Author : Memora

CleanSpark Mines Record 697 Bitcoin In January, A 50% Increase Since December

The bitcoin mining firm is reaping the rewards of expansion as it had a record month with solid reliability. CleanSpark has reported that the firm mined a record 697 bitcoin in a single month, an increase of 50% from December 2022’s amount. “We had a banner month, and not just because we mined a record […]

Kraken shuts down Abu Dhabi office: Report

Cryptocurrency exchange Kraken has reportedly closed its office in Abu Dhabi less than 12 months after receiving regulatory approval to operate in the region. According to a Feb. 2 report from Bloomberg, Kraken shut down its Abu Dhabi office, laying off roughly eight people on the team focused on the Middle East and North Africa, […]

Bitcoin Records Largest Mined Block to Date, 4 MB Block Containing NFT Causes Unease Among Small-Block Supporters  – Bitcoin News

Amid the controversy surrounding the Ordinals project and the debate over what types of data should be stored on the Bitcoin blockchain, the network mined its largest block, nearly 4 MB in size, containing just 63 transactions. One of the transactions was a 3.94 MB Ordinal inscription featuring an image of a wizard, and the […]

DYDX Explodes 200% In Last 30 Days – How Much Firepower Does This Token Have?

The dYdX ecosystem has been growing since it was founded back in 2017. The exchange has now become one of the leading decentralized exchanges for trading perpetuals, a trading product similar to futures contracts minus the expiration dates.  According to Coingecko, the governance token of the exchange, DYDX, has catapulted 175% in the bi-weekly with […]

Nostr Will Only Scale If It Can Incentivize Users To Run Relays

Nostr, a growing hub for the Bitcoin community, faces some incentives challenges if it’s going to reach significant scale. This is an opinion editorial by Shinobi, a self-taught educator in the Bitcoin space and tech-oriented Bitcoin podcast host. I’ve written an article on the basics of what Nostr is and what “events” are and how […]

Voyager victim calls for trustee to seize control of the estate

A Voyager creditor and finance lawyer wants to see a chapter 11 trustee appointed in crypto brokerage Voyager Digital’s bankruptcy trial, which would see Voyager lose control of its estate. In a Feb. 1 motion, Voyager creditor Michelle DiVita accused Voyager of having a “history of financial statement inaccuracies and public misrepresentations that were known, […]

January 2023 Reaches Nearly $1 Billion in 30 Days With 41% Increase – Markets and Prices Bitcoin News

Non-fungible token (NFT) sales increased 41.96% from the previous month, according to data recorded on Feb. 1, 2023. NFT sales reached nearly $1 billion in 30 days, with an approximate total of $997.53 million. Additionally, the number of digital collectible transactions rose more than 22% in the past month. Bored Ape Yacht Club Dominates, Ethereum […]

Federal Reserve Raises Rates by 25 Basis Points

Key Takeaways The Federal Reserve raised rates by another 25 basis points. This brings federal interest rates to the 4.50% to 4.75% range. The move indicated a softening of the central bank’s hawkish monetary policy. Share this article Today the U.S. Federal Reserve announced that it was bringing interest rates to the 4.50% to 4.75% […]

Bitcoin Breaks Above $24,000 For The First Time In 2023

Bitcoin continues to see green across all short-time and medium-timeframes as the cryptocurrency reconquest lost territory. As of this writing, the BTC price stood above the significant psychological mark of $24,000 and seems ready to keep smashing resistance levels. BTC rallying on the daily chart. Source: BTCUSDT Tradingview The Magnetic Forces Pushing Bitcoin To The […]

LevelField Financial To Become First FDIC-Insured Bank to Offer Traditional Banking And Bitcoin Services

LevelField Financial is set to acquire Burling Bank in a move that would enable access to bitcoin for traditional banking customers. Once the acquisition is approved by regulatory authorities, LevelField Financial will be able to expand its services and products nationwide. The firm would offer customers a full suite of products and services, from traditional […]

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