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Bitcoin
Cambridge Study Unveils Ethereum’s Environmental Impact Post-Merge, Highlighting Major Energy…
The transformation of the Ethereum network, popularly known as ‘The Merge,’ marked a significant shift in the blockchain’s energy usage and climate impact. A detailed report by the Cambridge Centre for Alternative Finance…
Bitcoin Surpasses $39K, Achieving 19-Month Peak in Saturday’s Crypto Market Surge
On Saturday, December 2, 2023, the cryptocurrency market exhibited a positive trajectory, advancing by 1.91% to reach a total value of $1.48 trillion. Notably, bitcoin achieved a peak of $39,705 within the day, marking its highest value…
L2 Crypto Project Blast Achieves $660M TVL Amid Mockery for Key Developer Recruitment
Recent data reveals that Blast, the new layer two (L2) blockchain platform, has amassed a significant $660 million in value within its decentralized finance (defi) protocol. Concurrently, while accumulating a variety of crypto assets, the…
FDUSD Nears $1 Billion Cap — A Rapid 253% Surge in Supply Since August
Recent data indicates that the market capitalization of the newly introduced stablecoin, first digital usd (FDUSD), is approaching the $1 billion threshold. This growth, a 253% increase in supply, has been recorded since August 4, 2023.…
GHO Stablecoin Hits $0.98 Target as Strategic Initiatives Spearhead Turnaround
Beginning in mid-July 2023, the stablecoin from Avara (previously known as Aave), a decentralized finance firm, consistently traded below its target $1 peg, reaching a low of $0.917 on October 24. Nonetheless, in recent weeks, the Liquidity…
Cornell Study: Bitcoin Can Power Renewable Energy Deployments and Climate Action
A recent study led by investigators from Cornell University has outlined how Bitcoin can help finance renewable energy installations by using surplus power even while these facilities are not yet integrated into the U.S. power grid. Texas…
We Neither Bank Justin Sun nor Finance Hamas — Circle Chief Strategy Officer
USDC stablecoin issuer Circle neither “finances Hamas” nor does it bank Tron blockchain founder Justin Sun, the fintech firm’s chief strategy officer has asserted. Although Circle had past business dealings with Sun, this…
Report: Bitcoin Miners’ Revenue Down by More Than 30% in the Last 6 Months
In the past six months, Bitcoin miners’ revenue has dropped by more than 30%, with November revenues approximately $270 million lower than October revenues. The drop in Bitcoin miners’ revenue is attributed to Bitcoin price…
Novogratz Expects Bitcoin Price to Be ‘Significantly Higher’ After SEC Approves Spot Bitcoin ETFs
Galaxy Digital CEO Mike Novogratz expects the price of bitcoin to be significantly higher when the U.S. Securities and Exchange Commission (SEC) approves spot bitcoin exchange-traded funds (ETFs). “We will see a pretty successful…
Ripple’s CLO Says SEC Is Anything But Infallible — Advises ‘Don’t Be Intimidated When They Come…
Ripple’s chief legal officer says the U.S. Securities and Exchange Commission (SEC) is “anything but infallible,” emphasizing that the regulator is “bloated, broken, and beleaguered.” He advised investors…