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Norway Wants to Restrict Crypto Mining by Regulating Data Centers, Lawmakers Say: Report
15.4.2024
Energy-intensive crypto mining is an example of a type of business not wanted in Norway, Minister for Energy Terje Aasland reportedly said
Uncertainty Over Fed Rate Cuts Intensifies With Sticky Inflation Metrics
13.4.2024
As each day unfolds, analysts, economists, Wall Street institutions, and Fed watchers have increasingly postponed their forecasts for when the U.S. Federal Reserve will reduce the benchmark interest rate. Current data suggest that a rate cut in June is unlikely, with odds standing at 50-50 for...
Report: Bitcoin Miners Strengthen Reserves Ahead of Fourth Halving
12.4.2024
As we near the anticipated fourth Bitcoin halving event, there are only 1,133 blocks left until we reach block 840,000, with the milestone expected to occur in about a week. Recent data from theminermag.com’s Miner Weekly on Thursday shows that bitcoin miners are conserving their reserves...
Bitget’s Q1 Trading Volume Surpassed $1.6 Trillion Amid Crypto Market Rally: Report
12.4.2024
Driven by the crypto rally, Bitget's Q1 2024 trading volume reached $1.6 trillion, a 100% increase from Q1 2023. The centralized exchange listed 186 new tokens and attracted over 25 million users.
The post Bitget’s Q1 Trading Volume Surpassed $1.6 Trillion Amid Crypto Market Rally: Report...
Report: EA Canned Dead Space 2 Remake, Team Working On Battlefield Now
10.4.2024
EA and Motive were reportedly working on a Dead Space 2 remake as a follow-up to the studio’s critically acclaimed 2023 remake of the 2008 survival horror game. However, due to “lackluster sales,” that game has allegedly been shelved indefinitely and the team behind it is now working on Battlefield...
Rate Cuts Could be ‘Out the Window’ After March CPI Data Reveals Stubborn Inflation, Tradestation Exec Says
10.4.2024
The U.S. Consumer Price Index (CPI) experienced a higher increase than anticipated in March, climbing by 0.4% over the month to reach 3.5%. The Bureau of Labor Statistics reported that the rise was primarily fueled by increases in shelter and gasoline costs. This acceleration in the inflation rate...
Bitcoin Technical Analysis: BTC Remains Range Bound Ahead of US Inflation Report
10.4.2024
Bitcoin’s price movements on April 10, 2024, showcased a day of significant volatility, with the cryptocurrency’s value swinging between $68,207 and $70,917. Oscillators and moving averages paint a complex picture of neutrality and cautious selling signals, amidst a backdrop of...
Next Bitcoin Halving to Propel Prices to Between $150,000 and $169,000, Says Bitfinex
9.4.2024
A new analysis by Bitfinex researchers predicts a 160% surge in bitcoin’s price in the upcoming 12-14 months, potentially reaching over $150,000 per unit. This forecast, derived from historical data and statistical models related to previous Bitcoin halving events, suggests a bullish future...
India’s Web3 Startup Tally Tops 1,000 as Investor Appetite Soars
9.4.2024
India now has a thriving Web3 ecosystem with over 1,000 startups in the space, a report published by Hashed Emergent on Tuesday showed.
The post India’s Web3 Startup Tally Tops 1,000 as Investor Appetite Soars appeared first on Cryptonews
South Korean Youth Crypto Investment Driving Many to Debt – Report
9.4.2024
South Korean youth debt is on the rise, with crypto investments leading many desperate young people to bankruptcy courts, new data shows.
The post South Korean Youth Crypto Investment Driving Many to Debt – Report appeared first on Cryptonews
dYdX Investigates Block Production Halt During Scheduled Upgrade
8.4.2024
dYdX has confirmed an outage on its mainnet, and ecosystem engineers are currently debugging the issue. The outage has been ongoing since 6:50 a.m. UTC, with no fix expected for several hours, according to an incident report.
The post dYdX Investigates Block Production Halt During Scheduled Upgrade...
PayPal USD Circulation Drops by 39% to $188.5 Million in March: Paxos
8.4.2024
According to Paxos' most recent transparency report on PayPal USD, the circulation of PYUSD in March totaled $188.5 million, marking a 39% decrease compared to the previous month.
The post PayPal USD Circulation Drops by 39% to $188.5 Million in March: Paxos appeared first on Cryptonews
March 2024: ETH Hit $4000, What Else Happened In The Ethereum Ecosystem?
8.4.2024
This report explores and analyzes Ethereum price and ecosystem developments, as well as notable events that happened in March 2024.
The post March 2024: ETH Hit $4000, What Else Happened In The Ethereum Ecosystem? appeared first on Cryptonews
Costa Rica Mulls on Legal Use of Bitcoin for Daily Transactions: Report
8.4.2024
Costa Rica's new crypto legislation would “compromise the ability to freely use Bitcoin as money for day-to-day transactions.”
The post Costa Rica Mulls on Legal Use of Bitcoin for Daily Transactions: Report appeared first on Cryptonews
Report: Life Is Strange Devs Dealt With Toxic Workplace, Crunch
5.4.2024
Life is Strange: True Colors and Before the Storm studio Deck Nine Games is the subject of a massive IGN report whereby current and former employees allege the studio was a toxic place to work, that there was studio-supported crunch, and there were leaders who only made things worse.Read more
South Korean Crypto Voice Phishing Attacks Becoming More Sophisticated – Report
5.4.2024
South Korean crypto voice phishing attackers are developing more sophisticated ways to dupe victims out of cash and tokens, a report claimed on April 4.
The post South Korean Crypto Voice Phishing Attacks Becoming More Sophisticated – Report appeared first on Cryptonews
Online Games Act Like Unregulated Banks, And The US Gov’t Has Noticed
4.4.2024
A new report from the United States Consumer Financial Protection Bureau (CFPB)—an organization focused on enforcing the laws that protect consumers—indicates the bureau is aware of and monitoring big online video games that are filled with in-app purchases, digital currencies, and shady...
Solana March 2024 Recap: SOL Price Analysis and Ecosystem Review
4.4.2024
In this report, we offer a complete Solana ecosystem analysis and SOL price action overview for March 2024, with a particular focus on the reasons for SOL’s meteoric price hike and the rise of meme coin trading on the blockchain.
The post Solana March 2024 Recap: SOL Price Analysis and Ecosystem...
Coingecko Report: Meme Coins Eclipse AI and RWA Tokens With Stellar Q1 Performance
4.4.2024
In the first quarter of 2024, meme coins significantly outshone all other cryptocurrency narratives by delivering an astonishing average return of 1312% across its leading tokens, as observed in a report by Coingecko. Among these, the newly launched tokens Brett (BRETT), BOOK OF MEME (BOME),...
Choppy Bitcoin Price Action Continues Ahead of Friday's Jobs Report
3.4.2024
Flows into the new spot ETFs have been subdued for a couple of weeks, possibly prompting a renewed interest in macro drivers for price direction