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Crypto, AI and Data Centers Could Double Energy Consumption in 2026
27.1.2024
The aggregated demand for energy from crypto, artificial intelligence (AI), and traditional data centers could double in 2026. According to a report by the International Energy Agency (IEA), the consumption growth might mean adding a country like Sweden (in the best case) or Germany (in the worst...
Sygnum Bank Surpasses $40 Million in Strategic Funding Round
26.1.2024
Sygnum Bank has outperformed its funding expectations in a strategic growth round. The company’s focus now shifts to global expansion and further development of its regulated digital asset products. Sygnum Surges Past Funding Goals, Reaching $900 Million Valuation in Latest Round Digital...
New Game Announces Release Date And Also Shutdown Date In Same Tweet
25.1.2024
Today, Bushiroad International announced the global release date for Love Live! School Idol Festival 2 Miracle Live via Twitter. That same post announcing the news also revealed that the game will be shutting down in just a few months in what might be the most bizarre game announcement I’ve seen...
FSB Reveals 2024 Roadmap for Crypto Regulations and Cross-Border Payments
25.1.2024
The Financial Stability Board (FSB) has released its 2024 roadmap with plans to steer crypto regulations, cross-border payments, and broader issues in global finance. The international financial body created by the G20 revealed its plans for the current year. The main focus revolves around...
Crypto.com’s Spot Trading Volume Soars, Surpassing Kraken and KuCoin – Can it Overtake Binance Next?
25.1.2024
Crypto.com has experienced a surge in its spot trading volume, surpassing major competitors Kraken and KuCoin. The platform’s impressive performance has positioned it as the 9th largest cryptocurrency exchange globally, with its spot volume accounting for over 3 percent of the global market....
$200,000 Raised in Just 72 Hours – Scorpion Casino is Ready to Ignite the Next Crypto Bull Run With BitMart Launch
25.1.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Scorpion Casino, a fast-growing name in the online gambling industry, has recently achieved a remarkable milestone by raising $200,000 in just 72 hours. This significant achievement comes as...
Crypto Bank Sygnum Raises $40 Million for Expansion and Mergers
25.1.2024
Sygnum AG, a global digital asset bank, has successfully raised $40 million in a strategic funding round led by Azimut Holding. According to Sygnum’s latest announcement, the bank completed the oversubscribed funding round with over $40 million, exceeding its original $35 million target. Following...
Brink’s Makes Strategic Investment in Cryptocurrency Custody Firm BitGo
24.1.2024
On January 24, Brink’s announced the partnership with BitGo, a cryptocurrency custody firm. As part of this collaboration, Brink’s will serve as BitGo’s global secure logistics and vaulting provider. BitGo is delighted to partner with @Brinks as we advance financial innovation...
X Mining Is Paving a New Path for Bitcoin Mining via Tokenized Staking and Improved Sustainability in January 2024
24.1.2024
X Mining is a hot new cloud mining platform designed to revolutionize how individuals engage with Bitcoin mining in 2024. By integrating the convenience of tokenized staking with the reliability of blockchain, X Mining is set to democratize access to Bitcoin mining, making it accessible...
KuCard, The Crypto Visa Card by KuCoin, Brings Apple Pay to Customers
24.1.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Victoria, Seychelles — 23rd January, 2024 — KuCard, the first crypto debit card introduced by KuCoin, a top 5 global cryptocurrency exchange, today brings its customers Apple Pay, a safer, more...
Number of Crypto Owners Globally Reached 580 Million in 2023, Report Shows
24.1.2024
The number of global crypto owners surged 34% in 2023, reaching 580 million by December, a new report shows. In particular, bitcoin ownership surged 33% while Ethereum saw an even steeper rise of 39%. The report pinpoints the approval of spot bitcoin exchange-traded funds (ETFs) and the Bitcoin...
Valve Made About A Billion Dollars On Counter-Strike Loot Boxes In 2023
23.1.2024
According to new data, it appears that Valve likely made about $1 billion from digital Counter-Strike 2 (previously Global Offensive) cases and keys in 2023. Yes, that’s billion with a “B.” Read more
JPMorgan Sees Challenges Ahead for Crypto Market — Downgrades Coinbase Stock
23.1.2024
Warning of a difficult time ahead for the crypto market, global investment bank JPMorgan has downgraded Coinbase stock. Emphasizing that crypto prices are already under pressure, JPMorgan warned of “greater potential for cryptocurrency ETF enthusiasm to further deflate,” driving with...
Pepe Price Prediction as PEPE Global Ranking Falls to 130 – Will PEPE Rise Again?
23.1.2024
The Pepe price has slumped to $0.000001015 today, falling by 7% as the cryptocurrency market as a whole drops by 5% in the past 24 hours. PEPE has now fallen by 16% in a week and by 27.5% in the last 30 days, with the meme coin also having lost 76.5% since reaching an all-time […]
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Global cryptocurrency ownership rose 34% in 2023, reports Crypto.com
23.1.2024
According to the crypto market sizing report published by Crypto.com, the number of international cryptocurrency owners increased by 34% in 2023. The amount spent stood at 432 million in January 2023, and by December, it had increased to 580 million. A similar situation occurred in 2022, with...
Michael Howell Predicts Continued Surge in Global Liquidity Benefiting Stocks, Gold, and Crypto
23.1.2024
Crossborder Capital’s Michael Howell, a veteran in global finance, offered a liquidity-based view on the current state of the economy. He challenged the prevailing narrative of monetary tightening with evidence of a rise in liquidity, which in turn should uplift stocks, gold, and cryptocurrencies....
Bitcoin and Ethereum Price Prediction as BTC Drops Lower and ETH Takes a Hit – Time to Buy the Dip
23.1.2024
In the dynamic world of cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH) are facing pivotal moments. Bitcoin, the most prominent cryptocurrency, has witnessed a continual downward trajectory, plunging to the $41,000 threshold on Monday. The entire global crypto market cap reflects this downturn...
Global Crypto User Base Hits 580M, Following 34% Increase in 2023 – Crypto.com Report
22.1.2024
Source: Pexels Crypto asset adoption is accelerating, with over half a billion people becoming users or owners in 2023, according to a Crypto.com report. Making its disclosure in an 18-page report from its Research and Insights Team, the centralized Bitcoin exchange pointed out that 580 million...
Tokenized Real-World Asset Platform Ondo Finance Announces Expansion into Asia Pacific
22.1.2024
Tokenized Real-World Assets platform Ondo Finance has officially announced its expansion into Asia Pacific with the inauguration of its first office in the area. However, the firm did not disclose the country or the city where the office has been opened. Ondo Finance, currently holds 40% of...
JPMorgan Warns of Incoming Bitcoin Selloff With Anticipated $3 Billion Grayscale Outflow
22.1.2024
Global investment bank JPMorgan has warned of additional outflow from Grayscale’s bitcoin fund, cautioning that it will put “further pressure on bitcoin prices over the coming weeks.” The bank’s analyst also explained that the $3 billion inflow into new spot bitcoin...