First, why did the inflation hedge thesis lose credibility? Well, people saw inflation rising rapidly in late 2021 and early 2022, just as bitcoin's price quickly fell. Ergo, bitcoin wasn't…
The move comes as bitcoin miners have gone through a difficult year, with bitcoin prices sinking and higher energy prices driving up costs, which weighed on their profit margins. Marathon's…
“The security of Bitcoin requires every participant to verify every transaction,” ZeroSync co-founder Robin Linus told CoinDesk. “That didn't scale well until now. Proof systems like STARKs have been invented.…
Building new applications on Bitcoin thereby allows the consequent applications – whether they are facilitating digital assets, decentralized finance (DeFi) or decentralized autonomous organizations (DAO) – to benefit from Bitcoin’s…
The leading cryptocurrency by market value slipped by 1% to $27,546 during European hours having failed to keep gains above $29,000 on Thursday, CoinDesk data show. At 08:00 UTC, Deribit,…
In the past month, Connors noted, the value of the largest crypto by market cap has risen by over 20% compared to gold, up by about 8%, and U.S. 10-year…
In March, TeraWulf started bringing machines online in its Nautilus facility in Pennsylvania, which is fully powered by nuclear energy. At the site, the miner has secured power agreement for…
Users have been rewarded over $30 million in bitcoin since the debit card launch but the expanded collaboration comes at a time when the "demand for bitcoin onramps outside the…
At press time, the quarterly expiry on dominant crypto options exchange Deribit comprised 81,052 call options worth $2.24 billion and 60,261 put options worth $1.73 billion, according to data from…
Bitcoin (BTC) has added almost 72% to $28,500 this year, its best quarterly gain in two years, CoinDesk data shows. Arca Chief Investment Officer Jeff Dorman weighed in. Plus, Binance’s…
