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Hive Blockchain (HIVE) revealed a plan to roughly double its computing power, or hashrate, to 6 exahash/second (EH/s), according to a press release from the miner. Separately, according to The Information, Binance.US and chairman Changpeng Zhao are looking to decrease Zhao's ownership in the crypto exchange.

12. Mai 2023

Bitcoin (BTC) is trading near the $26,300 level after slipping roughly 10% in the past week. Maple Head of Growth and Capital Markets Quinn Thompson shares his outlook on the largest cryptocurrency by market capitalization amid looming macroeconomic concerns.

12. Mai 2023

Bitcoin's 30-day options skew, showing differences between what traders pay for bullish call options and bearish put options, declined to -2.37 earlier this morning, the lowest in two months, indicating a bias for put options. CoinDesk Senior Research Analyst George Kaloudis presents "The Chart of The Day."

12. Mai 2023

Electronics firm LG is seeking patent protection for a television that enables users to trade non-fungible tokens (NFTs). LG began its work bringing NFTs to its TVs last September with the release of its Art Lab marketplace which was plugged into Hedera Network, on which LG has been a node operator since 2020. "The Hash" panel discusses LG's latest NFT push in a move that could potentially drive mainstream demand for digital collectibles.

12. Mai 2023

The staggering amount of BRC-20 tokens minted via the Ordinals protocol, which clogged the Bitcoin network and sent transaction fees sky-high, has sparked a debate among developers of the blockchain over how to tame the on-chain frenzy. "The Hash" panel discusses the potential implications for the future of Bitcoin's ecosystem.

12. Mai 2023

The European Union plans to force crypto companies to give tax authorities details of their clients' holdings, even if they’re based outside the bloc or offering non-fungible tokens (NFTs), according to a draft bill released to CoinDesk under freedom of information laws. "The Hash" panel discusses the latest developments in global crypto regulation.

12. Mai 2023

Twitter, the cryptocurrency industry's town square, has found a new CEO that will start in about six weeks, Elon Musk tweeted Thursday. "The Hash" panel discusses the news that NBCUniversal's head of ad sales Linda Yaccarino is taking over as the new head of the social media platform.

12. Mai 2023

Blockchain and smart-contract platform Chia Network recently submitted a confidential draft registration to the U.S. Securities and Exchange Commission for a proposed initial public offering (IPO). Chia Network CEO and President Gene Hoffman discusses plans to go public amid the current macroeconomic environment.

12. Mai 2023

The crypto market saw $2.3 billion in meme coin trading volume last week – a six-fold rise from the preceding week's $387 million to the highest since May 2021, according to blockchain observer James Tolan's Dune analytics-based tracker. "Meme coins... they get a lot of mainstream media headlines," Bitwise Crypto Analyst Ryan Rasmussen said, "[but] they aren't really doing a whole lot to move the needle on user adoption to onboard those next 100 million users."

12. Mai 2023

CoinDesk's Bitcoin Trend Indicator (BTI), which measures the directional momentum and strength in bitcoin's price, flipped from bullish to neutral on Thursday. "It's important to look at the Bitcoin Trend Indicator," Bitwise Crypto Analyst Ryan Rasmussen said, "but it's more important to look under the hood at [bitcoin's] fundamentals."

12. Mai 2023