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Cleanspark Sets Ambitious New Hashrate Target After Reaching 30 EH/s
11.10.2024
Cleanspark, a publicly traded bitcoin mining company, announced this week that it has reached an operational hashrate of 30 exahash per second (EH/s). The company expects to surpass 37 EH/s by the end of 2024 and aims for further growth to 50 EH/s in 2025. Cleanspark Now Operates 30 EH/s...
Trump and Politifi Tokens Surge — Which Coins Are Soaring the Most?
11.10.2024
With former President Donald Trump topping the charts on Polymarket, a popular predictions platform, the political finance (politifi) tokens have enjoyed a strong 16.7% boost in the past 24 hours. All ten of the leading politifi tokens are in the green, with many showing double-digit gains....
Mt. Gox Postpones Repayment Deadline to 2025, Allaying Concerns of Bitcoin Sell Pressure
11.10.2024
Mt. Gox-linked crypto wallets still hold $2.7 billion of bitcoin after having distributed nearly $6 billion worth of assets to creditors earlier this year, Arkham data shows
EigenLayer Price Prediction: Whale Activity Hints at Gains, Crypto All-Stars Also Sees Growth
11.10.2024
EigenLayer and its native EIGEN token have been catching some attention lately – especially given the recent whale activity. With big investors moving in, there’s growing buzz about whether EIGEN could be preparing for another rally. In this article, we’ll look at what’s driving the hype...
Trump’s World Liberty Financial Announces Bold Plan — But Will It Work?
11.10.2024
The Trump family-backed World Liberty Financial, a financial technology firm, has announced plans to launch a decentralized finance (defi) protocol designed for widespread adoption. The company aims to integrate blockchain technology and a community-driven governance system to offer an accessible...
Bitcoin ETF Issuer BlackRock’s AUM Hits $11.5 Trillion
11.10.2024
BlackRock, the world’s largest asset manager, reported a record-breaking $11.48 trillion in assets under management (AUM) for the…
Bitcoin surfs US PPI overshoot as BTC price recovers from sub-$59K dip
11.10.2024
Bitcoin appears to take a hot PPI print in its stride after a 4% BTC price recovery.
Ether ETFs Buck the Trend: How Much Did They Pull in While Bitcoin ETFs Struggled?
11.10.2024
U.S. spot bitcoin exchange-traded funds (ETFs) faced another tough day, with all 12 funds experiencing outflows totaling $120.76 million. Meanwhile, the nine spot ethereum ETFs saw a different story, pulling in $3.06 million during the trading session. Bitcoin ETFs Tumble, Ether Funds Walk Away...
Bitcoin to have ‘crazy decade’ as global wealth managers dive in
11.10.2024
Cointelegraph spoke with Riot Platforms’ Pierre Rochard and Metaplanet’s Dylan LeClaire at the Bitcoin Amsterdam 2024 conference.
KIVA AI Secures $7M to Transform AI Development With Enhanced Human Feedback Operations
11.10.2024
PRESS RELEASE. KIVA AI, a promising new platform dedicated to advancing AI technology through improved data curation and human feedback, has successfully raised $7 million in a funding round led by Brooklyn-based Web3 investor CoinFund. The round attracted participation from a lengthy and diverse...
First Mover Americas: Bitcoin Trims Thursday's Inflation-Led Losses
11.10.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 11, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
High-Return Crypto Scheme Hit With Cease-and-Desist in Texas
11.10.2024
Texas regulators have issued an emergency cease-and-desist order against two individuals accused of promoting a fraudulent cryptocurrency investment scheme. The alleged scheme, tied to Trage Technologies, promised high returns on digital asset arbitrage trading but is accused of misleading...
Bitcoin on Track for Record Sideways Action, With Eyes on November Elections as Bullish Catalyst
11.10.2024
Bitcoin's boring price action, characterized by continued accumulation by small investors, is being attributed to several reasons. including the U.S. election uncertainty and renewed uptick in the U.S. Treasury yields
Valuewalk.com: Fractional vs. Whole Crypto Purchases – Pros and Cons
11.10.2024
Cryptocurrency is considered an accessible investment vehicle because of the low entry barrier. In many cases, there are no regulatory requirements for the average user to meet other than registering an account at a crypto exchange or other trading platform. In addition, crypto investments allow...
Uniswap Labs Introduces Scalability-Focused Ethereum L2
11.10.2024
Uniswap Labs has announced Unichain, its Ethereum Layer-2 solution aimed at streamlining the user experience for those leveraging its services. The organization specified that Unichain would be built as part of Optimism’s Superchain, designed specifically with decentralized finance in mind....
Bitcoin Amsterdam: Flawed research drives harmful Bitcoin policies
11.10.2024
Speakers at the Bitcoin Amsterdam 2024 conference exposed how flawed academic studies on Bitcoin fuel misinformation, affect media coverage and lead to misguided policies
Nigerian Fintech Okra Launches Cloud Unit to Boost Revenue
11.10.2024
Nigerian fintech startup Okra has entered the cloud infrastructure market in West Africa with its new subsidiary, Nebula. The move aims to diversify revenue and mitigate economic risks. Nebula offers a more affordable alternative to global cloud providers and aligns with the government’s push...
BTC price gains 'on horizon' as Bitcoin whales buy 1.5M BTC — Analysis
11.10.2024
Bitcoin’s largest whales are in clear accumulation mode while speculators stage knee-jerk sell-offs at a loss
Washington Investors Set to Reclaim Digital Currency in GS Partners Settlement
11.10.2024
After over a year of negotiations, the Washington State Department of Financial Institutions (DFI) has joined a multi-state settlement agreement with GS Partners. Accused of violations under Washington’s Securities Act, the case centers on GS Partners’ Metacertificates and a multi-level...
Ethiopia Boosts Bitcoin Mining Power Allocation to 600 MW
11.10.2024
Ethiopia has rapidly expanded its electricity allocation to Bitcoin mining, making it one of the world’s fastest-growing markets for this activity. The country plans to further increase its capacity this year. Many of the miners are using mid-generation machines due to their low power...