‘August was a landmark month’

‘August was a landmark month’

An odd, symbiotic relationship has formed under the Texas heat dome between energy and cryptocurrency officials. In an effort to free up electricity during the August heat wave, Lone Star State power... Read more »
Bitcoin Miner Gets Paid Nearly  Million To Reduce Mining Rate This August

Bitcoin Miner Gets Paid Nearly $32 Million To Reduce Mining Rate This August

ERCOT, the Texan energy grid operator, has long had an informal relationship with crypto mining companies in the state. Since crypto mining companies often consume enormous amounts of electricity to power their... Read more »
Marathon’s Bitcoin mining rate fell 9% in August

Marathon’s Bitcoin mining rate fell 9% in August

United States-based crypto mining operator Marathon Digital Holdings produced 1,072 Bitcoin (BTC) in August — 9% less than in July but five times more than in August 2022. On Sept. 5, Marathon... Read more »
XRP Records Highest Average Daily Trade Volume Among Altcoins In August

XRP Records Highest Average Daily Trade Volume Among Altcoins In August

Prominent crypto research firm Kaiko reports that the XRP token recorded impressive trade volume strides across August 2023. This development comes amidst the token poor price performance in the said month.  XRP... Read more »
M in crypto lost to hacks in August: Report

$16M in crypto lost to hacks in August: Report

A total of $15.8 million in cryptocurrencies was lost to hacks or exploits in the month of August.  According to an Aug. 31 report by blockchain security firm Immunfi, a combined $23.4... Read more »
Bitcoin saved from torrid August by landmark Grayscale ruling | The Mighty 790 KFGO

Bitcoin saved from torrid August by landmark Grayscale ruling | The Mighty 790 KFGO

By Tom Wilson LONDON (Reuters) – Bitcoin’s gains from a U.S. court ruling that bolsters future prospects for retail investor-friendly funds have rescued the original cryptocurrency from a torrid month, offering new... Read more »
4 Cryptocurrency Stocks to Watch as Market Volatility Lingers – August 17, 2023

4 Cryptocurrency Stocks to Watch as Market Volatility Lingers – August 17, 2023

The cryptocurrency rally that saw prices of Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE) and Cardano (ADA) soar in the first half of the year has suddenly come to a halt over the... Read more »
Best Crypto to Buy Now 11 August – Fantom, Rocket Pool, Sui

Best Crypto to Buy Now 11 August – Fantom, Rocket Pool, Sui

The U.S. Securities and Exchange Commission (SEC) has opted to postpone its decision on Ark Invest’s proposal for a Bitcoin ETF, continuing a longstanding challenge for cryptocurrency assets seeking inclusion on mainstream... Read more »
Bitcoin perpetual futures funding rate soars in August: Here’s what this means

Bitcoin perpetual futures funding rate soars in August: Here’s what this means

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage... Read more »
Technical Signal Blinks Green For Bitcoin ($BTC), $ROE, and Altcoins To Rip Higher in August – CryptoMode

Technical Signal Blinks Green For Bitcoin ($BTC), $ROE, and Altcoins To Rip Higher in August – CryptoMode

As Bitcoin makes a promising recovery, a rare indicator known as the Bollinger Bands Width (BBW) squeeze is flashing green for the leading cryptocurrency. This indicator, appearing only twice in Bitcoin’s history,... Read more »