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Bitcoin whales still ‘hibernating’ as BTC price nears K

Bitcoin whales still ‘hibernating’ as BTC price nears $21K

[ad_1] Bitcoin (BTC) hit $21,000 for the first time in several days on July 15 as markets enjoyed what one trader called “summer relief.” BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Altcoin rebound eyed as BTC price adds 11% Data from Cointelegraph Markets Pro and TradingView showed BTC/USD grinding higher overnight to just tap the $21,000 […]

Bitcoin whales still ‘hibernating’ as BTC price nears $21K Read More »

Vermont Regulator Says Crypto Lender Celsius Is ‘Deeply Insolvent’

Vermont Regulator Says Crypto Lender Celsius Is ‘Deeply Insolvent’

[ad_1] Vermont’s Department of Financial Regulation (DFR) alleged that troubled cryptocurrency lender, Celsius Network is ‘deeply insolvent’ and does not have enough “assets and liquidity to honor its obligations to account holders and other creditors.” Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading,

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Bitfinex to Donate .3 Million Worth of BTC and USDT to Communities in El Salvador – Bitcoin News

Bitfinex to Donate $1.3 Million Worth of BTC and USDT to Communities in El Salvador – Bitcoin News

[ad_1] The crypto exchange Bitfinex announced on Thursday that the trading platform plans to donate 36 bitcoin and $600K worth of tether tokens to help bolster communities and small businesses located in El Salvador. According to Bitfinex, the funds will initially target small businesses in Salvadoran communities located in Apopa, Ilopango, and Soyapango. Donated Funds

Bitfinex to Donate $1.3 Million Worth of BTC and USDT to Communities in El Salvador – Bitcoin News Read More »

Quantum Generation and Plato to deploy a space-based quantum network by 2027 » CryptoNinjas

Quantum Generation and Plato to deploy a space-based quantum network by 2027 » CryptoNinjas

[ad_1] Quantum Generation (QG), a space-based decentralized banking, exchange, data storage, and social platform, announced today with Plato, an open intelligence repository and platform that curate’s the latest data intelligence, that the two teams will deploy a decentralized space-based quantum network by 2027. The Qubit Blockchain from Quantum Generation was the first testing node launched

Quantum Generation and Plato to deploy a space-based quantum network by 2027 » CryptoNinjas Read More »

Ankr Unveils Its Biggest Upgrade, Ankr Network 2.0, to Truly Decentralize Web3’s Foundational Layer

Ankr Unveils Its Biggest Upgrade, Ankr Network 2.0, to Truly Decentralize Web3’s Foundational Layer

[ad_1] San Francisco, United States, 15th July, 2022, Chainwire Ankr, one of the world’s leading Web3 infrastructure providers, is delighted to introduce Ankr Network 2.0, described in the new whitepaper as a “Decentralized marketplace for Web3 infrastructure.” The upgrade brings a full suite of decentralized products and services that serve as the critical infrastructure behind

Ankr Unveils Its Biggest Upgrade, Ankr Network 2.0, to Truly Decentralize Web3’s Foundational Layer Read More »

.19B Deficit Hole Listed on Balance Sheet: Celsius Network

$1.19B Deficit Hole Listed on Balance Sheet: Celsius Network

[ad_1] A $1.19 billion deficit was listed on Celsius Network’s balance sheet in a court filing on Thursday. “The amount of digital assets on [Celsius’s] platform grew faster than the company was prepared to deploy. As a result, the company made what, in hindsight, proved to be certain poor asset deployment decisions,” Chief Executive Alex Mashinsky

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BTC mining costs reach 10-month lows as miners use more efficient rigs

BTC mining costs reach 10-month lows as miners use more efficient rigs

[ad_1] The cost of mining one Bitcoin (BTC) has fallen to ten-month lows as mining hardware becomes more efficient, and difficulty has dropped 6.7% since its May peak. On July 13, strategists from JPMorgan led by Nikolaos Panigirtzoglou told investors that Bitcoin production costs have fallen to around $13,000 from $24,000 at the beginning of

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MakerDAO Adds Société Générale to Its Vaults

MakerDAO Adds Société Générale to Its Vaults

[ad_1] Key Takeaways MakerDAO just voted to approve the creation of a real-world asset vault dedicated to Société Générale’s digital asset subsidiary. By depositing OFH tokens as collateral, Société Générale–Forge will be able to borrow up to 30 million DAI. MakerDAO can currently loan up to 171 million DAI to real world assets; it also

MakerDAO Adds Société Générale to Its Vaults Read More »

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