by abhinav agarwal | Dec 6, 2022 | Uncategorized
Bitcoin miners are being caught between rising costs and the lower price of bitcoin. Original Source: coindesk Bitcoin Mining Difficulty Drops Most Since July 2021 as Crypto Winter Cuts Profitability
by abhinav agarwal | Dec 6, 2022 | Uncategorized
Standard Chartered Bank says the price of bitcoin could drop to $5,000 next year. The bank’s analyst explained that cryptocurrencies could fall further and more crypto firms could “succumb to liquidity squeezes and investor withdrawals.” Standard...
by abhinav agarwal | Dec 6, 2022 | Uncategorized
Ether’s annualized inflation rate previously dropped below zero following the collapse of FTX-induced market volatility, which spurred a rise in Ethereum network usage. The positive inflation rate indicated ETH being minted outpaced being burned. Original...
by abhinav agarwal | Dec 5, 2022 | Uncategorized
Nexus Mutual, which offers an insurance alternative for decentralized finance traders, deposited some $19 million in ETH to Maple’s wrapped ether credit pool, which was rocked by Orthogonal Trading’s recent default. Original Source: coindesk DeFi Risk-Sharing Protocol...
by abhinav agarwal | Dec 5, 2022 | Uncategorized
The structure was built by Ghanian workers compensated in bitcoin, on land donated by local communities. Original Source: coindesk Built With Bitcoin Foundation Opens New Technology Center in Ghana