Amber (Qianqian) Peng is a crypto content writer, occasionally a crypto trader. She holds a B.A. degree in Economics from Miami University. She is a big fan of Bitcoin and has interests in macroeconomics.
Layer-1 blockchain Avalanche (AVAX), developed by Ava Labs, has announced that it has partnered with Amazon Web Services. This partnership aims to bring scalable blockchain solutions to governments and enterprises.
American business intelligence company MicroStrategy had its first Bitcoin sale, revealed on December 22. You might think they are scared of the current bear market. Quite the opposite, MicroStrategy sticks with their commitment to Bitcoin and is still bullish on it.
NFT projects DeGods and Y00ts are moving away from Solana network, both announced on Twitter on December 25, Sunday. These two top NFT projects on Solana, DeGods will move to the Ethereum blockchain, and Y00ts will move to Polygon blockchain in Q1 2023.
Bitcoin miners moved to northern Norway and Sweden to cut down the energy costs. However, as the electricity price went up there as well during this winter, Bitcoin mining might no longer be viable anymore.
In response to the growing cryptocurrency industry, the number of Bitcoin ATMs has increased over years. Currently, there are about 40,000 Bitcoin ATMs across the world, over 86% are located in the United States.