Genesis Digital Expands in US With 300MW Bitcoin Mining Facility in Texas

“As we continue our rapid expansion plans in the United States, we remain committed to our sustainability and social commitments, by identifying ways to power our industrial-scale bitcoin mining farms with renewable energy and create job opportunities for the local communities in which we operate,” Executive Chairman and co-founder Abdumalik Mirakhmedov said in the statement. Source

Goldman Sachs Analysts Shoot For Ethereum At $8,000 With Expected 80% Rally

Ethereum recently hit a new all-time high following a tremendous bull run alongside top crypto bitcoin. The altcoin has enjoyed glowing success as the market turns to the upside in terms of sentiment. This has helped push ETH and countless altcoins towards new highs in the market. Expectations have been on the rise following this success and Goldman Sachs market analysts believe there are merits to the expectations. Ethereum’s rally towards $4,400 has set it on a path for even greater value. Faith in the asset has been on the…

Sketching the boundaries of regulatory mandates, Oct. 25 – Nov. 1

The Securities and Exchange Commission could be emerging victorious in the race to secure the leading role in regulating stablecoins. Additional clarity on the demarcation of regulatory mandates between the SEC, Commodity Futures Trading Commission and the Treasury Department could come from the President’s Working Group for Financial Markets’ (PWG) report that was expected by the end of October but failed to arrive before the end of last week. The mandate to regulate cryptocurrency in the United States remains dispersed across a host of actors, and a single PWG report…

Nearly $38,000,000,0000 in Bitcoin Have Left Crypto Exchanges Since February 2020: Digital Asset Insights Firm Glassnode

Blockchain analytics firm Glassnode reveals that Bitcoin’s supply on crypto exchanges is in a sustained downtrend since early 2020 as users withdraw BTC at a staggering rate. Glassnode tells its 368,300 Twitter followers that 617,000 BTC, currently worth $37.97 billion, have moved out of crypto exchanges in a span of 20 months.   The crypto insights firm notes that the Bitcoin balance on exchanges has plunged from 3.09 million BTC ($190.01 billion) in February 2020 to 2.47 million BTC ($152.02 billion) in October 2021, marking a 20% decrease in less…

Creating lasting business models for artists

It could be argued that nonfungible tokens, or NFTs, have been a concept since 2012. For instance, the inception of “Colored Coins” in 2012 may have laid the groundwork for NFTs today, as this project demonstrated how the Bitcoin (BTC) blockchain could be used as a transaction mechanism for real-world assets. Fast forward to 2017, a time when CryptoKitties became one of the most popular decentralized applications, or DApps, ever built on Ethereum. CryptoKitties was described in 2017 by Ryan Hoover, founder of Product Hunt, as “the first Ethereum-based decentralized…

The Tragedy of the Third Coin

Today, ADA, BNB and XRP sit behind tether (USDT) – a stablecoin with massive volume and not a third coin in my sense – waiting their turn for the number three spot. Behind them waits solana (SOL), a third-coin-in-waiting if ever there was one. It is an Ethereum-killer, mildly decentralized or mostly centralized depending on your view, has low fees, fast transactions and squarely targets the investor who just wants to buy non-fungible tokens (NFTs) without paying obscene gas to do so. Source

COMO COMENZAR EN CRYPTO CARS Y OTROS BLOCKCHAIN GAMES

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Hoy les doy una pequeña guia de comenzar a invertir en Crypto cars y otros NFTs blockchain games. #Thegamehuntah #blockchain #Cryptocars Link del Juego: Contrato BSC: — 😻 APOYAR AL CANAL ES GRATIS Y FACIL 😻 Para comenzar en Blockchain games y criptomonedas necesitas abrir tu cuenta en algun portal para trading. Te recomiendo: 💲 Link de Referencia de Binance: (Nos vamos 10% tu y yo por la referencia) 💲 Link de Referencia de Buda (LATAM): — 💲 Links interesantes: Ape Swap:…

Burger King Giving Away Bitcoin, Ether, Dogecoin in Partnership With Robinhood – News Bitcoin News

Burger King is giving away 20 bitcoin, 200 ether, and two million dogecoin this month in partnership with trading platform Robinhood. “Each entrant may receive up to 21 Prize Codes” that can be redeemed for cryptocurrencies on Robinhood. ‘Burger King With a Side of Crypto’ Fast food restaurant chain Burger King has announced “Burger King with a side of crypto,” its newest offer for Royal Perks members. To be eligible to participate, customers must “make a minimum $5.00 pre-tax Burger King (‘BK’) food and/or beverage purchase” either online at BK.com,…

Crypto​.com is the #1 app in the Google Play Store in the US

Cryptocurrency exchange Crypto.com now tops the charts as the most downloaded app for the U.S. Google Play Store across all categories. According to the most recent list of Google Play Store’s top free apps, Crypto.com’s app has surged in number of downloads to jump to the 1st position ahead of TikTok. Coinbase’s app sits at 3rd ahead of Cash App, while Voyager Digital is 10th following the trading platform’s announcement it would be partnering with the Dallas Mavericks basketball team. Crypto.com’s rising popularity could be the result of the exchange…

GSR Turns Up DeFi Activity in Strategic Shift

Crypto market maker GSR is going big on decentralized finance (DeFi) after concluding that decentralized exchanges (DEXs) like Uniswap will prevail over the firm’s centralized partners. Head of DeFi Jake Dwyer told CoinDesk his unit is already moving $1 billion daily on Ethereum- and Solana-based DEXs. DeFi trades account for 20% of GSR’s daily activity; centralized exchanges, GSR’s historical focus, contribute the rest. Those shares are poised to flip in a hurry. GSR is plugging into more chains (Polygon, Avalanche, Celo and Arbitrum go online week) hiring more DeFi staffers…