Monday, May 13, 2024
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First Mover Asia: Bitcoin Stabilizes Near $43K as Layer 1 Tokens Attract Attention

Good morning. Here’s what’s happening:Market moves: Bitcoin stabilized near $43,000 after Wednesday’s sell-off, while traders’ attention turned to layer 1 tokens.Technician’s take: Oversold signals remain intact for bitcoin, although upside is limited.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis.PricesBitcoin (BTC): $43,073 -1.09%Ether

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Immersion Cooling Gets Attention From Miners Wanting to Squeeze More Power Out of Equipment – Mining Bitcoin News

Bitcoin mining companies are now increasingly experimenting with immersion cooling, a form of cooling that allows them to get more hashpower out of existing miners. According to industry insiders, this cooling alternative will become mainstream in the future, as leading companies are already taking advantage and retrofitting these cooling devices

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BAT price hits new high after 30% daily rally as Basic Attention Token bucks crypto downtrend

Basic Attention Token (BAT) rallied to a new record high on Nov. 26 even as global markets plunged in tandem on fears about a highly mutated variant of Covid19 detected in South Africa.BAT's price surged over 30% on Friday to reach $1.88 for the first time in history, with its market

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Basic Attention Token

Basic Attention Token (BAT) is an Ethereum-based token integrated into the privacy-focused web browser, Brave. The company, founded in 2015 by Brian Bondy and Mozilla co-founder and JavaScript creator, Brendan Eich, launched Basic Attention Token in 2017 to remedy several problems it saw with digital advertising: the privacy violations of

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Chinese Bank Disables Digital Yuan After Quiet Open-Up Drew Attention CoinDesk –

A major bank quietly opened up a wallet service for China’s central bank digital currency to public users – but quickly disabled it after the feature gained widespread attention. Around noon on Saturday local time, users of China Construction Bank (CCB), one of the big-four state-owned commercial banks, started to notice that

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