Month: July 2022

How Bitcoin Mining Can Hit Climate Goals Using Stranded Energy

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Some Bitcoin mining companies are claiming to be going green. With energy consumption at the forefront of the crypto community, Quicktake looks at how one company is using stranded energy to hit the goals of the Crypto Climate Accord. Like this video? Subscribe: #Crypto #Bitcoin #BitcoinMining #Explained Bloomberg Quicktake is a global streaming news network for a new generation of leaders and professionals. Our coverage spans your whole world, from your career ambitions to your personal passions and larger societal concerns. We…

Bitcoin futures data shows 'improving' mood' despite -31% GBTC premium

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CME futures data combines with numbers from derivatives platforms to suggest that investors are getting less fearful. Bitcoin (BTC) traders may be nervous going into the Federal Reserve rate hike decision, but research suggests that the bulls are broadly gaining ground. In a fresh update on July 26, analytics firm Arcane Research flagged what it calls “improving” sentiment among institutional traders. Caution mixed with “improving sentiment” While attention has focused on the likelihood of a deeper macro low for BTC/USD to come, it appears that not every investor cohort is…

Ethereum’s Mainnet Shadow Fork 10 Goes Live Ahead of September Merge

Ethereum’s tenth shadow fork went into effect yesterday, 26 hours earlier than expected, as the network continues to run tests ahead of the anticipated merge from proof-of-work to proof-of-stake. In preparation, Ethereum has been undergoing a series of test forks which copy data from the main network (mainnet) to a test environment network (testnet). Source

Polygon Price Feels The Heat As MATIC Retreats To $0.60

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After its bullish shindig seen last week, Polygon (MATIC) price is now going the opposite direction as it continues to plunge to $0.60. MATIC is seen to have plummeted by more than 20% in comparison to its peak high of $0.97 as seen in the past couple of days. The coin’s price has dropped below the support line of $.080 and shows no sign of a slowdown. The MATIC/USD has declined by 3.66% or at $0.74 as of this writing. CoinMarketCap is also showing a 10% slump in the 24-hour…

Komainu Receives Provisional Virtual Assets License in Dubai

Komainu, a joint venture between Japanese investment bank Nomura, digital asset manager CoinShares and digital asset security company Ledger founded in 2018, has already established a firm foothold in the Asia-Pacific region and is eyeing an expansion into the Middle East, according to Sebastian Widmann, Komainu’s head of strategy. Source

What Sports and Crypto Fans Have in Common

Blockchain platforms are all about trust, and few domains are more lacking in trust than event ticketing. For proof, check out the exorbitant fees that secondary markets like StubHub charge to help fans avoid being cheated. Such fees will go away once ticketing is moved on chain, and may instead be replaced by a recurring royalty that helps cut down on scalping going back to the venue. Source