Coinmetrics Report: Bitcoin Mining Faces Turbulence in Q2 2024
Bitcoin miners experienced a challenging second quarter in 2024, marked by a 7% decline in hashrate following the halving event....
Bitcoin
Bitcoin Slides to $55,000 as Liquidations Top $600 Million
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Bitcoin dips below $57k as Poodlana presale commences in two weeks
Key takeaways Bitcoin dropped below the $57k level for the first time since May 2024. The Poodlana presale is fast...
Shiba Inu (SHIB) Nosedives Amid an Overall Meme Coin Bloodbath: Details
TL;DR The cryptocurrency sector saw a significant correction, with meme coin market capitalization dropping 10% to $46.4 billion; Shiba Inu...
Russia in the Process of Regulating the Use of Stablecoins for Cross-Border Settlements
Russia is considering adding the subject of stablecoins to an upcoming bill, allowing them to be used officially for completing...
German Government Still Holds Over 40K Bitcoins After Recent Sale, Onchain Data Shows
The German government has been selling seized bitcoin but still holds more than 40K BTC, worth over $2.3 billion, according...
Robinhood eyes crypto futures in US and Europe
Key Takeaways Robinhood considers offering crypto futures in US and Europe after Bitstamp acquisition. Global crypto derivatives market volume reached...
aUSDT: Tether’s Gold-Backed Synthetic Dollar Explained
TLDR Tether launched a new token minting platform called Alloy on the Ethereum network, which allows users to create tokens...
Marathon Digital Reports Increase in Hashrate, Holds 18,536 BTC
Marathon Digital Holdings, Inc. released its unaudited bitcoin production and miner installation updates for June 2024. The company’s operational hashrate...
UN Development Programme Partners With Dfinity Foundation to Boost MSME Inclusion
The United Nations Development Programme (UNDP) has announced a partnership with the Dfinity Foundation to enhance its Universal Trusted Credentials...
Circle’s Stablecoins Now MiCA Compliant
Circle has announced that its stablecoins, USDC and EURC, are now compliant with the EU’s Markets in Crypto Assets (MiCA)...
Mexican Startup Kavak Issues Tokenized Debt to Invest in Brazil’s Used Car Business
Kavak, one of the largest Latam-based startups in the used car business, has issued tokenized debt to invest in the...
Bybit Web3 Adds 3 New Chains to Its Ecosystem
Bybit, the world’s second-largest web3 platform by trading volume, has announced the integration of three additional blockchains into its web3...
‘Asia’s MicroStrategy’ Metaplanet buys another ¥200 million worth of Bitcoin
Key Takeaways Metaplanet's recent Bitcoin purchase increases its total holdings to 161.27 BTC. The company adopts Bitcoin as a reserve...
Crypto takes flight – Growing number of travelers favoring crypto cards over travel money cards
Crypto cards offer lower fees, stability, and exclusive discounts for travelers. Many crypto cards also provide rewards, cashback, and enhanced...
Bahamas to Mandate Banks to Distribute Central Bank Digital Currency
The Bahamas, the first country to issue a central bank digital currency (CBDC) called the Sand Dollar, is preparing regulations...
Paraguay Raises Bitcoin Mining Power Fees by 14%, Companies Mull Stopping Operations
The National Power Administration of Paraguay (ANDE) has surprised cryptocurrency mining operators by raising power fees by 14%, affecting the...
Aave DAO Launches GHO Stablecoin on Arbitrum Network
Aave DAO has introduced its multi-collateralized stablecoin, GHO, on the Arbitrum network. This move marks the first step in the...
SEC, Fed Charge Silvergate for Misleading Investors, Failing to Monitor $1 Trillion in Transactions
The U.S. Securities and Exchange Commission (SEC), the Federal Reserve Board (FRB), and the California Department of Financial Protection and...
JPMorgan: Ant International Processes Billions of Dollars Using JPM Coin
A JPMorgan report reveals that JPM Coin has processed billions of dollars seamlessly with Ant International, the global arm of...
Ethereum is the worst performing crypto in net flows this year
Key Takeaways Ethereum recorded its largest outflows since August 2022, totaling $61 million. Positive shifts in Bitcoin and multi-asset ETPs...
Why Bitcoin (BTC) Price May Be Set to Breakout in July
Bitcoin (BTC) has made a strong start to the new month after the price fell short of expectations for a...
