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MicroStrategy will soon be far cheaper for smaller investors to gain exposure to.
Here are the advantages and disadvantages that a potential SHIB ETF could provide.
Share link:In this post: Litecoin sees significant turnover, moving up to 60% of its supply in a single day. LTC prices stagnated, with short positions dominating on most exchanges. Miners keep their activity at an all-time high, not capitulating despite low LTC prices.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a q
Quick Take Blockchain startup Story is coming out of stealth with its bespoke Layer 1 network built for IP management. The project is backed by investors including Paris Hilton’s 11:11 Media, Samsung Ventures and Andreessen Horowitz. Story is using an EVM-compatible blockchain together with a custom “Proof-of-Creativity” consensus algorithm.
Share link:In this post: U.S. inflation dropped to 3% in June, the lowest since 2021, raising hopes for potential Federal Reserve interest rate cuts. The unemployment rate rose to 4.1%, the highest since the pandemic, causing concerns despite no immediate recession threat. Treasury yields fell, and stock futures rose after the CPI data release, with traders betting on interest rate cuts this year.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any invest
- 02:14Data: A whale deposited 13.94 million ENA into CEX about 5 hours ago, valued at approximately $4.66 million.According to ChainCatcher, monitored by Spot On Chain, a whale deposited 13.94 million ENA into CEX about 5 hours ago, valued at approximately $4.66 million. These tokens were released from an Ethena Labs contract 3 days ago.
- 02:13Cambridge University Report: The Use of Sustainable Energy in Bitcoin Mining Has Increased to 52.4%PANews, April 29th - A new study by the Cambridge Centre for Alternative Finance (CCAF) at the Cambridge Judge Business School has found that the use of sustainable energy in Bitcoin mining has increased to 52.4%, with natural gas now replacing coal as the largest single energy source for Bitcoin mining. The report indicates that the use of sustainable energy in Bitcoin mining is at 52.4%, comprising 9.8% nuclear energy and 42.6% renewable energy sources such as hydropower and wind energy. In comparison, the overall use of sustainable energy in 2022 was estimated at 37.6%. Natural gas has become the largest single energy source in Bitcoin mining, accounting for 38.2% (up from 25.0% in 2022), while coal usage has dropped to 8.9% (down from 36.6% in 2022). Based on the report's data, which represents 48% of global mining activity, the study estimates Bitcoin's annual electricity consumption at 138 TWh, approximately 0.5% of the global total electricity consumption, with the entire network corresponding to emissions of 39.8 million metric tons of carbon dioxide equivalent (MtCO2e). The data further highlights North America's critical role in the digital mining industry, with the United States accounting for 75.4% of the Bitcoin mining activities in the report, followed by Canada at 7.1%.
- 02:08A whale address that previously went long on 15,000 ETH sold 4,491.2 ETH 6 hours ago, incurring a loss of $21,700A whale address that previously went long on 15,000 ETH sold 4,491.2 ETH 6 hours ago, incurring a loss of $21,700. According to Jinse, on-chain analyst Ai Yi (@ai_9684xtpa) monitored the transaction, revealing that the whale address sold 4,491.2 ETH 6 hours ago, with the transaction valued at approximately $8.068 million, resulting in a loss of approximately $21,700. The address still holds 10,510 ETH, with an average entry price of $1,801.24, and currently has an unrealized profit of about $33,400.