UAE Share In Global Mining Activity Grows, Accounts For 3.7% Of Mined Bitcoin
According to the latest report by Hashrate Index, a website for Bitcoin mining data and metrics, the UAE is now becoming a growing destination for Bitcoin miners, especially in the Middle East. Bitcoin Miners Look For Greener Pastures Bitcoin…
Binance refers users to Coinmerce as exchange exits the Netherlands
A reported hundreds of thousands of users based in the Netherlands will have the opportunity to move their assets to Coinmerce for free as Binance winds down operations.
BAYC-Centric Apecoin Hits All-Time Low, Suffers 92% Decline From Last Year’s Peak
In the midst of a considerable drop in the base price of non-fungible tokens (NFTs) from the Bored Ape Yacht Club, the related cryptocurrency, apecoin (APE), has likewise suffered due to the bearish trends in that specific market. While many crypto…
Ethereum Whale Transfers Over 25,000 ETH To Exchange: Massive Dip On The Horizon?
Ethereum’s price seems to have been following Bitcoin’s, but recent large transactions suggest it may soon move independently. Whale Alert reported a sum of 25,264 ETH, roughly valued at around $48 million, was moved from an…
Buckle up, Reddit: Closed APIs cost more than you’d expect
Open APIs are vital for healthy communities on social platforms. With Web2 companies beginning to reject that principle, Web3 could be poised to supplant them.
Bitcoin forks BCH, BSC and XEC soared last month, but are the gains organic and sustainable?
Bitcoin forks, BCH, BSC, XEC rallied over the last 30 days while KAS and FLEX led among altcoin gainers in June, but data questions the sustainability of their rallies.
Bitcoin Startup Lab's Summer 2023 Cohort Gears Up To Propel Growth In The Bitcoin Ecosystem
Bitcoin Startup Lab is gearing up for its Summer 2023 cohort, bringing together industry titans, investors and innovators to fuel growth in the Bitcoin ecosystem. With a focus on collaboration and mentorship, the pre-accelerator program aims to…
Glassnode Co-Founder Predicts Bull Run For Bitcoin Amidst Sideways Trading
Bitcoin (BTC) has been trading within a narrow range for the past 12 days. Nonetheless, the fact that bulls have held the crucial $30,000 support level is seen as a short-term win for them. Even though BTC has been experiencing sideways trading…
Sam Bankman-Fried backed out of FTX sponsorship deal with Taylor Swift: Report
The report contradicts the narrative from many media outlets that Taylor Swift’s team had done its due diligence in considering the FTX deal before pulling out.
Mawson Infrastructure Group Deploys 2,600 Bitcoin Miners at Newly Secured Pennsylvania Site
Mawson Infrastructure Group, a publicly-listed bitcoin mining operation, announced on Thursday that it has acquired a new mining site in Bellefonte, Pennsylvania. The company detailed that it has swiftly deployed 2,600 bitcoin miners at the…
Dormant Bitcoin Supply Peaks As Institutional Investors Show Increased Involvement
According to recent hedge fund Ark Invest data, a historical amount of the Bitcoin supply has remained dormant for at least a year, with roughly 70% of the circulating supply unmoved in June 2023. Despite looming economic uncertainty, this dynamic…
The Arrival Of BlackRock: Bitcoin’s First Spot ETF
The article below is an excerpt from a recent edition of Bitcoin Magazine PRO, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox…
CFTC Investigators Conclude Celsius And Former CEO Violated Rules, Potential Case Looms
The Commodity Futures Trading Commission (CFTC) has concluded its investigation into bankrupt crypto lender Celsius and its former CEO, Alex Mashinsky, and found that they violated United States rules, according to sources familiar with the…
Big Banks, NY Fed’s Innovation Group See Merit in Digital Ledgers for Global Payments
Citigroup Inc., HSBC, BNY Mellon and other global financial giants have been experimenting with what they call a “regulated liability network” for conducting round-the-clock, wholesale payments using shared ledgers, and a paper released Thursday…
You Can Now Buy NFTs on Twitter Through Inspect's Browser Extension
NFT Inspect, which recently released a Chrome browser extension that analyzes NFTs used as Twitter profile pictures, is integrating MoonPay's payment solutions.
Bittrex may still face enforcement action in Florida amid bankruptcy
A filing in bankruptcy court from Florida's Office of Financial Regulation suggested the regulator still had the “administrative discretion” to charge Bittrex.
Biggest Movers: BCH Back Above $300.00, as SOL Hits 1-Month High
After falling by as much as 10% on Wednesday, bitcoin cash rebounded in today’s session, climbing back above $300.00 in the process. The move came during a volatile market session, which saw crypto’s global market cap remain largely…
Marathon Digital Reports 21% Decline In Bitcoin Production In June
Prominent Bitcoin mining company Marathon Digital Holdings has published its Bitcoin production and mining operation update for June 2023. In the report released yesterday, Marathon revealed that its Bitcoin production decreased by 21% from May due…
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