Bloomberg’s new and optimistic research note on Bitcoin mining’s green energy mix is missing a key detail, according to an industry expert. In his note, Bloomberg Intelligence analyst Jamie Coutts argued that the power used by the industry is now more than 50% green. He cited data showing Bitcoin’s declining carbon emissions since 2021 versus its rising hash rate, a…
The United States may soon have a Bitcoin-only trust company, according to plans disclosed by BitGo and Swan Bitcoin on Sep. 15. The joint venture is pending regulatory approval, the companies said in a statement. The forthcoming entity will handle similar activities of a trust company, including Bitcoin custody, administration and management on behalf of its beneficiaries. According to Cory…
Bitcoin (BTC) has been stuck inside a large range since April, indicating indecision about the next directional move. Efforts by the bears to sink the price below the support of the range were thwarted by the bulls on Sep. 11. However, Bitcoin is not out of the woods yet. Jamie Coutts, a chartered market technician and crypto market analyst at…
BTC price all-time highs await Bitcoin hodlers before April 2024, says BitQuant — but what happens after will be even bigger. Source: https://cointelegraph.com/public/index.php/news/bitcoin-price-prediction-all-time-high-precede-2024-halving
Bitcoin (BTC) has a $250,000 target for after its next block subsidy halving — but new all-time highs will come sooner. That is the latest BTC price prediction from BitQuant, the popular social media commentator who sees a rosy future for the largest cryptocurrency. BitQuant: Pre-halving all-time high will not be BTC price top In his latest post on X…
Crypto mining firm Core Scientific has announced an agreement with lending company Celsius Network to settle a legal battle which had been ongoing for months. In a Sept. 15 announcement, Core Scientific said it had agreed to sell a Bitcoin (BTC) mining data center to Celsius in exchange for $14 million in cash to settle “all existing litigation”. The value…
Bernard Arnault, CEO of luxury super-conglomerate LVMH and the second-richest man on Earth, has a choice to make. According to a profile published Thursday by The New York Times, the 74-year-old corporate titan—who controls 75 top luxury brands including Louis Vuitton, Dior, Dom Pérignon, TAG Heuer, and Tiffany & Co.—is currently evaluating which of his five children he might select…
Venture capital inflows decreased 42.7% as derivatives saw one of the largest liquidation events in crypto. Source: https://cointelegraph.com/app/public/index.php/news/crypto-liquidation-cascade-market-shock-report
beginner There are two ways of explaining NFTs. The first one’s short and dumb, and the second is actually viable. Let’s start with the silly option: NFT is a non-fungible token. This is a brilliant and common explanation that clears out exactly nothing. Of course, knowing what “NFT” stands for is not enough to understand it. Therefore, we need to…
In 2018, the messaging platform Telegram released a white paper for a layer-1 blockchain it called the Telegram Open Network. The project’s currency, called ‘Gram’, was designed to pay transaction fees, settle payments and validate transactions on the network. The launch hit the headlines. It broke records in 2018 after raising an eye-watering $1.7 billion in a token sale. It…
