“Our operational expansion continues at pace, with both our Georgia and Pennsylvania facilities ramping up rapidly – this is a tremendous achievement from our team given the current bottle-necks in global supply chains,” said the CEO and founder of Mawson, James Manning. Source link … [Read more...] about Crypto Miner Mawson Sees Hashrate Topping 1 EH/s by Month-End
Sees
Dogecoin Surge Sees Short Traders Lose $8M After Tesla Store Addition
In December, the Dogecoin Foundation, a nonprofit organization that oversees developments on the network, introduced a roadmap for the project’s revival and rebrand from a mere joke cryptocurrency to a more technical project. It was the first roadmap in Dogecoin’s eight-year history and explored eight new projects, including the launch of LibDogecoin and GigaWallet, as … [Read more...] about Dogecoin Surge Sees Short Traders Lose $8M After Tesla Store Addition
House of Lords Committee Sees ‘No Convincing Case’ for UK CBDC
The Bank of England, in common with central banks of almost every other major economy across the world, is exploring a potential CBDC as a means of addressing the decline in the use of cash, expediting the implementation of monetary policy and future-proofing fiat currencies from the rise in use of privately issued digital currencies. It is set to begin a consultation alongside … [Read more...] about House of Lords Committee Sees ‘No Convincing Case’ for UK CBDC
JPMorgan Sees More Crypto Adoption in 2022, Debates Bitcoin’s Status as Store of Value
Regarding bitcoin, JPMorgan says it’s “particularly well-designed as a modern store of value, and the strong design has contributed to the increased confidence in and value of Bitcoin.” However, bitcoin still comes up short against other stores of value, including gold, given its limited history, according to Worthington. Source link … [Read more...] about JPMorgan Sees More Crypto Adoption in 2022, Debates Bitcoin’s Status as Store of Value
Ether Sees Higher Liquidations Than Bitcoin After Falling Under $3.2K
Ether lost the $3,300 support level in early Asian hours on Friday, plunging to as low as $3,113 before briefly gaining over $90 at the time of writing. Friday’s drop was a continuation of a market-wide decline that started on Wednesday. The U.S. Federal Reserve released the minutes of its December meeting that signaled tightening of financial policies and caused a sell-off in … [Read more...] about Ether Sees Higher Liquidations Than Bitcoin After Falling Under $3.2K