Month: October 2024

PRESS RELEASE. Geneva, Switzerland, October 22, 2024 – Messari, a leading provider of digital asset market intelligence products, released a research report highlighting TRON’s Q3 performance. The report details seven consecutive quarters of increasing on-chain activity, driving its protocol revenue to an all-time high, fueled by increased transaction volumes and a rapidly growing user base. […] Source: https://news.bitcoin.com/messari-reports-trons-protocol-revenue-reached-an-all-time-high-in-q3-2024/

The much-anticipated Ethereum Pectra upgrade, slated for early 2025, is designed to enhance user experience, improve data availability, and address key protocol limitations. As part of Ethereum’s rollup-centric roadmap, Pectra is a major milestone aimed at advancing the network’s scalability and infrastructure. Understanding the Significance of Pectra The Pectra upgrade will integrate a comprehensive set of Ethereum Improvement Proposals (EIPs)…

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Recent data from CryptoQuant shows a significant increase in Ethereum (ETH) accumulation, with over 19 million ETH now held in accumulation wallets—up from 11.5 million in January 2024. This surge in accumulation suggests that sophisticated investors are positioning themselves for a potential market rally later this year, with projections that the total held in these addresses could surpass 20 million…

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An early Bitcoin whale, active since the creation of the cryptocurrency, has made headlines after selling $9.7 million worth of Bitcoin. According to blockchain analytics firm Arkham Intelligence, this whale has been holding Bitcoin since the earliest days of mining, making their actions significant within the crypto community. The whale, who began mining Bitcoin shortly after the creation of the…

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Northern Data, a German data center company, is considering selling its crypto mining arm, Peak Mining Frankfurt, to focus on its growing AI business. This move comes as crypto miners continue to struggle with reduced Bitcoin rewards. If the sale goes through, Northern Data plans to use the proceeds to fund the expansion its AI […] Source: https://news.bitcoin.com/northern-data-considers-selling-crypto-mining-unit-to-fund-ai-venture/