The world’s largest producer of application-specific integrated circuit (ASIC) bitcoin miners, Bitmain Technologies, has revealed the company is offering a discount on Antminer S19 Pro mining rigs. The 100 terahash per second (TH/s) machine is selling for $19 per terahash or $1,900 per unit. The Antminer mining rigs are 80% cheaper than they were five…
Read more
The U.S. Federal Reserve raised the federal funds rate on Wednesday afternoon by three-quarters of a percentage point. The central bank’s move follows the consumer price index (CPI) report last week that showed U.S. inflation jumped last month by 8.3% per annum. Fed Raises Federal Funds Rate by 75bps anticipates ‘Ongoing Increases’ On September 21,…
Read more
A Bitcoin-themed bar and education center has popped up in Northern England and Cointelegraph swung by to interview the founder and raise a glass. Cointelegraph took a trip to Satoshi’s Place on Friday, a Bitcoin (BTC) hub in Greater Manchester. Named after the anonymous creator of the world’s largest and most widely accepted cryptocurrency, the…
Read more
The issue deals with a lawsuit that has been ongoing since October 2019. On Wednesday, Tether (USDT), the issuer of the U.S. dollar-pegged USDT stablecoin, said that a recent order by a U.S. judge to provide evidence of USDT backing is part of routine discovery in court cases. The firm said that the decision did…
Read more
A growing number of physical items are being immortalized in NFT form. What are the opportunities here… and the challenges that need to be addressed? Where are the challenges that face the NFT sector in the future being discussed? Mattereum is hosting a dedicated event to discuss physical asset NFTs on Sept. 21. The meetup…
Read more
The firm is also in the process of testing a digital euro together with the European Central Bank. According to a new press release on Wednesday, Société Générale, one of the largest investment banks in Europe, said that it would be expanding its cryptocurrency asset management services through its Security Services subsidiary. Clients who are…
Read more
Officials with Indonesia’s Commodity Futures Trading Regulatory Agency could implement a rule for two-thirds of directors and commissioners at crypto firms to be citizens. Jerry Sambuaga, the deputy minister of Indonesia’s Ministry of Trade, has proposed a rule that would require the leadership at the country’s crypto exchanges to be more representative of its citizens. …
Read more
The ethereum (ETH) options market shows continued strong appetite for bullish bets on ETH among traders, despite falling spot prices. The question now is if this is a sign that smart money is positioning for a future rally, and if now is a good time to start dollar-cost averaging (DCA) into ETH…. Read More: When…
Read more
Bitcoin’s price has risen by 1.5% in the past 24 hours, but has fallen by 4% in the last seven days. At $19,321, this represents a hefty 10.5% correction in the past 30 days, and given the expectation that the Federal Reserve — and other central banks — will continue raising interest rates, the original…
Read more
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Banking Giant Launching VC for Crypto Investments, Paying Taxes With Crypto in US, EOS Independence + More News Read more »Sign up for e-EUR – the progressive stablecoin
