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Bitcoin miners dump their BTC holdings en masse as mining profitability hits ‘critical low’

According to on-chain crypto-data firm Arcane Research, a huge number of bitcoin miners have been forced to liquidate their holdings in the $20,000 range as...

Russian ministry of finance says there’s no place for crypto in oil trading

The Russian finance ministry has cast doubt on talk of the nation selling oil for crypto – but claims that blockchain-powered tokens could play an “alternative”...

ADA sees boost in market share even as hotly anticipated Cardano Vasil hard fork is deferred

IOG, the lead development company behind Cardano (ADA), has confirmed that the implementation of the Vasil hard fork has been delayed to allow more time for...

Solana NFT marketplace Magic Eden closes $130M Series B round at $1.6B valuation

Magic Eden accounts for over 90% of NFT trading volume on Solana. On Tuesday, Magic Eden, a popular nonfungible tokens (NFTs) platform on the Solana (SOL) blockchain...

Deloitte and NYDIG set up alliance to help businesses adopt Bitcoin

Deloitte wants to enable blockchain and digital asset-based services across many areas involving Bitcoin products like banking, rewards programs and others. Professional services giant Deloitte...

ProShares will launch ETF aimed at shorting Bitcoin following dip under $20K

The ETF will allow U.S. investors to bet against BTC using futures contracts given the cryptocurrency’s performance in a single day, as measured by...

Iranian government to cut power supply for the country’s legal crypto mining rigs

For years, the country has heavily subsidized its electricity production leading to extremely low prices. It claims that this has now become unsustainable. According to...

After embracing crypto payments, tag Heuer now focuses on NFTs

“We seek to create unique, exclusive experiences that capture the zeitgeist,” Tag Heuer commented on its NFT initiative. The Swiss luxury watchmaker – Tag Heuer...

Elon Musk is buying more Dogecoin

Tesla CEO Elon Musk has taken to Twitter to reaffirm his support for Dogecoin amid a massive price plunge. The centibillionaire has also confirmed that he’s buying...

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