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Analysis

Bitdeer pushes crypto mining expansion with new Norway, Bhutan data centers

Bitcoin cloud mining and mining services company, Bitdeer Technologies Group, has released operational updates for June 2023, highlighting continued efforts to expand infrastructure and...

Majority of FSI customers comfortable with crypto, less so AI – Salesforce survey

A 2023 H1 survey from Salesforce, which covered 6,058 financial service institution (FSI) customers worldwide, offered significant insights into sentiments surrounding artificial intelligence (AI),...

Coinbase downgraded by analysts amidst regulatory wrangles

Piper Sandler analyst Patrick Moley has downgraded Coinbase due to its ongoing legal tussle with the Securities and Exchange Commission (SEC) and the continuing...

Global regulatory developments are literally reshaping the crypto world

As the world of cryptocurrency continues to evolve, so too does the regulatory landscape that governs it. In the United States, regulatory bodies are...

Shards and Layer-2s: Unpacking NEAR and Ethereum’s contrasting approaches to blockchain scalability

The landscape of blockchain scalability has evolved significantly in recent years, with Layer-2s (L2s) and sharding emerging as the two dominant approaches. Ethereum, a...

Blue-chip NFTs hit hard as over 1,200 liquidations rock market

The NFT market experienced a significant shock in the past three days, with over 1,200 NFTs being liquidated due to a record-low plunge in...

After years of relative obscurity, Litecoin is finally having a moment in the sun

Litecoin, one of the oldest digital assets in the industry, has recently seen a significant resurgence. After a period of relative obscurity, the “digital...

Bitcoin ETP inflows up 192% in June, making up 98% of all crypto fund inflows last week

Bitcoin (BTC) exchange-traded products (ETPs) attracted over 98% of all inflows to digital asset investment products last week, CoinShares data shows. Bitcoin ETPs saw...

Recent spot Bitcoin ETF applications fall short of SEC’s expectations on a technicality, but are not out of the running yet

On June 30, reports emerged that the U.S. Securities and Exchange Commission (SEC) has returned recent spot Bitcoin exchange-traded fund (ETF) applications. The applications,...

Bitcoin’s sudden plunge below $30k triggers $176 million in liquidations

Bitcoin’s (BTC) price briefly reclaimed $31,000 earlier today before suddenly plunging below $30,000 in a sell-off that led to losses for traders who held...

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