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Weekly overview

Read more about the article IMF execs float raising crypto mining electricity prices by 85%

IMF execs float raising crypto mining electricity prices by 85%

  • Post author:
  • Post published:August 16, 2024
  • Post category:Weekly overview

A tax on the energy used by crypto miners could cut emissions by 100 million tons a year, equal to Belgium’s emissions, say two IMF executives. Two executives from the…

Continue ReadingIMF execs float raising crypto mining electricity prices by 85%
Read more about the article Low users, sex predators kill Korean metaverses, 3AC sues Terra: Asia Express

Low users, sex predators kill Korean metaverses, 3AC sues Terra: Asia Express

  • Post author:
  • Post published:August 16, 2024
  • Post category:Weekly overview

Low user numbers and sex predator scandals are killing South Korean metaverses, 3AC sues Terra, Malaysian crypto kidnappings. Asia Express. Our weekly roundup of news from Asia curates the industrys…

Continue ReadingLow users, sex predators kill Korean metaverses, 3AC sues Terra: Asia Express
Read more about the article Bitcoin stagnates as bearish headwinds continue to blow

Bitcoin stagnates as bearish headwinds continue to blow

  • Post author:
  • Post published:August 16, 2024
  • Post category:Weekly overview

Bitcoin price falls as demand for leveraged long BTC futures and stablecoins drops. Bitcoin (BTC) has been stuck in a narrow range since Aug. 8, and unable to surpass $62,000…

Continue ReadingBitcoin stagnates as bearish headwinds continue to blow
Read more about the article ‘I expect to see no mention of Bitcoin’ — MARA CEO on Harris’ platform

‘I expect to see no mention of Bitcoin’ — MARA CEO on Harris’ platform

  • Post author:
  • Post published:August 16, 2024
  • Post category:Weekly overview

Depending on the November presidential election outcome, Fred Thiel said he would consider “looking outside the US” for Bitcoin mining firm MARA’s operations. United States Democratic presidential nominee Kamala Harris…

Continue Reading‘I expect to see no mention of Bitcoin’ — MARA CEO on Harris’ platform
Read more about the article Ethereum traders say ETH price at risk of a deeper correction to $1.6K

Ethereum traders say ETH price at risk of a deeper correction to $1.6K

  • Post author:
  • Post published:August 16, 2024
  • Post category:Weekly overview

Multiple analysts believe that Ethereum price is likely to touch new lows near $1,600. Ether’s price is trading 25% above the eight-month low of $2,112, reached on Aug. 5. The…

Continue ReadingEthereum traders say ETH price at risk of a deeper correction to $1.6K
Read more about the article Public miners raised $2.2B as cash flow crunch intensifies post-halving

Public miners raised $2.2B as cash flow crunch intensifies post-halving

  • Post author:
  • Post published:August 16, 2024
  • Post category:Weekly overview

A total of nine out of 13 US-listed Bitcoin mining companies raised capital through stock offers in the second quarter of 2024. Public mining companies are turning to debt financing…

Continue ReadingPublic miners raised $2.2B as cash flow crunch intensifies post-halving
Read more about the article Circle proposes new capital-risk framework for stablecoins

Circle proposes new capital-risk framework for stablecoins

  • Post author:
  • Post published:August 16, 2024
  • Post category:Weekly overview

In July 2024, Circle became the first stablecoin issuer to comply with the European Union’s Markets in Crypto-Assets regulatory framework. Circle, the issuer of the USD Coin (USDC) stablecoin, recently…

Continue ReadingCircle proposes new capital-risk framework for stablecoins
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