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Report: Bitcoin Mining Sustainable Energy Usage Reaches 54.5%
24.1.2024
Daniel Batten, co-founder of CH4 Capital, reported that bitcoin mining has reached all-time high levels of sustainable energy usage and emissions mitigation. According to Batten, 54.5% of the energy used for this activity is sustainable, and the industry is mitigating 7.3% of all its emissions...
Now official, 1-million Mollars tokens pre-sold as crypto users anticipate a new store of value cryptocurrency
24.1.2024
It’s now official that 1-million Mollars tokens have been pre-sold. Crypto traders appear extremely bullish & excited about the Bitcoin-alternative crypto’s launch on Ethereum Blockchain. The deflationary digital currency offers a store of value but with 80% less transaction fees...
Crypto Whales Hunt for Bargains As Bitcoin Prices Slide, Data Shows
24.1.2024
Bitcoin traded at a fat premium on Bitfinex compared to the global average price over the weekend, hinting at bargain hunting by whales
70% of Crypto Asset-Related Communications Violate Rules: FINRA
24.1.2024
The U.S. Financial Industry Regulatory Authority (FINRA) has reported that approximately 70% of crypto asset-related communications reviewed in a recent targeted exam have failed to comply with its rules. According to a recent report by the FINRA, the examination launched in November 2022 involved...
BitMEX Founder Arthur Hayes Predicts Bitcoin Support Range at $30,000 to $35,000
24.1.2024
BitMEX founder Arthur Hayes has predicted Bitcoin (BTC) to find support in the range of $30,000 to $35,000. In a recent blog post, the crypto billionaire said he has purchased a Bitcoin put option with a strike price of $35,000, which expires on March 29. He noted that Bitcoin appears to...
Edward Snowden Urges Crypto Community to Fund Tornado Cash Pioneer’s Legal Defense
24.1.2024
Former CIA contractor and whistleblower Edward Snowden on Tuesday called for financial aid to support Tornado Cash founder Roman Storm’s legal defense. Storm and his co-founder Semenov were arrested in Aug. 2023 for alleged sanctions violations in the US through their crypto mixing service, accused...
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...
SEC Got SIM Swapped: How Hacker Gained Control of SEC’s X Account
24.1.2024
The U.S. Securities and Exchange Commission (SEC) has admitted that a SIM swap attack compromised its X account, where a fake announcement about the approval of spot bitcoin exchange-traded funds (ETFs) was posted. “The unauthorized party obtained control of the SEC cell phone number...
South Korean Tax Body Seized Crypto Worth $28.4m From ‘Tax Dodgers’ in 2023
24.1.2024
South Korea’s tax body last year confiscated cryptoassets worth $28.4 million from citizens who were trying to avoid paying taxes. Per Newsis, the number of “crypto tax dodgers” has ballooned from 5,741 – a figure reported in late 2022 – to 10,849. The latest figures come from the National...
Peter Schiff Says All Spot Bitcoin ETFs Are Now in Bear Markets — Warns of Deeper Losses
24.1.2024
Gold bug and economist Peter Schiff has warned of deeper losses for spot bitcoin exchange-traded funds (ETFs), emphasizing that they are “now in bear markets.” Referencing the Proshares Bitcoin Strategy ETF which is down more than 50% in over two years, Schiff predicted that those...
Mad Money Host Jim Cramer Doubts Bitcoin Will Find Its Footing as Selloff Continues
24.1.2024
Jim Cramer, the host of CNBC’s Mad Money show, has doubled down on his bearish bitcoin price outlook, predicting that the cryptocurrency will continue to struggle against the backdrop of a plummeting crypto market. “Unlikely that bitcoin finds its footing,” Cramer emphasized...
South Korean Authorities Slammed for Taking Crypto Regulation ‘Baby Steps’
24.1.2024
South Korea’s financial regulators are taking “baby steps” while US counterparts forge ahead with rapid crypto regulation progress, a new report has claimed. Per the South Korean media outlet News Tomato, domestic financial authorities are yet to “properly organize” their crypto arms. The outlet...
Polygon Competitor Projected to Soar from $0.008 to $10 by 202
24.1.2024
  In the dynamic world of cryptocurrencies, a new contender has emerged with the potential to rival Polygon’s success. Pandoshi, currently priced at a modest $0.008, is capturing the attention of crypto investors. With its innovative approach and a strong focus on decentralized finance...
Report: Ethereum and Solana Showcase Unique Market Dynamics in Recent Altcoin Trends
23.1.2024
In the dynamic world of crypto markets, recent trends have illuminated intriguing divergences in the altcoin market, particularly between ethereum and solana, relative to bitcoin. A comprehensive report published by Glassnode, an onchain analytics firm, delves into this phenomenon. Altcoin Dynamics...
3 Cryptocurrencies Set to Soar Post-2024 Bitcoin Halving
23.1.2024
Ethereum, Litecoin, and Bitcoin Minetrix stand out as cryptocurrencies likely to surge after Bitcoin’s 2024 halving event. Image by Muhammad Irfan, Adobe Stock. March 2024 will mark a monumental event for Bitcoin—the fourth halving in its history. This preprogrammed supply shock has proven...
Best Crypto to Buy Today January 23 – Bittensor, Siacoin, LEO Token
23.1.2024
Amid the cryptocurrency market’s ongoing volatility, three standout performers—Bittensor’s TAO, Siacoin’s SC, and LEO—have become potential opportunities for investors seeking the best crypto to buy today. Bittensor’s TAO has shown impressive momentum, surging 15.72% over...
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...
Why Does Maxine Waters Care About Meta’s Crypto Patents?
23.1.2024
Bonk Holders Migrating To New AI Crypto ICO Built For Traders To Hunt 1549% ROI Tokens – 24-Hour Countdown Begins
23.1.2024
BONK selloff has redirected attention to hot new Launchpad XYZ’s crypto ICO presale and $LPX token hours before launch. Image by creative, Adobe Stock. The recent freefall of BONK’s price, dropping 70% since mid-December, has investors searching for the next big crypto winner. This...
Pontem Announces AI-powered Crypto Chatbot Following $6 Million Seed Funding Round
23.1.2024
Product development studio Pontem is launching an AI-powered chatbot dubbed Pontem.ai capable of operating like a “full-scale AI crypto assistant.” A crypto trader’s best friend According to a press release from Pontem on Tuesday, the chatbot can answer questions on emerging news...