Publicly listed Bitcoin (BTC) miners sold off almost all of the Bitcoin they mined throughout 2022, leading to a debate over whether the sales created “a persistent headwind” for the Bitcoin price or not.  Analyst Tom Dunleavy from blockchain research firm Messari shared the data in a Dec. 26 tweet, indicating that approximately 40,300 of the 40,700 BTC mined by Core Scientific, Riot, Bitfarms, Cleans Park, Marathon, Hut8, HIVE, Iris Energy, Argo and Bit Digital from Jan. 1 to Nov. 30 was… Source link

When Ethereum finally moved from a Proof of Work (PoW) to a Proof of Stake (PoS) mechanism, it had been done to much fanfare in the community. Most celebrated the new promise of better efficiency and significantly less energy consumption. However, just months after the upgrade, a new problem has reared its head and that is how much easier it is to sanction ETH transactions. 60% Of Ethereum Blocks Follow OFAC Back in August, the US Office of Foreign Assets Control (OFAC) imposed sanctions on… Source link

A popular crypto strategist says that Litecoin (LTC) could go on an epic surge before the peer-to-peer payments network’s halving event next year. Pseudonymous analyst Rekt tells his 329,900 Twitter followers that Litecoin is showing signs of strength on the higher timeframe after rallying above its long-term accumulation level. According to the crypto strategist, LTC could be mirroring its 2019 price action when it rallied from around $70 to $146 in just a few months. “[The]… Source link

Permissionless is the brainchild of Blockworks and Bankless. Over 5,500 people attended the inaugural event in 2022, making Permissionless the world’s largest DeFi conference.  What sets Permissionless apart? It’s a crypto native’s paradise, crafted specifically for both builders and investors who […] Source link

Sparklo is one of the newest and most exciting cryptocurrencies to enter the market. Fantom (FTM) and Monero (XMR) investors may find that it’s a great opportunity for them to expand their cryptocurrency portfolios. With its vast growth potential, Sparklo could be an attractive investment option for Fantom (FTM) and Monero (XMR) investors. So why not explore what Sparklo has to offer? Monero (XMR) Does Quite Well But With No Significant Growth Monero (XMR) is a cryptocurrency that has… Source link

Timing is vital in the cryptocurrency market, and this article will help you decide which coins are best to invest in before the new year. For optimal diversification, we examine various altcoin projects, from presales to brand-new coins to established cryptocurrencies that have been around for a while. From the classic cryptocurrency Ethereum (ETH) to the new meme coin project, Big Eyes Coin (BIG), this article explores all options. Ethereum (ETH): The Global Blueprint  Ethereum is a… Source link

Geneva, Switzerland–(Newsfile Corp. – December 27, 2022) – TRON DAO, a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps, today announced that it has joined the Enterprise Ethereum Alliance (EEA). As an EEA member, TRON DAO will collaborate with EEA and its members, the leading business adopters, innovators and leaders within the Ethereum ecosystem, to accelerate the pace of Ethereum business advancements and adoption.

Illustration: Sarah Grillo/Axios When reading the latest obituaries for blockchain and cryptocurrencies, it helps to remember they’ve been written before. The big picture: There have been many crypto booms and busts. But in each bust, the bottom is a little higher than it was the time before. This is the slow build that believers count on to eventually bring crypto mainstream. There are people all over the world committed to cryptocurrency’s endurance, with hundreds of billions of dollars in… Source link

Bitcoin (BTC) is beating records this Christmas as sub-$17,000 price action sparks unrivaled pain for hodlers. Data from on-chain analytics firm Glassnode shows that both short-term and long-term investors are sitting on more losses than ever before. New or old, Bitcoin hodlers nurse serious losses Since the FTX meltdown sent crypto markets tumbling, BTC/USD has failed to recover. Its descent to levels last seen two years ago has created problems for hodlers who bought in more recently —… Source link

A closely followed crypto analyst believes that one altcoin built on the Ethereum (ETH) blockchain is gearing up for a bullish 2023. In a new strategy session, Michaël van de Poppe tells his 164,000 YouTube subscribers that decentralized oracle network Chainlink (LINK) must take out its immediate resistance to ignite a massive surge. “If Chainlink is going to crack this resistance that we have here which is the area at $7.78, that is going to be the area after which we start to… Source link