Crypto’s Changing Landscape Forces On-Chain Firm Parsec To Shut After 5 Years
On-chain analytics firm Parsec is calling it quits after five years in the business — a sign that one slice of the crypto tool market no longer matched trader needs. Related Reading: CLARITY Act On Track For April Passage, Senator Says Its CEO, Will Sheehan, summed it up plainly: the firm had been building for […]
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Bitcoin hashing power pushed the difficulty up about 15% to a little past 144 trillion on Friday, based on data from CoinWarz. That move reversed an earlier drop of 10% that followed widespread outages in parts of the US. Related Reading: Crypto’s Changing Landscape Forces On-Chain Firm Parsec To Shut After 5 Years The numbers […]
Bitcoin held its ground over the weekend as US President Donald Trump said late Saturday that he was increasing a recently announced global tariff from 10% to 15% and that the new rate would take effect immediately. Related Reading: Crypto’s Changing Landscape Forces On-Chain Firm Parsec To Shut After 5 Years The move came after […]
Metaplanet’s boss adamantly opposed this week, saying critics on social media got the story wrong about big Bitcoin buys, options bets and borrowings that have shaken some investors. Related Reading: Crypto’s Changing Landscape Forces On-Chain Firm Parsec To Shut After 5 Years Simon Gerovich said the company made each purchase public and that its own […]
Increased regulatory scrutiny from China is changing the bitcoin mining landscape. But where will hash rate go?
China announced last week that financial institutions in the country would no longer be able to sell Bitcoin services, and that mining would be prohibited. Many in the Bitcoin community, including this paper, reacted with skepticism to the news, noting that China has previously “banned” its companies from using Bitcoin with little effect, and that […]