Cryptocurrency advocates have been making a lot of noise about a new trend in Bitcoin mining. Recent data indicates that BTC.com, a major mining pool, is directing a staggering 98% of its miner transfers to Binance. This concentration of Bitcoin flow presents some broader strategic implications for the market. It...
Bit Digital, a New York-based crypto mining firm, is rattling the digital currency ecosystem. They’re doing this in a big way, though, by completely shifting their business model from Bitcoin mining to Ethereum staking and treasury management. This strategic pivot raises important questions about the associated risks and rewards. The...
D'CENT Wallet is not just sitting back. It's actively shaping the Web3 landscape. It proves this point with its “Tap That Drop” campaign, now in its third cycle. This smart contract academy exposes users to the thrilling universe of dApps and crypto assets. From explorers to collectors, participants will experience...
Bitcoin mining—the process that keeps the Bitcoin network running—has gone from massively profitable to barely profitable. LeeChiaJian, a keen observer of the crypto landscape, investigates the recent dramatic drop in Bitcoin miner revenue and explores the long-term sustainability of mining operations under the current conditions. This example analysis provides significant...
Bitcoin's hashrate, a key indicator of the network's security and mining activity, has seen some dramatic swings recently. Geopolitical events, environmental issues, technological changes, and potential errors in reporting contribute to the volatility. Together, their engagement forms a daunting terrain that can lead to discouragement. To navigate this reality, or...
Ethereum, the second-largest cryptocurrency by market capitalization, has seen its price drop in a significant way, falling under $2,400. This has sparked considerable debate among investors and analysts: Is this a temporary setback, a buying opportunity, or a sign of a more significant downturn? Knowing the reasons behind this price...
The world of cryptocurrency is ever-changing, offering new opportunities and opening up the market for investors looking for high-growth potential. Over the last two years, Initial Coin Offerings (ICOs) have become the favored fundraising mechanism for blockchain projects. They provide early adopters with an unprecedented opportunity to get in on...
The landscape of crypto is rapidly changing, presenting new opportunities and risks every day. As the latest Presidential Executive Order stated, one of the biggest challenges we face is the environmental impact of Bitcoin mining. The good news is that creative solutions are coming to light, with a focus on...
Furthermore, D’CENT Wallet is making waves in the Web3 ecosystem with its unique approach to engaging users and offering attractive rewards. D’CENT introduces Tap That Drop campaign, turning user engagement into a fun and interactive experience to jumpstart exploration of the Taiko ecosystem. Unlock rewards as you traverse and be...
The Bitcoin mining landscape is always changing, with new players and new partnerships forming to change the industry’s stakes. One recent example of this phenomenon is the partnership between the Trump family, Hut 8, and Tether. This coalition would have fantastic power over the Bitcoin mining ecosystem. It raises really...
Brazil has recently become a leading force on the global stage of cryptocurrency. It is consistently ranked as one of the top ten crypto markets between South Korea and the United States. With nearly a fifth of its population invested in digital currencies, Brazil is actively exploring new avenues for...
Binance's rapid ascent in the Ethereum liquid staking market, now commanding 20% through wBETH, isn't just another data point. It's a seismic shift demanding our immediate attention. This isn’t an exercise in congratulating one actor for their new market share. This is to help illuminate the potential consequences to the...
Should we worry that Binance is taking over Ethereum staking? Or perhaps it’s a sign that cryptocurrency is maturing and finally becoming more accessible to the masses. I’m not so sure that’s a dystopian future of centralized control. In reality, it might be the other way around. If nothing else,...
Binance Staked ETH (wBETH) has shaken up the dominance on the Ethereum liquid staking market. In fact, it currently enjoys a whopping 20% of the overall market share. Much of this growth is due to Binance’s large distribution network and easy-to-use platform. The Ethereum liquid staking ecosystem today has more...
Okay, let's talk Bitcoin. Everyone's buzzing about that $120,000 target. Standard Chartered's throwing numbers around, MicroStrategy keeps buying… it's enough to make you think we're all about to be swimming in crypto riches. But hold on a second before you take out a second mortgage on your home to ape...
Let's be honest. When you think “meme coin,” you might envision a flash-in-the-pan pump and dump. One intriguing idea for a moment, but by no means something you would gamble your retirement on. I get it. What if I told you there’s a meme coin that’s actually trying to build...
Bitcoin (BTC) is on the move again towards $120,000, aided by a steady influx of institutional investment, positive macroeconomic trends, and robust technicals. At present, BTC holds a 63.38% market dominance, highlighting its continued stronghold over the cryptocurrency industry.Standard Chartered has recently begun spot BTC and ETH trading for its...
Cryptocurrency users experience challenges like none others when it comes to protecting their crypto fortunes. It’s time for cryptocurrency holders to assume responsibility for their asset protection. This is a marked shift from legacy financial systems, where institutions take on that responsibility. With this responsibility comes significant challenges. The intricacies...