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As oil surges past $100 amid escalating Middle East tensions, the question for the Bitcoin network and miners is not whether their power bills will rise, but whether Bitcoin’s price will fall.According to research from bitcoin mining software and services company Luxor’s Hashrate Index, the direct effect of oil price shocks on mining costs is likely to be limited, but the broader macroeconomic consequences could weigh more heavily on the industry.However, the impact of oil prices surging isn’t zero on the Bitcoin network.Luxor estimates that about 8 to 10 percent of global bitcoin hashrate operates in electricity markets where power…
US lawmakers are moving to prohibit prediction markets from offering contracts tied to war, assassination, terrorism or someone’s death. Senator Adam Schiff says he is introducing legislation aimed at banning so-called “death bets” on prediction market platforms. “Betting on war and death creates an environment in which insiders can profit off of nonpublic information, our national security is jeopardized, and violence is encouraged. Congress must act.” The proposal, known as the DEATH BETS Act, would prohibit any exchange registered with the Commodity Futures Trading Commission from listing contracts that reference or relate to terrorism, assassination, war, or an individual’s death. Representative…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum’s price continues to face downside pressure, but demand and adoption have not died down in certain areas of the market, especially the ETH treasury. Digital asset treasury has become a key part of the market since it was introduced, and the ETH treasury has grown exponentially, breaking records. Ethereum Treasury Accumulation Reaches Historic Milestone Amid ongoing volatile market conditions, the Ethereum treasury is turning heads, attracting a significant wave of demand and interest from corporate firms. After recent moves by multiple financial behemoths to own an…
BlackRock’s ETHB ETF introduces staking rewards to Ethereum ETFs, giving investors both ETH price exposure and yield from network validation.BlackRock has introduced a new Ethereum exchange-traded fund designed to generate income from staking. The product trades under the ticker ETHB and expands the firm’s digital asset ETF offerings. Unlike traditional spot Ethereum funds, the new ETF distributes staking rewards to investors. As such, the structure offers both price exposure and yield tied to the Ethereum network.BlackRock’s ETHB Offers Monthly Staking Income for ETF InvestorsAccording to ETF analyst James Seyffart, the fund follows a structure similar to BlackRock’s existing Ethereum ETF.…
OP Labs, the main developer firm supporting the Optimism ecosystem, has laid off 20 employees as part of an internal restructuring aimed at sharpening the organization’s strategic focus, according to a message shared by the group’s leadership.In a post on X, CEO of OP Labs Jing Wang said the decision followed internal discussions with affected staff and was communicated to employees before being disclosed publicly. The company said the layoffs were driven by a need to “narrow our focus,” rather than financial constraints.“This is not about finances,” she said in a Slack message she shared alongside her post. “OP Labs…
March 12th, 2026 – Tel Aviv, Israel Playnance, a Web3 infrastructure company focused on blockchain-based digital entertainment platforms is set to launch G Coin on March 18th, the utility token powering activity across its ecosystem of on-chain gaming, prediction markets, and interactive financial platforms. Unlike many token launches that precede product adoption, G Coin enters the market as part of a live ecosystem already processing significant daily activity. According to Playnance’s public tracker, the token currently has more than 200,000 holders, with approximately 13 billion G Coin distributed during the presale phase and an estimated market capitalization of around $38…
For more than a decade, the cryptocurrency industry has promised to reinvent money. Permissionless. Trustless. Borderless. Immune to the recurring failures of traditional finance.Yet, commonly cited estimates of global ownership all languish below 10% — and the proportion actually using crypto for payments and other tangible uses is likely even less. After billions in venture funding, endless meme coins and nonstop media cycles, crypto remains a niche product held by a tiny fraction of the world’s population. The uncomfortable question is whether crypto has delivered anything indispensable to everyday people.It hasn’t.Built for speculators, not usersThe largest smart-contract network in the…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum treasury companies Bitmine and Sharplink continue to advance their ETH strategy amid the current crypto market downtrend. Bitmine, in particular, continues to accumulate ETH at a steady pace, with the company close to its goal of holding 5% of the token’s supply. Ethereum Treasury Company Bitmine Adds More ETH In a press release, Bitmine revealed that they bought 60,976 ETH last week and now holds a total of 4.535 million ETH worth around $8.91 billion. The Ethereum treasury company has also staked just over 3 million…
An initiative to ban the U.S. Federal Reserve from issuing a government-run digital dollar has been approved in an overwhelmingly bipartisan 89-10 vote in the Senate, but it’s tucked inside a housing bill that may run into headwinds in the U.S. House of Representatives.The effort to outlaw a central bank digital currency (CBDC) has long been a favorite of Republican lawmakers, though the U.S. government has never advanced beyond the research stage for establishing a government token that could compete with privately issued stablecoins (and rival other CBDCs pursued by China and other jurisdictions). The 21st Century ROAD to Housing…
Crypto analyst Leshka has explained why it is unlikely that the Bitcoin price has bottomed even as it continues to attempt a recovery above $70,000. His analysis also aligns with predictions from analysts such as Doctor Profit, who predict that BTC could still drop to $40,000. Analyst Explains Why Bitcoin Price Hasn’t Bottomed In an X post, Leshka noted that the Bitcoin price has never bottomed after a drawdown of just 47%. He further remarked that every bear market in history saw at least 78% drawdown from the top. BTC notably saw drawdowns of around 87%; 84%; and 73% in…