Bitcoin miner profits drop as halving, power costs weigh — JPMorgan

Less than a year after its launch, Binance Korea is closing its doors amid shrinking liquidity. 2035 Total views 9 Total shares Binance KR has decided to shutter its operations in South Korea according to an announcement released on Thursday. As part of the press statement, Binance KR attributed the move to declining liquidity and low…

Crypto venture fund giant Andreessen Horowitz (a16z) has highlighted that development and demand on Ethereum is “unmatched” despite the network’s high transaction fees.The firm does warn, however, that its “popularity is also a double-edged sword” given Ethereum prioritizes decentralization over scaling, resulting in competing blockchains stealing market share with “promises of better performance and lower…

Major milestones are flowing in for BTC price action this week, with the market still below the $50,000 level. 3306 Total views 78 Total shares Bitcoin (BTC) at $47,000 is turning heads but is in fact only the "worst-case scenario" for one of its most popular analysts.In a tweet on Aug. 13, PlanB, creator of…

Bitcoin’s on-chain data provides evidence that Bitcoin miners are offloading their holdings. The factors influencing the selling pressure could be reduced earnings from a cooldown in Ordinals activity as well as mining difficulty and hash rate reaching an all-time high. According to on-chain analytics firm Glassnode, “Miners have been sending a significant amount of coins to exchanges.”Glassnode…

Hong Kong regulators have only approved a handful of crypto exchanges to date that are permitted to offer crypto retail trading services. 189 Total views 3 Total shares OKX cryptocurrency exchange has entered the final stage before acquiring a virtual asset service provider license (VASP) in Hong Kong. The crypto exchange expects the final approval

Hydrogen, a NYC-based business that was recently named KPMG’s fintech startup of the year has signed a public blockchain licensing deal with TD Bank – the world’s 12th-biggest bank in terms of market capitalization.Hydrogen is a decentralized ecosystem for financial services that combines artificial intelligence, record keeping, authentication, payments and identity services.The initial phase of…

Hong Kong central bank executive looked optimistic about the future of decentralized tech, while the Korean central bank governor has his doubts in the wake of the recent crypto contagion. Own this piece of crypto history Collect this article as NFTCentral bank governors from around the globe are currently in Thailand to discuss the role…

The AI model has been trained with “Reflection-Tuning,” which is designed to help it learn from its mistakes and fix them.