Although criticized for its carbon footprint, crypto mining, and bitcoin mining in particular, is a profitable business. It is dominated by large, financially powerful companies. But the operation remains accessible to a handful of independents, some of whom are renowned for their efficiency.
In a recent report, the UN looks at the energy consumption of Bitcoin, highlighting a close link between the price of BTC and its energy consumption. But what is the reality?
The BRICS have officially decided to leave the dollar. In the meantime, the question of the currency's use in settling international transactions seems to be a point of contention between the member countries. Here's what it's all about.
The unprecedented boom in options on the Ethereum crypto (ETH) has taken many in the ecosystem by surprise. ETH option block volumes recently passed the impressive threshold of $250 million. Behind this figure lies a complex phenomenon, tinged with both opportunities and challenges.
While Bitcoin reached $30,000 this Monday and seems to be gearing up for a new rally, it's not yet time to celebrate, according to highly followed crypto analyst Benjamin Cowen. In an interview with Scott Melker, the expert predicted an imminent sharp drop in Bitcoin's price ahead of the expected halving in April 2024. Find out more in this article.
The financial market is eagerly awaiting the possible approval of a bitcoin spot ETF. In this regard, Fidelity, Ark Invest, and Invesco have recently updated their requests with the SEC. This is in response to letters demanding clarification on the matter. The crypto community perceives this action as a positive sign of ongoing dialogue between the companies and the regulatory authority.
On the crypto market, transactions by influential figures can quickly trigger chain reactions. Recently, Ethereum co-founder Vitalik Buterin found himself at the center of two events that raised many questions and speculations. These situations highlight the importance of understanding the context behind fund movements in a constantly evolving digital financial environment like Ethereum.
The European Union marks a decisive step in the crypto sphere. In response to the rise of this sector, the EU is arming itself with new rules to ensure greater tax transparency. But what do these standards mean for crypto holders and the industry itself?
Binance, the leading cryptocurrency exchange platform, is currently facing massive capital outflows. These movements appear to be motivated by growing concerns about regulation.
Glassnode, the cryptocurrency analysis company, has suggested a decrease in liquidity in the altcoin market. This situation is said to be linked to a waning appetite for cryptocurrencies. The company specifically points out a market weakness based on the fundamental parameters of altcoins, which are at critically low levels.
The cryptocurrency sphere has always been a fertile ground for debates, controversies, and technological advancements since its inception. China, one of the world's largest economies, has now contributed a new chapter to this ongoing saga, particularly concerning Tether. This story isn't just about an unpaid loan; it delves into the very essence of what cryptocurrencies mean in a country where the rules of the game are constantly being redefined.
When we talk about a monetary revolution, it's not just about crypto. Russia, in particular, stands out as a key player. With an ambitious plan for 2025, the country aims to reshape the global financial landscape, going beyond merely integrating its digital currency and forging deep strategic alliances. Let's decode this bold Russian strategy together.
Découvrez les opinions de Justin Bons sur la gouvernance de la blockchain Ethereum et sur l’univers de la crypto en général.
It's going to be a “long and painful” war, warned Israeli Prime Minister Benjamin Netanyahu last Sunday. Following the series of deadly surprise attacks by Hamas last Saturday, the world is inexorably witnessing yet another bloody Israeli-Arab conflict. At present, provisional reports indicate more than 700 deaths and 2,000 injuries on the Israeli side and approximately 400 deaths on the Palestinian side. Strangely, the 'Al-Aqsa deluge' has not yet affected the cryptocurrency market. However, the crypto community remains on alert.
Satoshi Nakamoto, the creator of Bitcoin, has resurfaced on Twitter recently, and has just announced that he will reveal his identity in 2024. This declaration has piqued the interest of the crypto community, leading to increased speculation and skepticism surrounding this account.
The advent of BitVM promises to bring a new dimension to the Bitcoin sphere, introducing Ethereum-style smart contracts. This innovation could bridge the gap between the capabilities of the two leading blockchains, while preserving the fundamental characteristics of Bitcoin.
An expert recently insinuated that the Binance exchange may have contributed to the downfall of the high-profile FTX exchange, a story that has been making headlines. This allegation has sent shockwaves through the crypto community, prompting responses from John Deaton, Ripple's lawyer, and Changpeng Zhao (CZ), the founder of Binance.
Since Grayscale's recent victory over the SEC, the potential approval of a Bitcoin ETF has piqued the hopes of the crypto community. A recent rumor on the matter seems to fan these hopes even further. However, it remains to be confirmed.
In the Canadian crypto landscape, a media storm is brewing. With increasingly strict regulations and recent announcements related to online censorship, Canada stands at a crossroads. Elon Musk, the influential tech mogul, wasted no time in reacting and delivered scathing criticisms of Justin Trudeau. What is the reality of the situation in Canada? And what impact could these events have on the crypto future?
A New Twist in the FTX Saga! Less than 24 hours before the start of his trial, Sam Bankman-Fried, the former CEO of the crypto exchange, is once again implicated in a suspicious affair. The fallen crypto king allegedly considered preventing Donald Trump from running in the presidential elections. And SBF was reportedly willing to dig deep into his pockets to buy the American statesman, according to the latest revelations.
In the tumultuous streets of Warsaw, where the voice of crypto resonates as loudly as the chants of the opposition, a new technological era is on the horizon. Amidst this commotion, could blockchain hold the secret to a revitalized Polish democracy?
VanEck anticipates that its request for the deployment of an Ethereum ETF futures will receive approval from the SEC in the near future. This prediction is accompanied by an extensive charm offensive aimed at the crypto community. Recently, VanEck has made a commitment to donate a portion of its profits derived from its ETH ETFs to Ethereum. Details!
In a frantic race of crypto ETFs, Valkyrie Investments, already renowned for its Bitcoin Mining ETF, has once again eclipsed its competitors. The firm proudly presents the first Ethereum ETF in the US, reinforcing its pioneering status in the sector.
Saudi Arabia, a long-standing oil powerhouse, is making history by wholeheartedly embracing crypto. This transition, far from insignificant, marks a significant evolution in the global financial landscape.
During a congressional hearing, SEC Chairman Gary Gensler reaffirmed that Bitcoin is not a security. However, he refrained from categorizing it as a commodity, leaving doubts about the exact classification of this flagship cryptocurrency.
Huobi Global and Binance are two prominent crypto companies. In the crypto industry, rivalries are not uncommon. However, Binance CEO CZ remains sportsmanlike in the face of comparisons and extends a hand to his counterpart Justin Sun as his exchange falls victim to a hack.
The Fed has maintained its benchmark interest rate unchanged at 5.50% after eleven increases since March 2022.
"When you think of Bitcoin, you often think of economic superpowers or cryptocurrency havens like El Salvador. However, a recent study reveals a significant surprise: Nigeria dominates the ranking of countries most interested in this digital currency, even overshadowing El Salvador. This phenomenon raises several questions and deserves a deeper analysis. So, what is really happening in Nigeria?
In recent days, the Fed and CBDC have drawn significant attention from the crypto community. Fifty pro-crypto Republican lawmakers have just introduced a bill aimed at countering the CBDC. These elected officials raise valid concerns about financial privacy and individual freedom.
The dynamics of the crypto market are often influenced by major transactions. Recently, an investor who participated in Ethereum's 2014 ICO caused quite a stir by transferring a colossal amount of ETH to Kraken. Should we be concerned?