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Texas Electric Utility Courts Unnamed Crypto Miners With Five-Year Deals
18.2.2024
In a recent report, the community-driven, nonprofit electric provider in Texas, Denton Municipal Electric (DME), is attracting interest from several crypto mining companies seeking to establish operations. These companies are eyeing a five-year agreement for powering their mining activities....
Investment Advisor: Bitcoin Is Priced for a Serious Rally
18.2.2024
The chief executive of Sound Planning Group has predicted a major bitcoin price surge, stating that the crypto is priced for “a serious rally.” He identified the upcoming Bitcoin halving and the adoption of spot bitcoin exchange-traded funds (ETFs) as key factors driving his bullish...
Robert Kiyosaki Expects Bitcoin to Take off — Foresees Gold Crashing Below $1,200
18.2.2024
Rich Dad Poor Dad author Robert Kiyosaki has predicted that bitcoin and silver will take off while gold will crash below $1,200. He urges investors to prepare for the “biggest crash in history” which he forecasted in his book years ago. Emphasizing that the Federal Reserve...
Dave Portnoy Regrets Selling Bitcoin — Wishes Barstool Invested $10 Million in BTC
18.2.2024
Barstool Sports kingpin Dave Portnoy is experiencing a serious case of crypto regret, wishing that he hadn’t sold his bitcoin. He also wishes that his company, Barstool, had invested $10 million in the crypto. “I’m so mad at myself about bitcoin. I should be up like 75%...
Peter Brandt Warns Against Trusting SEC Chair Gary Gensler — Says He Has Long History of Not Protecting Investors
17.2.2024
Veteran trader Peter Brandt has warned that U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler should not be trusted. He stressed that Gensler “has a long history of not looking out for the interests of investors.” Brandt further emphasized that the SEC chairman...
Binance’s Derivatives Arm Launches Tesla Model Y and Bitcoin Voucher Challenge
17.2.2024
Binance has announced a competition through its crypto derivatives arm, Binance Futures, offering participants the chance to win a Tesla Model Y. According to the crypto exchange, the contest will unfold over four weekly challenges spanning from Feb. 18 to Mar. 17, 2024. Binance Futures Unveils...
New Wave of Bitcoin ETFs Acquire 264,232 BTC Worth $13.5B in Just 5 Weeks, Blackrock’s IBIT Leads Charge
17.2.2024
In the last 37 days, the newly introduced nine spot bitcoin exchange-traded funds (ETFs) have rapidly accumulated a remarkable total of 264,232.74 bitcoin, now valued at $13.5 billion based on the current exchange rates. Leading the pack, Blackrock’s IBIT ETF holds a substantial 43% of this...
Honduras Tightens Crypto Regulations, Prohibits Bank Transactions and Holdings
17.2.2024
The National Banking and Securities Commission of Honduras (CNBS) has passed a resolution prohibiting the country’s financial institutions from engaging in cryptocurrency-related activities. The CNBS stated that crypto transactions cannot be guaranteed by the Honduran central bank due to...
April 2024 Bitcoin Halving Sparks Worldwide Curiosity, Data Reveals
17.2.2024
A recent study focusing on the search term “bitcoin” through Google Trends data revealed that curiosity remained subdued even as the price soared above the $50K mark. Yet, anticipation for the forthcoming reward halving has hit a 90-day peak. Slated for April 2024, this significant...
Telefonica Partners Chainlink to Mitigate SIM Swap Attacks in Web3
17.2.2024
Telefonica, one of the world’s largest telecom companies, has partnered with Chainlink, a decentralized oracle provider, to improve security in Web3 environments. Through the use of Chainlink functions and Telefonica’s SIM Swap API implementation, Polygon apps would be able to check...
Insider Trading in the NFT Market? Moonbirds’ Unusual Sales Activity Before Yuga Deal
17.2.2024
Prices and trading volume for the Ethereum NFT collection Moonbirds experienced a significant surge on Friday following the announcement of Yuga Labs’ acquisition of the collection’s intellectual property alongside creator Proof. However, there were also considerable spikes in sales...
Aptos Foundation and Blockchain Phone Maker Jambo Partner to Bolster Global Web3 Access
17.2.2024
The Aptos Foundation has revealed its collaboration with Jambo, a creator of blockchain-enabled smartphones, to bolster emerging markets through Web3 innovation. The pair state that their alliance seeks to improve Web3 access and knowledge in areas that would benefit greatly, by utilizing the layer...
US EIA Starts Requiring Energy Consumption Data From Cryptocurrency Miners
17.2.2024
The U.S. Energy Information Administration (EIA), a statistics agency of the U.S. Energy Department, has sent letters to cryptocurrency miners requiring data related to energy consumption and configuration of their mining sites. According to one of the letters posted on social media, miners have...
Citi Completes Private Market Tokenization Test Using Avalanche
17.2.2024
Citi, in alliance with Wellington Management, Wisdomtree, and ABN AMRO, completed a proof of concept for the tokenization of a private fund on top of the Avalanche blockchain. The test used Spruce, an Avalanche subnet, to tokenize the fund and transact the tokenized assets, which were programmed...
Justin Sun Unveils Tron-Based Bitcoin Layer Two Roadmap
17.2.2024
Tron is embarking on an ambitious journey to transform the Bitcoin ecosystem, as announced by its founder, Justin Sun. Through the integration of Bitcoin Layer two solutions, Tron seeks to decentralize and interconnect a variety of token types, including major stablecoins, with the Bitcoin network....
Coinbase Vaults Beyond 1 Million Bitcoin Mark, Stash Valued Over $52 Billion
17.2.2024
On Friday, Feb. 16, 2024, bitcoin’s value hovered between $51,850 to $52,350, with onchain insights from Arkham Intelligence revealing that the Nasdaq-listed crypto exchange giant, Coinbase, now possesses over 1 million bitcoin. Based on the current market prices, the stash secured by...
$14M Capital Infusion Catapults Ethena Labs’ Valuation; Stablecoin Ranks 9th Largest
16.2.2024
On Friday, Ethena Labs, the creators of the stablecoin USDE, secured $14 million in funding from key investors. Following this recent influx of funds and a previous $6.5 million investment from Maelstrom, overseen by Arthur Hayes, in July 2023, the company’s post-valuation has risen to $300...
Revolut To Roll Out “Invite-Only” Crypto Exchange
16.2.2024
Banking services provider Revolut is set to debut a new “invite-only” crypto exchange, according to a February 16 report. A U.K.-based customer email confirmed by CoinDesk stated that Revolut is launching a new crypto exchange with advanced traders in mind. Revolut’s ‘Standalone’...
U.S. Banks Push SEC For Key Changes In Crypto Regulation Following Spot-Bitcoin ETF Exclusion
16.2.2024
U.S. Banks are pushing for the United States Securities and Exchange Commission (SEC) to change its controversial Staff Accounting Bulletin 121 (SAB 121) after they were excluded from serving as asset custodians for spot-Bitcoin exchange-traded funds (ETFs), according to a February 14th letter from...
Crypto Media Houses Taken In By Fake $10M Uniswap Airdrop Scam
16.2.2024
A scammer deceived several crypto media houses into running stories on a fictitious $10 million Uniswap airdrop on February 15. This comes as the automated market maker (AMM) blockchain protocol announces the timeline for its latest V4 platform. Crypto News Outlets Promote Fake Uniswap Airdrop...