Bitcoin is not catching a genuine bid despite the buzz around Grayscale, analysis warns, with BTC price still able to dive lower. Bitcoin (BTC) drifted toward $27,000 after the Aug. 30 Wall Street open as the dust settled on digital asset manager Grayscale’s legal victory. BTC/USD 1-hour chart. Source: TradingView BTC buyer interest remains low...Continue Reading
In the final moments of the trading session on Tuesday, Aug.29, the value of COIN stood at $85.13 per share, a jump of 15% over the previous day’s close. Coinbase’s stock experienced a significant surge on Aug. 29 after reports emerged that a federal judge had ruled in favor of Grayscale in their SEC legal...Continue Reading
We are moving from a model of fossil-fueled generation, meaning grid operators must find ways to modulate demand up and down, rather than just moving supply up and down. Bitcoin mining has long been attacked by policymakers as an expensive, wasteful industry consuming power that would otherwise be going to households or valuable industries. Indeed,...Continue Reading
Combining blockchain with digital monitoring, reporting and verification protocols may not only improve VCMs but even rescue them. There is a global consensus that greenhouse gas (GHG) emissions are warming the planet, but efforts to accurately measure, report and verify these emissions continue to challenge researchers, nonprofits, corporations and governments. This is especially the case...Continue Reading
The U.S. Department of Justice has issued a new court filing in its case against Sam Bankman-Fried in which it called his planned defense “irrelevant” without additional details. The lawyers representing the United States Department of Justice (DOJ) filed a new court document late on Aug. 29 arguing that Sam Bankman-Fried should provide additional disclosures...Continue Reading
The agreement in-principle reached by DCG and creditors also said that the Ad Hoc Group and Gemini did not support the deal. The lenders of the bankrupt cryptocurrency lender Genesis are not satisfied with the latest in-principle settlement agreement with other parties including the Digital Currency Group (DCG). The Ad Hoc Group of Genesis Global...Continue Reading
Crypto OGs Brock Pierce and Tim Draper and other experts provide essential advice on how to protect your hard-earned stack. Crypto is a volatile place. Money can be as easily lost as made through the ups and downs of Bitcoin and the wider market, and there are massive decisions to make. Should you just hodl...Continue Reading
TinyTap, a subsidary of Animoca Brands, rolls out new AI features for educators and parents to generate educational games and images based on prompts. TinyTap, an ed-tech subsidiary of Web3 developer Animoca Brands, announced on Aug. 30 the integration of new artificial intelligence (AI) and nonfungible token (NFT) tools aimed at educators and parents. The...Continue Reading
The bankrupt crypto lender’s request marks another step toward the return of users’ funds, which the company began in August. Defunct crypto lending firm BlockFi applied to a court to request the transfer of “trade-only” assets from its users’ accounts into stablecoins so the individuals could withdraw them. The request marks another step toward the...Continue Reading
This week, The Market Report discusses Grayscale’s victory against the SEC, the impact of Evergrande’s bankruptcy, and what happened to the 16 trillion PEPE tokens reportedly stolen. On the latest episode of The Market Report, Cointelegraph analyst Marcel Pechman delves into Grayscale’s victory against the United States Securities and Exchange Commission. Even though there’s still no...Continue Reading
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