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Crypto Industry Holds Its Breath as US Election Debate Fails to Clarify Economic Policy
12.9.2024
After the first election debate, QCP Capital shared its perspective on how the U.S. election could influence the cryptocurrency market. According to the firm, investors remain cautious as their attention shifts to key macroeconomic indicators and the upcoming election decision. The CEO of Chirp,...
Hawaii emerging as crypto hub following new crypto regulations
12.9.2024
The Aloha state's new regulations already attracted some notable Web3 firms, including Coinbase, Metamask, Transak, BitPay and Trust Wallet
Turkey’s $200 limit on cash payments: What does it mean for crypto?
12.9.2024
Should the Turkish government pass new amendments, all cash payments above $205 would be subject to fines of 10%
Bitcoin Slumps As Crypto ETFs See $1 Billion Weekly Outflows
12.9.2024
News headlines carry the “Bitcoin (BTC) slumps to $56,000 again” as 1 billion ETF outflow was recorded over…
Vitalik Buterin Deposited 2.27M $USDC into Aave
12.9.2024
The holdings of Vitalik Buterin, co-founder of Ethereum, are on the move again. This time, he has reportedly…
CEX.IO resumes UK operations, backs stricter crypto rules
12.9.2024
Following a voluntary suspension in October 2023, CEX.io has successfully resumed operations in the UK after ensuring compliance with new FCA regulations
Court Sentences Missouri Man to 3 Years in Prison for Crypto and Tax Fraud
12.9.2024
Missouri resident Lyell Champagne Jr. has been sentenced to three years in federal prison for fraud and tax offenses involving cryptocurrency. He and his accomplice attempted to steal funds by accessing victims’ bank accounts and filing false tax returns. Law enforcement recovered most of...
Report reveals Bybit’s 2,700%+ token surge on day 1 listings
12.9.2024
A report by Simplicity Group Research uncovers Bybit’s dominant day one token price performance, outperforming Binance and Coinbase
Bitcoin Reclaims $58K as On-Chain Signals Bullish Momentum Toward $64K
12.9.2024
The Bitcoin price has reclaimed bullish momentum with a 2.48% jump in the last 24 hours. Since Monday,…
Samson Mow Doubles Down on $1 Million Bitcoin Price Prediction
12.9.2024
Samson Mow, CEO of JAN3, recently doubled down on his earlier prediction about bitcoin reaching $1 million this year. In an interview, Mow stated that the market was wrong, and that bitcoin was “massively undervalued” at current prices. “There is so little bitcoin out there...
Daily Crypto Update: Market Restores Amid Prevalent Fear
12.9.2024
The second week of September has also been a rollercoaster for the crypto market. The industry has rebounded…
Indian Police Investigate Cryptocurrency Fraud Targeting Ex-Servicemen
12.9.2024
Three former servicemen in India have lodged a complaint with the Chandannagar police, Pune, accusing eight officials from a trading firm of defrauding them of over Rs. 79.81 lakh (approximately $96,000) through a cryptocurrency scam since 2022. The ex-servicemen had invested their retirement...
Analyst Forecasts Gold Prices to Reach $2,950 as American Investors Escape From AI and Stock Market Bubbles
12.9.2024
Adam Hamilton, the founder of Zeal Intelligence, a financial consulting company, predicts that gold prices will rise as American investors turn to gold, fleeing from traditional stocks and the burst of the artificial intelligence (AI) bubble. Hamilton explained that gold experienced this price...
India, Nigeria, Indonesia Lead Chainalysis 2024 Crypto Adoption Index
12.9.2024
India, Nigeria, and Indonesia top Chainalysis’ latest global crypto adoption index, which ranks 151 countries based on grassroots cryptocurrency usage, adjusted for population and purchasing power. The report notes strong growth in crypto activity, particularly in lower-income nations....
UK Bill Recognizes Digital Assets as Personal Property Under New Law
12.9.2024
The UK Ministry of Justice has introduced the Property (Digital Assets etc) Bill to recognize bitcoin and other digital assets as personal property under English and Welsh law. Led by Justice Minister Heidi Alexander, this bill addresses legal uncertainties around digital assets, ensuring better...
Analysts Anticipate Altcoin Outperformance and Bullish Q4
12.9.2024
Bitfinex’s analysts anticipate a potential shift in cryptocurrency market dynamics. With bitcoin’s dominance decreasing and altcoins showing resilience, they suggested that altcoins could outperform bitcoin in the coming months, especially if macroeconomic conditions improve. They...
Cleanspark Expands Bitcoin Mining Operations by Acquiring 7 Tennessee Facilities
11.9.2024
Cleanspark Inc. has unveiled plans to acquire seven bitcoin mining facilities in Knoxville, Tennessee. The $27.5 million deal is expected to boost the company’s current mining capacity by 5 exahash per second (EH/s) by 2024, representing a 22% increase in its operational hashrate. Cleanspark...
Young consumers may be getting bored with blockchain loyalty reward programs
11.9.2024
Mini-dApps, microgames, and the burgeoning prediction markets sector appear to be the most popular methods for retaining engagement
Grayscale Launches SUI Trust for Accredited Investors
11.9.2024
On Sept. 11, Grayscale, the digital asset manager, revealed that its SUI Trust is now available to accredited investors eager for SUI exposure. The SUI token, native to the Sui blockchain, powers a layer one (L1) network designed to provide quick transactions and affordable fees. Developed...
CleanSpark acquires 7 mining sites in Tennessee, hashrate to grow 22%
11.9.2024
CleanSpark is acquiring more sites in Tennessee after buying GRIID Infrastructure's facilities there