Bitcoin breaks 18-month hashrate uptrend. Are BTC miners capitulating?

Catch up on nonfungible token (NFT)-related news this week as Cointelegraph rounds up the stories you don't want to miss. Bored Apes gets cast in an TV seriesThe Red Ape Family (TRAF) is a new animated comedy series centered on Bored Ape Yacht Club (BAYC) NFTs. Episodes are sold as individual NFTs and run between 5…

Declining interest in Bitcoin futures ETFs may have a number of reasons, chief among them the declining price of BTC since the ATH reached in mid-November. 118 Total views 12 Total shares After a stellar launch, interest has waned in the ProShares Bitcoin Strategy Exchange Traded Fund (BITO) which now has the lowest amount of…

Gavin Andresen laid doubts that Craig Wright is Satoshi Nakamoto in recently released depositions. 1158 Total views 38 Total shares Recently released depositions suggest that Gavin Andresen now has doubts that Craig Wright is Bitcoin creator, Satoshi Nakamoto.The depositions, which are connected to Wright’s case against the estate of his alleged business partner, David Kleiman,…

The investment firm purchased 17,100 BTC in the last week. Crypto fund manager Grayscale Investments has increased the assets under management in its Bitcoin Trust by more than $180 million over the past week.According to data from information platform Bybt, Grayscale added 17,100 Bitcoin (BTC) to the firm’s Bitcoin Trust in the last seven days.…

Gavin Wood introduced a major infrastructure development for Web3 citizenship, while Hashkey’s CEO forecasted a resurgence in the DeFi market driven by lower interest rates.

A new report has found almost half of all Bitcoin traded on the P2P exchange Paxful is exchanged for gift cards. 1825 Total views 2 Total shares A report published by Arcane Research has revealed that nearly half of Paxful’s trade volume comes from trade between Bitcoin (BTC) and gift cards.The report found that, “purchasing…

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.Market data is provided by the HitBTC exchange.The total market capitalization of bitcoin is close to $200 billion and…

Okamoto explains why his “electronic cash” patent may have presented obstacles to Hal Finney’s plans to make his own electronic currency. 1180 Total views 41 Total shares Tatsuaki Okamoto explains why his “electronic cash” patent might have presented an obstacle to Hal Finney in his ambition to create his own electronic currency.Six key patentsSometime before…