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Excessive Greed: More Bitcoin Mining Companies Are Abandoning Paraguay for Brazil
22.7.2024
The recent power hikes that ANDE has enacted for Bitcoin mining companies are already impacting their operations in Paraguay. According to recent reports, the Penguin Group, a cryptocurrency mining operator, has already signed a contract to secure 400MW of energy in Brazil. This could be...
Slot.org Launches With Bold Plans for Blockchain Integration and Crypto-Themed Games
22.7.2024
Slot.org has officially launched, unveiling an ambitious vision to integrate blockchain technology and offer a suite of cryptocurrency-themed slot games. This move aims to redefine the online slot experience by merging cutting-edge technology with engaging gameplay, making it a significant...
Any Near-Term Rebound in Crypto Market Likely to be Temporary: JPMorgan
22.7.2024
The bitcoin price is currently too high versus its production cost and relative to its volatility-adjusted comparison to gold, the report said
India Unlikely to See Crypto Tax Reduction in Tuesday's Budget
22.7.2024
India is unlikely to introduce any changes to its controversial tax-deducted-at-source (TDS) policy on Tuesday when Finance Minister Nirmala Sitharaman reveals her budget for 2024-2025, experts predicted
Daily Crypto Update: Memecoins rule while altcoins stay stagnant
22.7.2024
The crypto market is undergoing a restructural phase with most cryptocurrencies struggling to find a footing. With the exception of Bitcoin and Ethereum, most coins are undergoing unplanned fluctuations. Pixelverse experienced 99.21% growth, while RealGOAT demonstrated a 174.38% growth spurt....
Hong Kong’s Boyaa Interactive Announces Strategic Bitcoin Ecosystem Cooperation, Plans to Purchase $100 Million in BTC
22.7.2024
Boyaa Interactive, a public gaming company based in Hong Kong, has announced a strategic investment in the UTXO Bitcoin Ecosystem Fund. The company plans to allocate $1,000,000 to this initiative, aimed at promoting the Group’s business development and expansion in the Web3 industry. Boyaa aims...
Hong Kong to launch Asia’s first inverse Bitcoin ETF
22.7.2024
CSOP’s new inverse Bitcoin ETF aims to profit from BTC price declines following their successful 2022 launch of the firm’s Bitcoin Futures ETF
Hong Kong to launch Asia’s first inverse Bitcoin ETF
22.7.2024
CSOP’s new inverse Bitcoin ETF aims to profit from BTC price declines following their successful 2022 launch of the firm’s Bitcoin Futures ETF
Metaplanet completes Bitcoin buying goal with another $1.2M purchase
22.7.2024
Since its first Bitcoin purchase, the company's stock price surged 810% from about $0.12 to $1.10
Elon Musk Laser Eyes Profile Picture Sparks Speculation
22.7.2024
The recent addition of laser eyes, a feature popular among bitcoin enthusiasts, to Elon Musk’s profile picture has spurred speculation around his potential involvement in the upcoming Bitcoin 2024 Conference to be held in Nashville, Tennessee. According to Eleanor Terrett, a Fox Business...
Latam Insights Encore: Bukele Pushes Controversial Substitution of National Products Policy To Fight Inflation, Offers Free Coffee on Top
22.7.2024
Welcome To Latam Insights Encore, a deep view of Latin America’s most relevant economic and cryptocurrency-based news last week. In this edition, we discuss the import duties exemption measure President Nayib Bukele pushed for and passed in Congress and its possible effects on El Salvador....
Bitcoin Briefly Tops $68K as Biden Dropout Riles Up Crypto Bulls
22.7.2024
The general possibility of a crypto-friendly government coming into power is bumping sentiment among professional traders, one firm said
HKX joins list of crypto exchanges to quit Hong Kong market
22.7.2024
HKX management advises users to withdraw assets following its decision to halt operations in Hong Kong due to regulatory compliance issues
Crypto Exchange Woo X Allows Daily Interest Withdrawals from T-Bill-Backed Earn Vaults
22.7.2024
Woo X and partners OpenTrade claimed bragging rights for being the first exchange to offer T-Bill interest bearing products to retail customers
Delhi Police Arrest 7 in Crypto Fraud
22.7.2024
Delhi police have arrested seven individuals, including a contractual bank employee, for allegedly defrauding a man of ₹91 lakh ($111,000) by promising high returns in stock and cryptocurrency trading. The suspects, identified as Ajay, Mohit, Shankar, Partyaksh Koshar, Manish Jawla, Shrayance...
Biden out, bull run in? Here’s what analysts think
22.7.2024
Biden’s sudden move to abandon the 2024 presidential race could be a “huge boost” for crypto assets, but it may be too soon to get excited about a massive crypto rally
Biden out, bull run in? Here’s what analysts think
22.7.2024
Biden’s sudden move to abandon the 2024 presidential race could be a “huge boost” for crypto assets, but it may be too soon to get excited about a massive crypto rally
Joe Biden’s withdrawal wiped $67M in long positions in 30 minutes
22.7.2024
US President Joe Biden’s withdrawal from the 2024 presidential race led to a sharp crypto dip followed by a near-immediate correction, leading to huge liquidations
Joe Biden’s withdrawal wiped $67M of crypto long positions in 30 minutes
22.7.2024
US President Joe Biden’s withdrawal from the 2024 presidential race led to a sharp crypto dip followed by a near-immediate correction, leading to huge liquidations
Democrats have ‘huge opportunity’ to win back the crypto vote
22.7.2024
The new Democratic party presidential candidate should consider crypto a top priority, according to crypto lawyer Jake Chervinsky in a post on X