When the world’s largest cryptocurrency last reached a price high, China had yet to crack down on crypto mining, and there was no U.S. Bitcoin futures ETF. What do changing market conditions mean for the growth of Bitcoin and the crypto industry?
DeFi is a real-world experiment testing out a new model for finance, writes Alex Grebnev of Oxygen. What is the future of banking without Wall Street?
Bitcoin set another record as it traded above US$67,000 Wednesday, one day after ProShares’ first-day trading volume reached nearly US$1 billion
On the morning after the successful debut of the first U.S.-approved Bitcoin futures exchange-traded fund, Bitcoin’s price surpassed $65,000, reaching an all-time high. Fast facts On Wednesday, Bitcoin reached a high of US$67,276.79, according to Coingecko. Bitcoin’s previous peak was US$64,804.72 on April 14, 2021. The first U.S. Bitcoin-futures exchange-traded fund, ProShares Bitcoin Strategy ETF,…
More industry players are exiting the Chinese mainland market amid tougher crackdown.
Bitcoin miners saw another mining difficulty adjustment on Tuesday, with an increase of 0.95%, according to data from BTC.com. Fast facts The mining difficulty level is now at 20.08 trillion at block height 705,600, reflecting the most difficult level since a previous adjustment on May 30, the data show. The latest adjustment follows six increases after four consecutive…
Money, culture and community are now converging in NFTs and the token economy, writes Lily Z. King. Welcome to a new world where ‘money Lego’ meets ‘culture Lego.’
More than one-third — or 37% — of Singapore residents are already using or are interested in using cryptocurrencies to pay for purchases, according to the latest research from Worldpay from FIS, a payment platform. But nearly half — or 47% — of Singaporean respondents said that they were not interested in using cryptocurrencies for payments.…