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Bitcoin-flash-crashes-by-$2k-in-5-minutes,-liquidating-$600m-in-longs

Bitcoin flash crashes by $2K in 5 minutes, liquidating $600M in longs

A flash crash on short timeframes for BTC/USD induces panic among long traders, but for analysts, it's business as usual. 756 Total views 9 Total shares Bitcoin (BTC) fell over $2,000 in five minutes on March 31 as a wave of volatility disrupted an otherwise calm market.BTC/USD 1-minute candle chart (Bitstamp). Source: TradingviewBTC sees sudden…
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Consensys-to-launch-scalable-ethereum-nft-platform-palm

ConsenSys to Launch Scalable Ethereum NFT Platform Palm

As NFTs grow in popularity, more creators and users want to mint them, which can be costly if using Ethereum. Creating ERC-20 fungibles or ERC-721 non-fungibles uses gas, and as everyone is painfully aware, gas is expensive at the moment. Addressing this, ConsenSys has announced Palm, which promises 99% efficiency over current proof-of-work networks. We’ve…
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Adam-back-unveils-blockstream’s-new-bitcoin-mining-security-token

Adam Back unveils Blockstream’s new Bitcoin mining security token

Blockstream has announced the launch of a new security token backed by the company's mining facilities. 1952 Total views 10 Total shares Canadian-based Blockchain tech company Blockstream announced the launch of a security token backed by the company's mining production on March 29. It offers an alternative to investing in Bitcoin mining stocks, with the…
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Nic-carter-takes-aim-at-claims-bitcoin-is-an-environmental-disaster

Nic Carter takes aim at claims Bitcoin is an environmental disaster

Carter argues that mining is concentrated in areas where there is an excess of energy. 1800 Total views 15 Total shares Coin Metrics co-founder Nic Carter has produced a well-researched rebuttal to some of the key claims suggesting power-hungry Bitcoin mining is causing an environmental disaster.In an in-depth article called Noahbjectivity on Bitcoin mining penned…
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Michael-jordan,-will-smith-join-$305m-funding-round-for-nba-top-shot-maker-dapper-labs

Michael Jordan, Will Smith join $305M funding round for NBA Top Shot maker Dapper Labs

Basketball legend Michael Jordan and Hollywood icon Will Smith are among a group of investors in Dapper Lab’s latest funding round. 616 Total views 15 Total shares NBA Top Shot maker Dapper Labs has secured about $305 million in new funding round from investors.According to a report by Business Insider on Tuesday, past and present…
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One-btc-will-be-worth-a-lambo-by-2022,-and-a-bugatti-by-2023:-kraken-ceo

One BTC will be worth a Lambo by 2022, and a Bugatti by 2023: Kraken CEO

Amid the threat of dollar debasement, Kraken’s Jesse Powell believes Lamborghinis and Bugattis may be a better measure of Bitcoin’s value in the future. 1519 Total views 18 Total shares Appearing on Bloomberg, Kraken CEO Jesse Powell explained why he believes dollar-based long-term price predictions for Bitcoin are flawed, emphasizing the inflationary nature of fiat…
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Lbry-fires-back-at-sec-over-‘aggressive-and-disastrous’-securities-complaint

LBRY fires back at SEC over ‘aggressive and disastrous’ securities complaint

LBRY is in the SEC’s firing line for selling unregistered securities. It claims the case could set a precedent that would affect much of the industry. 1285 Total views 21 Total shares Blockchain company LBRY, Inc. has hit back at the Securities and Exchange Commission, saying a complaint filed against it threatens much of the…
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The-blacklist:-marathon-only-mining-‘fully-compliant’-bitcoin-transactions

The blacklist: Marathon only mining ‘fully compliant’ Bitcoin transactions

Marathon plans to divert all hash power to its new, regulatory compliant Bitcoin mining pool from May 1. 103 Total views 7 Total shares Major U.S.-based mining firm Marathon Digital Holdings has announced the launch of what it describes as the first North American Bitcoin mining pool that is “fully compliant with U.S. regulations.”According to…
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