The Bitcoin mining pool launched by Binance in April 2020 will cease operations on November 10: in recent months, the computing power connected to it has dropped by almost two-thirds, and remaining miners need to transfer their equipment to another operator in advance. Main Points About the Binance Pool Shutdown Binance will stop Bitcoin mining…
US inflation accelerated to 3.7% year-on-year in September, exceeding the forecast of 3.6%. Immediately after the statistics were published, bitcoin and gold came under pressure: investors revised their expectations for further actions by the Federal Reserve. The core inflation rate, which excludes volatile food and energy prices, also exceeded expectations. It rose to 2.6% versus…
Cryptocurrencies on the morning of October 14 changed little: investors shifted their attention to the US stock market, macroeconomic statistics, and Bitcoin network security issues. This material is for informational purposes only and is not an investment recommendation. Cryptocurrencies remain highly volatile assets and may lead to financial losses. On the morning of October 13…
The crypto market began October 12 with a moderate recovery of the largest coins and a wave of short liquidations: Bitcoin held around $83,650, Ethereum traded near $2,551, and the news agenda focused on the controversy around XRP Ledger, possible new BTC purchases by Strategy, and a phishing link in Coldcard’s account on X. The…
During the week of October 5–10, markets diverged: oil above $100 heightened inflation fears, Treasury yields hit multi-year highs, but major US indexes still rose, while Bitcoin and Ethereum came under pressure from outflows from spot ETFs. Key Moves of the Week The market showed a rare combination of factors: the cost of capital rose…
This weekly digest compiles the key events of the week in cryptocurrencies, blockchain, and artificial intelligence: Samsung is preparing USDC support in Wallet, ZachXBT uncovered a scheme allegedly laundering over $1 billion, Tether is exploring projects in Kazakhstan, Elon Musk’s net worth once again exceeded $1 trillion, and the Ethereum Foundation discussed cryptography risks due…
The XRP Ledger vulnerability, according to researchers, could have allowed an attacker to issue and spend new XRP without actual funding from the sender, undermining the principle of a fixed issuance of 100 billion tokens. Main Points The vulnerability, which reportedly existed in the code since 2015, could have violated the basic rule of the…
Cryptocurrency is increasingly shifting the focus from issuing new digital assets to creating markets where there was previously no constant price. Blockchain infrastructure enables trading not only in tokens, but also in expectations around news, commodities, private company valuations, and other events that previously remained outside of continuous market measurement. In its early stage, the…
The U.S. Treasury Department has abandoned a long-standing proposal that would have required banks and crypto companies to provide regulators with expanded information about cryptocurrencies sent to private wallets if the transfer amount exceeded $10,000. FinCEN, the Financial Crimes Enforcement Network of the U.S. Treasury Department, on Sunday withdrew two proposed rules related to digital…
bitcoin on the morning of monday, october 5, rose to almost $87,000 and came close to the eight-month high recorded at the end of september. later, the movement reversed: the price dropped slightly below $86,000, but over the day the cryptocurrency was still up 1.3%, reports CoinDesk. Another Breakout Attempt Fails for bitcoin, this was…
The Metaplanet bitcoin purchase for July to September resulted in a net increase in the Japanese company’s reserves: over three months, it increased its holdings by 1,000 BTC, bringing the total to 44,000 bitcoins. During the quarter, Metaplanet sold 10,000 BTC for $789.2 million, and then bought 11,000 BTC for $948.7 million. The average selling…
AI-based cryptocurrencies have attracted significantly more investor attention: according to Grayscale, the relatively small blockchain infrastructure sector for artificial intelligence, valued at about $15 billion in September, outperformed the broader crypto market by 30 percentage points. Why Grayscale Highlights the AI Segment in the Crypto Market Zach Pandl, head of research at Grayscale, on October…
