Bitcoin price is trading in a range above the USD 43,000 level. BTC is currently (11:55 UTC) moving below USD 43,500 while a move above USD 44,000 is a must for a decent increase. BTC is now down almost 1% in a day. Besides, most major altcoins are consolidating. ETH tested the USD 3,300…
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Axie Infinity’s Ronin Bridge hackers have started moving their funds despite early hopes of a dialogue between the creators and the hackers. The decentralized finance (DeFi) world saw another week of increased on-chain and developer activity even when the overall market cap took a slight dip amid overall market retrace. The creators of the popular…
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The application awaits approval from the United States financial regulatory body, SEC UK-based blockchain infrastructure firm Applied Blockchain has filed an initial public offering (IPO) application on Apr. 8 to the United States Securities and Exchange Commission to issue 3,236,245 shares of common stock onto the Nasdaq Global Select Market with the ticker symbol APLD.…
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ASTR, ACA and SAITO went on a month-long rally shortly after the Polkadot ecosystem intensified its move toward DeFi and EVM compatibility. The Polkadot ecosystem sorely underperformed compared to other layer-1 networks in 2021, while the slow roll-out of parachain auctions and mainnet launches left the network playing catch-up in 2021. It appears that this…
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Fabio Panetta outlined recent findings and remaining challenges while emphasizing the necessity of a well designed European CBDC. European Central Bank executive board member Fabio Panetta provided an overview of the central bank’s current research on a retail central bank digital currency Friday when he spoke at the IESE Business School Banking Initiative Conference on…
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With the current concerns around global energy usage, combined with increasing requirements for data processing services, many countries previously supportive of centralized data processing businesses are investigating the impact of these businesses and how they mitigate a requirement for continuous energy distribution to all sectors – commercial and private. Data processing services consume large amounts…
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The bitcoin mining operation Compute North has announced it is in the midst of constructing a 300-megawatt (MW) data center in Granbury, Texas. According to the mining firm, the data center located near Wolf Hollow Power Plant will be scalable up to 600 MW going forward.
300 MW of Capacity to Start, 600 MW in…
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On Friday, Bank of America’s (BOFA) chief investment strategist Michael Hartnett explained in a weekly financial note to clients that the U.S. economy could head into a recession. The BOFA strategist’s note further detailed that cryptocurrencies could outperform bonds and stocks.
BOFA Strategist Notes inflation Shock Is Worsening, Cryptocurrencies Could Outperform Bonds and Stocks
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Certik, a Web3 and blockchain auditing and security firm, has raised $88 million in its recent B3 funding round. The round, which was led by Tiger Global and included Goldman Sachs as an investor in the firm, gives the company a valuation of $2 billion. This doubles the valuation that Certik reached via its last…
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April has historically been one of the strongest months for the crypto market, with bitcoin (BTC) rising by 46% on average, according to major crypto exchange Kraken. However, there are also other ecosystems to look out for, with Avalanche (AVAX) and Terra (LUNA) being among the most promising, argued crypto trading platform ByBit and…
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