The Canadian province of British Columbia is taking steps to regulate electricity usage by crypto miners, citing concerns over their unchecked growth and its impact on energy resources. Josie Osborne, Minister of Energy, Mines, and Low Carbon Innovation, announced plans on Thursday to address the high energy consumption associated with crypto mining activities in the region. The province aims to…
No, the infamous crypto influencer hasn’t turned into a Game Boy. Instead, the Bitcoin project Ordz Games is getting ready to release its first gaming device that promises a lot of functionality. Crypto games, classic emulated games, hardware wallets, and mining tokens are all promised with this device—most of which aren’t available on the original Game Boy. At an expected…
A recent report indicates that spot bitcoin exchange-traded funds (ETFs) are poised to receive approval from Hong Kong regulators as early as this Monday, as stated by “people familiar with the matter.” Harvest, Hashkey and Bosera ETFs Likely to Debut in Hong Kong Next Week Following the approval of 11 spot bitcoin ETFs in the […] Source: https://news.bitcoin.com/sources-say-hong-kong-set-to-approve-first-spot-bitcoin-etfs-as-early-as-monday/
In March, just as Bitcoin reached an all-time high price, the NFT market lagged behind. Monthly sales volumes for NFTs totaled approximately $1.4 billion, a steep drop from a high of about $6 billion in January 2022, according to data from CryptoSlam. Yat Siu, chairman of Animoca Brands, one the biggest investors in Web3 startups, isn’t worried. In an interview…
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Welcome to Decrypt’s Week in Polkadot, our new regular round-up of the latest developments in the Polkadot ecosystem. It’s been a busy week for Polkadot, as…
We Do A Little with Weesh In this week’s episode, we did a little something different. We took the man who is usually behind the camera and put him in front of it. We sat down with our producer Weesh to dive into how in fell in love with art and became a collector, how he met Andy and fun…
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports In response to the escalating congestion issues plaguing the Solana network, the Anza team—which spun out of Solana Labs ealier this year—has released proposed fixes in…
The publicly traded bitcoin mining company Cleanspark has exercised its option to acquire 100,000 bitcoin mining machines from Bitmain. The firm initially secured the option last year, and the agreement has now been enhanced to include the latest S21 Pro model from Bitmain, which offers 15 joules per terahash (J/T). Bitmain and Cleanspark Seal Deal […] Source: https://news.bitcoin.com/cleanspark-to-upgrade-mining-fleet-with-100000-s21-pro-bitcoin-miners-from-bitmain/
This week, the crypto community on social media has once again been buzzing about a bitcoin wallet called ‘Mr 100’ following a significant deposit of 100 bitcoin on April 10, 2024. Despite numerous assertions that the wallet is associated with the South Korean cryptocurrency exchange Upbit, a faction continues to believe that it is owned […] Source: https://news.bitcoin.com/while-some-think-bitcoins-12th-largest-wallet-hides-a-nation-state-onchain-data-shows-an-exchange/
As of April 12, 2024, bitcoin’s price exhibits resilience, trading at $70,748, with oscillators showing mixed signals while moving averages firmly suggest a bullish trend heading into the weekend. Bitcoin The relative strength index (RSI) on the daily scale sits at a neutral 56, indicating neither overbought nor oversold conditions, suggesting that BTC has room […] Source: https://news.bitcoin.com/bitcoin-technical-analysis-btc-traders-on-edge-as-mixed-signals-keep-market-guessing/
