$210 Million Gain in Q1 2024
Core Scientific, a Texas-based Bitcoin mining company, has announced impressive gains in both revenue and profitability for the first quarter...
Bitcoin
Bank of Thailand Tests Potential of a Retail CBDC, the Digital Baht
The Bank of Thailand (BOT) has released a report on its Retail Central Bank Digital Currency (CBDC) pilot project, conducted...
Hut 8’s Bitcoin Mining Output Drops 36% to 148 BTC in April
North American bitcoin miner, Hut 8, said it mined 148 bitcoins, or 36% coins less in April than it did...
Investment Firm Franklin Templeton Believes Solana Will Become the Third Largest Crypto Asset
Franklin Templeton, a leading investment firm with over $1.5 trillion in assets under management (AUM), believes Solana has the potential...
Coinbase Legal Chief Urges SEC Chair to Stop Misleading the Market About Crypto Tokens Being Securities
Coinbase’s chief legal officer has publicly urged U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler to stop misleading the...
Grayscale Withdraws Ethereum ETF Proposal Amid Skepticism Over SEC Approval
Grayscale has retracted its application to list its ethereum trust, known as ETHE, as detailed in a filing with the...
LocalMonero Sudden Shutdown Shakes Crypto Community
LocalMonero, the largest Monero (XMR) peer-to-peer (P2P) trading platform, announced its closure on May 7. This also marked the end...
Hut 8 Bitcoin Mining Output Drops 36% After Halving
In April, Hut 8, a major player in North America’s Bitcoin mining scene, reported a significant 36% reduction in its...
Will BTC Return to $70K Soon?
Bitcoin prices have remained tightly rangebound since their return above the psychological $60,000 level on May 3. However, one prominent...
Grayscale Withdraws Ethereum Futures ETF Application to SEC
Leading crypto asset manager Grayscale has abandoned its plan to offer an exchange-traded fund (ETF) for Ethereum futures, withdrawing its...
India Working on Offline Transferability of Digital Rupee, Says Central Bank Governor
India’s central bank, the Reserve Bank of India (RBI), is in the process of making its central bank digital currency...
Positive Market Turn: US Bitcoin ETFs See Substantial Inflows After Last Week’s Outflows
According to statistics, U.S. spot bitcoin exchange-traded funds (ETFs) saw their second consecutive day of positive inflows after recording approximately...
Leading Colombian Conglomerate Bancolombia Launches Crypto Exchange, Introduces Peso Stablecoin
Bancolombia Group, one of the leading banks in Latin America and the biggest bank in Colombia, is entering the crypto...
SEC Issues Wells Notice to Robinhood Over Crypto Operations
A report indicates that the U.S. Securities and Exchange Commission (SEC) has issued a Wells Notice to the financial services...
Crypto Market Downturn Hits Coinbase, Microstrategy, and Mining Stocks Hard
During the widespread downturn in the cryptocurrency markets, publicly listed companies within the sector such as Coinbase, Microstrategy, and bitcoin...
Kenya taps US Bitcoin mining giant Marathon Digital for crypto regime and mining consultation
Share this article Kenya’s President William Ruto has appointed Marathon Digital, a prominent US Bitcoin mining firm, to provide consultancy...
China’s Bitcoin ETF Access Sparks $150,000 Price Prediction
The potential opening of Hong Kong’s Bitcoin exchange-traded funds (ETFs) to investors from mainland China has sparked a flurry of...
Dogecoin (DOGE) Bull Run, Bitcoin (BTC) Price Recovery, and More: Bits Recap May 6
TL;DR BTC rebounds from recent lows to over $64,000, signaling resilience and potential bullish momentum. DOGE sees a notable 12%...
The Halving Effect: Bitcoin Hashrate Decreases as Miners Prepare for Probable Difficulty Drop
Just over two weeks have passed since the fourth Bitcoin halving took place. During this period, the network’s hashprice dropped...
Bitcoin Ordinals Size Record Broken Again—How Much Bigger Can They Get?
Bitcoin Ordinals and Runes platform OrdinalsBot has created the largest Ordinals inscription to date, weighing in at a hefty 3.969...
Daniel Yan’s Picks for May Outperformance
Amid the turbulence that rocked cryptocurrency markets in April, Daniel Yan, the Chief Investment Officer of Kryptanium Capital, has a...
India Announces ‘Successful’ Crackdown on E-Nugget Scam — Seizes $10M in Crypto From Exchanges
India’s Enforcement Directorate has declared its multi-year crackdown on the “E-Nugget” scam in Kolkata successful. The operation has resulted in...
