Data shows that Bitcoin (BTC) miner withdrawals have fallen by nearly 90% since the block subsidy was halved.CryptoQuant, an on-chain analytics platform, suggested in a Quicktake post on June 28 that selling pressure from miners is “weakening.”CryptoQuant: Bitcoin Miner Withdrawals “Drastically Decline”Bitcoin miners have had months to adjust to a new economic reality following the April halving, which saw their subsidy per block mined slashed by 50%.Network fundamentals reflected the reorganization, with both hash rate and mining difficulty falling from all-time highs.“After the Bitcoin halving, mining rewards were cut in half, so older model mining rigs were no longer cost-effective…
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Bitcoin (BTC) miner withdrawals have fallen by nearly 90% since the block subsidy halving, according to data.In a June 28 Quicktake post, on-chain analytics platform CryptoQuant suggested that miner selling pressure was “weakening.”CryptoQuant: Bitcoin Miner Withdrawals “Decline Sharply”Bitcoin miners have had months to adjust to a new economic reality since the April halving, which reduced the subsidy per block mined by 50%.Network fundamentals reflected the reshuffle, with both hash rate and mining difficulty dropping from all-time highs.“After the Bitcoin halving, mining rewards were cut in half, so older model mining rigs were no longer cost-effective and fell into disuse,” explained…
A Solana exchange-traded fund (ETF) listing in the U.S. could require a change in leadership at the top of the administration and securities regulators, according to Bloomberg ETF analyst Eric Balchunas. On June 27, ETF issuer VanEck took the surprising step of filing with the U.S. Securities and Exchange Commission for a physical Solana (SOL) ETF. Matthew Sigel, VanEck’s head of digital asset research, said the new fund, called the VanEck Solana Trust, aims to leverage Solana’s decentralized nature, high utility, and economic feasibility.But Balchunas’ “immediate reaction” was to say that the ETF would not be approved because there is…
Company • June 28, 2024 2:13 AM EDT Posted 1 minute ago In ~ Animoca Brands, a Hong Kong-based gaming and metaverse company, is considering a listing next year, Chairman Yat Siu has revealed.According to an article in The Information, Animoca is considering listing in Hong Kong or the Middle East where cryptocurrency-friendly policies are in place. This article first reported the listing plans.The company confirmed the news to The Block. “It will depend on many factors, but we are confident we will list. And if we do, it will most likely be in the second half of 2025.” Siu…
Company • June 28, 2024 2:13 AM EDT Posted 1 minute earlier In ~ Animoca Brands, a Hong Kong-based gaming and metaverse company, is considering a listing next year, Chairman Yat Siu said.Animoca is considering a potential public listing in Hong Kong or the Middle East, where cryptocurrency-friendly policies are in place, according to an article by The Information, which first reported the public listing plans.The company confirmed the news to The Block. “It depends on many factors, but we are confident that we will go public, and if we do, it will most likely be in the second half…
LangChain has released two major developments to improve the deployment and management of AI agents. According to the LangChain blog, the company announced the stable release of LangGraph v0.1 and introduced LangGraph Cloud, an infrastructure designed to run large-scale agents. LangGraph v0.1: Balancing agency and agent control LangGraph v0.1 is a framework that allows developers to build agents and multi-agent applications with increased precision and control. This release is especially useful for companies that require complex, domain-specific workflows. Unlike the existing LangChain AgentExecutor, LangGraph provides a flexible API for custom cognitive architectures. LangGraph allows developers…
SingularityNET, Fetch.AI, and Ocean will soon form an alliance. Coinbase has taken a position ahead of the upcoming ASI merger. The ASI merger will take place in several stages and is expected to commence shortly. The cryptocurrency industry is alarmed by a proposed merger between three AI pioneers: Fetch.ai, SingularityNET, and Ocean Protocol. In May 2024, these issuers announced their collaboration, sparking excitement among holders and investors about its potential to democratize AI development and access.However, as cryptocurrency exchange Coinbase rejected it, expectations about the merger of these three companies may not spread to everyone.Coinbase halts ASI mergerCoinbase announced that…
Jesse Powell, founder of cryptocurrency exchange Kraken, announced today that X has donated $1 million to former US President Donald Trump’s campaign.“I am excited, along with other leaders in our community, to unite behind the only major party candidate to support cryptocurrency in the 2024 presidential election so that America can continue to remain a leader in blockchain technology.” Powell said It’s on the X-post. The post details that the majority of the $1 million donation is comprised of Ether.Kraken’s former leader said the Biden administration had allowed an “uncontrolled regulatory campaign by enforcement” that was undermining the United States’…
Glassnode Insights has launched Bitcoin Sharpe Signal Short (BSS Short), a proprietary trading signal designed to identify high-confidence short selling opportunities and improve risk-adjusted returns for Bitcoin (BTC), according to Glassnode Insights. Bitcoin Sharpe Signal Brief Overview Bitcoin’s inherent volatility and significant downside potential provide a unique opportunity for strategic short positions. The BSS Short signal leverages on-chain data to pinpoint likely market downturns, allowing investors to capitalize on Bitcoin’s volatility and periodic price corrections. This tool was created to help institutional investors navigate Bitcoin cycles and maximize profits from market corrections by taking advantage…
Cryptocurrency and blockchain technology are no longer niche topics limited to the tech-savvy class. Now, as digital currencies and decentralized systems become increasingly mainstream, the demand for comprehensive education in these interrelated fields has surged. For students and crypto enthusiasts looking to dive into the blockchain world, several initiatives are paving the way for a more informed, engaged, and engaged crypto community. Here are 10 must-know initiatives for crypto education that everyone should know about.Blockchain Education Network (BEN)Launched in 2014, BEN is a student-driven global initiative with a mission to educate and empower the next generation passionate about blockchain. BEN…