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Bitcoin mining to boost UK’s renewable energy grid
10.7.2024
A UK-based Bitcoin organization is advocating to the new Labour government to implement a Bitcoin mining-based strategy to combat a growing problem of local electricity demand
DeFi Altcoin Leads AVAX Demand After Sentiment Shift, ADA Rebounds From Key Resistance
5.7.2024
The crypto market has seen retracement after the bearish swing, with coins like Cardano (ADA) and Avalanche (AVAX) retracing to the key resistance level. Despite the retracement, demand has shifted from both coins to a new entrant. DTX Exchange is the first hybrid exchange with centralized...
Bitcoin Hits New Low Since February, Options Market Stays Optimistic
4.7.2024
According to the latest data, $305.43 million was liquidated across crypto derivatives exchanges when bitcoin dipped below $57,000. One analyst predicts that with the Mt Gox and German government sell-offs, “supply will likely outstrip demand.” Conversely, QCP Capital notes that...
Abra Launches Digital Assets Treasury Solutions Amid Rising Crypto Demand
1.7.2024
Abra, a digital asset platform, has introduced Abra Treasury, providing customized digital asset treasury solutions. The service targets corporations, family offices, and non-profits. Abra Treasury, operated by Abra Capital Management LP, aims to offer an integrated suite of services including...
Controversial Streamer Nickmercs Banned By Twitch After Dropping Transphobic Slur
28.6.2024
Former pro Gears of War playerNick “Nickmercs” Kolcheff received his first ever ban from Twitch after using a transphobic slur during a recent stream, commemorating another Pride Month with his annual anti-LGBTQ+ bullshit. Read more
YouTube Cuts Dr Disrespect's Monetization Over Allegations About 'Sexting' Minor
28.6.2024
Business partners are continuing to ditch Guy “Dr Disrespect” Beahm after multiple reports corroborated allegations that he “sexted” a minor through Twitch, and the streamer himself admitted to conversations that “sometimes leaned too much in the direction of being inappropriate” with someone...
XRP struggles to break out: Lack of demand hinders growth
27.6.2024
The reverse trend in XRP has recently begun, with the figures indicating a gradual but consistent increase. However, it has yet to surpass the 26 EMA mark, indicating a sluggish movement. Lack of demand is the reason for its inability to surmount the 26 EMA threshold. If XRP is unable to surpass...
Bernstein Predicts Lukewarm Demand for US Spot Ethereum ETFs
25.6.2024
Market strategists from the brokerage firm Bernstein stated on Monday that U.S. spot ethereum exchange-traded funds (ETFs) might not attract the same demand as their bitcoin counterparts did this year. Analysts from the financial firm pointed out that the absence of staking could be a drawback...
Celsius small business creditors demand reimbursement after 35% cut in claims
25.6.2024
Two Celsius creditors have filed a motion asking for a second distribution after they allegedly suffered reduced payments from possessing corporate accounts
Ether Spot ETFs Could See Lower Demand Compared to Bitcoin Peers: Bernstein
25.6.2024
Ether and other digital assets need a better regulatory regime and the narrative is expected to improve around the U.S. elections later this year, the report said
Detained Binance Employee Includes Financial Compensation Demand in Amended Rights Lawsuit
23.6.2024
The jailed Binance employee, Tigran Gambaryan, recently requested permission to amend his fundamental human rights violation against Nigerian law enforcement agencies. The amended proposal reportedly seeks “the costs of this action on a full indemnity basis.” The Economic and Financial...
Federal Watchdogs Flag 4 Major US Banks for Lack of Crisis Management; Demand Living Will Revisions
22.6.2024
Federal authorities have spotlighted critical deficiencies in the crisis management strategies—known as “living wills”—of four major U.S. banks, signaling a push for stronger safeguards against financial turmoil. The Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve...
Report: Bitcoin Market Lacks Upward Momentum Amid Weak Demand
20.6.2024
Bitcoin continues to trade near a crucial price level, with the downside appearing limited but a lack of bullish momentum evident. The leading cryptocurrency stands around the $65,000 to $66,000 mark, a critical onchain realized price that could either support the price or signal a correction...
Ether ETF's Lack of Staking Won't Dampen Strong Institutional Demand, 21Shares' Ophelia Snyder Says
18.6.2024
Prospective providers of spot ether ETFs in the U.S. removed the provisions for staking from their applications to avoid potential regulatory roadblocks
Buyer demand rises for XRP amid hopes for SEC vs Ripple settlement
18.6.2024
The value of XRP has gone up by 2.31% in the last 24 hours. This is largely credited to the hopes that the community members have. They stem from the speculation that the US Securities & Exchange Commission and Ripple may soon settle. While Ripple will have to shed a few bucks, the numbers...
China’s Reduced Physical Gold Demand Cools Prices After May Peak
14.6.2024
While gold reached a record high in May at $2,450 per ounce, it has since settled at $2,329 per ounce. According to the World Gold Council, China’s demand for gold fell in May to its lowest level in four years. Gold Prices Down from Record High, China Physical Consumption Slumps, Analyst...
Asia’s Gold Rush: Investors Seek Safe Haven Amid Economic Uncertainty
13.6.2024
Demand for gold in Asia is surging despite high prices, as buyers seek a hedge against geopolitical and economic uncertainty. In Japan, there is currently a strong bullish sentiment on gold. Chinese investors, facing currency devaluation, real estate downturn, and trade tensions, have increased...
BTC average change in retail demand falls to 5-month low, could a 75% rally be next?
12.6.2024
The average monthly change in Bitcoin retail demand has waned over the last month, with one analyst noting it could be a precursor to a price surge seen earlier this year
Bitcoin Premium in South Korea Increases, Reflecting Strong Local Demand
9.6.2024
After falling below $70,000, bitcoin has stabilized above the $69,000 mark. In contrast, South Korea has seen a notable rise in the premium for bitcoin. South Korea’s Bitcoin Premium Rebounds After Hitting Recent Low Recently, bitcoin (BTC) saw its infamous premium in South Korea drop below...
Bitcoin halving impacts miner Riot’s revenue by 43% despite new facility
5.6.2024
To keep up with the declining Bitcoin rewards, Riot Platforms opened a new mining facility near Corsicana, Texas