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Bitcoin experiences liquidation spike due to heightened price volatility, hovering around $48,000

Theon Barrett2 years ago1 min read

The price of bitcoin surges, causing liquidations The price of bitcoin has increased by over 11% in the past seven days, driven by aggressive buyers in…

Multi-Month High Gas Fees on Ethereum Network Driven by Surge in Transactions

Theon Barrett2 years ago1 min read

Ethereum Transaction Volume and Gas Fees Reach Multi-Month High The transaction volume on the Ethereum blockchain has been steadily increasing since the beginning of February, reaching…

Polygon Labs aims to facilitate the conversion of EVM blockchains into validiums through the implementation of a ‘type 1 prover’

Theon Barrett2 years ago3 min read

Last week, Polygon introduced the “type 1 prover” Last week, Polygon announced the introduction of the “type 1 prover,” a technology that allows EVM-compatible chains to…

New Zealand Central Banker Asserts Bitcoin is Neither a Replacement nor a Supplement to Fiat

Theon Barrett2 years ago2 min read

Adrian Orr Critical of Bitcoin and Stablecoins Adrian Orr, the governor of the Reserve Bank of New Zealand, expressed his skepticism towards independent digital currencies like…

Declining Prices for ERC-404 Tokens as Competing Implementation Nears

Theon Barrett2 years ago2 min read

The Hype Around ERC-404 Tokens Calms Down as Prices Drop The initial hype around the experimental ERC-404 token standard has calmed down as the prices of…

Farcaster Protocol’s Second Wave of Attention Drives Revenue to $600,000

Theon Barrett2 years ago2 min read

Farcaster’s Revenue Reaches $600,000 Farcaster, a decentralized social media platform, has achieved a total revenue of $600,000, indicating that crypto enthusiasts are not only interested in…

Chinese Mining Companies Drawn to Ethiopia’s Affordable Electricity, Reports Bloomberg

Theon Barrett2 years ago2 min read

Chinese Crypto Mining Companies Turn to Africa for Operations Chinese crypto mining companies are increasingly looking to Africa, specifically Ethiopia, for their mining operations. While cryptocurrency…

Pudgy Penguins Eye Second Spot as Ethereum NFT Volume Nears Annual Peak

Theon Barrett2 years ago1 min read

Ethereum NFT Trading Volume Reaches Yearly High According to data from The Block, the volume of Ethereum NFTs traded on-chain is currently at its highest weekly…

Boosting Bitcoin Miner Revenue After Halving with Grayscale’s Ordinals Fees

Theon Barrett2 years ago2 min read

About the Bitcoin Halving Event In mid-April 2024, Bitcoin (BTC) will experience a significant change known as “halving” or “the halvening.” During this event, the reward…

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