How Lack of Usage Led to the Discontinuation of Bitcoin Stablecoin Tether
Tether Discontinuing Three Versions of Stablecoin The issuer of stablecoin Tether has announced that it will be discontinuing its Bitcoin Omni Layer version, citing a lack of interest from users….
Discovering the Cost of Mining 1 BTC in Lebanon and Italy
Household Electricity Expenses for Bitcoin Miners CoinGecko’s recent report has revealed that generating one Bitcoin in Italy costs $208,500, while in Lebanon it is approximately 783 times cheaper. This is…
Investigating the Separate Attacks that Hacked DeFi Protocols
Exploitation of DeFi Protocols Exactly and Harbor On Aug. 18, two separate — and apparently unrelated — attacks were carried out on decentralized finance (DeFi) protocols Exactly and Harbor, according…
Could All Ether Futures ETFs Get Approved At Once?
Ether Futures ETFs Approval The United States Securities and Exchange Commission (SEC) is likely to grant multiple applications for Ether futures exchange-traded funds (ETFs) simultaneously, according to sources familiar with…
Bitcoin Price Dips Below $26K – Check Out the Best Web 3.0 Crypto Projects
Bitcoin’s Price Drop and its Causes The price of Bitcoin (BTC) plummeted by 8% within 10 minutes, sending the cryptocurrency to dip below $26,000 before it partially recovered. At 9:30…
Elon Musk’s Bitcoin Write-Down Sparks Confusion Among Crypto Community
SpaceX’s Bitcoin Write-Down Report On Aug. 18, SpaceX’s Bitcoin write-down report caused a stir in the crypto community. The Wall Street Journal’s publication of the report left many perplexed, as…
DappRadar Reports 98% Drop in Bitcoin Ordinals NFT Trading Volume
Crypto and NFTs: An Alarming Plunge in Bitcoin Ordinals User Activity Data from DappRadar has pointed to a dramatic decrease in Bitcoin Ordinals nonfungible token (NFT) user activity, with trading…
AI Detects Fake Bitcoin Price as Elon Musk Warns of ‘Doubling’ Sell Pressure
As markets grappled with extreme liquidations, Bitcoin (BTC) hovered near two-month lows at the Aug. 18 Wall Street open. AI has been used to detect fake news, generate fake articles,…
Did Pro Traders Benefit from Bitcoin Price Drop to Two-Month Low?
The value of Bitcoin dropped by 11.5% from Aug. 16 to Aug. 18, resulting in $900 million worth of long positions being liquidated and causing the price to hit a…
Get the Latest Price Analysis on Top Crypto Coins
On Aug. 17, Bitcoin (BTC) saw a range breakout, resulting in $1 billion in liquidations for derivatives traders, the biggest amount since the FTX collapse in 2022. It is unclear…