Law Decoded, May 30–June 6: Terra’s aftermath in China, Japan and South Korea
Last week brought some notable reactions to the stablecoin’s depegging in the East Asia region.
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Traders think Bitcoin bottomed, but on-chain metrics point to one more capitulation event
BTC price gravitates around the low $30,000 zone, luring traders to believe the bottom is in, but data from Glassnode warns of another final sell-off.
Bitfinex Bitcoin longs hit a record-high, but does that mean BTC has bottomed?
A key derivatives metric used by margin traders has hit a record-high, but there’s plenty of risk and a catch to consider.
Bitcoin Miners Forced to Sell as Crypto Market Stagnates
The amount of Bitcoin transferred from mining companies to crypto exchanges has hit its highest levels since February. Miners Under Pressure Bitcoin miners appear to be capitulating. Several metrics suggest...
BTC price snaps its longest losing streak in history — 5 things to know in Bitcoin this week
The longest weekly losing streak in Bitcoin history is finally broken, but the mood among analysts is anything but unanimously bullish.
Bitfarms Worried About The Fall In Bitcoin Prices Amidst Its Investment Plan in Latam
Bitfarms, a global bitcoin mining company, has told that the price of bitcoin, above all other elements, is one of the most important factors for the future of the industry.…
Ethereum’s Hashrate Surpasses Lifetime High as The Merge Gets Closer
Following the all-time high (ATH) recorded in May, Ethereum’s hashrate has been breaking records again, as it reached 132 petahash per second (PH/s) on Saturday, June 4. Presently, Ethereum’s hashrate…
New York State Senate Passes Crypto Mining Moratorium Bill
The New York State Senate has passed a bill that will ban most cryptocurrency mining. Bill Would Ban NY Crypto Mining A bill placing a two-year moratorium on Proof-of-Work cryptocurrency...
New York Bill That Aims to Establish a Bitcoin Mining Moratorium Awaits Governor Hochul’s Signature
The state of New York passed a bill that puts a moratorium on specific types of cryptocurrency mining operations that leverage carbon-based energy sources. The policy will place a two-year…
White House Investigating Crypto Energy Consumption
A White House task force is currently examining the advantages and disadvantages of cryptocurrency mining with the aim of providing the Biden administration with appropriate policy recommendations. Appropriate Policy Responses...
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