Starcloud CEO Philip Johnston noted that it is 30 times cheaper to mine Bitcoin on ASICs than on GPUs in space on a kilowatt-hour basis.
Flow Foundation files court motion to block Korean exchange delistings
Every major global exchange has restored full FLOW services, said the Foundation on Monday.
Bitcoin correlation with tech stocks overblown: NYDIG
NYDIG’s Greg Cipolaro says that Bitcoin and tech stocks aren’t converging and are likely just reacting to macroeconomic conditions rather than trading in tandem.
Crypto regulatory clarity matters more for banks, ex-CFTC chief says
If the CLARITY Act fails to pass, Giancarlo said he expects Paul Atkins at the SEC and Mike Selig at the CFTC will likely write rules to create clarity for the industry.
Crypto funding up 50% in 12 months as fewer, larger deals dominate
Despite a rise in crypto fundraising, Messari’s Eric Turner noted that no major crypto VCs have closed rounds except Dragonfly recently, stating that crypto “needs some fresh capital.”
Bitcoin drops 2% as oil prices surge on energy shortage fears
Bitcoin’s price has now fallen over four consecutive days to $66,272 after initially climbing on the US-Israel strikes on Iran.
Saylor signals another Bitcoin buy as BTC hovers near $66K
Strategy’s Bitcoin treasury is valued at over $48.4 billion at the time of this writing, but with a net asset value of less than 1, it’s trading at a discount.
Brazil’s Pix instant payments system expands to Argentina
The Pix payment system is credited with driving crypto adoption in Argentina, according to a report from the Lemon crypto application.
Michael B. Jordan takes the lead on Polymarket for Oscars Best Actor
“Sinners” star Jordan’s odds of winning the Best Actor honors at next week’s Academy Awards were only 10% on March 1, hours before he won SAG’s top male actor award.
Bitcoin preps fresh trend line showdown as weekly close sparks $60K target
Bitcoin price weakness brought back the risk of cementing its 200-week exponential moving average trend line as new resistance.