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Bitcoin
Following BTC’s Price Drop, Bitcoin Miners Benefit From a 2.35% Difficulty Reduction
During the past week, Bitcoin’s hashrate has dropped a few percentages after reaching 288 exahash per second (EH/s) on June 8, 2022. Bitcoin miners, however, got a break on Wednesday, June 22, as the mining difficulty dropped by…
Report: Crypto Hedge Fund Three Arrows Capital Pitched a GBTC Arbitrage Trade Before Rumored…
Last week there was a lot of focus on the crypto hedge fund Three Arrows Capital (3AC) as the firm allegedly had a great deal of leveraged positions liquidated and there’s been speculation about insolvency. According to a recent…
Tether Launches Stablecoin Pegged to the British Pound Sterling
Tether, the company behind the largest stablecoin by market capitalization, has announced another fiat-pegged stablecoin called GBPT on Wednesday, tied to the value of the British pound sterling. The news follows Tether’s most recent…
Bitcoin․com Exchange Market Insights Report for June 2022
This is the June 2022 monthly market insights report by Bitcoin.com Exchange. In this and subsequent reports, expect to find a summary of crypto market performance, a macro recap, market structure analysis, and more.
Crypto…
New Philippines Central Bank Governor: Crypto Investors Are Adherents of the Greater Fool Theory
The incoming governor of the Philippine central bank, Felipe Medalla, has suggested that people that invest in cryptocurrencies like bitcoin are adherents of the Greater Fool Theory. He also argued that people investing in cryptocurrencies…
Embr Releases Checkout to Future-Proof Trust in Web3 Payment Experiences
Embr is an all-remote corporation building a global Web3 fundraising infrastructure, and Checkout is the first of many product releases focused on moving startups and creators into a new era of the internet.
Web3 has the potential to…
Ukraine Raises Over $100,000 From Cryptopunk NFT Sale
The government of Ukraine has sold a Cryptopunk NFT donated in support of the war-torn country a few months ago. The token has been purchased by an unidentified buyer who spent more than $100,000 in ethereum for the collectible, the…
Central African Republic President on BTC Volatility: ‘Mathematics Don’t Account for Human Emotions’
In an apparent message to critics of the Central African Republic’s bitcoin decision, the country’s president, Faustin-Archange Touadéra, recently argued that understanding the crypto’s disruptive power is crucial…
Telegram Launches Premium Tier Benefits Seeking to Monetize Platform
Popular messaging platform Telegram has announced it is launching a new premium tier of its services as it seeks to monetize a part of its userbase. Reaching more than 700 million active users monthly, the new tier answers to the need of…
Plan B’s Stock-to-Flow Price Model Denounced by Vitalik Buterin, Says Model Can Be ‘Harmful’
For a few years now, the pseudonymous creator of the popular stock-to-flow (S2F) bitcoin price model, Plan B, has become a very well known bitcoin influencer gathering 1.8 million Twitter followers. However, after the S2F price model…