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Month: December 2022
Bitcoin Miners Got Crushed by Crypto Winter. 2023 May Bring More Pain
As margins continue to compress, miners will have to look at how they can participate in “demand response programs,” meaning selling power back to the grid in times of high demand, as well as recapturing heat from mining rigs and using stranded energy, Bulovic said. “Miners who have a real grasp on the processes, policies, regulations and technical know-how of these adjacent industries will gain an edge over the other miners,” he said. Original
What 2023 May Bring for Crypto Regulations
That being said, it’s hard to say this year was anything but a black mark for the industry in the eyes of regulators. The collapse of Terra/Luna, the bankruptcies of basically the entire crypto lender sector (minus Nexo, which still ended up leaving the U.S.), the meltdown of FTX (the largest exchange failure in years) – these are all events that will pressure regulators worldwide. The Facebook (now Meta)-led Libra (later Diem) project and the global backlash to it tells us how regulators may respond as well. It may not…
Enhance the AI-powered crypto trading bot to become a pro trader
A bot is simply an automated program that operates on the Internet and performs repetitive tasks faster than humans. According to some estimates, bots interact with web page users, scan for content, and perform other tasks, accounting for more than half of all internet traffic. Crypto trading bot development follows the same principle and works based on predefined parameters. There will be no missed opportunities. Whether you want to invest in cryptocurrencies or add new coins, you can use the trading bots to buy, sell, or hold assets in a…
Web3 Is Being Used to Preserve History Threatened by Wars
The Black History DAO, which is curated by members of its community, seeks to address the problem of preserving ancient African text, a similar problem literary critic Henry Louis Gates Jr. tried to address years ago, Kennedy said. That project fell short of preserving the Timbuktu manuscripts, after Islamist rebels took control in 2013 and destroyed many of documents. Some, however, were saved and now live online. Source
BlackRock Gives Bankrupt Bitcoin Miner Core Scientific a New $17M Loan
BlackRock, which is Core Scientific’s largest shareholder according to FactSet data, already held $37.9 million in secured convertible notes as of Dec. 28. The latest $17 million is part of the new $75 million convertibles notes, which is part of its prearranged bankruptcy process, the filing says. In a prearranged bankruptcy, the debtor reaches some sort of agreement with its debtee before officially filling for bankruptcy. Original
Blockchain Sistemi Güvenilir Mi? | Okan Bayülgen ile Muhabbet Kralı
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Kripto para teknolojisi. Blockhain sistemi güvenilir mi? Uyku tutmuyor, uykum yok, uyumayı sevmiyorum diyenler “Uykusuzlar Kulübü”nde buluşuyor. Bayülgen ve konuklarının derin sohbetleri, uykusuz saatlerde sizi yalnız bırakmıyor. Bu kulüpte herkes herkesle sohbet ediyor, isteyen kendini sahnede buluyor. Ünlü, ünsüz fark etmiyor, “Uykusuzlar Kulübü”ne herkes girebiliyor. Facebook: #tv100 #okanbayülgen #uykusuzlarkulübü ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Did Michael Saylor buy the Bitcoin bottom for once?
Business intelligence firm MicroStrategy is showing no signs of backing down on its Bitcoin gambit. Right around the time that Sam Bankman-Fried was being exposed as a fraud, MicroStrategy was scooping up more Bitcoin (BTC) — this time, the firm bought as close to the bottom as it’s ever gotten. While Bitcoin can always go lower, seeing a MicroStrategy buy around $17K is refreshing. Interestingly, MicroStrategy also sold some BTC earlier this month — but not for the reason you think (more on that below.) The final Crypto Biz newsletter…
Ethereum Ends 2022 With ATH Correlation To Bitcoin
Data shows Ethereum’s year of high correlation with Bitcoin is coming to an end with the metric hitting ATH values. Ethereum Ends 2022 With All-Time High Correlation To Bitcoin According to the year-end report from Arcane Research, the global markets have all fallen strongly correlated this year. The “30-day correlations” is an indicator that measures how in-tune Bitcoin has been with another asset in terms of price movement over a 30-day period. When the value of this metric is greater than zero, it means there has been a positive correlation…
Companies and investors may need to return billions in funds paid by FTX
The collapse of FTX Group may not yet be the end of its contagious spread, as clawback provisions could force business and investors to return billions of dollars paid in the months leading up to the crypto exchange’s collapse, an insolvency attorney told Cointelegraph. In short, a clawback refers to money paid out that is required to be returned due to special circumstances or events, such as an insolvent company that needs to recover funds paid within 90 days before filing for Chapter 11. If the creditor is an insider,…