Ethereum
MakerDAO Paves Way for Additional $1.28B U.S. Treasury Purchase
The protocol’s community voted for onboarding a new real-world asset vault that would invest up to the additional amount in U.S. Treasury bonds. Source link
Year: 2023
Bitcoin
Canaan Mining Company Reports Consequent Declining Revenue
Despite the recovery in the broader crypto market, mining company Canaan has reported a fall in revenue. It has also reduced its Bitcoin (BTC) holdings. Mining companies were largely hit in last year’s crypto winter. […]
Market Analysis
Cryptos Unmoved as Nonfarm Payrolls Rise to 294,000 in May
US nonfarm payrolls rose 339,000 in May, with unemployment beating estimates by 0.3% at 3.7% to complicate June’s Federal Reserve (Fed) policy move. Average hourly earnings dovetailed with estimates, rising 0.3% month-on-month, while the number […]
Regulation
CBIT to Deploy Crypto Miners at 360 Mining’s Off-Grid Texas Site
Cathedra said the agreement makes it the first publicly listed miner utilizing both on- and off-grid energy. Off-grid energy can allow bitcoin miners to escape some criticism of destabilizing the electricity grid due to the […]
Altcoin
These 5 Altcoins Are Less Than $1 and Could Perform Well in 2023
2022 turned out to be a challenging year for the crypto and altcoin market. The collapse of the Terra ecosystem and Sam Bankman-Fried’s FTX exchange shook the industry. Since then, most digital assets lost significant […]
Ethereum
This Metric Signaled Ethereum Dip Under $1,800 In Advance
Here’s the on-chain indicator that may have foreshadowed the recent dip in the price of Ethereum below the $1,800 level. Ethereum Has Plunged After Multi-Collateral Dai Repaid Metric Spikes According to data from the on-chain […]
Bitcoin
NUPL Finds Rejection At Long-Term Resistance
On-chain data shows the Bitcoin Net Unrealized Profit and Loss (NUPL) has found rejection at the long-term resistance zone recently. Bitcoin NUPL Has Observed Some Decline In Recent Days As explained by an analyst in […]
Market Analysis
13 Ways to Earn Money Using AI
The founder of artificial intelligence (AI) product PostCheetah, Mark Gadala-Maria, recently described 13 ways to monetize neural networks through content creation. The founder described ways to earn $10,000 monthly using ChatGPT and other neural-network-based tools. […]
Regulation
Crypto Investors Lost $54M to Rugpulls, Scams in May: Blockchain Security Firm De.Fi
May saw fewer exploits than April, suggesting better security practices among crypto users and developers. Source link
Altcoin
PEPE Set for Breakout as Milady Whales Amass $20M
The resistance zone of PEPE appears to be on the verge of a potential change. Also, Milady whales are probably feeling pretty happy with their buys. Here is the state of the market. PEPE, the […]