Key facts: Baltic Honeybadger 2022 will be held in Riga, Latvia on September 3-4. Guests include Michael Saylor, Jack Mallers and Marty Bent. Good news, bitcoiners! After three years, the Baltic Honeybadger conference lights up the streets of Riga, Latvia again. This fourth edition will take place on September 3 and 4, and will be part of the Riga Bitcoin Week 2022, one of the most anticipated weeks by cryptocurrency enthusiasts. Baltic Honeybadger is organized by Hodl Hodl, the exchange of P2P exchanges with bitcoin. The conference will have big surprises for all its attendees, and its panel of speakers…
Author: Crispin Castillo
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More than 48 native Terra projects began the migration process that will make them part of the Ethereum ecosystem, through Polygon. This is a side chain or side chain of the blockchain co-created by Vitalik Buterin. Ryan Wyatt, CEO of Polygon, he claimed recently in his account on the social network Twitter that the migration process has already started; although he did not mention any kind of relaunch of said projects in the network that he leads. Among the projects that Polygon will receive, the most anticipated, or at least the most promoted by them, is Open Planet. Is about…
Key facts: The estimated cost of electricity service in Paraguay is USD 0.033 KWh. Mining Bitcoin in Hawaii would cost more than $50,000 for each BTC reward. Bitcoin mining in Latin American countries such as Paraguay is cheaper than in any US state. The comparison arose after an infographic was released that suggests how much it costs to mine 1 bitcoin (BTC) in the North American country. Fernando Grijalba, a Bitcoin miner and business developer at Braiins, a mining company, tweeted a seemingly innocent response about the cost of mining Bitcoin in Paraguay. According to the platform cost calculator he…
Cryptocurrency exchange and wallet provider Blockchain.com is losing $270 million it previously lent to hedge fund Three Arrows Capital (3AC). The company “remains liquid, solvent, and our customers will not be affected,” Blockchain.com CEO Peter Smith wrote in a letter he recently sent to shareholders. This after the founders of 3AC declared the company bankrupt, according to publication from CoinDesk. the hedge fund would have collapsed due to falling cryptocurrency market pricescombined with poor risk management, leaving several companies in the sector exposed, as shown by CriptoNoticias in one of its notes. Blockchain.com also provides lending and custody services to…
Key facts: Analysts believe that the price may fall further, despite the recent rally. BTC inventories on exchanges continue to decline. Mercados al día is an exclusive summary of the news that moves the bitcoiner economy. It is sent in advance by email to a list of subscribers and then published every Monday in CriptoNoticias. If you want to have the information in advance, subscribe to the list here. After closing the first half with a 60% depreciation, the price of bitcoin (BTC) showed a rebound on Monday, July 4. It rose 14% this Saturday 9, although in the last…
Key facts: The Sri Lanza government declared bankruptcy, generating a social explosion. The Bitcoin market remains uncertain whether the price has bottomed out or not. In the week that ended yesterday, the events reported by CriptoNoticias took us around the world. From the Blockchain Summit Latam conference, which was held in Panama, to the socio-political crisis that hit Sri Lanka, through the closure of accounts in an exchange in Spain, this medium revealed the influence of bitcoin (BTC) and the industry of cryptocurrencies in society. The price of bitcoin, trading at $20,500 at the time of this publication, was not…
Bitcoin (BTC) and cryptocurrency lending platform Celsius reportedly lost more than $350 million by making high-risk leveraged investments in decentralized finance (DeFi) platforms. to such conclusion research firm Arkham Intelligence arrives, based on data on-chain and various clues scattered in Internet publications. According to Arkham Intelligence, Celsius (which has kept its clients’ cryptocurrencies locked since mid-June) relied on the services of fund manager Jason Stone, CEO of KeyFi. The report indicates that Celsius provided about $530 million in corporate funds to Stone, who used “high-risk leveraged cryptocurrency trading strategies.” The trades would not have been as successful as expected and…
As bitcoin (BTC) fails to consolidate its rally, bearish sentiment from Wall Street investors intensifies. 60% of the 950 Wall Street investors surveyed by MLIV Pulse believes that bitcoin is more likely to hit $10,000 than $30,000. Meanwhile, the remaining 40% think otherwise. This result shows the difference in thoughts about the near future of cryptocurrency. Although it makes it clear that bitcoin bearish sentiment prevails among wall street investors. If bitcoin drops to $10,000 as most investors surveyed think, it would be down 50% from now trading at $20,300. The cryptocurrency has been plummeting from the high of $22,300…
Key facts: For analyst Scott Melker, the key lies in the Fed, its president and inflation. Inflation seems to be the big key and the Fed has a main role. The attention of the cryptocurrency market is fully focused on discovering what will happen to its main asset in the short term. Everyone is asking the same question: will bitcoin (BTC) fall again or has its price already bottomed? The answer could be in the hands of “god”. Market analyst Scott Melker believes that “anxiety has kicked in and everyone is desperate to find the elusive bottom”. But there is…