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Dubai International Financial Centre Enacts Digital Assets Law


The Dubai International Financial Centre (DIFC), one of the largest free zones of the Middle East, Africa, and South Asia (MEASA) region, has enacted a new Digital Assets Law, revamping its whole legislative system to include these tools. The law changes previous contracts, insolvency, damages...

9 New Bitcoin ETFs Surpass GBTC by Accumulating 450,000 BTC Worth Over $30B


The latest statistics on bitcoin reserves from the nine new spot bitcoin exchange-traded funds (ETFs) reveal they currently possess 453,503.98 bitcoins, valued at approximately $30.29 billion based on the current exchange rates. The 9 New ETFs Hold Nearly a Half Million Bitcoin Since their...

NFT Market Faces 16.55% Drop in Sales Amidst Cryptocurrency Downturn


In tandem with the broader downturn of the cryptocurrency market this week, the non-fungible token (NFT) sector also experienced a downturn in sales over the preceding seven days. From March 9 to March 16, 2024, the NFT market witnessed sales amounting to $358,080,260, a decline of 16.55% from...

Russia Regulates Use of Digital Assets for International Settlements


Russia has integrated the use of digital assets as payment for international transactions in its legislation. President Vladimir Putin signed into law a document that describes using these assets as payment for international settlements, a use case not contemplated in any law, appointing...

Marathon Digital Expands Bitcoin Mining Presence with Texas Acquisition


On March 15, Applied Digital announced that it had concluded the sale of its 200-megawatt (MW) Bitcoin mining facility to Marathon Digital Holdings for $87.3 million. The second quarter of 2024 is the expected date of completion of the deal. The post Marathon Digital Expands Bitcoin Mining Presence...

Finally, You Can Dunk On Madame Web From The Comfort Of Home


Just a little over one month since we were celebrating the Valentine’s Day of Madame Web, Sony’s latest, occasionally greatest, often just most bizarre Spider-Man spinoff is connecting its web to a digital home release. You know, in case you just couldn’t bring yourself to watch outside of...

Marathon to Acquire Applied Digital’s 200 MW Texas Bitcoin Mining Site


The Nasdaq-listed mining enterprise Applied Digital has concluded a definitive pact for selling its 200-megawatt (MW) mining facility in Garden City, Texas. Applied Digital disclosed that the transaction involves Marathon Digital Holdings acquiring the Garden City mining property for a sum of $87.3...

Over $520M in Longs Liquidated as Bitcoin Price Drops Below $68,000


Bitcoin is trading below $68,000, nearly 7.5% down in the last 24 hours. The price correction triggered massive liquidations as the entire network saw over $657 million positions liquidated in the last 24 hrs.   The post Over $520M in Longs Liquidated as Bitcoin Price Drops Below $68,000...

Cordial Systems Launches Cordial Treasury Naming Jump Crypto as a Client


Cordial Systems, a venture-backed blockchain infrastructure company, has launched Cordial Treasury with several clients including Jump Crypto, the digital-asset unit of Jump Trading. The post Cordial Systems Launches Cordial Treasury Naming Jump Crypto as a Client appeared first on Cryptonews

Peter Schiff Regrets Skipping Bitcoin, Reignites Debate on Crypto’s Future


Longtime Bitcoin critic Peter Schiff has admitted he regrets not investing in Bitcoin when he was first introduced to it in 2010. The American stockbroker, known for advocating for gold investments, had previously mocked Bitcoin as a "pure Ponzi scheme." The post Peter Schiff Regrets Skipping...

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