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Northern Data’s Peak Mining Acquires Second 300-Megawatt Site in Texas


According to Peak Mining, a subsidiary of the German bitcoin mining and infrastructure firm Northern Data, the company has announced the purchase of a 300-megawatt ERCOT-approved site in Corpus Christi, Texas. The site is adjacent to another location acquired by the firm in December 2023. Peak...

Ethereum’s Subdued Market Performance Follows US Approval of Spot ETFs


Following the approval of several spot ethereum exchange-traded funds (ETFs) in the U.S., ether’s price has been rather subdued, ranging between $3,640 to $3,740 over the last 12 hours. There’s wasn’t really any substantial upticks other than when the rumors of the approval...

Montenegro Court Blocks Do Kwon’s Extradition to South Korea


A Montenegro appeals court has reversed an order to extradite Do Kwon, the cryptocurrency entrepreneur behind Terraform Labs, to South Korea. Kwon is wanted for his alleged role in the company’s collapse, which caused a $40 billion loss and impacted global crypto markets. Both South Korea and...

Onchain Fees for Bitcoin Drop to Six-Month Low


Bitcoin transaction fees have reached their lowest point since early November 2023, roughly six months ago. The average fee is now about $2.77 per transaction, with low-priority to high-priority transfers costing between $0.38 and $0.95 per transaction on May 24. Bitcoin Transfer Fees Reach Lows...

$15M Crypto Presale Dogeverse Enters Last 10 Days Ahead of Exchange Listings


The hype around Dogeverse (DOGEVERSE), a new multi-chain meme coin, is continuing to grow. After raising over $15 million during its presale, this viral project is entering the final 10-day countdown before hitting exchanges – and investors are eager to get involved while they can. Final...

The House passes a crypto regulatory framework bill; what’s next?


FIT21 has reached a significant milestone. The House has cleared the way for the legislation to climb the ladder rather than move to the Senate and President to become law officially. What lies next is a phase of optimism and clarity for the crypto market. Biden’s opposition to the bill...

Ethereum Spot ETF: A new era for crypto as a commodity?


Finally, the day has dawned when the spot Ethereum ETF will be recognized as a commodity. The Chief Legal Officer with Coinbase takes the opportunity to reiterate his earlier claim that Ethereum is indeed and essentially a commodity, as shared through a post on X.  Following a prolonged wait, 19b-4...

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