Tag: Cryptoslate

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Core Scientific to increase CoreWeave infrastructure access to 270 MW

Bitcoin mining firm Core Scientific updated its agreement with AI hyperscaler CoreWeave to provide the latter with 270 megawatts (MW) of total infrastructure access, according to a June 25 press

Bitcoin supply in Asia doubles, mirroring 2017 bull run pattern

Onchain Highlights DEFINITION: This metric aims at giving an estimate for the year-over-year change in the share of the Bitcoin supply to be held/traded in Asia Bitcoin’s year-over-year supply

Ava Labs eyes web3 integration in South Korea’s booming K-Pop industry

Ava Labs, the developer behind the Avalanche blockchain network, is working on introducing web3 technologies to enhance intellectual property management in the rapidly growing K-pop market Justin

Bitcoin’s post-halving volatility during US hours reveals historical patterns

Onchain Highlights DEFINITION: This metric shows the 30-day change in the regional price set during US working hours, ie, between 8 AM and 8 pm Eastern Time (13:00-01:00 UTC), respectively, and

VanEck’s zero fees are part of plan to become the ‘go-to provider for crypto ETFs’

VanEck recently disclosed it would waive fees for its spot Ethereum ETF, adopting a similar strategy to its Bitcoin counterpart launched earlier this year The firm’s head of digital assets

Congressman introduces bill to enable federal tax payments in Bitcoin

Congressman Matt Gaetz (R-Fla) introduced legislation on June 25 that would require the IRS to begin accepting federal tax payments in Bitcoin Gaetz emphasized the potential benefits of this

Bitcoin accumulation trend shifts as entities increased holdings ahead of 2024 halving

Onchain Highlights DEFINITION: The Accumulation Trend Score is an indicator that reflects the relative size of entities that are actively accumulating coins on-chain in terms of their BTC holdings

Crypto fear and greed index plunged to 30 amid market volatility, lowest since January 2023

Onchain Highlights DEFINITION: The crypto market behavior is very emotional People tend to get greedy when the market is rising, which results in FOMO (Fear of missing out) Also, people often sell

Aave DAO evaluates joining Lido Alliance to boost staked Ethereum market

Aave’s decentralized autonomous organization (DAO) is evaluating a proposal to join the Lido Alliance and establish a dedicated market for the liquid staking protocol’s staked Ethereum

Bitcoin-focused Metaplanet sets up subsidiary in British Virgin Islands

Bitcoin bull Metaplanet has established a new subsidiary, Metaplanet Capital Limited, to enhance its Bitcoin management and expand into new regions According to a June 25 statement, Metaplanet

Bybit surpasses Coinbase to become second largest crypto exchange by volume – Kaiko

Quick Take In recent months, Bybit crypto exchange has surged to become the second-largest exchange by volume, surpassing Coinbase, according to data from Kaiko Since October 2023, Bybit has doubled

Fideum unveils launchpad democratizing crypto investment access

Fintech company Fideum has launched a launchpad to democratize access to promising crypto projects, according to a June 25 statement The platform would offer investors a secure and user-friendly