Author: e_cash_top
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New Messari Q3 report on Polygon
[ad_1] A new report by Messari on the state of the Polygon network revealed an increase of new addresses QoQ of 180%. Active addresses also hit an all-time high of 6 million, while total transactions surpassed 2 billion during Q3. Other critical metrics for Polygon are shown in the table below. Messari’s data shows that…
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Bitcoin hashrate hits all-time high as Bitcoin holds above $20k
[ad_1] Bitcoin’s hashrate has hit a new all-time high of 331EH/s, according to data from Glassnode. Historically there has been a loose correlation between hashrate and Bitcoin’s price spurring debate as to whether hashrate follows price or vice versa. The spike in hashrate comes at a difficult time for miners as some struggle to meet…
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Coinbase blames SEC’s XRP lawsuit for $15B loss to retail traders, Dogecoin investors sell $110M in DOGE
[ad_1] The biggest news in the cryptoverse for Nov. 1 includes Coinbase arguing that SEC’s lawsuit against Ripple caused $15 billion in losses for retail traders, Hackers stealing about $760 million in 44 hacks in October, and top 50 Dogecoin holders selling off $110 million worth of DOGE in the last seven days. CryptoSlate Top…
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MicroStrategy Q3 loss narrows, but revenue drops year-over-year; 301 BTC added to portfolio
[ad_1] MicroStrategy released its earnings report for the third quarter of 2022 on Nov. 1, saying it achieved “strong” year-over-year growth in subscription services and “record” growth in subscription billings, but still recorded a YOY drop in revenue with a net loss of $10.8 million. “We are continuing to see the global adoption of our…
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Bitcoin jumps 6% while DXY and gold post negative returns
[ad_1] After two consecutive red months, Bitcoin posted a 6% increase in October. The volatility that wiped out billions from the market devastated Bitcoin’s price in June and led to a shaky summer with little to no gains. However, the third quarter began in the green with Bitcoin breaking through the $20,000 resistance, showing the…
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Crypto employment revolution is already quietly underway
[ad_1] During Bitcoin Amsterdam, CryptoSlate caught up with Coinmetro exchange‘s CEO Kevin Murcko to discuss various topics, including the macro outlook, dollar strength, and incoming regulation. However, of particular interest was Murcko’s industry insights on the unusual employment dynamics between TradFi and crypto that few could have predicted years before. TradFi already big on crypto…
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Fed will keep hiking interest rates longer than you can stay solvent
[ad_1] Surging inflation and weak growth have been plaguing the global economy for months, but the rising CPI and a devaluating national currency first seen in the U.S. have now spread to Europe as well. The European Central Bank (ECB) hiked its base interest rate by 75 bps for the second consecutive time, bringing its…
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Top 50 Dogecoin holders unloaded $110M worth of DOGE over the past week
[ad_1] The top 50 Dogecoin (DOGE) investors collectively hold 87.1 billion tokens worth roughly $12.35 billion at current prices, according to blockchain analytics platform Lookonchain. These investors hold around 63.71% of the memecoin’s total circulating supply, accounting for around 66.5% of the token’s market cap. We did an analysis of the top 50 holders of…
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The Gathering’s creator launches new PvP card game in collaboration with Tyranno Studios
[ad_1] The creator of Magic: The Gathering card game Richard Garfield has launched a new Player versus Player game for the non-fungible token project, Blockchain Brawlers, according to a press statement shared with CryptoSlate. Blockchain Brawlers is a play-to-own game based on the WAX blockchain, created by Tyranno Studios. Adding a new PvP card game…
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Development bank of El Salvador refuses to disclose country’s Bitcoin acquisition records
[ad_1] The Development Bank of El Salvador, BANDESAL, has refused to disclose the government’s Bitcoin purchase and sale records for the second time, according to an Oct. 31 tweet by the country’s Anti-Corruption Legal Advisory Center (ALAC). Upon Congress’ approval, BANDESAL created a $150 million trust fund — FIDEBITCOIN — to facilitate conversions from Bitcoin…