Bitcoin Miners Face Tough Times: Signs of Capitulation Amid Falling Revenues and BTC Sell-Off

by Iulia Vasile | July 7, 2024 | Bitcoin, News | 0 Comments

Bitcoin miners are nearing capitulation due to shrinking profit margins and increased BTC sell-offs. Since the halving, miners have seen a 63% drop in daily revenues. As a result, miners are forced to sell their reserves. According to CryptoQuant, a market...

Bitcoin Market Faces Turbulence Amid Investor Uncertainty and ETF Movements

by Iulia Vasile | June 28, 2024 | Bitcoin, News | 0 Comments

Bitcoin has recently experienced significant sell-side pressure, leading to a substantial price drop and declining investor confidence. Bitcoin's price has faced increasing sell-side pressure, causing it to drop by over 5.5% in the past week, reaching a six-week low...

Mt. Gox to Begin Bitcoin and Bitcoin Cash Repayments in July 2024 After Decade-Long Wait

by Iulia Vasile | June 25, 2024 | News | 0 Comments

The rehabilitation trustee of Mt. Gox has announced that repayments in Bitcoin and Bitcoin Cash will commence in July 2024. Creditors have been waiting for over a decade to recover their funds. The long-awaited repayment process will start in July 2024 for the...

Tesla Shareholders Sue Elon Musk Over xAI Startup

by Iulia Vasile | June 16, 2024 | News | 0 Comments

Shareholders allege that Musk's new venture, xAI, diverted crucial AI talent and resources from Tesla, accusing him of disloyalty and creating significant AI value outside the company. On June 13, Tesla shareholders filed a lawsuit against CEO Elon Musk and the...

Trump Aspires To Serve As The Crypto President Of The United States

by Iulia Vasile | June 7, 2024 | News | 0 Comments

Republican presidential candidate Donald Trump positioned himself as a strong supporter of cryptocurrency and criticized Democrats' efforts to regulate the sector during a fundraising event in San Francisco. Former U.S. President Donald Trump is ramping up his support...

SEC, Coinbase, and Ripple: Navigating Legal Turbulence in the Crypto Industry

by Iulia Vasile | June 2, 2024 | News | 0 Comments

The ongoing legal struggles between the SEC, Coinbase, and Ripple, have exposed the complexities of regulatory challenges in the cryptocurrency industry. On one side we see SEC's enforcement actions, but one the other we have the financial platforms such as Coinbase...

Mastercard and Visa’s Strategic Foray into Crypto

by Iulia Vasile | May 9, 2024 | News | 0 Comments

Mastercard is integrating advanced technologies with major banking institutions to enhance cryptocurrency transactions and settlement systems. They are set to become a pivotal players in the evolving digital currency landscape. Mastercard has teamed up with leading...

The Potential Benefits And Risks Of Children Engaging With The Metaverse

by Iulia Vasile | April 28, 2024 | News | 0 Comments

The European Union's research body delves into the possibilities of using the metaverse to enhance children's health and education while also addressing the accompanying risks and challenges. The European Parliamentary Research Service (EPRS), which is like a big...

Bitcoin Price Increase After Halving: Navigating Through Halving And Market Maturation

by Iulia Vasile | April 20, 2024 | Bitcoin, News | 0 Comments

As Bitcoin goes through its 4th pivotal halving event, the landscape of cryptocurrency has transformed significantly. This new financial territory brings key changes and developments surrounding Bitcoin's halving, from the unprecedented pre-halving price surges to the...

Bitcoin’s April 2024 Price Dynamics Amid Economic Shifts and Market Sentiment

by Iulia Vasile | April 13, 2024 | Bitcoin, News | 0 Comments

Explore the intricate interplay between Bitcoin's price movements, economic indicators, and trader behaviors in this detailed analysis. As the cryptocurrency market approaches a pivotal moment with the upcoming Bitcoin halving, understand the factors influencing...

BlackRock, Bitcoin ETFs and the Future: Balancing Growth with Core Values

Jul 3, 2023 | News

BlackRock Bitcoin ETF seeks SEC approval. Are Bitcoin ETFs the way to mass adoption? Or is traditional finance trying to profit from this new asset? Bitcoin fans got excited when the news that BlackRock is applying for a Bitcoin-based fund got out. They think it could...

SEC Takes Legal Action Against Coinbase, Binance, and its Founder

Jun 9, 2023 | News

After recently suing Binance, the SEC now targets Coinbase for allegedly operating as an unregistered securities exchange, adding to regulatory scrutiny in the crypto industry. The U.S. government's finance watchdog, the Securities and Exchange Commission (SEC), is...

Beware Where You Store Your Money: Payment Apps May Lack Protection

Jun 2, 2023 | News

Payment apps may lack protection: A recent warning from the US Consumer Financial Protection Bureau emphasizes that the FDIC might not protect money stored in mobile payment apps. Customers could be concerned about whether their funds are insured, highlighting the...

Reddit’s NFT Drive Nears Monumental 10 Million User Milestone

May 28, 2023 | News, NFTs

Revolutionizing the crypto and NFT landscape, Reddit's unique collectible avatars are on the brink of reaching a staggering 10 million users. Reddit, a social media site, is nearly hitting 10 million users who have its special profile pictures, called "Reddit NFTs."...

Hacker Seizes Control of Tornado Cash Governance

May 21, 2023 | News

A malicious actor recently exploited Tornado Cash's governance, enabling them to seize total control. This could potentially allow them to retrieve all the secured votes, empty the tokens held in the governance contract, and disable the router. Tornado Cash, a...

Zimbabwe Launches Gold-Backed Digital Currency Amid Economic Struggles

May 6, 2023 | News

Zimbabwe's central bank is launching a digital currency backed by gold. They plan to start selling these digital coins to investors on May 8th, 2023. Individual buyers can get them for at least $10, while companies and other groups need to spend a minimum of $5,000....

Crypto Innovations by Visa and Mastercard: Next-Gen Stablecoin Payments and Cutting-Edge User Verification Solutions

Apr 30, 2023 | News

Both Mastercard and Visa continue to expand their presence in the crypto sector with new initiatives and collaborations.Visa's crypto division is building the "next generation of products" for digital commerce and is seeking to hire software engineers with Web3 and...

European Parliament Approves MiCA (Crypto Legislation)

Apr 22, 2023 | News

The 2020-created regulatory package now awaits the European Council's approval before being enforced. Following two previous postponements, the European Parliament has held the final vote on the Markets in Crypto-Assets Act (MiCA). The legislation, initially proposed...

Ethereum’s Shapella Hard Fork Successfully Implemented

Apr 15, 2023 | Ethereum, News

Following numerous postponements, Ethereum validators are now able to retrieve their staked Ether and associated rewards from the Ethereum mainnet. The Shapella hard fork has been successfully implemented on the Ethereum mainnet, enabling validators to withdraw their...

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