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Bitmain Sets Release for L9 Miner, Promising ‘Unchallenged’ Efficiency in Scrypt Mining

According to the application-specific integrated circuit (ASIC) mining rig manufacturer Bitmain, the firm is gearing up to introduce its latest Scrypt miner. The L9, which boasts a hashrate of up…

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Digital Asset Investment Products Witnessed $126M Outflows Amid Investor Caution

Investor hesitancy continued as digital asset investment products witnessed a modest sum of $126 million in outflows last week. This reluctance could potentially be due to the stall in positive…

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Investor Hesitation Blamed as Crypto Investments See $942M Weekly Outflow: CoinShares

Investment products in digital assets witnessed a significant weekly outflow of $942 million, breaking the continuous seven-week streak of inflows reaching $12.3 billion. According to the CoinShares, this shift can…

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Coinbase Wants to Launch Futures Contracts These Crypto Assets on April Fools’ Day

The derivatives arm of the largest American cryptocurrency exchange, Coinbase, intends to launch futures trading contracts for Dogecoin DOGE), Litecoin (LTC), and Bitcoin Cash (BCH) by April 1, 2024. According…

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Active Addresses on Litecoin Hit New All-Time High 4 Months After LTC Halving: Report

Litecoin has witnessed increased network activity recently, with its active addresses soaring to all-time highs. According to a tweet from blockchain data analysis platform IntoTheBlock, the number of active addresses…

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Short Bitcoin Outflows Halt for the First Time in 14 Weeks: CoinShares Report

The summer period’s lackluster trading activity is evident as digital asset investment products recorded outflows of $107 million this week. The profit-taking has gathered tremendous pace lately, with weekly trading…

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