Hashrate figures for Bitcoin set new highs on Sunday night after crossing previous highs from mid-2021, data from analytics tool Glassnode show. Hashrate refers to the amount of computational power used by miners dedicated to the minting of new bitcoins and verification of new transactions on the Bitcoin network. Millions of calculations are solved each […]
Archives for January 2022
First Mover Asia: Bitcoin Rides $46K-$48K Weekend Tide After ‘Crypto Witching Day’
(Edited by Greg Ahlstrand and James Rubin) Good morning. Here’s what’s happening: Market moves: Bitcoin traded in a narrowed range after “crypto witching day” ended Technician’s take (Editor’s note): Technician’s Take is taking a hiatus for the holidays. In its place, First Mover Asia is publishing CoinDesk contributor Jeff Wilser’s Q&A with Cathy Hackl, sometimes […]
12 Big-Picture Power Shifts to Watch in 2022
This episode is sponsored by Nexo, Abra and FTX US. Download this episode On “The Breakdown’s” first episode of the new year, NLW looks at the most important power shifts that he’s watching this year, including: Fed vs. stock market U.S. midterm elections Stablecoins vs. CBDCs China and Russia vs. the dollar Bitcoin vs. fiat […]
Half a Dozen of India’s Crypto Exchanges Searched After Alleged Rupee 700M Tax Evasion Detected: Sources
India’s tax authorities have conducted searches at some of India’s biggest cryptocurrency exchanges including “Coinswitch Kuber, CoinDCX, BuyUCoin, and Unocoin after what they deemed tax evasion of Rs. 40.5 Crores (400 million INR or $6 million USD approx.) was detected at cryptocurrency exchange WazirX, according to sources with direct knowledge of the searches. On Dec. […]
Grayscale Holds $43B in Crypto Assets Under Management, Down From $60.9B in Early November
Grayscale Investments has $43.6 billion in crypto assets under management (AUM), the digital asset manager tweeted on Friday – a more than 28% decline from the $61 billion the digital asset manager held in early November. 12/31/21 UPDATE: Net Assets Under Management, Holdings per Share, and Market Price per Share for our Investment Products. Total […]
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