Bitcoin analyst sees 'scary' BTC price upside as funding flat at $73K
BTC price gains are seen continuing after a brief support retest, but it is the lack of interest or market overheating causing the real stir.
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Cardano accelerator program Genius X ISPO nets $105 million in ADA
Cardano-based accelerator program Genius X continues to attract ADA delegators after the launch of its ISPO. 382 Total views 11 Total shares Cardano-based accelerator program Genius X has seen more than $105 million worth of ADA delegated to its initial stake pool offering (ISPO).This comes after the firm’s decentralized automated market maker and liquidity management…

Bitcoin Sees Volatility as Prices Hit Three-Month Lows and Altcoins Fall
Cryptocurrency markets are showing red across the board Nov. 14, as a steep drop in Bitcoin (BTC) ricocheted across major assets.Data from Cointelegraph’s price tracker, Coin360, and Bitcointicker confirms BTC/USD bouncing off support around $6,150 on exchanges, at press time hovering above $6,200 again.Market visualization. Source: Coin360The dip to $6,150 marks a fresh test of…

This Singapore tech company says its recycling 90% of waste heat from Bitcoin mining
It takes a lot of energy for miners to verify transactions and mint new blocks on the Bitcoin (BTC) blockchain. According to Statistica, one Bitcoin transaction consumes as much electricity as over 1 million VISA transactions. Moreover, the cryptocurrency's environmental burden increases even more if the energy used for mining stems from fossil fuels.But SAITech,…

Flipside Crypto launches NFTs to pull multi-chain data
Blockchain analytics firm Flipside Crypto has launched an online Software Development Kit called ShroomDK, which is based on nonfungible tokens (NFTs) and provides an automated means to pull “comprehensive” blockchain data via software. Being NFT-based enables the SDK to be on-sold or upgraded more easily, according to the company.Co-founder Jim Myers said that the ability to…

MicroStrategy, Tether adds to firms distancing from Silvergate as stock dives 57%
Business intelligence firm MicroStrategy and stablecoin issuer Tether have become the latest two firms to publicly deny any meaningful exposure to Silvergate Bank.The news comes after Silvergate announced on March 1 that it would postpone the filing of its annual 10-K financial report, which has many fearing the cryptocurrency bank may be on the brink…

Grayscale ETH ETF stems bleeding as activity spikes on Ethereum
The Grayscale Ethereum Trust has posted its first day of zero outflows since its conversion to a spot ETF amid a surge of network activity on Ethereum and its layer-2 networks.

CoinMarketCap rival CoinGecko acquires NFT startup Zash
CoinGecko has acquired the NFT data infrastructure platform Zash as the firm remains bullish about the NFT market. The terms of the deal have not been disclosed. 322 Total views 3 Total shares Major cryptocurrency tracking website CoinGecko is scaling its data offering by acquiring the nonfungible token (NFT) data infrastructure platform Zash.CoinGecko plans to

Israeli-Led Blockchain App Company to Make Extensive Layoffs While Restructuring
Gibraltar-registered Israeli blockchain application platform First Digital Assets (FDA) will fire most its employees in a major restructuring process, the company confirmed to Israeli English-language news resource Globes on March 4.FDA, which operates multiple spin-off companies in the blockchain space, will merge all but one of them into their parent company. Its research arm, One…