‘No signs’ of Bitcoin miner capitulation despite plummeting revenue

While United States regulators such as Securities and Exchange Commission Chair Gary Gensler make bad-faith claims that “there’s been clarity for years” when it comes to cryptocurrency, the European Union took real action in April when it passed the Markets in Crypto-Assets (MiCA) regulatory framework. While imperfect, it was a crucial move in the right

A Brazilian congressional committee has recommended local law enforcement move to indict Binance CEO Changpeng “CZ” and three other Binance executives following a probe into financial pyramid schemes in Brazil.On Oct. 10 the committee released a 500-page final report accusing Zhao and local Binance executives Daniel Mangabeira, Guilherme Haddad Nazar and Thiago Carvalho of fraudulent

Charlie Munger, billionaire investor and vice chairman of American holding conglomerate Berkshire Hathaway, again criticized bitcoin (BTC), financial markets-focused news outlet Markets Insider reported on May 4.Munger — who was invited to an event by an unnamed digital currency investment group, but did not attend it — stated that bitcoin investors "celebrate the life and…

Independent game developers face an almost insurmountable hurdle in their quest for success. Without a marketing budget, many have to give away their work for free. Their only hope is to recoup some of the development cost through in-game advertisements or micro-transactions — both of which are off putting to many potential players.Blockchain development team,…

America’s central bank has been stress-testing retail banks in the wake of several high-profile banking collapses earlier this year. 337 Total views 1 Total shares The American central bank has determined that all 23 of the country’s largest banks would be able to survive a severe recession following its “stress tests.”The report issued on June…

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Asian and European stocks registered a bullish surge on Tuesday owing to the Fed’s hawkish outlook on interest rates. 90 Total views 1 Total shares Oct. 10 saw major Asian and European stocks surge higher owing to a wave of risk appetite.Another major factor that played a key role in the bullish resurgence of European

Throughout 2020 a handful of new stablecoins launched and many analysts have suggested that stablecoin growth is the backbone of the crypto sector and partially responsible for the current Bitcoin rally.For many traders, stablecoins provide a safe place to shelter during volatile periods in Bitcoin and altcoins but there are other ways to interact with…

The market for selling hash rate in exchange for Bitcoin (BTC) has undergone staggering growth in the epoch since the last halving. There is almost 100 times the level of competition today as there was four years ago, up 125 exahashes from 1.4 exahashes.After the last halving in 2016, 16nm chips were first hitting the…