21Shares announced the launch of first-of-its-kind crypto staking index ETP focused on proof-of-stake-based coins. Dubbed 21Shares Staking Basket Index ETP (STAKE), the product will essentially provide exposure to staking rewards while tracking the performance of underlying staked coins via a single ETP. World’s First Crypto Staking Index ETP According to the official press release, the...Read More
ETH’s price is rallying throughout the past couple of weeks. But that’s not the only news adding to Ethereum’s bullish momentum this month. The decentralized computer network is closing in on 100 million Ethereum addresses. Crypto prices continue to swell with capital inflows as we enter the second half of January. Positive macroeconomic data continues...Read More
According to a study by Bybit and Toluna, 64% of North Americans spend less than two hours or don’t research at all before investing in cryptocurrencies. Boomers (those aged 56-64) tend to be more cautious, focusing on technical factors and inspecting the market a few days before diving into it. Jumping on the Bandwagon Without...Read More
It is very evident that the bulls are continuing to exert their influence as Bitcoin’s surge continues. The on-chain signals for the king cryptocurrency reveal that the overall sentiment is optimistic. At the time of this writing, Bitcoin price is equivalent to $23,035, an increase of 9.3% over the course of the previous 24 hours...Read More
Despite much turmoil in 2022, the Bitcoin mining industry’s hashing technology only continued to grow more efficient throughout the year, according to a new survey from the Bitcoin Mining Council (BMC). The industry also grew marginally greener, retaining a sustainable energy mix of over 58%. Bitcoin is Green, Says BMC In a press release on...Read More
Although XRP has a large number of advocates in its lawsuit against the United States Securities and Exchange Commission (SEC), there are some people who have taken the SEC’s side and are persuaded that XRP is a security. People with these viewpoints have been vocalizing them in the Twitter comments section of crypto lawyer and...Read More
The United States Federal prosecutors have confiscated nearly $700 million in cash and assets connected to Sam Bankman-Fried, the disgraced founder of FTX. At the heart of the seizure are the 55 million Robinhood shares owned by Bankman-Fried and Gary Wang, valued at over $455 million. The ownership of the shares has been disputed even...Read More
It looks like the crypto market is all set to enjoy a bullish weekend as the star cryptocurrency, Bitcoin has surpassed yet another important resistance of $22,000 area. Ethereum is on a similar pace leading other top ten altcoins including BNB, XRP, Cardano and others. Among these altcoins, Cardano is considered to be among the...Read More
Bitcoin mining company – CleanSpark – has started the construction of the second phase on a site in Washington, Georgia, that is set to accommodate 16,000 miners. This move is expected to increase its hash rate total to as high as 8.7 EH/s, thereby contributing an additional 2.2 EH/s. In the new phase, the mining...Read More
The lawyers of Sam Bankman-Fried (SBF) цлаимед that three men drove their vehicle into a metal barricade outside his parents’ house in California. The family of FTX’s former CEO recently admitted becoming a target of “intense media scrutiny, harassment,” and even physical threats. The Security Incident The gigantic crash of FTX caused multi-billion investor losses and turned...Read More
Genesis – a top crypto lending unit that filed for bankruptcy on Thursday – was listed as FTX’s top unsecured creditor within the exchange’s own bankruptcy documents. The firm has an unliquidated claim against FTX worth $226 million. Per FTX’s Thursday filing, the defunct exchange has ten customers to whom it owes over $100 million...Read More
