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Day: March 5, 2023
US bitcoin miner, Riot Platforms, responds to the White House OSTP request for information
Riot Platforms, a bitcoin (BTC) only mining firm in the United States, has responded to the White House Office of Science and Technology Policy’s (OSTP) request for information (RFI) on bitcoin, the transactional blockchain network that’s also the world’s largest by market capitalization. Riot Platforms responds to White House OSTP’s RFI In a tweet shared by Pierre Rochard, the vice president of research at Riot Platforms, the bitcoin miner provided important details they claim to have learned about the Bitcoin invention. These spanned from the “tremendous” value the network has…
NFT Sales Dip by 32% in the Last Week, Ordinals Squeeze Into Top 10 Collections via Emblem Vault – Markets and Prices Bitcoin News
After a significant spike in February, sales of non-fungible tokens (NFTs) in the last seven days are 32.32% lower than last week. Of the 19 different blockchains, Ethereum accounted for $148.56 million out of the total $186.20 million in NFT sales settled this week. NFT Sales Decline Following February Spike in Digital Collectible Purchases During the past seven days, NFT sales totaled $186.20 million among 760,857 buyers. Although the number of buyers increased by 55.41% last week, sales volume decreased by 32.32%, and NFT transactions fell 91% compared to the…
Voyager Digital dumps 1,449 ETH as the SEC opposes the $1b Binance US takeover deal
On Mar. 4, Voyager Digital, the bankrupt crypto broker, sold 1,449 ethereum (ETH) via Wintermute, a crypto market maker and a proprietary trading platform, and received 2.25m USDC, a stablecoin. Voyager Digital is selling tokens Per onchain data on Mar. 4, Voyager Digital remains one of the largest crypto whales. The broker holds 148,774 ETH worth over $233.5m, 5.17t SHIB, worth $57.78m, 1.44m LINK estimated at $10m, and other tokens and coins, including avalanche (AVAX) and STMX. The liquidation comes when ETH prices are under pressure, sliding from recent highs…
OCTA: Bitcoin March Forecast
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Silvergate terminates crypto payments network as shares plunge to record low
Crypto bank Silvergate has discontinued its digital assets’ payment network because it is a “risk-based decision.” The announcement comes after the bank’s stock fell over 59% last week due to fears of a potential bankruptcy. Silvergate terminates exchange network Silvergate announced on its website on Mar. 4 that it had closed the Silvergate Exchange Network (SEN). All other deposit-related services remain operational. SEN allows the bank’s institutional investors and digital currency clients to transfer U.S. dollars between their accounts 24/7. Silvergate also provides a stablecoin infrastructure platform, digital asset custody…
How Foundry Became The World’s Top Bitcoin Mining Pool with Kyle Schneps
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Can blockchain help combat climate change?
With rising temperatures, melting ice caps and more frequent and intense extreme weather events, the effects of climate change are becoming more and more obvious. There is an urgent need to prevent climate change, and numerous technologies and methods are being investigated to do so. Blockchain technology is one of these possibilities, and it has the potential to be very effective in the fight against climate change. At its core, blockchain is a decentralized ledger that can securely and transparently record transactions and store data. This technology has already been…
Bitcoin price faces ‘last stand’ as weekly close threatens $22K retest
Bitcoin (BTC) stayed near key support on March 5 as the weekly candle close brought fresh fears of a breakdown. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst warns over fate of $20,000 Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it continued to move in a tight range over the weekend. The pair had remained practically stationary since its abrupt fall on March 3, triggered by a margin call amid uncertainty over Silvergate Bank. The streak has been broken pic.twitter.com/TY5w7NAKWw — Daan Crypto Trades (@DaanCrypto) March 4, 2023…
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