Since the Cambridge Bitcoin Electricity Consumption Index (CBECI) project updated its mining map in mid-July, the United States has continued to dominate in terms of the amount of hashpower worldwide. Moreover, data shows that Foundry USA has managed to command the top pool position with 755 bitcoin block rewards mined during the last 30 days. The United States Commands a…
The pain trade has been an unwelcome sight across the cryptocurrency market since the start of 2022 and over the past 24 days Bitcoin (BTC) and the altcoin prices have drifted, leading some analysts to suggest that a bear market is at hand. Despite traders’ concern that another extended crypto winter could be starting, it times like these when investors…
The word “crash” is thrown around a lot in crypto headlines. But most traders wouldn’t use that term for a 9% Tuesday dip for Bitcoin—especially because BTC is just as likely to regain 8% on Wednesday. But the current crypto market malaise is different. Bitcoin has fallen 16.5% in just a week, while Ethereum is posting a 23% loss and…
The Fight For Bitcoin, Round One ”Everybody trying to PvP when the game is PvE.” – Edward Snowden The revolution will not be centralized. The ideal peaceful revolution that Bitcoin could be will not enable solely one class, one ideology or one political party to replace themselves as the new king of the hill. If Bitcoin’s social consensus is commandeered…
press release PRESS RELEASE. Lasting for two months, the largest Metaverse Hackathon (called Metathon) organized by Metaverse Alliance and LD Capital has officially ended on January 21, 2022, PST. Over 100 contestants took part, with nearly 280 developers from 13 different countries engaged. To ensure the professionalism and fairness of the Metathon, 36 judges were invited from the leading funds…
Global credit rating agency Fitch Ratings is warning public power utilities across the United States to mitigate the risk crypto mining could post their production of power. In a Monday notice, Fitch Ratings said that only utilities in states like Washington, which have excess generation capacity, may be capable of meeting the power requirements of many crypto mining operations. The…
In brief The Bank of America has spoken about the benefits of a U.S. central bank digital currency in a new report. It said one could be released as soon as 2025. Central bank digital currencies are “the inevitable evolution of today’s electronic currencies” and one in the U.S. could be released as soon as 2025, Bank of America said…
After trading lower for the majority of Monday’s session, cryptocurrency prices were slowly starting to find support, with a few markets rallying, as we headed toward the end of the day. Cosmos One such crypto was cosmos (ATOM), which was the biggest gainer in the top 20, climbing by almost 10% to start the week. ATOM/USD climbed to an intraday…
That was quick. Within 24 hours of the launch of the Twitter nonfungible token, or NFT, profile pictures for iOS update, a github contributor called mcclure has coded up and shared a browser extension that automatically blocks Twitter accounts using an NFT profile picture. The program called NFTBlocker blocks paying subscribers of the Twitter Blue for iOS service who choose…
Congresspeople currently HODLing or actively trading in crypto may have to stop doing so while in office if recent pushes to ban lawmakers from investing in stocks gain enough support. In a Monday letter addressed to Speaker Nancy Pelosi and Minority Leader Kevin McCarthy, 27 members of the U.S. House of Representatives called for action “to prohibit members of Congress…
