September 30, 2022

Bitcoin profitability for long-term holders decline to 4-year low: Data

[ad_1] Bitcoin’s (BTC) long-term profitability has declined to levels last seen during the previous bear market in December 2018. According to data shared by crypto analytic firm Glassnode, BTC holders are selling their tokens at an average loss of 42%. Bitcoin long term holders,  Source: Glassnode The Glassnode data indicate that long-term holders of the …

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Sam Bankman-Fried reportedly intended to join the Twitter deal in March

[ad_1] Not only Elon Musk thought of buying Twitter — crypto billionaire and CEO of exchange FTX Sam Bankman-Fried “was interested” in acquiring the social network back in March 2022, according to a report from Business Insider. In the piece, published on Sept. 29, journalists refer to private texts released amid the court battle between …

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Spain’s largest telecom brand dives deep into Web3

[ad_1] With crypto adoption moving forward in various parts of the world, Spain continues to encounter major developments in its local blockchain space as its largest telecom services provider dives deeper into Web3 technologies.  Telefónica, the multinational telecom company based in Madrid, Spain, has enabled payments with cryptocurrencies like Bitcoin (BTC), Ether (ETH), Litecoin (LTC), …

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Bitcoin price due ‘big dump’ after passing $20K, warns trader

[ad_1] Bitcoin (BTC) returned to intraday resistance on Sep. 30 as analysis predicted that $20,000 could break before a new comedown. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Crunch time for $20,000 Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it circled $19,600 at the time of writing. The pair had seen a …

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Nifty News: Enter the afterlife in style, Solana NFT game demo hits Epic store and more

[ad_1] The company behind the Spartan Race has released a nonfungible token (NFT) collection which will immortalize the names of the initial holders in stone, with plans to build a 35-foot (10.5 meter) statue in Ancient Sparta encircled with 15,000 name-engraved stones. Spartan founder and CEO Joe De Sena plans to bury his ashes under …

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45% of ETH validators now complying with US sanctions — Labrys CEO

[ad_1] According to the CEO of blockchain development agency Labrys, Lachan Feeney, approximately 45% of all Ethereum blocks currently being validated run MEV-boost relay flashbots and comply with United States sanctions. Speaking to Cointelegraph in an interview on Sept. 30, Feeney noted that while reports have stated that 25% of all blocks validated since the …

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Blockchain gamers surge as users attempt ‘stacking crypto:’ DappRadar

[ad_1] User activity on blockchain gaming decentralized applications (DApps) surged in September, with a host of games posting significant increases in the number of active users. According to data from DappRadar, seven out of the top 10 games in terms of the number of “unique wallet addresses interacting with dapp’s smart contracts” increased over the …

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Researchers allege Bitcoin’s climate impact closer to ‘digital crude’ than gold

[ad_1] The Bitcoin (BTC) bashing has continued unabated even in the depths of a bear market with more research questioning its energy usage and impact on the environment. The latest paper by researchers at the department of economics at the University of New Mexico, published on Sept. 29, alleges that from a climate-damage perspective, Bitcoin …

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BlackRock’s newest ETF invests in 35 blockchain-related companies

[ad_1] BlackRock, the world’s largest asset manager, has just launched a new exchange-traded fund (ETF) providing European customers with exposure to the blockchain industry, while reports indicate a Metaverse-focused ETF may be on the way.  The newly launched blockchain ETF on Sept. 27 is called the iShares Blockchain Technology UCITS ETF (BLKC). BlackRock said 75% of its holdings …

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‘I’ve done nothing wrong’ — Lark Davis denies ‘pump-and-dump’ allegations

[ad_1] Crypto influencer Lark Davis has refuted new allegations from Twitter “on-chain sleuth” ZachXBT of shilling “low cap projects” to his audience “just to dump them shortly after.” Davis was responding to a Twitter thread posted by Zach on Sept. 29, containing allegations that he profited over $1.2 million through selling tokens from crypto projects …

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