Bitcoin's hash rate hits a record 500 exahashes per second, drawing praise from Elon Musk. Yassine Elmandjra compares Bitcoin's processing power to astronomical scales. Musk's ongoing crypto interest includes considering Bitcoin use on Mars.
EdmundThe FDIC said early estimates showed that Silicon Valley Bank's failure cost its Deposit Insurance Fund around $20 billion.
CryptoSlateDCG has come under increasing pressure to address a discount that had widened to nearly 50% towards the close of 2022.
CoindeskThe shares have not traded at a premium to bitcoin since last March.
OthersWhile GBTC’s discount crossed a record 50% Monday morning, Grayscale is unlikely to act, industry watchers say.
BlockworksThe expert, who is a Senior Commodities Analyst at Bloomberg Intelligence, used the word "discount" in reference to the current prices of these assets in his statement.
OthersHash rate on the bitcoin network has hit a new all-time high of 281.79 million TH/s, and its next halving dates is projected to be as early as Q4 2023.
BeincryptoThe US-based stock and crypto trading platform has reportedly secured a 60% cut on the initial offer made to Ziglu due to poor market conditions.
CointelegraphWhat the central bank directly adjusts is the policy interest rate (such as the interest rate of MLF), which indirectly affects rather than directly determines the market interest rate (such as LPR). It should be avoided to say that the increase or decrease of LPR is "the central bank raises or lowers the benchmark lending rate".
FtftxWith the market currently in peril, Ethereum whales are taking this as an opportunity to add more coins to their ...
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