Bitcoin metrics line up bull signals with $60.6K BTC price level to beat
18.8.2024
Bitcoin is giving hints that an upward BTC price phase is about to begin, as measured by two popular trading tools
Hashrate Climbs 25 EH/s in 8 Days as Bitcoin Miners Adjust to Network Difficulty Reduction
18.8.2024
While Bitcoin’s hashprice has been languishing below $44 per petahash per second (PH/s) each day, the network’s hashrate is beginning to climb once more. Between Aug. 9 and Aug. 17, the hashrate increased from 612 exahash per second (EH/s) to 637 EH/s, adding 25 EH/s over eight days....
Stablecoin Market Expands: $2.21B Uptick in 8 Days Fueled by Tether’s Growth Spurt
18.8.2024
The stablecoin market has been picking up speed lately, and between Aug. 9 and Aug. 18, 2024, it expanded by $2.21 billion. During this period, Tether’s supply ballooned by an additional 1.26 billion USDT. Stablecoin Boom: $2.21B Growth Driven by Tether and PYUSD Between Aug. 9 and Aug....
Goldman Sachs’ Bitcoin ETF Holdings, Hamster Kombat Rejected VCs, and More — Week in Review
18.8.2024
Goldman Sachs disclosed substantial holdings of $418 million in bitcoin ETFs in Q2. Hamster Kombat rejected multiple venture capital investments to protect players from becoming exit liquidity. A Nigerian bitcoin proponent filed a lawsuit to overturn the government’s crypto ban....
Nigeria’s tax watchdog proposes comprehensive crypto
18.8.2024
The FIRS’s initiative to regulate cryptocurrency and update tax laws reflects a broader trend in Nigeria toward embracing and managing digital asset
LBank Celebrates 9th Anniversary With Over $1,000,000 in Prizes
18.8.2024
PRESS RELEASE. Singapore, August 18th, 2024 – In the rapidly evolving cryptocurrency industry, LBank has established itself as a key player. Over the past nine years, LBank has achieved numerous milestones and has grown into a comprehensive crypto trading platform and a leading exchange...
Innovation in Crypto Moves Faster Than Governments, Needs Self-Regulation, Says Serial Innovator
18.8.2024
Although the blockchain industry owes much of its success to so-called bridges, these are far from perfect solutions, argues Justin Wang, the founder and CEO of Zeus Network. While they help address the problem of liquidity segmentation that afflicts the Web3 industry, Wang insists that they pose...
X Ceases Operations in Brazil After Refusing to Comply With Censorship Orders
18.8.2024
X’s Global Government Affairs Team reported on August 17 that the social network would be forced to shut down its local operations in Brazil due to judicial orders issued against its legal representative. The order, issued by Alexandre de Moraes, a member of the Supreme Federal Tribunal...
Coinbase, KuCoin, others join in Turkey crypto license application
18.8.2024
As the CMB continues to update the list and companies work to meet regulatory requirements, the Turkish crypto market is poised for significant changes
Google Faces Lawsuit After $5M in Crypto Stolen via Play Store App
18.8.2024
A Florida woman, Maria Vaca, has sued Google in a California state court, alleging that a cryptocurrency wallet app she downloaded from the Google Play Store was malicious and resulted in the theft of $5 million in cryptocurrency. Vaca claims the app, Yobit Pro, exploited Google’s marketing...
Crypto analyst doubts Bitcoin dominance is 'going back up' to 70% again
18.8.2024
Crypto analyst Benjamin Cowen expects Bitcoin dominance to make its "final move" to 60% either in September or, at the latest, by December 2024
NFTs Enrich Gaming Communities, Drive Stronger Engagement, Says Gaming Veteran
18.8.2024
According to Luke Paglia, the COO at AGMI Studios, while traditional non-fungible token (NFT) art has lacked real utility, which explains its declining popularity, NFTs still have an important role to play in the gaming industry. To back this assertion, Paglia cites game developers’ use of NFTs...