Cathedra Bitcoin to Deploy Crypto Miners at 360 Mining’s Texas Site
Cathedra will pay $55 per megawatt hour of power used plus 10% of gross bitcoin mined at the site.Source
Bitcoin Miners Are Probably Selling Their Output at the $28K Level: Matrixport
Miners are being forced to liquidate any new bitcoin mined as margins have narrowed in recent weeks, the report said.Source
Binance Australia Stops AUD Bank Transfers as Search for Payment Partner Drags On
Customers can still buy and sell crypto using credit and debit cards after the halt, which was announced last month.Source
Coinbase Derivatives Exchange to Offer Institutional Bitcoin and Ether Futures
These products come on the back of the nano futures that were launched last year.Source
Uniswap Community Votes Down Protocol Fees for Liquidity Providers
The initial snapshot poll was voted against by the community in a surprising move.Source
First Mover Asia: Bitcoin Has Reached ‘a General Accumulation Phase’: Analyst
ALSO: BTC-20 tokens are pushing toward a $500 million market cap, and data from Glassnode shows that they have been a boon for miners.Source
U.S. Commodities Agency May Change Risk Rules to Consider Crypto
The U.S. Commodity Futures Trading Commission (CFTC) has proposed an overhaul of its rules for risk management, and Commission Christy Goldsmith Romero said the changes should insist firms prepare themselves for crypto volatility and the risks from holding customers’ digital assets.Source
Tether Market Cap Climbs to All-Time High of $83.2B, Even as Stablecoin Market Sinks
USDT has reached a $83.2 billion market capitalization, recovering all its losses since the implosion of blockchain project Terra more than a year ago.Source
Bitcoin Lingers Under $27K to Continue Its May Sluggishness Amid Inflation Concerns
BTC and ether both lost ground in May, the first monthly decline of 2023. LTC and RNDR were among the month’s big gainers.Source
Japan’s Largest Airline Group ANA Launches NFT Marketplace
All Nippon Airways (ANA) is also working on a metaverse travel experience that will integrate passengers’ flight histories into their digital avatars.Source