No one can predict the future, but we can all be reasonably sure the laws of physics will still apply. The news of a default by one of the biggest bitcoin miner, Core Scientific, worth $4.4 billion la...
Tag: Trustnodes
Ethereum GPUs Now Selling by the Kilo – Trustnodes
Demand for GPUs has fallen so much that they’re now selling by the kilo in Vietnam where traders report low demand. Le Thanh, a self-proclaimed ‘King of VGA,’ showed a video on Facebook where a bored ...
Wasabi Bitcoin Wallet Claims Solution to Tor Blockade While Iranians Ask For Help – Trustnodes
Wasabi, a privacy focused bitcoin wallet, has announced a new release to address an on-going DDoS attack on the Tor network. “The privacy network Tor has been under Distributed Denial of Service attac...
Bitcoin Drone Show Flies Over Lugano – Trustnodes
A bitcoin drone show lit up the city of Lugano in Switzerland’s border with Italy, commemorating the closing of the bitcoin conference Plan ₿. The show was put on by Cyberdrone, which describes itself...
DoJ Leaves Google Off the Hook For Deleting BTC-e Data – Trustnodes
The Department of Justice has ‘settled’ with Google, without imposing a fine or requiring a proper explanation regarding the deletion of data Google was ordered by the court to perserve. The data in q...
Investors Battle the Central Bank Storm of Boom and Bust – Trustnodes
The worst year for investors keeps getting worse for some, with a Facebook crash of 22% in their stock price bringing it now down 60% compared to one year ago. Silicon Valley may be facing its first r...
Bitcoin Moves on ECB’s Hike of 0.75% – Trustnodes
Volatile bitcoin movements while Christine Lagarde, President of the European Central Bank (ECB), was giving the interest rate decision, seems to have tilted towards bitcoin moving up. Bitcoin quickly...
CME Claims Record Ethereum Volumes – Trustnodes
Wall Street’s futures exchange, CME, has announced that the third quarter broke all records in ethereum futures volumes and crypto volumes overall. “Q3 2022 average daily Open Interest (OI) reached a ...
NFT Project Wants to IPO – Trustnodes
NFTs may get the first stock market debut with a little known company, Ultimax Digital Inc., wanting to raise $11 million by offering 2.5 million shares at a price range of $4 to $5, giving it a marke...
Crypto Fund Raises $20 Million – Trustnodes
The Crypto Asset Fund has raised $18.14 million from 42 accredited investors whom have contributed a minimum of $100,000 each. The fund run by Timothy Enneking aims to invest in a diversified pool of ...
Bitcoin Touches $21,000 on Nasdaq Red – Trustnodes
Bitcoin is up close to another $1,000 today even though stock futures were red, and despite a dip of just $100 on market opening that saw Nasdaq down 2%, bitcoin went on to touch $21,000. Ethereum was...
Nissan to Launch Game NFTs – Trustnodes
Nissan, one of the world’s biggest car producer is to launch some car NFTs for a new game called Torque Drift 2. That’s by Grease Monkey Games, an Australia-based multi-platform video game studio and ...
Lawyers Are Now Dropping NFTs to Serve Court Orders – Trustnodes
The dusty wigs of times gone by that roam the stuffy chancellery halls doth still play with most new things, like Non Fungible Tokens (NFTs) that are suddenly put to a service no one has quite thought...
Google Blames Crypto For Missed Earnings – Trustnodes
The world’s biggest company has blamed little crypto for missing its earnings as YouTube’s ad revenue saw a fall of 2% to $7.07 billion. Analysts expected an increase of 3%. “We did see some advertise...
Progressives Issue Another Letter, This Time on Crypto – Trustnodes
Fresh from a debacle on Ukraine where progressives had to retract a letter ‘urging’ for negotiations, they’re at it again. Rashida Tlaib and Alexandria Ocasio-Cortez, both members of Democratic Social...
Turkish Lira and Inflation Stabilizes Despite Interest Rate Cuts, Why? – Trustnodes
The Turkish Lira crashed from 8 in September 2021 to 18 TRY per dollar. A dive to 10 made it bounce to 14, and since then it has gradually fallen but has recently become somewhat stable at 18.5. Infla...
