The recent surge in Bitcoin’s price, reaching over $62,000, was followed by a quick retracement below that level. This rollercoaster ride in the value of the largest digital asset has left many investors wary of what the future holds. Despite its initial success, Bitcoin struggled to maintain its momentum, particularly as altcoins like DOT, AVAX,
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Recently, Binance made an announcement regarding the implementation of stricter measures to tackle account misuse on their platform. The company highlighted the detection of instances where certain account features were being exploited to gain unfair advantages over other users. This move indicates a proactive approach toward addressing security concerns within their ecosystem. However, the effectiveness
Keisha Lance Bottoms, slated to become Joe Biden’s senior campaign adviser, recently expressed her views on cryptocurrency, emphasizing that it is a nonpartisan issue. In a statement to The Hill, she highlighted how crypto has garnered bipartisan support and has captured the attention of voters nationwide. Bottoms emphasized the transformative potential of crypto and blockchain
With the impending launch of the first spot Ethereum ETFs in the United States, industry experts are speculating about the potential price impact on the second-largest cryptocurrency in the market. The US Securities and Exchange Commission (SEC) is expected to approve Ethereum ETFs by July 4, as discussions between asset managers and regulators reach their
CleanSpark, one of the leading publicly traded Bitcoin mining firms, made headlines with its acquisition of GRIID Infrastructure in an all-stock deal worth $155 million. This strategic move instantly added 20 megawatts of power to CleanSpark’s mining operations, with plans for an additional 400 MW in Tennessee in the next two years. The merger required
Illuvium, a highly anticipated game set to launch its Open Beta on July 25, 2024, exclusively on the Epic Games Store for PC, promises to deliver a revolutionary gameplay experience. Since its inception in 2020, the game has been intricately developed, integrating elements from various gaming genres to provide gamers with a unique and immersive
The US Securities and Exchange Commission (SEC) is on the verge of approving the latest adjustments to the spot Ethereum ETFs by July 4th. Discussions between asset managers and regulators are reaching their final stages, with giants like BlackRock, Franklin Templeton, and Grayscale Investments at the forefront. These firms, after a struggle spanning over a
Paradigm, a prominent firm in the cryptocurrency space, has raised significant concerns regarding the European Securities and Markets Authority’s (ESMA) interpretation of Maximum Extractable Value (MEV) under the Markets in Crypto Assets Regulation (MiCA). ESMA has stated that MEV will be treated as a form of market abuse, which has sparked apprehension within the crypto
Coinbase, the leading cryptocurrency exchange in the United States, has taken a bold step by filing lawsuits against both the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC). These lawsuits were filed due to the failure of the SEC and FDIC to comply with information requests in closed crypto cases. Coinbase
The Bitcoin price has been on a decline once more, following a brief recovery that was seen earlier in the week. One of the major factors driving this decline is the significant sell-offs that have been initiated by various governments. For instance, the German government recently sold approximately 2,786 BTC, valued at around $140 million.
