Category: Uncategorized

[ad_1] U.S.-based mining company Marathon Digital mined 687 Bitcoin (BTC) and sold 1,500 BTC in January, according to its monthly status report. Marathon’s January production marks a 45% increase from December 2022’s 475 BTC, according to the January report. Marathon’s CEO, Fred Thiel, acknowledged the increase in production and said the firm would continue to…

[ad_1] The 2022 Global Crypto Adoption Index has released its third report indicating where the market may be heading in 2023. Key highlights from the report:   “DeFi-driven cryptocurrency markets in North America were strong but volatile over the last year.” Key findings: North America ranks 2nd in cryptocurrency activity, receiving $1.15 trillion worth of…

[ad_1] Bankrupt crypto miner Core Scientific would transfer its ownership of 27,403 mining machines to crypto lender NYDIG to pay off a $38.6 million loan, according to a Feb. 2 court filing. Core Scientific said the transferred machines are “no longer necessary” for its “current operations and future business plans.” It added that the “principal…

[ad_1] ApeCoin may have hit a local top after a steady climb of 78% over the past six weeks, according to Santiment Analytics. The research firm said a divergence between network growth and price is taking shape, which may lead to downward pressure on the token, indicating that a local top may have started to form…

[ad_1] The Harmony Bridge moved 463.82 Wrapped Ethereum (WETH) — worth roughly $726,000 — of stolen funds into “0xA60C37d8362F6adf61317Bf6306A52d8087127Da” on Feb. 3. The new wallet received 463.82 WETH across five transactions and has remained dormant — without inflows or outflows for roughly an hour as of press time. Harmony Bridge stolen funds on the move…

[ad_1] Cathie Wood’s ARK Invest expects Bitcoin’s price to rise to  $1M per coin by 2030, along with a boom in annual fees of smart contract networks, according to a new report published by the investment management firm. The highlights of the Jan. 31 report include: Bitcoin will hit $1 million per coin by 2030…

[ad_1] Tim Draper’s attempt to bring Bitcoin to Sri Lanka was firmly rejected by the country’s President Ranil Wickremesinghe, according to Bloomberg News. Despite President Wickremesinghe declaring the country bankrupt in July 2022, the offer to integrate Bitcoin into the national economy was not taken up. Sri Lanka is bankrupt Around April 2022, protests erupted…

[ad_1] London, Dubai and New York have been ranked as the top 3 crypto hubs, with over 800 crypto-based companies active in the UK’s most populous city. Recap’s annual list of top crypto hub cities for 2023 looks at key metrics like tax status, quality of life index, and the overall number of crypto companies and…

[ad_1] The cryptocurrency market cap saw a net outflow of around $10 billion over the last 24 hours and currently stands at $1.08 trillion — down 0.86% from $1.09 trillion. Over the reporting period, Bitcoin and Ethereum’s market cap fell 1.32% and 1.51% to $453.27 billion and $201.57 billion, respectively. The top 10 crypto assets…

[ad_1] Arweave posted a 9% gain over the last 24 hours to $11.52, marking a 12-week high. The price spike was accompanied by a tweet from Arweave co-founder and CEO Sam Williams, who said the chain had experienced its highest-ever monthly transaction count in January. The tweet included a chart showing the number of transactions…