Core Scientific Sold More Bitcoin in July Than It Mined

www.coindesk.com Core Scientific (CORZ), one of the largest bitcoin miners by hashrate produced 1,221 bitcoins in July while selling 1,975 to pay for capital and growth expenses. The miner received a total of $44 million, or $22,000 each, according to a statement published Friday. Core used the cash from the sale for capital investments related …

F1 Racing Team Aston Martin Adds Bitcoin Payments For Its Online Store

thecryptobasic.com F1 Racing Team Aston Martin Adds Support For Crypto Payments To Enable Crypto Users To Shop On Its Online Store. It’s a big win for the crypto industry as one of the biggest Formula One teams starts accepting crypto payments. Crypto’s have been winning huge support from various economic sectors over the last few …

Three fundamental drivers for Bitcoin’s potentially bright future

finbold.com Bitcoin (BTC) is trading back above the $23,000 mark but the flagship digital asset is still far cry from its all-time high of $67,000 it reached in November 2021.  Nevertheless, the maiden cryptocurrency may have a bright future if three fundamental forces, namely inflation, halving, and adoption – continue to exert their strong influence. …

FlokiFi Locker Protocol Gets Massive Exposure As RadioShack Lists Floki Inu

thecryptobasic.com Floki Inu (FLOKI) Partners with RadioShack to Use the Newly-Released FlokiFi Locker Protocol. RadioShack Swap added support for Floki Inu. Floki’s first-ever partnership with RadioShack to boost the adoption of the newly-released, innovative crypto locker solution FlokiFi Locker protocol. 🎉NEW LISTING!🎉@RealFlokiInu has just been listed on RadioShack! (ETH) $FLOKI Website: https://t.co/IbApNmqcRU Start Swapping Now …

Citi: Ethereum’s Merge Will Have Several Consequences for the Blockchain

www.coindesk.com The Ethereum blockchain’s planned Merge, an upgrade that changes it from a Proof-of-Work (PoW) system to a more environmentally friendly Proof-of-Stake (PoS) mechanism, will have a number of consequences, Citi (C) said in a research report Thursday. These include lower energy intensity, the transition into a deflationary asset and a “potential roadmap to a …

Crypto Analyst Lark Davis Says “Don’t Sell” Your Bitcoins to BlackRock

www.cryptoglobe.com Highly popular New Zealand based crypto analyst said earlier today (August 5) talked about the strategic partnership between Coinbase and BlackRock (the world’s top asset management firm by total AUM) that was announced yesterday. BlackRock, which was founded in 1988, started with just eight people working in one room. It made its Initial Public …

Bitcoin (BTC) Reclaims $23,000 After Short-Term Deviation

beincrypto.com Bitcoin (BTC) has reclaimed a minor horizontal support level at $22,700 and could soon make another attempt at breaking out from a longer-term pattern. BTC has been increasing inside an ascending parallel channel since June 19. More recently, it reached the resistance line of the channel on July 30, was rejected and has been …