Kenyan President Requests Bitcoin Miner Marathon Digital to Review Nation’s Cryptocurrency Regime
6.5.2024
The Kenyan President William Ruto recently revealed that his government has appointed Bitcoin mining company Marathon Digital as its consultant to review its cryptocurrency regime. The U.S.-based Bitcoin miner is reportedly set to discuss electricity usage in cryptocurrency mining with the Kenyan...
Dogecoin Price Prediction as Tesla Now Accepts DOGE Payments
6.5.2024
The Dogecoin price has bounced back faster than any other top ten crypto coin in the last seven days. The world's favorite meme coin added 18.8% over the last week and currently trades at $0.1676.
The post Dogecoin Price Prediction as Tesla Now Accepts DOGE Payments appeared first on Cryptonews
LayerZero Labs Vows to Exclude Sybil Farmers From Upcoming Airdrop
6.5.2024
LayerZero Labs, a renowned cross-chain interoperability protocol, has vowed to tackle the issue of sybil farmers ahead of its highly anticipated airdrop.
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FTX addresses transferred $8.3M one day before amended proposal deadline
6.5.2024
The transfer occurred a day before FTX debtors are set to release a new restructuring plan for the exchange
Australian Court Hands Win to Market Regulator in Case Against Qoin Blockchain, But There is a Catch
6.5.2024
An Australian Federal Court mostly ruled in favor of Australia's markets regulator in its case against BPS Financial Pty Ltd (BPS) over its Qoin scheme, on Friday
Bitcoin Runes reclaims dominance over BTC transactions
6.5.2024
Runes made a recovery to account for the lion’s share of transactions over the Bitcoin network
Vodafone launches blockchain-powered SIM Cards
6.5.2024
Vodafone, an established telecommunications company in the United Kingdom, has recently revealed a first-of-its-kind initiative to integrate cryptocurrency wallets into SIM cards. This initiative could lead to advancements in smartphone capabilities, enabling integration with cryptocurrency...
Over 90% of Stablecoin Transaction Volumes Are Not From Genuine Users: Visa Study
6.5.2024
A recent study conducted by Visa and Allium Labs has found that more than 90% of stablecoin volumes do not originate from genuine users.
The post Over 90% of Stablecoin Transaction Volumes Are Not From Genuine Users: Visa Study appeared first on Cryptonews
Bitcoin’s latest dip: Crypto dreams clash with Reality
6.5.2024
Following a remarkable seven-month price increase, Bitcoin experienced its worst month since November 2022 in April, with a loss of over 16% of its value. Unexpectedly, this decline occurred immediately following the highly anticipated Bitcoin halving event that took place on April 18. However,...
Is China warming up to Bitcoin ETFs? BTC investor’s reply sparks curiosity
6.5.2024
The trade agreements between China and Hong Kong could allow mainland investors to access BTC ETF in Hong Kong
Crypto CEO’s final verdict: From 25 Years to 4 Months
6.5.2024
The conflict between two leading cryptocurrency figures, Changpeng Zhao, the CEO of Binance, and Sam Bankman-Fried, the CEO of FTX, is finally over, as shown by two significant court rulings in the USA. Zhao’s four-month imprisonment in Seattle brought an anticlimactic conclusion to their...
Analysts: Gold Rush In China Is Propping Prices Up
6.5.2024
The interest and high demand for gold products in China is one of the factors that is propping the price of the precious metal up in international markets. Several analysts believe that the loss of confidence in traditional investment options in China, and the geopolitical factors and U.S....