Category: Uncategorized

[ad_1] Terraform Labs co-founder Do Kwon and Luna Foundation Guard (LFG) have denied reports that the foundation moved to sell 3313 BTC worth over $69 million via KuCoin and OKX crypto exchanges. Data analytics platform CryptoQuant reportedly identified a wallet address created on Binance by the LFG shortly after an arrest warrant was issued for…

[ad_1] By examining specific metrics, on-chain research published on Aug. 21 suggested that the Bitcoin bottom was close but not in yet. Revisiting these metrics a month later shows it is all changed. However, investors should be aware that this does not necessarily mean the price of Bitcoin cannot fall further from current prices. Percentage of…

[ad_1] The Cambridge Centre for Alternative Finance (CCAF), which tracks the electricity consumption of Bitcoin (BTC) mining, added the sources of energy in a major update on Sept. 27. According to the data, the sustainable electricity mix in bitcoin mining declined by 13% in 2021, compared to 2020. Electricity from natural gas and nuclear energy…

[ad_1] Having broken through $19,300 resistance at the fourth time of asking, Bitcoin moved higher during the early hours of Tuesday (UTC) to peak at $20,400. Bull exhaustion sees the $20,170 level providing support in the meantime. However, the significant gains over the past 24 hours have renewed calls for an end to the bear…

[ad_1] Osmosis founder Sunny Aggarwal took to the Comosverse stage in Medellin on Sept. 26 to speak not about Omosis but mesh security systems. Aggarwal opened his talk in a 40lb suit of chainmail armor, which he “lugged across two continents… for a one-line joke.” Given the party atmosphere that had already been seen at…

[ad_1] Flagship digital asset Bitcoin (BTC) has had a rough year, falling 72% from its all-time high and losing more than 50% of its value this year alone. On several occasions, the asset has seen its value plunge below the $20,000 mark. During the thick of the bear run, BTC fell below a previous cycle’s…

[ad_1] With macroeconomic conditions dictating the overall market sentiment and price-action, it can feel like little has changed since Ethereum’s merge to a Proof-of-Stake (PoS) consensus mechanism. The price of ETH has dropped 14.4% since the merge while the strength of the U.S. dollar has surged. ETH and USD Price Performance (Source: IntoTheBlock Capital Markets…

[ad_1] The biggest news in the cryptosphere for Sept. 23 includes Kraken’s former compliance chief’s switch to Binance, the new patent infringement lawsuit Coinbase has to face, and Bitcoin mining firm Compute North’s chapter 11 bankruptcy. CryptoSlate Top Stories Binance hires former Kraken compliance chief Binance hired its rival Kraken‘s chief of compliance and said…

[ad_1] Bitcoin FUD comes in all shapes and sizes, ranging from unbridled energy consumption to rampant crime. Since 2017, the World Economic Forum has been warning that Bitcoin will eventually consume more power than the entire world. Governments around the world have been campaigning against Bitcoin mining and warning about its effects on climate change.…

[ad_1] Bitcoin (BTC) mining data center operator Compute North filed for Chapter 11 Bankruptcy, adding that CEO Dave Perrill resigned earlier in September. The firm reportedly owes $500 million to about 200 creditors and has assets valued between $100 and $500 million. Compute North filed for bankruptcy on Sept. 22 and will continue operations as…