A recent study by Block Scholes and Bybit reveals a resilient crypto derivatives market, despite recent market turbulence. The report provides insights into futures, options, and perpetual contracts, emphasizing the sector’s ability to withstand significant market events. Futures Market Stability Highlighted in New Report Despite Bitcoin Sell-Off The joint report from Block Scholes and Bybit […]
Sony Block Solutions Labs, an initiative by Sony Group, recently introduced Soneium, an Ethereum layer two (L2) blockchain. Designed to seamlessly connect Web3 and Web2, Soneium promises enhanced scalability, efficiency, and a developer-friendly environment. The project’s goal is to make blockchain technology more accessible by integrating it into mainstream applications. Soneium: Sony’s Bold Step Into […]
On Thursday, Bitcoin network fees took a significant leap, crossing the $ 100 mark shortly after 8:45 a.m. EDT. However, this spike was short-lived as fees quickly dropped, settling at just $ 0.34 per transaction by 7 p.m. EDT. Data collected from the day’s blocks revealed that a few fortunate bitcoin miners managed …
Venezuelan President Nicolas Maduro announced that he signed a document authorizing Conatel, the telecom regulator, to block access to the X social network for 10 days. This requires its owner, Elon Musk, to present several documents before allowing it to operate again in the country. Paradoxically, using X, Maduro called for an end to “plans […]
According to one expert, bitcoin currently needs to trade above $ 55,000 for miners to break even and $ 94,000 for them to return to profitability levels seen before the halving. To compensate for the revenue loss caused by the halving of Bitcoin’s block reward, miners are resorting to mergers or hostile takeover …