In 2023, the crypto industry has grappled with a prolonged bear market, and it seems like the darkest moment has passed: The BTC price has surged from $16,000 at the beginning of the year to $40,000, setting new records in these rough times; the total market cap of crypto assets…

When someone introduces Bitcoin to you, they always emphasize that it is a brand new form of currency, distinct from traditional fiat currencies. This distinction is directly tied to the origins of Bitcoin. Dissatisfied with the excessive issuance of currency by central banks during the 2008 financial crisis, Satoshi Nakamoto…

Recent weeks have witnessed a surge in crypto popularity, with the total market cap soaring from $1.05 trillion to $1.43 trillion within a mere month, a whopping rise of 36.2%. At the same time, Bitcoin has also continued its growth trend, approaching the critical threshold of $38,000. Positive events such…

Over the years, Bitcoin mining has been widely regarded as a resource-intensive industry with a negative impact on the environment. According to the Cambridge Centre for Alternative Finance (CCAF), Bitcoin mining consumes 141.8 TWh of electricity annually, equivalent to the energy usage of Ukraine, and it generates 71.8 Mt of…

As major mining rig manufacturers start to introduce their latest offerings in the latter half of 2023, the crypto mining industry is buzzing with excitement. Canaan unveiled its new miner, the A1466I, in Singapore on September 12, with an energy efficiency ratio of 19.5 J/T. Right after Canaan, BITMAIN launched…

Every year on October 31, children dressed in pumpkin masks and eccentric costumes may ask you for candy, and the cheerful bonfire parties are also hard to forget. That said, October 31 is not just a day for celebration in the real world, as it holds great significance for the…

The bear market still haunts the crypto industry, as indicated by various data in the recent report Crypto Market Recap Q3 2023 released by data tracking platform CryptoRank. Despite a temporary rebound in the crypto market led by Bitcoin which has briefly surpassed $34,000 as of this writing, it is…

The crypto space recently saw a comical blunder. Cointelegraph, a famous blockchain media outlet, posted a tweet claiming that the SEC had approved BlackRock’s iShares Bitcoin spot ETF at 21:21 on October 16 (UTC-5). The claim was later debunked by credible sources, and Cointelegraph also issued a clarification and soon…

Over the past month, cryptos including Bitcoin have remained sluggish, with lackluster performance in terms of total market cap, trading volume, and liquidity. Although the broader crypto market has continued to languish in a tough bear, a dark horse in the PoW category defied the odds in September, rising at…