Stellar Month: July’s Top Performing Crypto Asset Saw 40% Gains

news Japanese startup Nayuta is releasing an in-progress lightning implementation with a compelling new focus: the internet of things (IoT). As revealed exclusively to CoinDesk, Nayuta is publishing the first lightning implementation geared specifically toward IoT, or networks of connected devices that feed data to one another. The idea behind Nayuta’s release is that it…

feature Bitcoin’s recent bull run has juiced demand for new mining equipment, putting pressure on manufacturers to produce enough machines to meet demand. The world’s largest cryptocurrency by market cap is currently trading at above $11,000 after it surpassed the $10,000 level over the weekend – a nearly 200 percent jump since February.  “The surge in…

After the approval of several spot bitcoin ETFs in January, investors may have sold their GBTC shares to move into new products.Daily outflows from GBTC have fallen significantly since hitting $600 million in March.Michael Sonnenshein, CEO of digital asset investment manager Grayscale, sees outflows from the company's bitcoin (BTC) exchange-traded fund (ETF) reaching an equilibrium

news F1 Delta Time, a blockchain-based racing game, has just launched a new line of crypto collectables including “Cars, Drivers, and Components.” The collectables are based on the ERC-271 non-fungible token standard, which allows different attributes for each token. However, “fungible Tokens (FTs) based on the ERC-20 token standard will function as a currency in…

The correlation between bitcoin and its implied volatility has turned negative again, indicating investor concerns about moves to the downside.Investors seem worried that impending FTX liquidations and continued monetary tightening by the Federal Reserve will drive crypto prices lower, according to one analyst.Bitcoin's (BTC) price and the cryptocurrency's forward-looking 30-day implied volatility gauge are again

Mar 17, 2020 at 18:30 UTCUpdated Mar 17, 2020 at 18:31 UTCExperts Say the Fed’s QE Program Will Strengthen Bitcoin – One Way or AnotherAnother enormous program of quantitative easing (QE) ought to benefit bitcoin, both in terms of its reputation as a hedge against centralized changes to the financial system, but also directly, as…

Jun 24, 2020 at 13:49 UTCUpdated Jun 24, 2020 at 14:24 UTCStack of pound coins (Linda Bestwick/Shutterstock)Bitcoin’s often criticized for its volatile and unpredictable nature – now analysts are saying that, and more, about the pound sterling. In a shock-inducing note to clients on Tuesday, currency analysts at Bank of America (BoA) said sterling had…

OKCoin Japan's team, with CEO John Feng on the far left. Credit: OKCoin Japan Why Crypto Exchange OKCoin Jumped Through Hoops to Get Licensed in JapanAfter more than two years, San Francisco-based cryptocurrency exchange OKCoin received its license as a Virtual Currency Service Provider in March from the Kanto Local Finance Bureau in Japan.While the…

Web3 gaming has skyrocketed in popularity over the last three years and is predicted to reach approximately $65.7 billion by 2027, up from $4.6 billion in 2022. While the Web3 games that initially gained international attention were play-to-earn like Axie Infinity, gamers across the world don’t just game for passive income.Instead, many gamers play because