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Iris Energy Boosts Hashrate to 9 EH/s Amid Declining Bitcoin Miner Earnings
30.4.2024
This week, the Nasdaq-listed bitcoin miner Iris Energy Limited announced it has boosted its hashrate to 9 exahash per second (EH/s) and aims to reach 10 EH/s in the coming month. This development follows the network’s fourth halving and occurs amid a period when Bitcoin’s hashprice...
SOLWealth to introduce Solana Spot ETF in response to surging demand
30.4.2024
A fresh wave of excitement could be hitting the world of cryptocurrencies with what may be the first-ever Solana spot exchange-traded fund (ETF) in North America. SOLWealth, a Canadian federal corporation that wants to take advantage of investor confidence in digital assets since Bitcoin ETFs were...
HK vs. US: China AMC Leads but Can’t Lift Hong Kong Spot Bitcoin ETFs to US Levels
30.4.2024
Hong Kong’s debut of six spot bitcoin and ethereum exchange-traded funds (ETFs) garnered HK$87.5 million ($11 million) on their first day, April 30. However, these ETFs underperformed compared to their U.S. counterparts, which had attracted a much larger sum of $4.6 billion on their initial...
How Is Financial Stability and Gaming Affected by Crypto Progress?
30.4.2024
Recent developments in crypto have had a revolutionary effect, changing the financial landscape and traditional ideas about money and value exchange. The emergence of Decentralized finance (De-Fi) protocols, which provide a broad range of financial services without the need for middlemen like...
Near Protocol Price Prediction as NEAR Retraces With Market Drop — Is It Time to Load Up?
30.4.2024
The Near Protocol price has dived by 5% in the past 24 hours, sinking to $6.45 as the cryptocurrency market as a whole faces a 2% drop today.
The post Near Protocol Price Prediction as NEAR Retraces With Market Drop — Is It Time to Load Up? appeared first on Cryptonews
2024 crypto trends: PEPE vs MAGA VP (MVP), who will win this bull run
30.4.2024
MAGA VP is a PolitiFi meme token built on the Ethereum blockchain. The token utilizes transaction taxes to offer rewards to holders of MVP tokens, in TRUMP tokens, with the goal of expanding the MAGA TRUMP community. With a market cap of $2.9B, PEPE has been one of the trending meme coins on most...
Ripple and Hashkey DX Partner to Boost Blockchain Supply Chain Solutions in Japan
30.4.2024
Ripple has teamed up with Tokyo-based consulting firm Hashkey DX to bring XRP Ledger (XRPL) blockchain solutions to the Japanese market, aiming to revolutionize enterprise blockchain use cases in Japan, primarily through supply chain solutions. This strategic partnership will leverage Hashkey...
Market overview: Solana ($SOL) and SHIB price with MAGA VP’s ($MVP) outstanding 1100x ROI forecast
30.4.2024
Bitcoin Halving has brought a lot of interest to the crypto sphere, with everyone majorly expecting a bull run soon. Solana and MAGA VP are among the top candidates purely because they have demonstrated the potential to fetch high yields. For instance, Solana is backed by robust technology and...
Eigen Foundation launches EIGEN Token and unveils Stakedrop
30.4.2024
The Eigen Foundation, an organization that is self-sufficient and dedicated to promoting the development of EigenLayer, has released a token called EIGEN. This upgrade aims to enable Ethereum to protect its protocols using the so-called “restaking” method as well as a range of protocols...
Bitcoin.org Owner Cobra Warns About Illegalization of Bitcoin Self-Custody in the US
30.4.2024
Cobra, the pseudonymous owner of the Bitcoin.org domain, has voiced concerns about future actions from the U.S. government regarding bitcoin ownership. He anticipates a possible ban on the self-custody of bitcoin even when its application and enforcement might be impractical. Bitcoin.org Owner...
Samourai Wallet Co-Founder Pleads Not Guilty to Money Laundering Charges, Released on Bail
30.4.2024
Keonne Rodriguez, one of the individuals associated with the popular cryptocurrency mixer Samourai Wallet, has entered a plea of not guilty to charges of money laundering.
The post Samourai Wallet Co-Founder Pleads Not Guilty to Money Laundering Charges, Released on Bail appeared first...
Citi: Brazil Is at the Top of Digital Money Initiatives in Latam
30.4.2024
A recent report by Citi, a global financial institution, has put Brazil at the top of the nations leading the digital money initiatives in Latin America. The report states that Brazil features a combination of factors that ease the adoption of digital money such as government support and digital...
Bank of Russia Dismisses US Asset Confiscation Effects on Russia’s Economic Stability
30.4.2024
The Bank of Russia has dismissed the effect that a future confiscation of Russian assets in the U.S. might have on the nation’s economic stability. Elvira Nabiullina, governor of the bank, stated that Russia has been diversifying its asset portfolio for many years and that the assets to...
China Asset Management Exec Anticipates Hong Kong Spot Bitcoin ETFs to ‘Exceed’ US Debut
30.4.2024
With the debut of spot bitcoin and ethereum exchange-traded funds (ETFs) in Hong Kong trading on Tuesday, market observers are speculating about the potential demand for these ETFs in the region, reminiscent of the enthusiasm seen in the U.S. following the approval of 11 spot bitcoin ETFs on Jan....
In a Sea of Mining Giants, One Solo Miner Strikes Digital Gold by Finding Bitcoin Block 841,286
30.4.2024
While bitcoin mining has become increasingly difficult and block rewards have dropped from 6.25 bitcoins to 3.125 bitcoins, a solo miner discovered block 841,286. Bitcoin’s Harsh Mining Climate Yields Treasure for One Solo Entity Mining bitcoin (BTC) has become significantly challenging...
Microstrategy Boosts Bitcoin Holdings to 214,400 BTC With Latest Purchase
30.4.2024
Microstrategy, the Nasdaq-listed software intelligence firm and “the world’s first bitcoin development company,” has disclosed that it now holds 214,400 bitcoins after the latest purchase. “We acquired 25,250 additional bitcoins since the end of the fourth quarter,...
SEC Launched Formal Investigation Into Ethereum’s Security Status Over a Year Ago, New Court Filing Shows
29.4.2024
A new court filing claims that the U.S. Securities and Exchange Commission (SEC), led by Chair Gary Gensler, initiated a formal investigation into ethereum’s potential classification as a security more than a year ago. SEC Enforcement Division Director Gurbir Grewal approved a formal...
South Korean ministries look to upgrade status of crypto crime unit
29.4.2024
The temporary unit is reportedly being transformed into a permanent department as enforcement actions rise dramatically in South Korea
XRP and Monero holders eye Fezoo exchange as next crypto giant amid Ethereum’s $316K performance
29.4.2024
Early reports suggest that the U.S. SEC could strike a blow to Ethereum (ETH) investors by denying the digital asset’s spot ETF in May. Meanwhile, investors are quietly buying a new cryptocurrency regarded as the best altcoin to watch in Q2 2024. Fezoo, a new decentralized exchange tipped...
Kelexo (KLXO) lending attracts Bitcoin (BTC) & Litecoin (LTC) enthusiasts at $0.055 in stage 2 presale as market experts say 20x very possible post-presale
29.4.2024
Exciting developments are happening in the cryptocurrency market as the effects of the Bitcoin halving events start to show. We explore the news and updates in the Bitcoin (BTC) and Litecoin (LTC) communities in this article. But what interests us more is Kelexo (KLXO) and why analysts believe...