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Riot Platform buys Kentucky-based Block Mining for $93M
25.7.2024
Riot says the deal will immediately add one exahashes per second to its self-mining hashrate and expands its footprint in the United States
Stonex Bullion’s Analyst Predicts Gold Increase Due to Heightened Political Confusion
23.7.2024
Gold prices are poised to rise due to the current political uncertainty in the United States, according to Rhona O’Connell, head of market analysis at Stonex Bullion. This comes as economic indicators suggest potential changes in monetary policy. Stonex Analyst Rhona O’Connell: Gold...
Hive Digital to expand operations to Paraguay for the first time
23.7.2024
Bitcoin miner Hive Digital has plans to build a 100-megawatt mining facility in Paraguay powered by the nation’s Itaipu hydroelectric dam
Germany already lost out on $124M profit selling its Bitcoin
21.7.2024
The State of Saxony, gripped by fears of a sudden Bitcoin price crash, hastily ordered the sale of its 50,000 BTC stash
Germany already lost out on $124M profit selling its Bitcoin
21.7.2024
The State of Saxony, gripped by fears of a sudden Bitcoin price crash, hastily ordered the sale of its 50,000 BTC stash
Nigeria Acts to Defend Naira After Currency Hits New Record Low
21.7.2024
The Central Bank of Nigeria recently sold U.S. dollars to Bureaux de Change (BDC) at a flat rate of NGN1,450 per greenback. The central bank stated that eligible BDCs can sell the dollars to end-users at a margin of no more than 1.5% above the purchase exchange rate. The Nigerian apex bank...
Why is Dogecoin price up today?
20.7.2024
Dogecoin is surging on the prospects of interest rate cuts in September and the excitement of a potential pro-crypto stance from Donald Trump
Why is Dogecoin price up today?
20.7.2024
Dogecoin is surging on the prospects of interest rate cuts in September and the excitement of a potential pro-crypto stance from Donald Trump
ECB Maintains Interest Rates Amid Persistent Inflation Concerns
18.7.2024
The European Central Bank (ECB) maintained its interest rates on Thursday, indicating that domestic price pressures and elevated inflation levels will persist into next year. After a recent rate cut, the ECB adopted a cautious stance, suggesting more evidence is needed before making another move....
Bitcoin Summer 2024: What to Expect
17.7.2024
BTC is currently flat, caught in a plateau between narratives. What factors could wake the bull again? Alexander Blume, CEO of Two Prime, looks ahead
Tanzania Seeks to Shore up Local Currency With Directive Mandating Tourists to Use Shillings
17.7.2024
Tanzania’s Ministry of Tourism and Natural Resources has mandated that all fees in the tourism sector must be paid in local currency, aligning with a government directive for local transactions to use the country’s shillings. This requirement applies to Tourism Business Licence fees, filming...
Bitcoin weekly funding rate reflects investor caution, yet BTC price pushes higher
15.7.2024
Bitcoin trades above $63,000 but the futures weekly funding rate shows pro traders are cautious
Fed Might Focus on Weakening Labor Market Rather Than Inflation as It Mulls Rate Cuts: Economists
12.7.2024
A weakening labor market could persuade the Fed to cut rates even as inflation is not yet back to the Fed's 2% goal
Bitcoin price struggles as investors expect Fed interest rate cuts — Why?
11.7.2024
Bitcoin price is stuck in a downtrend even though investors are betting on Fed interest rate cuts. What gives?
Bitcoin price struggles as investors expect Fed interest rate cuts — Why?
11.7.2024
Bitcoin price is stuck in a downtrend even though investors are betting on Fed interest rate cuts. What gives?
How Staking Rate Benchmarks Can Build Digital Assets Markets
10.7.2024
By comparing their returns to a trusted industry benchmark, Ethereum operators can identify areas for improvement and optimize their operations, as well as to differentiate their staking products in a competitive market, says Tom Whitton, CFO, Pier Two
Citi Analysts Predict 8 Weeks of Fed Rate Cuts Starting in September, Powell Seeks Evidence
9.7.2024
Analysts from Citi, the American multinational investment bank and financial services corporation, predict the U.S. Federal Reserve will begin reducing rates by September, totaling a 200 basis points (bps) cut over the next eight Federal Open Market Committee (FOMC) meetings. Nevertheless, Federal...
5 bullish arguments that Bitcoin price just bottomed at $53K
7.7.2024
Bullish divergence on the price chart, September rate cut prospects, and increasing M2 supply are some catalysts that could resume the Bitcoin bull market cycle
5 bullish arguments that Bitcoin price just bottomed at $53K
7.7.2024
Bullish divergence on the price chart, September rate cut prospects and increasing M2 supply are some catalysts that could resume the Bitcoin bull market cycle
Bitcoin mining difficulty hits lowest level since March as price tops $57K
6.7.2024
The drop in mining difficulty should spell relief for the largest mining firms