Steve Bassi said that a long-term holder may do well mining in the short run and then selling when the block reward goes down in 2024.
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Crypto mining still profitable in the long-term, expert says
Steve Bassi said that a long-term holder may do well mining in the short run and then selling when the block reward goes down in 2024.
Crypto mining still profitable in the long-term, expert says
Steve Bassi said that a long-term holder may do well mining in the short run and then selling when the block reward goes down in 2024.
Bitcoin ‘bear market rally continues’ after BTC price jumps to $23.4K
The Fed rate hike and comments from Jerome Powell serve to buoy risk assets, with one analyst arguing that the worst of the bank's "hawkish" phase has already passed.
Bitcoin ‘bear market rally continues’ after BTC price jumps to $23.4K
Bitcoin (BTC) consolidated higher into July 28 after United States monetary policy changes fueled optimism in risk assets.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewFed hike instils fresh crypto optimism
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD climbing to highs of $23,452 on Bitstamp overnight.
The pair had reacted strongly to the latest Federal Reserve key rate hike, despite this conforming to market predictions. Subsequent comments from Fed Chair Jerome Powell added to the breakout’s momentum.
“I think the reason this is providing some relief to the equity market is the Fed is acknowledging that there can be an impact on growth, to the economy, based on their policy,” Gargi Chaudhuri, head of asset management giant BlackRock’s iShares investment strategy Americas, told CNBC:
“They’re recognizing there are two sides of this — there’s a growth tradeoff to fight inflation. The recognition is something we heard today that we didn’t hear before.”
Critic of Bitcoin’s ‘one-percenters’ still positive about future of digital assets
A financial professor is skeptical about Bitcoin's design but is still very much involved in crypto research and is bullish about the future of digital assets.
Critic of Bitcoin’s ‘one-percenters’ still positive about future of digital assets
A financial professor is skeptical about Bitcoin's design but is still very much involved in crypto research and is bullish about the future of digital assets.
Critique on Helium’s $6.5K monthly revenue causes a stir
The “complete lack of end-user demand for Helium should not have come as a surprise,” noted Web3 critic Liron Shapira.
Experts yet to explain massive spike in ETH active addresses
The sudden dramatic spike in active addresses on the network has left many guessing about the cause.
Japan’s crypto groups call for end of taxing paper gains
Danny Talwar from crypto tax platform Koinly said Japan's regulatory environment makes it difficult for businesses and individual investors to hold digital assets in Japan.
'Bullish rate hike' — Why crypto spiked today in the face of bad news
The Fed’s attempts to reel inflation in by increasing interest rates are usually associated with a pullback of investment activity across markets.
'Bullish rate hike' — Why crypto spiked today in the face of bad news
The Fed’s attempts to reel inflation in by increasing interest rates are usually associated with a pullback of investment activity across markets.
Pain ahead for algorithmic and non-cash backed stablecoins: IMF director
IMF Director Tobias Adrian believes uncollateralized and algorithmically-stabilized stablecoins pose too great a threat to holders and may experience further sell-offs.
Coinbase SEC investigation could have ‘serious and chilling’ effects: Lawyer
Michael Bacina, an Australian digital assets lawyer told Cointelegraph that the investigation could see a far-reaching impact on crypto exchanges and the token projects involved.
Coinbase SEC investigation could have ‘serious and chilling’ effects: Lawyer
Michael Bacina, an Australian digital assets lawyer told Cointelegraph that the investigation could see a far-reaching impact on crypto exchanges and the token projects involved.
Coinbase SEC investigation could have ‘serious and chilling’ effects: Lawyer
Michael Bacina, an Australian digital assets lawyer told Cointelegraph that the investigation could see a far-reaching impact on crypto exchanges and the token projects involved.
FTC files lawsuit against Meta over attempted monopolization of metaverse
The government watchdog previously filed a lawsuit against the social media giant in 2020 for alleged “anticompetitive conduct” in its acquisitions of WhatsApp and Instagram.
Square Enix to launch FF7: Nifty Newsletter, July 20–26
The Open Metaverse Alliance for Web3 was created by blockchain platforms with the goal of setting standards for NFTs.
Cuban NFT artists say they face censorship within the crypto market
“Blockchain is decentralised and doesn’t obey any governments, so no embargo affects us there”, NFT artist Gabriel Bianchini explained.
Tron producer Donald Kushner creates Web3-inspired Cryptosaurs NFT collection
"NFTs can aid in the documentation of the creator community through smart contracts," said Kushner.