Derivatives
Research
Research: Miners sent 57K Bitcoin to exchanges in 2022; selling pressure decreasing
On-chain data shows miners have been capitulating en masse throughout the year. However, this doesn't mean that they have been selling all of their BTC.
Mining
Unpredictable electricity cost could have caused Argo’s troubles
Crypto mining company Argo Blockchain failed to secure a fixed-price PPA earlier this year and has seen its cash flow devastated by rising electricity costs.
CBDCs
UK exploring a digital pound
The U.K. is set to consult on launching a central bank digital currency (CBDC) in the coming weeks as part of its effort to regulate the crypto industry.
Rumors
CZ accused SBF of trying to depeg USDT through Alameda
In text messages obtained by the NYT, CZ said that SBF was using Alameda to place trades designed to destabilize Tethter (USDT).
Derivatives
Research: Bitcoin, Ethereum derivatives are unwinding
Data analyzed by CryptoSlate showed that roughly $3 billion worth of Bitcoin derivatives positions have been closed out in two months.
Adoption
El Salvador buys back sovereign bonds to reduce debt
El Salvador has repurchased $74 million worth of its sovereign bonds maturing in 2023 and 2025.
Stablecoins
A huge stablecoin supply is waiting on the sidelines to trigger a bull run
There has never been a bigger supply of stablecoins sitting on the sidelines of the market, showing untapped liquidity that's waiting to be deployed into large-cap coins like BTC and ETH.
Research
Miners finally see some relief as difficulty decreases 7.32%, making it the largest difficulty reduction in 2022
Bracing themselves for one of the harshest winters yet, miners are about to get at least some relief as they see the largest mining difficulty adjustment since July 2021.
Research
Energy is the master resource but it could be Bitcoin that reigns supreme
The fight for energy has brought the E.U. to its knees as it struggles to satisfy demand with a weakened currency and rising prices. However, the aftermath of Europe's energy struggle could be beneficial to Bitcoin.
Mining
Core Scientific might not make it past November 2023 after revealing $1.7B in losses
Core Scientific said in its quarterly report that "substantial doubt" exists about its ability to continue going if it fails to raise liquidity.
Analysis
Bitcoin on-chain data shows a ray of light in a dark market
Conviction in Bitcoin remains high despite the FTX fallout, with on-chain data showing a promising increase in activity and new users.
Trading
Realized Bitcoin loss from the FTX fallout surpasses LUNA collapse
Investors suffered more realized losses from the FTX fallout than they did from the collapse of Luna, showing that the worst is not over yet.
