BoE & Fed Battle it Out as Pound Remains on Offer
POUND STERLING ANALYSIS & TALKING POINTS US debt ceiling optimism unable to sustain high flying pound. BoE and Fed speakers in focus. GBP/USD on the … Read more
Month: May 2023
Mainnet Shapella Announcement | Ethereum Foundation Blog
Withdrawals are coming! The Shapella network upgrade will activate on the Ethereum network at epoch 194048, scheduled for 22:27:35 UTC on Apr. 12, 2023 Stakers … Read more
Kazakhstan’s Bitcoin mining industry has several challenges ahead
In May 2023, Kazakhstan’s share of the global Bitcoin mining hashrate stood at 4%, down from its peak of 18% in October 2021. Kazakhstan’s mining … Read more
Robert Kennedy Jr. condemns Biden’s proposed 30% Bitcoin mining tax
Presidential hopeful Robert F. Kennedy Jr. on May 3 condemned a 30% crypto mining tax proposed by the Biden administration and responded to concerns around … Read more
Vortex doubles mining capacity to combat inflation
US-based Bitcoin (BTC) mining company Vortex Mining is doubling its mining capacity to combat global inflation. Vortex said inflation has been increasing around the globe, … Read more
Marathon, Zero Two to launch sustainable mining operation in Abu Dhabi
Marathon Digital Holdings and Zero Two announced a new Middle Eastern mining operation in a press release on May 9. The first mining site as … Read more
Research: Ordinals, BRC-20 drive financial boon for Bitcoin miners
The Ordinals Protocol has enabled NFTs and BRC-20 tokens on the Bitcoin network – whereas previously, it was a single-asset network. However, the issue has … Read more
Marathon sees $51M revenue, 74% YOY increase in Bitcoin output in Q1
Marathon Digital Holdings reported quarterly results for its cryptocurrency mining operations on May 10. Fried Thiel, chairman and CEO of Marathon, said: “After weathering a … Read more
Less than 50,000 blocks remaining
There are now less than 50,000 blocks to go before the Bitcoin halving triggers. A tweet from Bitcoin Woods highlighted the milestone, adding that this … Read more
LUNC Burn Tax Set To Rise To 0.5% As KuCoin Proposal Receives Approval
After garnering the required votes, a major proposal has just passed in the KuCoin network. The proposal aimed at raising Terra Classic LUNC burns tax … Read more