The LUNA/UST affair has caused discrepancies in the BTC-stablecoin trading pairs on different global cryptocurrency exchanges. Cryptocurrencies are still feeling the effects of the TerraUSD disaster, with markets continuing to suffer significant losses. Related Reading | TA: Bitcoin Breaks $30K, Why This Could Turn Into Larger Downtrend While Tether (USDT) traded under $0.99, showing a sign of stress – Paolo Ardoino, Tether and Bitfinex’s chief technology officer, took to Twitter to assure people that 300 million UDST tokens had been redeemed at their $1 peg over 24 hours. Reminder that…
Month: May 2022
First Mover Americas: BTC Drops to 2020 Levels of $25K; Tether Loses $1 Peg
CryptoX – Cryptocurrency Analysis and News Portal The latest moves in crypto markets in context for May 12,2022. Source The post First Mover Americas: BTC Drops to 2020 Levels of $25K; Tether Loses $1 Peg appeared first on CryptoX. CryptoX Portal
Chainalysis announces $170M funding round, platform now valued at $8.6 billion
Chainalysis, a blockchain analytics provider, has announced its $170 million Series F funding round. The fresh funding succeeded its $100 million raise back in June 2021 and more than doubly exceeded its valuation of $4.2 billion at the same time. The raise was led by Singaporean sovereign wealth fund GIC and further participated in by investors Accel — who previously led Chainalysis’ $30 million Series B round in 2019, as well as Blackstone, Dragoneer and FundersClub. Bank of New York Mellon and Emergence Capital also participated in the round as first…
Bitcoin 2022 Conference – Mining Stage – General Admission Day 2
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin 2022 Conference – Mining Stage – General Admission Day 2 This content is supported by Bitdeer Group. The World’s Leading Crypto Mining Platform – 0:00:00 – Mining Bitcoin with Renewables 0:48:47 – Blockstream Announcement 1:03:44 – Is ESG an Attack on Bitcoin? 2:33:54 – Canaan Announcement 2:52:47 – Building New Grids 3:34:31 – (Home) Mining for the Streets 4:19:40 – Cosmic Bitcoin Mining 5:03:42 – Started (Mining) From the Bottom Now We Here Use promocode FOMO for 10% off everything in…
MicroStrategy’s bitcoin bet looks shaky and is now underwater
Rafael Henrique | LightRocket | Getty Images MicroStrategy, the enterprise software maker that’s bet big on bitcoin over the past two years, is now underwater on its holdings of the world’s largest cryptocurrency due to the market tumble. Bitcoin traded around $28,000 apiece on Thursday morning, recovering somewhat from earlier losses that brought the digital token below $27,000. Just last week, it touched a recent high around $40,000. Its all-time high, just below $69,000, was reached in November. MicroStrategy’s cost basis was roughly $30,700 per bitcoin, as of March 31,…
How blockchain archives can change how we record history in wartime
Decentralized blockchain technology has been around for a relatively short period of time, in the grand scheme of things, but its decentralized nature has the power to keep data and information out of the hands of censors looking to create a “safe” and “faultless” version of history. Blockchain is permissionless and literally owned by no one. So, while we can’t save the Alexandria libraries of the past, we can make sure the future is well equipped with the tools necessary to preserve historical records. Here we’ll look at some of…
Global Crypto Regulatory Body Is Coming Soon, Says Top Official
A joint body tasked with coordinating crypto regulation globally is sorely needed and could become a reality within the next year, according to Ashley Alder, chair of the International Organization of Securities Commissions (IOSCO), an association of market regulators. Source
First Mover Americas: BTC Drops 2020 Levels of $25K and Tether Loses $1 Peg
The latest moves in crypto markets in context for May 12,2022. Source
Bitcoin’s Fall Under $28K Triggers Another $1.2 Billion Liquidations
The total crypto market cap is down over 13% in the past 24 hours Bitcoin fell as low as $26,000 for the first time since December 2020 Tether slightly depegged amid the ongoing market crash and UST debacle Over $300 Billion was wiped out from the crypto market over the past two days alone The massive slump in the cryptocurrency market continued on Thursday as the leading digital token by trading volume Bitcoin dipped below $28,500. Data from the daily charts on TradingView also showed that BTC touched a 2-year…
Soluna Receives $35M From Spring Lane to Build Green Data Centers
The money brings Soluna’s total funding for data centers co-located with renewable energy assets to $100 million. Source