Russia to Prioritize Supplying Energy for Social Development Over Bitcoin Mining
Russia will prioritize using its energy for social development instead of Bitcoin mining, according to the Ministry of Energy. Energy...
Bitcoin
Largest Japanese Banks to Use SWIFT-Linked Stablecoin System for Cross-Border Payments
The largest Japanese banks—MUFG, SMBC, and Mizuho—plan to use a stablecoin-based system to facilitate cross-border payments in the future. The...
VanEck to close its Ethereum futures ETF in September, a year after launch
VanEck is closing its Ethereum Futures ETF (EFUT) by September 16, 2024. The EFUT saw low asset accumulation as compared...
India’s FIU Considers Approving More Offshore Crypto Exchanges
India’s Financial Intelligence Unit is reportedly reviewing four offshore cryptocurrency exchanges for potential approval to resume operations following the lifting...
Bitcoin ETFs Lose $211 Million as Ethereum Funds See Modest Outflows
Thursday’s trading session saw spot bitcoin exchange-traded funds (ETFs) experienced outflows totaling $211.15 million, while ethereum ETFs faced a much...
US Bitcoin ETFs shed $277 million over past week amid market downturn
Key Takeaways US Bitcoin ETFs saw a total of $277 million in outflows last week. BlackRock's iShares Bitcoin Trust reported...
Bitfarms Hits Back at Riot Platforms’ Alleged Misleading Claims
Bitcoin mining firm Bitfarms has responded to Riot Platforms’ allegedly misleading statements about a special meeting and potential acquisition. Bitfarms...
Jupiter Price Prediction 2024-2030: Will JUP Hit $2?
Story HighlightsThe live price of the JUP token is $ 0.00053918Jupiter (JUP) price could hit a high of $2.21 by the...
Robinhood Fined $3.9 Million Over Crypto Withdrawal Restrictions in California
California Attorney General Rob Bonta has announced a $3.9 million settlement with Robinhood Crypto for restricting cryptocurrency withdrawals and not...
Sberbank to Join Russia’s Crypto Settlement Pilot This Fall, Executive Reveals
Sberbank, Russia’s largest financial institution, plans to join a cryptocurrency settlement pilot program this fall. The bank also aims to...
Bitcoin funds see $319 million in outflows as US economic data strengthens
Key Takeaways Digital asset investment products saw $305 million in outflows last week. Short Bitcoin investment products recorded $4.4 million...
Bitcoin and Ethereum ETFs Record $74 Million in Outflows, Grayscale Funds Lead Losses
On Sept. 4, 2024, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) saw $37.29 million in outflows, while their ethereum...
Switzerland’s 4th largest bank ZKB launches Bitcoin and Ethereum trading
Zürcher Kantonalbank (ZKB) now offers Bitcoin and Ethereum trading via ZKB eBanking and Mobile Banking. The bank has partnered with...
Bitcoin’s Hashrate Nears All-Time Peak Despite Difficulty Bump and Revenue Loss
Despite a bump in mining difficulty and a drop in hashprice, Bitcoin’s total hashrate is still on the rise. In...
Report: L1 Blockchains Experience Slowdown in 2024 Amid Declining Activity
Layer one (L1) blockchain networks, including Ethereum, Solana, and Bitcoin, have experienced a significant reduction in onchain and market activity...
XRP Price Growth Hindered by Bitcoin Correlation
XRP’s strong correlation with Bitcoin (BTC) might be limiting its performance, as the token has remained relatively muted over the...
AAVE Trading Volume Shows 131% Growth, Bullish Sign or What?
Despite the massive downturn in the cryptocurrency market, Aave’s (AAVE) trading volume has skyrocketed by 131% in the last 24...
Coinbase Legal Chief Criticizes SEC’s Vague Position on FTX Plan — Says Investors Deserve ‘Way Better’
Coinbase’s chief legal officer has criticized the U.S. Securities and Exchange Commission (SEC) for its ambiguous position regarding FTX’s proposal...
Hypernative Secures $16 Million in Series A Funding to Enhance Web3 Security
Hypernative has successfully secured $16 million in a Series A funding round spearheaded by Quantstamp, with other notable investors joining...
Why Experts Say September Is Prime Time to Buy Bitcoin
Bitcoin (BTC) is currently trading below $60,000, starting the month on a downward trend. Despite this, experts suggest September could...
Threshold community proposes merger to safeguard WBTC amid growing concerns
Threshold community proposes merging tBTC with WBTC. The proposal is driven by concerns over WBTC’s stability due to Justin Sun’s...
Cardano Founder Charles Hoskinson on Chang Hard Fork Achievements: ‘This Dwarfs Bitcoin’
Charles Hoskinson, founder of the Cardano cryptocurrency and CEO of IOHK, has shared his perspective on on the state of...
