PayPal proposes enhancing the profitability of eco-friendly Bitcoin mining by offering extra incentives directly on the Bitcoin network for miners. PayPal’s Blockchain Research Team, in partnership with Energy Web and DMG Blockchain Solutions, suggested a method called “cryptoeconomic incentives” to motivate Bitcoin miners towards using eco-friendly energy resources in their operations, as mentioned in a … Read more
Fidelity Digital Assets changed its view on Bitcoin (BTC) for the next phase from optimistic to neutral after the initial quarter. They based this decision on various indicators suggesting that Bitcoin is no longer seen as underpriced, potentially leading to increased selling pressure. Fidelity Digital Assets recently published their Signals report on April 22nd, introducing … Read more
Industry insiders predict that gaming companies will probably persist in employing airdrops and similar incentives to draw in players, despite some gamers’ ongoing objections to the economic systems behind these rewards (tokenomics). Kieran Warwick, the founder of gaming studio Illuvium, shared his thoughts during an interview with CryptoMoon: “This approach offers a great simplicity in … Read more
Hut 8, a Bitcoin miner based in the United States, aims to broaden both its self-mining activities and various income sources, as per Benchmark’s assessment. This strategy is expected to enhance Hut 8’s competitiveness in the Bitcoin mining industry following the halving event. In a research note dated April 22, which was reviewed by CryptoMoon, … Read more
On Monday, crypto-stocks linked to the US market experienced growth together with the general market rise, following closely on the heels of Bitcoin’s (BTC) halving event – some even achieving double-digit percentage increases. Five of the largest publicly-traded Bitcoin mining companies in the country, including Marathon Digital (MARA), CleanSpark (CLSK), Riot Platforms (RIOT), Cipher Mining … Read more
According to reports, the New York Stock Exchange (NYSE) is considering introducing 24-hour trading for stocks, modeled after the continuous operation of cryptocurrency markets. The Financial Times reported on April 22 that NYSE’s data analysis team sought input from market participants through a survey. They wanted to gauge the market’s opinion on the possibility of … Read more