Rising Power Fees Begin to Drive Bitcoin Mining Companies From Paraguay to Argentina
The recent increase in power fees enacted by the National Power Administration of Paraguay (ANDE) has bitcoin mining companies seeking...
Bitcoin
Crypto Price Analysis July-05: ETH, XRP, ADA, DOGE, and DOT
This week, we take a closer look at Ethereum, Ripple, Cardano, Dogecoin, and Polkadot. Ethereum (ETH) This week was brutal...
Messari Declares Independence From SEC — Calls Chair Gensler Incompetent and Corrupt
Crypto intelligence platform Messari has declared independence from the U.S. Securities and Exchange Commission (SEC). CEO Ryan Selkis calls SEC...
Grayscale’s Ethereum Trust Returns to Discount as Spot Ether ETF Listings Loom
Based on recent data, Grayscale’s Ethereum Trust (ETHE) has returned to trading at a discount to its net asset value...
Bitcoin (BTC) Price Analysis Offer Optimistic Signs
Over the weekend, Bitcoin (BTC) ‘s price circled between $54,424 and $58,215. However, as the new week begins, the coin...
Shiba Inu (SHIB) Developments, Ripple (XRP) Price Rollercoaster, and More: Bits Recap July 8
TL;DR Bitcoin’s price fell from over $63,000 to around $54,000 in early July, with mixed opinions on its future direction....
Bitcoin Network Sees Second Largest Difficulty Reduction of 2024
On July 4, 2024, the Bitcoin network experienced its second-largest difficulty reduction since the year’s start. The mining difficulty decreased...
Could Poodlana become the next big meme coin?
Cryptocurrency prices have retreated sharply in the past few weeks. Bitcoin has crashed below $60,000 and formed a double-top pattern....
Stablecoin Market Remains Steady in June Amidst Crypto Volatility
While June was a lackluster period for crypto assets as many experienced double-digit losses against the U.S. dollar, the stablecoin...
Canadian Regulator Probe Determines That Liquitrade Operates an Illegal Crypto Exchange
The British Columbia Securities Commission (BCSC) said its investigation into Liquitrade’s crypto asset trading platform found that the company operated...
First Digital Debt Offering Fails to Get Traction in El Salvador
The first digital debt offering registered in El Salvador has reportedly failed to gather the necessary interest to continue. The...
Sleeping BTC Wallets Reactivate, Bitcoin Dips, and More — Week in Review
Several longtime holders of Bitcoin have reactivated dormant wallets, moving substantial amounts of BTC after years of inactivity. Bitcoin’s price...
LAPD Investigates $579,000 Bitcoin ASIC Miner Theft, Suspect Released
According to the Los Angeles Police Department (LAPD), a 26-year-old man was arrested and charged with stealing $579,000 worth of...
We Asked ChatGPT Which Meme Coin Will Perform the Best if Bitcoin (BTC) Hits $100,000
TL;DR ChatGPT highlighted two cryptocurrencies as top meme coins that could perform well if Bitcoin reaches $100K, due to their...
North Carolina Governor Vetoes Bill Banning State Use of Central Bank Digital Currencies
The governor of the U.S. state of North Carolina has vetoed House Bill 690, which seeks to ban state payments...
UBS Executive Highlights AI’s Impact on Banking
UBS is witnessing a transformative shift in client interactions driven by artificial intelligence, according to Sabine Keller-Busse, the head of...
Ethereum is the worst performing crypto in net flows this year
Key Takeaways Ethereum recorded its largest outflows since August 2022, totaling $61 million. Positive shifts in Bitcoin and multi-asset ETPs...
Craig Wright Assets Frozen Over Defamation Suit
The United Kingdom High Court has issued a Worldwide Freezing Order (WFO) against Australian computer scientist and entrepreneur Craig Wright....
Is Bitcoin Undervalued? Core Scientific Founder Shares Optimistic Thoughts
Darin Feinstein, founder of Core Scientific, recently asserted that Bitcoin is still massively undervalued. In a July 4 post on...
Corruption in Paraguay: Senator States Illegal Bitcoin Mining Farms Pay up to $500,000 to Operate Underground
Salyn Buzarquis, a Paraguayan senator, blasted the National Power Administration of Paraguay (ANDE), stating that high-ranking officials charged illegal bitcoin...
Defi Education Fund on Chevron Doctrine Overruled: ‘It Opens a New Chapter in the Battle for Clear Regulations’
The Defi Education Fund, an organization focused on defending and bringing clarity to decentralized finance, pondered on what the recent...
RWA Startup Hamilton Tokenizes US Treasury Bills on Bitcoin L2 Solutions
Hamilton has announced the tokenization of U.S. Treasury bills on Bitcoin’s layer two (L2) platforms, stating that it marks a...
