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Bitcoin Mining Difficulty Drops Most Since July 2021 as Crypto Winter Cuts Profitability

6.12.2022
Bitcoin miners are being caught between rising costs and the lower price of bitcoin

Standard Chartered Bank: Bitcoin Could Fall to $5,000 Next Year

6.12.2022
Standard Chartered Bank says the price of bitcoin could drop to $5,000 next year. The bank’s analyst explained that cryptocurrencies could fall further and more crypto firms could “succumb to liquidity squeezes and investor withdrawals.” Standard Chartered Bank’s...

Ether Turns Inflationary as Network Usage Slows

6.12.2022
Ether's annualized inflation rate previously dropped below zero following the collapse of FTX-induced market volatility, which spurred a rise in Ethereum network usage. The positive inflation rate indicated ETH being minted outpaced being burned

DeFi Risk-Sharing Protocol Nexus Expects Loss on Maple Credit Pool Investment as FTX Contagion Widens

6.12.2022
Nexus Mutual, which offers an insurance alternative for decentralized finance traders, deposited some $19 million in ETH to Maple’s wrapped ether credit pool, which was rocked by Orthogonal Trading’s recent default

Built With Bitcoin Foundation Opens New Technology Center in Ghana

6.12.2022
The structure was built by Ghanian workers compensated in bitcoin, on land donated by local communities

Crypto Markets Today: FTX Fallout Hits Maple Finance; Bitcoin Declines

5.12.2022
The cryptocurrency-focused financial services firm won an auction to buy the company from crypto lender Celsius, which filed for Chapter 11 bankruptcy protection. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets

Silvergate CEO Attempts to Address Concerns in Public Letter

5.12.2022
Shares of the crypto-focused bank have been reeling in part due to links with failed crypto exchange FTX and sister company Alameda Research

Chainlink ‘Smart Money’ Might Be Pulling LINK Tokens Off Exchanges to Stake Them

5.12.2022
The blockchain analysis firm Nansen says that some crypto traders appear to be withdrawing the LINK tokens en masse ahead of Tuesday’s opening for early access to Chainlink’s new staking program

This Week’s NFT Sales Slid 5% Lower Than Last Week, Ethereum NFT Sales Accounted for 76.8% of the Volume

5.12.2022
On Monday, Dec. 5, 2022, market data shows that non-fungible token (NFT) sales dropped 5.23% lower than last week’s sales despite a 15.16% increase in NFT buyers. Out of the $112.70 million in NFT sales volume over the last week, Ethereum-based NFTs accounted for $86.59 million or 76.8% of the $112...