On July 28, the bitcoin mining company Bitfarms announced the completion of the second phase of its facility expansion, by adding roughly 18 megawatts (MW) of capacity to the operation. The mining facility dubbed “The Bunker,” now has approximately 3.8 exahash per second (EH/s), after the 18 MW increase boostedContinue Reading
The graph was a notable mover in Friday’s session, as the token rallied to a multi-week high. Prices rose by as much as 16% in today’s session, with chainlink also seeing its price climb by a double-digit percentage. Overall, the global crypto market cap is up 1.92% as of writing.Continue Reading
Bitcoin rose for a third consecutive session on Friday, as prices rose above $24,000 to end the work week. Today’s rise comes as sentiment in crypto remains bullish, following Wednesday’s interest rate hike by the Fed. Ethereum was also higher, as prices approached $1,800. Bitcoin Bitcoin (BTC) was trading higherContinue Reading
Following Voyager Digital’s application for bankruptcy protection during the first week of July, Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Board today issued a joint letter to the company demanding a cease and desist against Voyager’s FDIC claims. The FDIC’s letter explains that Voyager’s FDIC claims are falseContinue Reading
The global lending institution, the International Monetary Fund (IMF) has told the Kenyan central bank that its proposed digital shilling must “do no harm” to existing private sector digital money. The lender insisted the proposed central bank digital currency (CBDC) must “not stifle such welcome digitalisation developments by taking awayContinue Reading
Surging general interest in Bitcoin, ideal energy sources and other facts make Africa an ideal region for growing bitcoin mining operations. Mining headlines are typically filled with mentions of North America and Asia, with occasional mentions of Latin America. But another region of the world is showing some unnoticed signsContinue Reading
Bitcoin may eventually be labeled as a brand new type of property in the U.S. and U.K. because it doesn’t physically exist in any one specific location. The below is a direct excerpt of Marty’s Bent Issue #1243: “Is bitcoin the emergence of a new type of property in theContinue Reading
The danger of letting political interests control supposedly neutral data and science is obvious when terms are made subjective to fit the current narrative. Watch This Episode On YouTube Or Rumble Listen To The Episode Here: Apple Spotify Google Libsyn “Fed Watch” is a macro podcast with a true andContinue Reading
Global investment banks Goldman Sachs and JPMorgan have predicted an imminent recession in the euro area. “The risks to our forecast are skewed toward a sharper recession in the event of an even more severe disruption of gas flows, a renewed period of sovereign stress or a U.S. recession,” saidContinue Reading
After the crypto lender Celsius filed for bankruptcy protection on July 13, the company recently contacted customers and explained that an employee from one of the firm’s vendors accessed a list of Celsius client emails, and the email addresses were “transferred to a third party.” Furthermore, Celsius customers have writtenContinue Reading
