NFT marketplace says no to optional royalties While nonfungible token (NFT) marketplaces such as Ethereum (ETH)-based X2Y2, LooksRare, and Solana (SOL)-based Magic Eden have made the switch over to “optional” creator royalties, a newly launched marketplace is taking a hard stand against it. Find Satoshi Lab, the company behind the popular move-to-earn app StepN has …
Monthly archives: November 2022
Record hash rates may see Big Oil become a major BTC mining player
Surging Bitcoin (BTC) network hash rates are causing problems for mining companies but might be rolling out the red carpet for energy giants. The Bitcoin hash rate, the amount of computing power given to the blockchain through mining, has reached another record peak. According to Blockchain.com, the metric hit an all-time high of 267 exahashes …
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MicroStrategy CEO reiterates ‘long term’ Bitcoin play in Q3 earnings
The third quarter earnings for business intelligence firm MicroStrategy revealed a narrowed net loss of $27.1 million for the quarter, while it continues to grow its Bitcoin (BTC) portfolio despite poor crypto market conditions. The world’s largest publicly traded corporate Bitcoin owner confirmed it still owns 130,000 BTC at the end of Q3 2022. That amount represents …
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Bitcoin Price Prediction – How BTC Could Reach $30k Before 2023
Bitcoin has rallied by around 0.1% in the last 24 hours. The largest cryptocurrency is trading sideways today as traders eagerly awaited the decision to […] Go to Source
Bitcoin hashrate hits all-time high as Bitcoin holds above $20k
Bitcoin’s hashrate has hit a new all-time high of 331EH/s, according to data from Glassnode. Historically there has been a loose correlation between hashrate and Bitcoin’s price spurring debate as to whether hashrate follows price or vice versa. The spike in hashrate comes at a difficult time for miners as some struggle to meet debt …
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Publicly-Listed Bitcoin Miner Argo Blockchain’s Stock Gets Downgraded, Firm Offloads Close to 4,000 Bitmain Miners
On Oct. 31, 2022, the publicly-listed bitcoin miner Argo Blockchain revealed the firm’s attempt to obtain $27 million in a scheduled financing deal fell through. According to the company’s October update, Argo said it did not believe the deal “will be consummated” and now two market analysts have downgraded the company’s shares. Argo Blockchain’s $27 …
Crypto Exchange Coinbase Files Amicus Brief to Support Ripple in SEC Lawsuit Over XRP
Cryptocurrency exchange Coinbase has filed an amicus brief in support of Ripple Labs in the U.S. Securities and Exchange Commission (SEC) lawsuit over xrp. Coinbase’s support is seen as a significant step in the case given that the crypto exchange was among the first trading platforms to delist xrp following the SEC lawsuit. Coinbase Supports …
Leaked Documents Show Facebook and Twitter Working Closely With DHS, FBI to Police Disinformation: Report
The U.S. Department of Homeland Security (DHS) and the Federal Bureau of Investigation (FBI) are reportedly working closely with major social media platforms, like Facebook and Twitter, to police “disinformation.” Leaked documents further show their plans to expand censorship. Leaked Documents Reveal How Department of Homeland Security Plans to Police Disinformation Leaked documents and court …
Battle Infinity Price Prediction for Today, November 2: IBATUSD Makes a Buy-trade Set-Up
Battle Infinity Price Forecast: IBATUSD Shows a Buy-trade Signal (November 2)Today, IBATUSD sends a clear bullish signal that the bulls are still strong. IBATUSD Makes […] Go to Source
Can I Get A Charitable Deduction For My NFT Donation? – Charitable Gifts of NFTs
A question often asked is whether donating NFTs to charity can constitute a tax deduction, and under what circumstances. This article attempts to describe that, […] Go to Source
BTC miner CleanSpark scoops up thousands of miners amid ‘distressed markets’
Sustainability-focused Bitcoin (BTC) mining company CleanSpark has snapped up another 3,843 cryptocurrency miners amid a backdrop of mining industry consolidation. The $5.9 million purchase of the Antminer S19J Pro Bitcoin miners announced by the company on Nov. 1 came at a price of $15.50 per terahash — far cheaper than the current market price of …
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Binance Coin Price Prediction; Will BNB Go Up Or Down?
The BNB/USD daily chart on CoinMarketCap shows that the cryptocurrency market’s valuation has increased significantly and is currently well over the purchase signal side of […] Go to Source
Avalanche Price Hits The $20 Mark; Which Level Will It Test Next?
In September of 2020, the AVAX token was released with an initial price of $4.11. These days, it’s worth around $20, or more than four […] Go to Source
How DeFi has contributed to its own collapse by ignoring security and using poor tokenomics
Early in 2021, decentralized finance (DeFi) drove the explosive expansion of cryptocurrencies, but since then, the value of the crypto market has collapsed. Global markets […] Go to Source
Dogecoin Price Pumping Hard; How High Will It Go?
Dogecoin’s price has been doing incredibly well since Elon Musk bought the entire site for $44 billion the week before, as his tweets have a […] Go to Source