Author: e_cash_top
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Singapore requires banks to hold $125 for every $100 Bitcoin exposure
[ad_1] Glassnode and CryptoSlate Deep Dive: How a cold winter is impacting Bitcoin miners and why the fear has just begun – Issue 01 The current state of Bitcoin Miners is extremely stressful as coin prices declined, and credit has contracted, while mining input energy costs have also been on the rise. 🤝 Brought to…
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Texas wants to be the centerpiece of Bitcoin innovation, says Governor Abbott
[ad_1] Texas Governor Greg Abbott sees value in what Bitcoin means to the entire world, adding that his state “wants to be the centerpiece of that.” Texas is Bitcoin country Speaking to the Texas Blockchain Council, Abbott encouraged Bitcoin entities to set up shop in Texas, saying those that do will be rewarded with “ease…
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Germany has the second highest concentration of ETH nodes in the world
[ad_1] Germany operates one of the world’s largest networks of Ethereum validators, according to the 2022 German Blockchain report published by CV VC Labs. The report which offers a structural overview of the country’s blockchain ecosystem, also indicated Germany accounts for nearly 6% of Europe’s blockchain funding. The European country has a 22.8% share of…
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Top 10 assets see losses in red market
[ad_1] The cryptocurrency market cap saw net outflows of $21.1 billion over the last 24 hours and currently stands at $819.2 billion, down 2.70% over the reporting period. Bitcoin and Ethereum’s market cap decreased by 1.94% and 3.40% to $311.95 billion and $143.60 billion, respectively. All the top 10 cryptocurrencies saw losses over the reporting…
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Jokes about wrapped ETH depeg cause brief panic on Twitter
[ad_1] Crypto influencers started a joke about wrapped Ethereum (WETH) losing its peg and becoming insolvent over the weekend, causing a brief panic within the community. The joke started on Nov. 26 when blockchain developer Cygaar tweeted that WETH was about to become insolvent and that they would bail out anyone at a rate of…
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JP Morgan believes regulation will lead to convergence of crypto, TradFi
[ad_1] Wallstreet banking giant JP Morgan & Chase believes there are significant changes coming to the crypto industry in 2023 in the form of regulation, which will likely cause a convergence between crypto and the traditional financial industry, according to its latest Global Markets Strategy report. Major changes coming to the crypto industry in 2023…
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Another $2B worth of Bitcoin withdrawn from Coinbase over weekend
[ad_1] Glassnode and CryptoSlate Deep Dive: How a cold winter is impacting Bitcoin miners and why the fear has just begun – Issue 01 The current state of Bitcoin Miners is extremely stressful as coin prices declined, and credit has contracted, while mining input energy costs have also been on the rise. 🤝 Brought to…
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Bitcoin Core 24, Bitcoin’s controversial upgrade is now live
[ad_1] Bitcoin Core 24, the long-awaited but controversial upgrade was activated on Nov. 26, opening the door for the Bitcoin memory pool that will serve as a waiting room for unconfirmed transactions. The memory pool will activate full RBF (Replace-by-Fee) logic, which is a way for nodes to either accept or refuse conflicting transactions if…
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How the crypto industry is responding to the FTX collapse
[ad_1] Millions of cryptocurrency traders who previously used FTX are left wondering if they’ll ever receive their funds after the exchange collapsed and subsequently filed for Chapter 11 bankruptcy. It could take years for the digital asset industry to recover. So is it all doom and gloom? Or is there some kind of positive takeaway…
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Energy is the master resource but it could be Bitcoin that reigns supreme
[ad_1] Nothing shines a light on the importance of energy as much as a fast-approaching winter. When the temperature drops, the scarcity of energy becomes obvious and global efforts to preserve it begin. This year, the fight for energy is more aggressive than it’s ever been. The fiscal and monetary policies set in place during…