analysis and tracks emerging trends in the crypto market. The publication date of the newsletter will remain the same, and the…