ETH Spike Has Bulls Ask – Trustnodes
Ethereum has suddenly jumped by 14%, or precisely $200, from $1,325 to a brief $1,525 with its ratio also gaining from about 0.07 BTC, to a brief 0.075. Why? This unexpected move after four months of ...
US Economy Likely Grew by 2.9% in Q3 – Trustnodes
Far from a recession, the United States economy is currently seeing good growth with it estimated to have seen another gain of 2.9% in the third quarter. That would make 2022 so far one of the best ye...
China’s CNY Falls Beyond 7.3 – Trustnodes
China’s yuan has fallen beyond 7.3 to the dollar, its lowest level since 2008, amid a capital flight that contributed to a stock market crash of 6% in Hong Kong’s Hang Seng index to its lowest level i...
Bitcoin and Stocks Rise on Fed Pivot Rumors – Trustnodes
Bitcoin has recovered above $19,000 again after a brief dip to $18,700 while stocks are up about 1.5% after opening somewhat down 0.3%. The chief reason appears to be a new report by Nick Timiraos, wh...
Crypto Enters the Mid-Term Race – Trustnodes
There’s a new kid in the block in politics, and that’s the $1 trillion crypto industry that for the first time is flexing its muscles to enter the fray in the closest mid-term election in living memor...
Russia Burning Through a Trillion Rubles – Trustnodes
The Russian government has began depleting its savings, with it already spending more than half of ruble reserves that the budget had accumulated in bank accounts. They are now opening the piggy bank,...
Bitcoin Steady While US Treasury Bonds Cross Highest Since 2007 – Trustnodes
Debt in the United States has become most expensive, with US bond yields rising above 4.16% for ten year Treasuries. That’s the highest level since 2007, when the American economy was booming, while i...
Russians Are Leaving Kherson Says Former Spokesperson – Trustnodes
Russia is about to face its biggest defeat so far with a former spokesperson to the Ukrainian president Volodymyr Zelensky, Iuliia Mendel, stating: “Russians are leaving Kherson, the local citizens sa...
Ozzy Osbourne to Perform at Decentraland Music Festival with 100 Artists – Trustnodes
Decentraland, the ethereum blockchain based tokenized virtual metaverse, is to hold one of the biggest digital festival so far with Soulja Boy and Ozzy Osbourne to be among 100 performances. “Set in a...
British Prime Minister Liz Truss Resigns, Time For Elections Says Labour – Trustnodes
Liz Truss has become the shortest serving prime minister in all the centuries of British government. In a statement to the British public, she said she has told King Charles she is resigning as leader...
Bitcoin’s $19,000, The New $3,000? – Trustnodes
After falling down and down for months, bitcoin finally stabilized at $6,000 in September 2018 and seemingly stopped moving. But it did not stay there for long, with it capitulating just a few weeks l...
Is Russia Retreating From Kherson? – Trustnodes
“The administration of the Kherson region has been transferred to the left bank of the Dnieper,” Russian collaborator and deputy governor of Kherson Kirill Stremousov said according to Russian state m...
Tokenized Real Estate Registers as a Security – Trustnodes
A real estate project by Nolan Reynolds International (NRI), which has over 130 years of history developing and managing commercial real estate properties, has filed with the Securities and Exchanges ...
Kherson Must Be Liberated Says ISW – Trustnodes
If the conflict in Ukraine is frozen on the current occupied lines, then the war will just restart again in a few years according to the Institute for the Study of War, with Russia at an advantage. “I...
US Banks Make $100 Billion on Interest Rate Rises – Trustnodes
Rising interest rates are fattening banks profits with Bank of America seeing a jump of 24% in its net interest income to $14 billion. That’s the spread or difference between what they charge borrower...
Markets Shocked as China Postpones Release of GDP Data – Trustnodes
Market analysts have been surprised by the decision of China’s National Bureau of Statistics (NBS) to postpone the release of Q3 GDP data which was due on Tuesday. A spokesperson said that the change ...