Bitcoin Is in a Narrow Range as BTC Price Holds Above 20K – August 31, 2022 After the price slump on August 28, BTC/USD is confined to a range as BTC price holds above 20K. Bitcoin is in a range-bound move between $19,540 and $20,500 price levels. Buyers and sellers are in a price tussle …
Monthly archives: September 2022
Coinbase Cloud launches Solana Archival Nodes to empower the Solana developer community
by Coinbase Cloud team Coinbase Cloud’s Solana Archival Nodes can examine historical address balances, run complex queries, and simulate the blockchain state at any given point in the chain’s history. Coinbase Cloud previously launched secure, dedicated Solana infrastructure nodes via Query & Transact, allowing builders to access and verify data and transaction information from the …
Building a Python ecosystem for efficient and reliable development
Tl;dr: This blog post describes how we developed an efficient, reliable Python ecosystem using Pants, an open source build system, and solved the challenge of managing Python applications at a large scale at Coinbase. By The Coinbase Compute Platform Team Python is one of the most frequently used programming languages for data scientists, machine learning …
Continue reading “Building a Python ecosystem for efficient and reliable development”
A simple guide to the web3 developer stack
A guide to the projects and companies working to make web3 development as easy as web2 Around the Block, from Coinbase Ventures sheds light on key trends in crypto. Written by Jonathan King, Connor Dempsey, & Hoolie Tejwani Special thanks to Mike Armstrong, Aaron Henshaw, Michael Atassi, Steven Willinger, and Shan Aggarwal for helping to …
Continue reading “A simple guide to the web3 developer stack”
Bitcoin Mining Revenue Surged 10% In August
The first monthly gain since March, bitcoin mining revenue increased 10% in August. Bitcoin Mining Revenue Soars Approximately $657 million was earned by miners last month, according to statistics gathered by The Block Research. In the most recent update published on Wednesday, the difficulty of mining bitcoin increased by 9.26% while the hash rate increased …
Continue reading “Bitcoin Mining Revenue Surged 10% In August”
Bitcoin Marks 9th Consecutive Month Of Sluggish Funding Rates
Bitcoin funding rates for the past two months have entered one of their worst streaks yet. During this time, there have been no positive funding rates, and the best that the market has seen has been funding rates at a neutral level. However, even now, reaching neutral levels have proved incredibly hard for funding rates, …
Continue reading “Bitcoin Marks 9th Consecutive Month Of Sluggish Funding Rates”
Bitcoin Slumps Below $20,000. Market Fear Springs
For the longest stretch of days since the cryptocurrency market was shaken by unrest in July, Bitcoin has dropped below US$20,000 for a sixth straight trading session. On Thursday, the value of the biggest cryptocurrency dropped as much as 3.1% to $19,577. Bitcoin In Free Fall The largest cryptocurrency by market capitalization has been in …
Continue reading “Bitcoin Slumps Below $20,000. Market Fear Springs”
GMX Token Top Arbitrum Network, How Far Can It Go?
The price of the GMX token has shown so much strength despite the downtrend across the market, with the GMX token eyeing a rally to its all-time high of $60. Bitcoin’s (BTC) price has shown less steam compared to recent times, this has affected most crypto assets, but this can not be said of GMX …
Continue reading “GMX Token Top Arbitrum Network, How Far Can It Go?”
Bitcoin Derivatives Reserve Surges Up, More Volatility Soon?
On-chain data shows the Bitcoin derivatives exchange reserve has surged up recently, a sign that the crypto may face more volatility in the near future. Bitcoin Derivatives Exchange Reserve Observes Uplift Over Last Two Days As pointed out by an analyst in a CryptoQuant post, conditions seem to be brewing up in the BTC market …
Continue reading “Bitcoin Derivatives Reserve Surges Up, More Volatility Soon?”
Tether requests Roche Freedman to be booted from class action
USDT-issuer Tether wants law firm Roche Freedman “terminated” as counsel from the Bitfinex and Tether class action lawsuit following a motion from Kyle Roche to be removed as counsel in the case. In an Aug. 31 court order request by Elliot Greenfield of Debevoise & Plimpton LLP, the law firm representing Tether and Bitfinex requested …
Continue reading “Tether requests Roche Freedman to be booted from class action”
ConsenSys unveils green NFTs to commemorate Ethereum Merge
ConsenSys, a leading blockchain software technology company, has announced its plan to unveil green NFTs on Ethereum after Merge. The protocol unveiled the plan in a Thursday blog post on its official handle. The green NFTs are manifested to commemorate the successful transition of the community to the proof-of-stake (PoS) consensus mechanism. According to ConsenSys, …
Continue reading “ConsenSys unveils green NFTs to commemorate Ethereum Merge”
Armbrus studio picks Immutable X to initiate web3 game
The pioneer Layer 2 scaling solution on Ethereum, Immutable X, has announced that Ambrus Studio has chosen the firm to usher a new generation of gamers into Web 3.0. According to the announcement, Ambrus studio is tasking Immutable X to preserve its values of adopting carbon-neutral NFTs while providing a stress-free trading experience. As part …
Continue reading “Armbrus studio picks Immutable X to initiate web3 game”
New Canvass to launch NFT collection on Polygon
New Canvass has revealed plans to initiate its forthcoming NFT and Social token drop for its Lustration Project on the Polygon blockchain. Polygon confirmed this development in a blog post today while unveiling the token as $LSTR. According to the post, the Lustration project drives a popular animation VR series in the fictional afterworld known …
Continue reading “New Canvass to launch NFT collection on Polygon”
Microstrategy Co-founder in legal trouble over tax evasion
Microstrategy co-founder Michael Saylor has been accused of evading tax, amounting to $25 million. In a filing by the Attorney General of Columbia District, Karl Racine, the co-founder, allegedly used the firm to evade the district taxes successfully. The attorney general accused Saylor of providing deceitful information about his housing properties. The accused had earlier …
Continue reading “Microstrategy Co-founder in legal trouble over tax evasion”
Crypto Trader Predicts Over 60% Crash for One Ethereum-Based Altcoin, Unveils Outlook for Bitcoin and Cardano
A widely followed crypto trader is expressing bearish sentiment toward one Ethereum-based altcoin while revealing his forecast for Bitcoin (BTC) and Cardano (ADA). The pseudonymous crypto analyst known as Altcoin Sherpa tells his 182,400 Twitter followers that the native token of Lido DAO (LDO), the decentralized autonomous organization (DAO) behind the Lido Ethereum staking protocol, …