Tether Q1 2024 Attestation Reveals Record $4.52 Billion Profits
Tether, one of the largest cryptocurrency companies, has recently released an attestation of its financial activity corresponding to Q1 2024....
Bitcoin
Ethereum drops below $3k as liquidations hit $320 million
Ethereum price has dropped below $3,000, hitting lows of $2,942 on Coinbase. The decline in the price of Ethereum comes...
Bitcoin Miners Log Second Highest Monthly Revenue in April, Despite Falling Hash Value
In April, bitcoin miners amassed the second-highest monthly revenue of the past year, following the unprecedented earnings in March. In...
Russia to Enact a Ban on Domestic Operations Of Cryptocurrency Exchanges
Russia is preparing to enact a ban on the organization of cryptocurrency exchanges in the country via the approval of...
Record Withdrawal From US Bitcoin ETFs Marks Largest Single-Day Outflow
On May 1, 2024, U.S. spot bitcoin ETFs experienced their most significant single-day outflows since their inception on Jan. 11,...
Animoca Brands Enters Bitcoin Ecosystem With New Partnerships
In a strategic move to advance the Web3 sector, Animoca Brands, a game software and venture capital company based in...
Crypto fear and greed index slips as the BitBot raises $3M
A sense of fear is creeping up in the cryptocurrency market as investors focused on the upcoming Federal Reserve decision....
Why Bitcoin Miners Brace for Capitulation After Halving
As Bitcoin prices continue to face intense volatility after the halving, the stability of the entire crypto-mining industry could hinge...
US Coal Miner Uses Excess Power to Mine BTC; Earns 61 Coins in Q1 2024
Alliance Resource Partners (ARLP), a coal mining company in the U.S., recently disclosed its use of underutilized electricity loads for...
Will Altcoin Season Kick Off in May 2024? 3 Cryptos to Track
Bitcoin price was expected to increase following the halving that took place towards the end of April. However, when that did not...
Coin Center Warns of DOJ Overreach in Tornado Cash, Samourai Wallet Cases
The recent actions by the Department of Justice (DOJ) against non-custodial crypto wallet developers have sparked controversy and concern within...
US Spot Bitcoin ETFs Report 5 Straight Days of Outflows, Totaling $635 Million
On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) registered their fifth consecutive day of net withdrawals, documenting a substantial $161.6...
Ripple Expands to Japan, Partners with HashKey DX for XRPL Use
Ripple, the entity behind crypto asset XRP, announced a partnership with Tokyo-based HashKey DX. The collaboration aims to roll out...
Griefing Attack on Bitcoin Testnet Generates Three Years’ Worth of Blocks in a Week
A griefing attack on the Bitcoin testnet recently caused a surge in network activity, resulting in the generation of over...
Iris Energy Boosts Hashrate to 9 EH/s Amid Declining Bitcoin Miner Earnings
This week, the Nasdaq-listed bitcoin miner Iris Energy Limited announced it has boosted its hashrate to 9 exahash per second...
Bitget Wallet COO Alvin Kan Is Confident Bitcoin Runes Are Here to Stay
In the wake of the Bitcoin halving on April 19, the price of BTC has failed to maintain its upward...
Solana Advances Congestion-Alleviating Central Scheduler Feature to Testnet
Anza, a dev collective behind Solana, recommended the adoption of Agave v1.18.12 into the blockchain’s devnet and testnet. This new...
US Lawmaker Slams SEC’s Investigation of Ethereum — Says Chair Gensler Intentionally Misled Congress
U.S. House Financial Services Committee Chairman Patrick McHenry has slammed both the U.S. Securities and Exchange Commission (SEC) and Chair...
HK vs. US: China AMC Leads but Can’t Lift Hong Kong Spot Bitcoin ETFs to US Levels
Hong Kong’s debut of six spot bitcoin and ethereum exchange-traded funds (ETFs) garnered HK$87.5 million ($11 million) on their first...
In a Sea of Mining Giants, One Solo Miner Strikes Digital Gold by Finding Bitcoin Block 841,286
While bitcoin mining has become increasingly difficult and block rewards have dropped from 6.25 bitcoins to 3.125 bitcoins, a solo...
3 Bullish Altcoins Predicted to Outshine Bitcoin (BTC) in May
Bitcoin (BTC) is the biggest cryptocurrency in the world, but at times, even altcoins can surpass the performance of the...
SEC Launched Formal Investigation Into Ethereum’s Security Status Over a Year Ago, New Court Filing Shows
A new court filing claims that the U.S. Securities and Exchange Commission (SEC), led by Chair Gary Gensler, initiated a...
