Author: e_cash_top

—

by

[ad_1] Russian citizens against their country’s war against Ukraine are using crypto to voice their opposition. “Donations to Ukraine has varied from one dollar to millions of dollars,” said Ukraine’s deputy digital minister, Alex Bornyakov, to Yahoo Finance’s The Crypto Mile on Feb. 2. “Crypto, in certain cases, offers an anonymous way to transfer money. We…

BTC price surge increases miner profitability, indicating market bottom

—

by

[ad_1] Glassnode data analyzed by CryptoSlate analysts suggests that rising Bitcoin (BTC) price also increases miner profitability and revenue, which have been historical pointers for market bottoms. CryptoSlate looked into the Difficulty Regression Model and Miner Revenue vs. Yearly Average comparison metrics to evaluate miners’ profitability. While both metrics agree that things are going swimmingly…

Sudden rise in Canto gives some investors pause

—

by

in Reviews

[ad_1] Some online are speculating that the rise in Canto price could be attributed to a spike in the volume of Note — the quasi-stablecoin issued by Canto and pegged to USDT/USDC. Recently, some Twitter users have started to speculate that the Layer-1 decentralized token could eventually face downward pressure due to its connection to…

Filecoin’s Protocol Labs lays off one-fifth of staff

—

by

in Latest news

[ad_1] Protocol Labs has become the latest cryptocurrency company to carry out a mass layoff, according to a Feb. 3 report from Forbes. The company reportedly laid off 89 people, representing 21% or approximately one-fifth of its workforce. The company cited poor market conditions and “macroeconomic challenges…in relation to Filecoin dynamics” as the reason for…

Asia, EU, US are bullish on Bitcoin, Ethereum

—

by

[ad_1] Glassnode data analyzed by CryptoSlate analysts shows that Asia, the U.S., and the EU have been bullish on Bitcoin (BTC) and Ethereum (ETH) since late January. As the regional price metrics indicate, investors from all three regions feel more bullish on BTC than they do on ETH. In the meantime, year-over-year BTC supply for…

NFT lending hits all-time high in loan volume, users, quantity

—

by

in Guides

[ad_1] NFT lending has had its strongest month, with $444 million in monthly volume throughout January. A new report from NFTGators noted the “significant surge in NFT activity” as Polygon NFTs again surpassed Ethereum in volume. The rise in NFT lending is partly responsible for the increase in activity. BendDAO had the most significant volume…

Craig Wright’s lawsuit against multiple Bitcoin developers will go to trial

—

by

[ad_1] A lawsuit from Craig Wright that aims to have Bitcoin developers surrender crypto and modify code can go to court, Reuters reported Feb. 3. Wright is suing 15 developers in an attempt to obtain 111,000 BTC worth $2.5 billion. Supposedly, Wright suffered a hack years ago, leading him to lose access to keys that…

Charlie Munger calls on US to join China in banning crypto

—

by

in Reviews

[ad_1] Warren Buffett’s business partner Charlie Munger has proposed that the United States should follow in the steps of China to ban cryptocurrencies- which he considers a gambling contract. In a WSJ opinion piece published on Feb. 2, Munger said that thousands of new cryptocurrencies had flooded the market, exposing the public to buy at…

Ethereum staking withdrawal testnet ‘Zhejiang’ set to launch Wednesday

—

by

[ad_1] A testnet that will demonstrate Ethereum staking withdrawals is set to go live on Wednesday, according to statements from developers on Jan. 30. Ethereum Foundation members Parithosh Jayanthi and Barnabas Busa said the Zhejiang testnet will go live on Feb. 1 at 15:00 UTC. The Shanghai and Capella upgrade will be triggered on the…

Elon Musk cleared in trial over Tesla tweets

—

by