Bitcoin Miners Log Second Highest Monthly Revenue in April, Despite Falling Hash Value
In April, bitcoin miners amassed the second-highest monthly revenue of the past year, following the unprecedented earnings in March. In...
Bitcoin
Is Celestia (TIA) Vulnerable to a 25% Price Drop?
Celestia (TIA) is prone to further correction after consistently forming red candlesticks over the past few days. The saving grace is that...
Will Altcoin Season Kick Off in May 2024? 3 Cryptos to Track
Bitcoin price was expected to increase following the halving that took place towards the end of April. However, when that did not...
Coin Center Warns of DOJ Overreach in Tornado Cash, Samourai Wallet Cases
The recent actions by the Department of Justice (DOJ) against non-custodial crypto wallet developers have sparked controversy and concern within...
US Spot Bitcoin ETFs Report 5 Straight Days of Outflows, Totaling $635 Million
On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) registered their fifth consecutive day of net withdrawals, documenting a substantial $161.6...
Animoca Brands Enters Bitcoin Ecosystem With New Partnerships
In a strategic move to advance the Web3 sector, Animoca Brands, a game software and venture capital company based in...
Bitget Wallet COO Alvin Kan Is Confident Bitcoin Runes Are Here to Stay
In the wake of the Bitcoin halving on April 19, the price of BTC has failed to maintain its upward...
Blockchair’s Lead Developer Expresses Concerns Over Bitcoin’s Security Budget
Nikita Zhavoronkov, the lead developer of Blockchair, a cryptocurrency block explorer, has expressed his concerns about Bitcoin’s dwindling security budget....
Iris Energy Boosts Hashrate to 9 EH/s Amid Declining Bitcoin Miner Earnings
This week, the Nasdaq-listed bitcoin miner Iris Energy Limited announced it has boosted its hashrate to 9 exahash per second...
Solana Advances Congestion-Alleviating Central Scheduler Feature to Testnet
Anza, a dev collective behind Solana, recommended the adoption of Agave v1.18.12 into the blockchain’s devnet and testnet. This new...
US Lawmaker Slams SEC’s Investigation of Ethereum — Says Chair Gensler Intentionally Misled Congress
U.S. House Financial Services Committee Chairman Patrick McHenry has slammed both the U.S. Securities and Exchange Commission (SEC) and Chair...
HK vs. US: China AMC Leads but Can’t Lift Hong Kong Spot Bitcoin ETFs to US Levels
Hong Kong’s debut of six spot bitcoin and ethereum exchange-traded funds (ETFs) garnered HK$87.5 million ($11 million) on their first...
Ripple Expands to Japan, Partners with HashKey DX for XRPL Use
Ripple, the entity behind crypto asset XRP, announced a partnership with Tokyo-based HashKey DX. The collaboration aims to roll out...
Coinbase Integrates Bitcoin Lightning Network: What It Means
Coinbase has integrated the Bitcoin Lightning Network, marking a pivotal shift towards faster and more economical BTC payments. This integration...
MicroStrategy Acquires More Bitcoin Amid Revenue Decline and Net Loss
Business intelligence company MicroStrategy continues to increase its bitcoin stash, with a recent purchase of 122 BTC for nearly $8...
Consensys Seeks Court Ruling to Protect Ether and MetaMask from SEC Overreach
Consensys, the company behind MetaMask, has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) in a bid...
In a Sea of Mining Giants, One Solo Miner Strikes Digital Gold by Finding Bitcoin Block 841,286
While bitcoin mining has become increasingly difficult and block rewards have dropped from 6.25 bitcoins to 3.125 bitcoins, a solo...
SEC Launched Formal Investigation Into Ethereum’s Security Status Over a Year Ago, New Court Filing Shows
A new court filing claims that the U.S. Securities and Exchange Commission (SEC), led by Chair Gary Gensler, initiated a...
Microstrategy Boosts Bitcoin Holdings to 214,400 BTC With Latest Purchase
Microstrategy, the Nasdaq-listed software intelligence firm and “the world’s first bitcoin development company,” has disclosed that it now holds 214,400...
Yuga Labs Resumes Layoffs; CEO Says Web3 Platform ‘Lost Its Way’
According to Greg Solano, co-founder of Yuga Labs, the Web3 platform has laid off additional workers partly because it had...
Financial Squeeze Tightens for Bitcoin Miners as Earnings Continue to Fall
On Friday, Bitcoin’s hashprice was $56.95 per petahash per second (PH/s), but by Sunday, it had dropped to $51.66 per...
S&P Global Report: New Legislation Could ‘Boost’ US Stablecoin Landscape
According to a report from S&P Global Ratings, the introduction of the Lummis-Gillibrand Payment Stablecoin Act on April 17, 2024,...
