Ethereum hits new ATH after Altair upgrade shows clear path to the merge

The price of Ethereum (ETH) has bounced to a new all time high (ATH) today as it hit $4,400.97 at around 1:02 am UTC, according to the ETH/USD price indexs on Coinbase and Coinmarketcap. At the time of writing, ETH is currently priced at $4,380, with the asset surging around 46.6% since the start of …

Immersive cooling tech could help Bitcoin mining go green by 2030

Immersive cooling technology may help with the transition to zero-emission Bitcoin mining Bitcoin Mining Council (BMC) member Hass McCook told Cointelegraph.  McCook, known online as Friar Hass, believes the industry is on track to hit the goal by 2030. Immersive cooling involves submerging Bitcoin mining ASICs into a specialized cooling fluid, which absorbs and recycles …

Cathie Wood’s ARK snaps up $80M Robinhood shares after crypto led price dip

ARK Invest, the investment management firm focused on innovative tech led by Cathie Wood, took advantage of a dip in the price on Wednesday to buy nearly $80 million worth of Robinhood stock. As per daily trading data, Wood’s ARK purchased a total of 2.24 million shares of Robinhood across three of Ark’s ETF funds, …

MicroStrategy added 9,000 BTC last quarter, its stash is now worth $7 billion

MicroStrategy added almost 9,000 Bitcoin to its holdings in Q3, bringing its total BTC stash to a valuation of around $7 billion. The company highlighted the purchase of 8,957 BTC in its Q3 report on Oct. 28, with the firm’s perma-bull CEO Michael Saylor stating that there is more BTC accumulation to come: “Today, MicroStrategy …

Shanghai Man: Inside Blockchain Week’s private parties, Vitalik’s speech, and Gate.io climbs the ranks

This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.   This week, Wanxiang Blockchain hosted its annual Shanghai Blockchain Week, an event that usually brings together the government, enterprise, academic and degen side …

Coinbase Ventures 2021-Q3 activity and takeaways

Around the Block from Coinbase Ventures sheds light on key trends impacting the crypto ecosystem. In this edition, the Ventures team provides an update on Coinbase Ventures activity in 2021-Q3, and key learnings from around the industry. Coinbase Ventures (or “Ventures”) has grown into one of the most active VC investors in crypto by deal …

El Salvador Calls Another Bitcoin Dip With $25 Million Purchase

El Salvador has once again deepened its bitcoin bet with another purchase. The sovereign nation had made history as the first to officially implement bitcoin as a legal tender back in September. To mark the historical moment, President Nayik Bukele had announced that the country had bought 200 bitcoins. A promise to purchase more followed …

Central Bank of France Tests Blockchain-Backed CBDC Targeting Debt Market

As the adoption of digital assets is becoming more mainstream, some countries are awakening to join the flow. This has borne the desire to get a central bank digital currency, CBDC, by some countries. One of such countries is France. For some months, the Central Bank of France has explored a central bank digital currency …

Shiba Inu (SHIB) Breaks 8th Place In Crypto Top 10 With Unprecedented Rally

Shiba Inu is arguably one of the most talked-about cryptocurrencies in the space now. The meme coin had managed to crawl out of growing obscurity to the forefront of the crypto market. While the broader market has suffered alongside top cryptocurrency bitcoin, Shiba Inu has had other plans. Carving out its own growth pattern, the …

Bitcoin Takes A Pause As Futures Cooldown, Why BTC Is Clear For Take Off

Bitcoin broke back above the $60,000 levels and records moderate profits in the past day. The benchmark crypto trades at $61,483, at the time of writing, with 4% profits in the daily chart and a 7% loss in the weekly. BTC with moderate profits in the daily chart. Source: BTCUSD Tradingview Bitcoin has slowed down …

Shanghai Man: Inside Blockchain Week’s private parties, Vitalik’s speech, and Gate.io climbs the ranks – Cointelegraph Magazine

This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.   This week, Wanxiang Blockchain hosted its annual Shanghai Blockchain Week, an event that usually brings together the government, enterprise, academic and degen side …

Cosmos Primed To Ignite Parabolic Rally While Glory Awaits One Low-Cap Altcoin, Says Crypto Analyst Pentoshi

Widely followed crypto strategist Pentoshi is anticipating rallies from Cosmos (ATOM), Bitcoin (BTC), and one low-cap DeFi altcoin. The crypto analyst tells his 324,700 Twitter followers that the smart contract platform Cosmos (ATOM) looks ready to outperform the crypto market over the next few weeks. ADVERTISEMENT   As the token finds support around 0.0006 BTC …

Global Regulatory Watchdog Updates Crypto Guidance for Governments, Targets DeFi and NFTs

A prominent global anti-money laundering (AML) agency called the Financial Action Task Force (FATF) is updating its guidance for the virtual asset sector. In a document published Thursday, FATF detailed further regulation clarifications on six key crypto topics. These subjects include the definition of virtual assets (VA) and virtual asset service providers (VASPs), stablecoin guidance, …

Here’s How Low Bitcoin May Go If Deep Correction Plays Out, According to Top Crypto Analyst

A widely followed crypto market analyst is laying out potential scenarios for a Bitcoin (BTC) correction before taking off to new all-time highs. The analyst known as Cred says Bitcoin could potentially plunge below $52,000 if the market is overleveraged. ADVERTISEMENT   “If we’re gonna dip deeper and weekly market structure is constructive, where can …

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