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Bitcoin
Cambridge Revises Bitcoin Mining Index, Lowers BTC’s Estimated Power Use
Cambridge Centre for Alternative Finance has significantly revised its Bitcoin Electricity Consumption Index, lowering its estimates of the cryptocurrency’s energy use after finding its previous model greatly overstated power…
‘Infamous Chisel’ Malware Targets Crypto Wallets and Exchanges: A Joint Warning by FBI and GCHQ
The “Infamous Chisel,” a new sophisticated malware, has been targeting crypto wallets and exchanges, as revealed in a joint report by the U.S. Federal Bureau of Investigation (FBI) and the U.K.’s Government Communications…
Biggest Movers: LTC, BCH 5% Lower Following Friday’s Payrolls
Litecoin was down by as much as 5% during Friday’s session, as markets reacted to the nonfarm payrolls report from the United States. 187,000 jobs were added to the economy in August, compared to the revised sum of 157,000 in July.…
Bitcoin Miners Anticipate Relief: Upcoming Difficulty Reduction Projected After August’s Challenges
While Bitcoin experienced two difficulty adjustments upward last month, the next one, expected around September 6, 2023, is estimated to be a reduction. Currently, the network’s hashrate is about 367.58 exahash per second (EH/s),…
Bitcoin, Ethereum Technical Analysis: BTC Hovers Near $26,000 Following US Nonfarm Payrolls
Bitcoin plummeted below $26,000 to start the month of September, as markets waited for the latest non-farm payrolls (NFP) report. Payrolls in the United States were expected to fall to 170,000 for August, however came in at 187,000.…
First Mover Americas: SEC Delays Spot Bitcoin ETF Decision for All Applicants
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept 1, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
U.S. August Job Adds of 187K Vs Estimates for 170K; Unemployment Rate Rises to 3.8%
With spot bitcoin ETF aspirations sidelined after the SEC yesterday pushed off decisions on a raft of new applications, crypto bulls are hoping an employment slowdown and lower interest rates could provide a positive catalyst.
Just Over Half of Turkey’s Adults Invested in Crypto Assets Between Nov. 2021 and May 2023 — Study
In the 18 months between Nov. 2021 and May 2023, the proportion of Turkish adults who invested in cryptocurrencies grew from 40% to 52%, data from the latest Kucoin report has shown. The report also revealed that 54% of Turkish adults who…
LBank’s PINs IEO Achieves Over 400% Gain in the First Half Hour
PRESS RELEASE. Data extracted from CoinMarketCap painted a compelling picture of PINS’ trading journey. It started trading at $0.0005 on September 1 and quickly rose to $0.0025 within half an hour, an impressive 4X increase from its…
Circle Partners With Mercado Pago to Offer USDC to Chilean Customers
Circle, a financial services company, has announced a new partnership with Mercado Pago, Mercado Libre’s digital payments wallet, to bring the USDC stablecoin to its Chilean customers. The partnership will allow millions of users in…