December

Polkadot, MATIC, The Sandbox Price Analysis: 18 December

Polkadot, MATIC, The Sandbox Price Analysis: 18 December

While Bitcoin struggled to cross the $47,000-level, the fear sentiment had already heightened. Despite this, MATIC and The Sandbox managed to bag daily gains on their charts as the near-term buying pressure increased. Polkadot bulls, however, failed to alter the broader trend as it continued to flash weak near-term technical indications. Polkadot (DOT) TradingView, DOT/USDT …

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Bitcoin’s Bullish Trajectory Intact, but December Jump to $100K Looks Unlikely: Analysts

Bitcoin’s Bullish Trajectory Intact, but December Jump to $100K Looks Unlikely: Analysts

Bitcoin needs to chart a 77% rally in the next four weeks to reach the widely forecast year-end value of $100,000. While analysts are bullish on the cryptocurrency, they don’t foresee a rally to six figures in the short term. “The latest Commitment of Traders report shows net-long positioning on the Chicago Mercantile Exchange, with …

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Nuclear-powered bitcoin mining is coming to Ohio in December

Nuclear-powered bitcoin mining is coming to Ohio in December

The nuclear and fossil-fuel based power generator Energy Harbor Corp announced Monday that it has partnered with bitcoin mining hosting provider Standard Power, according to a press release.  The bitcoin mining endeavor will commence in December of 2021. Standard Power will convert an abandoned paper mill in Coshocton, Ohio into a mining facility that uses …

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December was a record volume month for Ethereum options

December was a record volume month for Ethereum options

December of 2020 beat out the previous month’s all-time high for Ethereum options trading volume, according to data compiled by The Block. November generated $1.83 billion worth of options while December had $2.24 billion — a 22.4% increase.  Deribit had 83.4% of the Ethereum options trading volume. Next was OKEx with 13.9% of the volume, …

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ETH 2.0 client team Prysmatic Labs is releasing a new test network this weekend

$188 million in ETH tied to PlusToken Ponzi moves for first time since December

Nearly 790,000 ETH – worth roughly $188 million – held in a wallet connected to the PlusToken Ponzi scheme were on the move in a pair of transactions. Those two transactions, accounting for 789,533 ETH, can be viewed here and here. The last time these funds moved was on December 19. The transactions come two …

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