Washington Regulator Warns of Miami Equity Fund 005 Crypto Fraud
The Washington State Department of Financial Institutions (DFI), Securities Division, has warned about crypto investment fraud following a complaint from a resident regarding their investment in the Miami Foundation Equity Fund 005 (or Miami Equity…
MicroBT Unveils New WhatsMiner M6XS+ Series at Bitcoin 2024 Conference
MicroBT, a leading innovator in the Bitcoin mining industry, unveiled its latest WhatsMiner M6XS+ series during the Bitcoin 2024 conference in Nashville, TN. The new series, featuring air-cooling, hydro-cooling, and immersion-cooling models…
Coinbase adds former Bill Clinton aide, Supreme Court lawyer to board
Two of the new Coinbase directors have previously served under US presidents, while the other has extensive experience in the management consulting industry.
Foreign crypto miners could be spying on US bases: Elizabeth Warren
Senator Warren has lambasted foreign-owned crypto miners in the country, saying they’re loud, hot, and “suck up a ton of electricity, which can crash the power grid.”
Bitcoin Crashes To $64,000: Will This Historical Support Hold?
On-chain data shows Bitcoin is retesting a historically significant support level after the latest plunge in the asset’s price has gone through. Bitcoin Is Currently Retesting The Short-Term Holder Realized Price As explained by CryptoQuant…
Solana Price (SOL) Targets New Monthly High: Bulls in Control
Solana started a fresh increase from the $165 zone. SOL price is showing signs of strength and might climb further above the $182.50 resistance. SOL price started a decent upward move from the $165 support against the US Dollar. The price is now…
In The Works: Jersey City Mayor’s Plan To Introduce Bitcoin ETFs Into Pension Funds
In a significant development showcasing the growing adoption of cryptocurrencies within traditional financial systems, the Jersey City pension fund is in the process of allocating an undisclosed percentage of its assets to invest in Bitcoin ETFs…
Hive Announces Plans to Move Into Paraguay Amidst Bitcoin Mining Power Hike Turmoil
Hive Digital, a public green bitcoin mining company, announced plans to build a 100MW site in Paraguay, having connected with President Santiago Peña and his cabinet. Hive stated that stability in government fiscal policies, such as energy pricing…
XRP Price Positioned for a Surge: Is Another Rally on the Horizon?
XRP price is holding gains above the $0.5920 zone. The price could gain bullish momentum if it clears the $0.6120 resistance level. XRP price is consolidating gains below the $0.6120 resistance zone. The price is now trading near $0.6050 and the…
ETH ETFs launched in ‘weak market’ and could pressure Bitcoin: Analyst
Spot Ether ETFs came during a weak market and could tempt investors to diversify, putting Bitcoin’s price at risk, says Capriole Investments founder Charles Edwards.
Crypto Backs Donald Trump: $4 Million War Chest In Bitcoin, XRP For Re-election
Former President Donald Trump is set to deliver a keynote address at the 2024 Bitcoin Conference in Nashville, Tennessee, this weekend, amid growing speculation that Trump may announce Bitcoin as a strategic reserve asset for the United States…
Russia-Linked Banknotes Blamed for Libyan Dinar Plunge
The Libyan dinar’s recent devaluation has been blamed on a flood of illicit banknotes exchanged for U.S. dollars. A report identified the Russian state money printer as a potential source of the banknotes, which the Central Bank of Libya has…
Ethereum Targets Recovery: Can It Mirror Bitcoin’s Performance?
Ethereum price extended losses and tested the $3,080 support zone. ETH is recovering and might aim for a test of the $3,350 resistance zone. Ethereum tested $3,080 and started a recovery wave. The price is trading below $3,350 and the 100-hourly…
Hollywood video game performers go on strike, citing AI ‘abuse’
The American labor union has been trying for 18 months to get a clause preventing publishers from making AI-generated versions of their actors’ work without their consent.
DeepMind AI hits silver-medal standard in International Mathematical Olympiad
Google’s DeepMind says its AlphaProof and AlphaGeometry 2 AI models are breaking new ground in mathematical reasoning — an Achilles’ heel of AI chatbots.
Bitcoin Price Recovers Lost Ground: Is the Bull Run Back?
Bitcoin price found support near the $63,500 zone. BTC is now rising and showing positive signs above the $65,500 resistance zone. Bitcoin formed a base and started a fresh increase above the $65,000 resistance zone. The price is trading above…
Digital Shekel Challenge: Bank of Israel Engages 14 Teams for Digital Currency Innovation
The Bank of Israel has initiated the “Digital Shekel Challenge” to explore the potential of a central bank digital currency (CBDC) system inspired by the BIS Innovation Hub’s “Project Rosalind.” Fourteen teams from various sectors have
2.91 Million ETH Held by 9 Ethereum ETFs: A Reserve Overview
Although the data for Thursday’s ether exchange-traded fund (ETF) performance, concerning inflows and outflows, remains incomplete, it is evident that trade volume was marginally lower than the first two days. The funds currently hold…
Crypto Analyst Says Bitcoin Is Headed For $260,000 But This Must Happen First
A crypto analyst has predicted that Bitcoin (BTC), the world’s largest cryptocurrency, is on track to reach an unprecedented $263,000. However, he also emphasized that this bullish surge to new all-time highs is contingent on Bitcoin meeting…
SBI and Franklin Templeton Collaborate to Create Digital Asset Management Firm
Japan’s SBI Holdings plans to create a new investment management company in collaboration with major U.S. asset manager Franklin Templeton by the end of the year. This joint venture will focus on managing digital assets. The new entity will…
Bitcoin Mining Giant Marathon Digital Makes Major $100M BTC Acquisition
Marathon Digital (MARA), one of the largest Bitcoin (BTC) mining companies, has recently announced a substantial acquisition of $100 million worth of Bitcoin. This significant purchase, detailed in a recent company statement, has increased…
UK Regulator Fines Coinbase’s CB Payments $4.5 Million for Serving High-Risk Customers
The UK Financial Conduct Authority (FCA) has fined Coinbase’s payments arm, CB Payments Limited, £3,503,546 for breaching compliance rules by serving high-risk customers despite restrictions. The regulator explained that this marks the…
Skybridge Founder: Kamala Harris Open-Minded About Crypto
Anthony Scaramucci, founder of Skybridge Capital, believes that U.S. Vice President Kamala Harris is open-minded about crypto. Criticizing the narrative that her administration is hostile toward cryptocurrency, he predicted that SEC Chair Gary…
Toyota’s love for Ethereum, HK nods inverse Bitcoin ETF, stablecoin: Asia Express
Asia’s top automobile manufacturer’s latest research details how Ethereum can turn vehicles into public infrastructure as Korean police crack $2M drug case, and more!
Cardano Among Alts Likely To See Price Boosts, Santiment Says
On-chain analytics firm Santiment has revealed Cardano (ADA) is one of the altcoins that could likely see price jumps shortly. Cardano Among Altcoins That Are Being Heavily Shorted Right Now In a new post on X, Santiment has talked about the…
Ripple CEO: Kamala Harris Could Reset US Crypto Regulation
Ripple CEO Brad Garlinghouse believes that U.S. Vice President Kamala Harris “has an incredible opportunity to provide a reset on critical issues for U.S. competitiveness (like crypto regulation).” He noted that she is no stranger to…
Cardano In The Spotlight: Why The $0.6 Level Is Important To ADA
Cardano (ADA) is currently in a pronounced seven-day decline, which was exacerbated by a fresh descent below the $0.41 mark. This decline is part of a broader trend observed across many altcoins, which have reacted negatively to Ethereum’s…
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