Do We Need This Many Layer 1 Blockchains? The Shocking Truth
The cryptocurrency industry has witnessed an explosion of Layer 1 (L1) solutions, each offering unique promises of scalability, decentralization, and...
Bitcoin
This Has to Happen for Bitcoin to Soar Past $58K: Santiment
In the past two weeks, bitcoin has experienced a market correction of around 11% and even more evident volatile rides....
Bitcoin’s All-Time High Difficulty Challenges Miners as Revenue Falls
On Sept. 10, Bitcoin’s mining difficulty rose 3.58% higher bringing the network’s difficulty to a new all-time high of 92.67...
UK Introduces Bill to Classify Crypto Assets Like Bitcoin and NFTs as Personal Property
In a landmark move, the United Kingdom government introduced a bill in Parliament on Wednesday that aims to clarify the...
State Regulator Warns of Crypto Fraud After Investor Loses $750K
The Washington State financial regulator has issued a warning about potential cryptocurrency fraud involving a mining platform and wallet. A...
Spot Bitcoin ETFs See Second Day of Inflows, Adding Nearly $117M
The spot bitcoin exchange-traded funds (ETFs) posted gains on Tuesday, marking their second consecutive day of inflows. Spot ether ETFs...
Jaw-Dropping Energy Difference Between PoS Altcoins and Bitcoin
How green is crypto, really? Activists accuse the industry of environmentally-hazardous side effects, but how true are these claims? What...
Specialists: Crypto In Early Stages of Growth Despite Rising Adoption
The crypto industry is still in its early stages of growth, despite a significant increase in adoption rates. Experts believe...
3 Reasons Why Bitcoin Does Bad In September: Bitwise
Bitcoin ETF manager Bitwise published a report this week explaining why almost every September – including this one – is...
Fractal Bitcoin Absorbs Over 35% of Bitcoin’s Hashrate After Mainnet Launch
Data reveals that after Fractal Bitcoin’s mainnet went live, the project’s block explorer indicates the blockchain now controls over 35%...
Nigerian Regulator Threatens Crackdown on Unlicensed Crypto Entities
The Nigerian Securities and Exchange Commission (SEC) has vowed to crack down on unlicensed cryptocurrency businesses targeting Nigerians. This comes...
Compass Mining Energizes 3,000 Bitcoin Mining Rigs at Iowa Facility
Compass Mining has powered up 3,000 bitcoin mining machines at its newly partnered hosting facility in Iowa. The company also...
Tokyo Electric Power Company’s Subsidiary Mines Bitcoin With Surplus Energy
According to a report from Asahi Shimbun, one of Japan’s oldest national newspapers, a subsidiary of Tokyo Electric Power Co....
MicroStrategy’s Michael Saylor Predicts Bitcoin Price Will Rise to $13 Million
The price of the biggest digital coin may have taken a hit in recent weeks—but Bitcoin preacher Michael Saylor is...
Exploring the Rise and Impact of Restaking
In 2024, restaking rapidly transformed from a nascent concept into a cornerstone of the DeFi ecosystem, driven by its potential...
UK Regulator: 87% of Crypto Firms Fail to Meet Registration Requirements
The UK Financial Conduct Authority (FCA) has revealed that over 87% of crypto registrations were either rejected, withdrawn, or refused...
Bitcoin Mining Could Help Japan Monetize Wasted Green Energy
Agile Energy X, a subsidiary of Tokyo Electric Power Grid (TEPCO), is exploring the use of surplus green energy for...
Where’s The Bitcoin Price Backside? 3 Educated Guesses
Bitcoin’s market price on crypto exchanges fell to its lowest price since the early August massacre when it dumped below...
Bitcoin’s Hashrate Reaches 692 EH/s, Nearing 700 EH/s Milestone
After breaking the July 25, 2024 record on Saturday, Sept. 7, Bitcoin’s hashrate has kept climbing, now reaching an impressive...
Recession Concerns Ignite Amid US Economic Slowdown and Market Volatility
In recent weeks, both economists and technical indicators have hinted that the U.S. may be on the brink of a...
Thoma Bravo founder says firm permanently exits crypto post-FTX fiasco
Key Takeaways Thoma Bravo has withdrawn from crypto investments after its FTX bet fell flat. The company's founder maintains a...
Bitcoin Hashrate Hits Record High as Prices Drop Below $55K
As bitcoin dipped below $55K this week, something quite interesting happened behind the scenes. On Sept. 7, 2024, the network’s...
