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Crypto miners stole $723M of electricity in Malaysia since 2018: Report
11.7.2024
Malaysia’s Deputy Minister of Energy Transition and Water Transformation revealed the number during an event where they disposed of over 2,000 machines seized in an operation
Senate Committee Discusses Strong Federal Oversight of Crypto Markets
11.7.2024
The Senate Committee on Agriculture, Nutrition, and Forestry held a hearing on Wednesday where Chairwoman Senator Debbie Stabenow stressed the urgent need for robust regulation in the crypto market. The discussion focused on investor protection, market integrity, and the necessity of federal...
Trump to Speak at Bitcoin Conference in Nashville on July 27
11.7.2024
Binance CEO: Crypto Prices May Fluctuate but Fundamentals Are Strong
11.7.2024
Binance CEO Richard Teng has highlighted the significant interest in bitcoin and other cryptocurrencies, noting that U.S.-listed bitcoin exchange-traded funds (ETFs) had attracted over $14.7 billion in net inflows over the past six months. Teng emphasized the industry’s robust long-term...
VC Firm Hypersphere Reveals $130 Million Atlas Liquid Fund
11.7.2024
Venture capital firm Hypersphere has announced the launch of its new liquid fund, Atlas, managing over $130 million in assets. Atlas aims to capitalize on the inefficiencies in the young crypto markets through a diverse range of trading strategies. Hypersphere’s New Atlas Fund Aims to Target...
Bitcoin traders ‘under pressure’ after deepest correction since 2022 erases profits
10.7.2024
83% of short-term Bitcoin traders saw losses after BTC price recorded its deepest drawdown since 2022
Federal Reserve Fines Citigroup $60.6 Million for Ongoing Risk Management Deficiencies
10.7.2024
The U.S. Federal Reserve has imposed a $60.6 million fine on Citigroup for continued failures in its risk management and data quality practices. The enforcement action follows Citigroup’s insufficient progress in addressing deficiencies identified in a 2020 order. Citigroup Faces $60.6...
Bitwise CIO Predicts Bitcoin Surge to $100,000 Despite Current Price Dip
10.7.2024
Bitcoin could reach $100,000 by the end of the year, according to Bitwise’s Chief Investment Officer Matt Hougan. Despite bitcoin currently trading under $60,000 at $57,800, Hougan sees significant potential for long-term investors. Market Pullback a Gift for Investors, Claims Bitwise...
Capital Management CEO; Bitcoin will Survive Germany Dump
10.7.2024
The industry has held its breath for a couple of weeks due to the FUD that the massive Bitcoin selling by the German government and Mt. Gox will tank the market. That narrative may work for some, but not Anthony Pompliano. Capital Management CEO Anthony Pompliano believes that BTC holders will...
Bitcoin Price Decline on Germany, Mt. Gox and Miner Sell Pressure May Be Overblown: NYDIG
10.7.2024
Recent blockchain movements sparked "irrational" fears, offering a buying opportunity for investors, NYDIG's Greg Cipolaro said
Satoshi Protocol Secures $2 Million Seed Funding to Build Universal Stablecoin for Bitcoin
10.7.2024
PRESS RELEASE. Satoshi Protocol, a pioneering project building a “universal” stablecoin designed specifically for the Bitcoin ecosystem, successfully closed a $2 million seed funding round in May 2024. Led by CMS Holdings and RockTree Capital, the round signifies strong investor...
Cryptoquant Report: Bitcoin Whales Buy Aggressively as Price Hits 4-Month Low
10.7.2024
Bitcoin’s recent price dip to a four-month low has triggered significant losses for new and large investors. This development, combined with mixed market signals, suggests the leading crypto asset is at a critical juncture, according to the latest Cryptoquant report. Market Signals Mixed...
Fed Chair Powell Reveals No Contact With Biden in 2 Years Amid Economic Challenges
10.7.2024
Amid swirling speculation in Washington D.C. about whether President Joe Biden will seek reelection in 2024 and questions about who really governs the nation, Fed Chair Jerome Powell disclosed that he hasn’t spoken with the U.S. President for over two years. “When any President calls...
Tech Coalition Urges Biden to Lead on Cryptocurrency Regulation
10.7.2024
In a recent letter to U.S. President Joe Biden, the Chamber of Progress, a tech industry coalition, called for comprehensive cryptocurrency regulation. The group emphasized the importance of a clear regulatory framework for digital assets, highlighting the potential benefits for both investors...
Bitcoin price faces major ‘summer of 2021’ style correction despite BTC whale buying
10.7.2024
Bitcoin whales have become accumulators again, but analysts say BTC is still at risk of another sharp correction
Polymarket Odds of Biden Dropping Out Spike to 61% After Pelosi Urges 2024 Decision
10.7.2024
On Wednesday, former U.S. House Speaker Nancy Pelosi urged President Joe Biden to decide soon on whether to run, stating that “time is running short.” Following this, Polymarket bets surged to 61% in the afternoon, reflecting the odds of Biden stepping down. Currently, those odds have...
Price analysis 7/10: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
10.7.2024
Bitcoin’s recovery faces selling near $60,000, indicating that bears remain active at higher price levels
Block & Core Scientific Announce Landmark Bitcoin Mining Deal
10.7.2024
Block (formerly Square) and Core Scientific have announced a new partnership for Bitcoin Mining. This collaboration centers around the supply of Block’s new 3-nanometer mining ASICs, developed by their Proto team, to Core Scientific. The duo strikes one of the largest Bitcoin mining deals...
Inside Lugano’s crypto revolution — A documentary
10.7.2024
Bitcoin journalist Joe Hall tests Lugano, Switzerland, to see if it truly merits the title of the world’s most crypto-friendly town
High-conviction Bitcoin traders targeted in new long BTC ETFs
10.7.2024
Rex Shares’ new Bitcoin ETFs offer 200% long or short directional exposure to Bitcoin’s price volatility