Month: March 2022

Terra, Avalanche and Osmosis lead the L1 recovery while Bitcoin searches for support

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The layer-one (L1) ecosystem has received increased attention in recent months as users search for new investment opportunities in the Cosmos (ATOM), Fantom (FTM) and NEAR.  Following January’s market sell-off, where Bitcoin (BTC) price dropped to bottom below $34,000, much of the L1 field has struggled to regain its momentum. Price performance of L1 tokens since Jan. 24. Source: Delphi Digital According to data from Delphi Digital, since the BTC bottom on Jan. 24, the only L1 to experience a notable gain in price include Terra (LUNA), Avalanche (AVAX) and…

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Bitcoin Miner Mawson Inks Hosting Deals With Celsius Mining and Foundry Digital – Mining Bitcoin News

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The bitcoin mining operation Mawson Infrastructure Group (MIGI) has started to make hosting deals with key players in the mining industry. On March 1, Securities and Exchange Commission (SEC) documents show that Mawson signed a 100-megawatt (MW) co-location agreement with Celsius Mining. Three days later, Mawson announced a 12-megawatt (MW) co-location deal with Foundry Digital. Mawson Signs Co-Location Deals With Celsius Mining and Foundry Digital Mawson Infrastructure Group is making moves within the bitcoin mining industry as the company has recently partnered with Celsius Mining and Foundry Digital. Bitcoin.com News…

Was Mining Worth It or Should I Have Just Bought Crypto?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Was Mining Worth It or Should I Have Just Bought Crypto? I could have bought Bitcoin, Ethereum, and other cryptocurrencies but I chose to mine most coins. So lets review if its better to mine or buy cryptocurrency! Buy the BEST mining rig here – Here’s how to buy the best HNT miner Bobcat Helium Miner 300 – Reviewing the best Helium HNT miner to buy – Learn more about the best Helium miner on VoskCoin blog – Mini Panther DAO –…

Impermanent loss challenges the claim that DeFi is the ‘future of France’

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Impermanent loss is one of the most recognized risks that investors have to contend with when providing liquidity to an automated market maker (AMM) in the decentralized finance (DeFi) sector. Although it is not an actual loss incurred from the liquidity provider’s (LP) position — rather an opportunity cost that occurs when compared with simply buying and holding the same assets — the possibility of getting less value back at withdrawal is enough to keep many investors away from DeFi. Impermanent loss is driven by the volatility between the two…

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NFT Sales Tumble 29% This Week, Searches for Metaverse-Related Terms Plunge – Markets and Prices Bitcoin News

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The past week’s non-fungible token (NFT) sales have dropped again, following the last few weeks of diminishing volumes. Across 14 blockchains that support NFTs, sales have slipped 29.46% lower than the week prior. Despite the drop in NFT sales volume, NFT sales stemming from the Arbitrum network spiked by 97.53% this week. NFT Interest and Sales Nosedive According to Google Trends (GT) data, interest in NFTs has dive-bombed, as the search query for the term “NFT” slid from a score of 100 on GT during the first month of 2022,…

Bitcoin Activity Soars Post SWIFT Ban On Russia, BTC At Crucial Spot?

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Bitcoin has found temporal support at $39,000, but buyers have been scarce as the market enters into weekend price action. Uncertainty around macro factors seems to be growing with the Russia-Ukraine conflict contributing with the selling pressure experience by BTC and larger cryptocurrencies over the past days. Related Reading | Market Update: Crypto Market Rebounds As Tech firms Boycott Russia At the time of writing, Bitcoin trades at $39,168 with a 4.2% loss in the past 24 hours. BTC moving sideways on the 4-hour chart. Source: BTCUSD Tradingview The benchmark…

Coinbase CEO Brian Armstrong Says Crypto Exchange Won’t Ban All Russian Investors – But There’s a Catch

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Coinbase’s chief executive says that the leading US-based crypto exchange platform doesn’t have plans to ban all of its Russian users, but the statement comes with one caveat. CEO and billionaire Brian Armstrong tells his one million Twitter followers in a lengthy thread that Coinbase is not looking to impose an outright ban on Russian users. “We are not preemptively banning all Russians from using Coinbase. We believe everyone deserves access to basic financial services.” However, Armstrong highlights that the crypto exchange’s stance can change at a moment’s notice. According…

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