Month: September 2021

Source: Adobe/Brad Pict Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________  Investments news Following 3 months of average weekly outflows, weekly net flows into digital asset investment products averaged USD 72.8m in September, the highest amount since May (USD 75.2mn),
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An on-chain study released by Kraken Intelligence highlights strong accumulation behavior among Ethereum miners even as they faced the prospects of generating lower revenue following a major network upgrade on Aug. 5. Ethereum miners accumulated an additional 2 million Ether (ETH), worth $6.1 billion, after the so-called London hard fork’s activation. The latest bout of
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In a series of  recent interviews and speeches, United States Securities and Exchange Commission Chairman Gary Gensler has called the cryptocurrencies market the “Wild West” due to its unregulated and allegedly fraud-filled atmosphere, predicting that the coins were doomed to fail. Powers On… is a monthly opinion column from Marc Powers, who spent much of
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High transaction costs have been a thorn in the side of investors and developers for more than a decade and the issue became worse in 2021 after the emergence of decentralized finance (DeFi) and nonfungible tokens (NFT) led to record-high levels of activity across the cryptocurrency ecosystem.  Since the completion of Ethereum’s London hardfork, cross-chain
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Source: AdobeStock/Victor Moussa Prices of bitcoin (BTC) and other cryptoassets could come under pressure again as the political rivalry in Washington, D.C. threatens to shut down the US federal government – unless an agreement is reached to raise the so-called debt ceiling. But judging from crypto community’s reaction, there is little reason to panic, with
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Cool Valley, Missouri, a small town of about 1,500 in the St. Louis County area, found itself the subject of international attention recently after its mayor, Jayson Stewart, announced that he planned to give each resident up to $1,000 in Bitcoin.  Stewart, a passionate environmentalist who spent years cleaning up the world’s oceans and ran
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