The U.S. government has recently initiated the movement of Bitcoin assets that were previously seized from the Silk Road platform. These assets, approximately 4,000 BTC, were transferred to Coinbase Prime, a platform commonly used by institutional investors. Currently, the U.S. government holds around 213,546 Bitcoin, valued at nearly $13 billion. The U.S. government has shifted

The Bitcoin mining industry sees a major acquisition as CleanSpark announces its intention to purchase GRIID Infrastructure in a $155 million all-stock deal. The deal comes at a time when mergers and acquisitions in the Bitcoin mining sector are gaining traction post the last halving event. CleanSpark aims to expand its capacity significantly, targeting 100

BlockDAG employs a directed acyclic graph (DAG) to achieve unmatched transaction speeds and scalability, affirming

Bybit, one of the world’s top three cryptocurrency exchanges by trading volume, has experienced a significant surge in market share according to Kaiko’s latest data debrief report. The report highlights Bybit’s impressive growth, especially after launching spot Bitcoin ETFs in the US, positioning it as a major player in the global crypto trading landscape. Since

Coinbase, a major player in the U.S. cryptocurrency market, has recently launched legal actions against the SEC and FDIC. The lawsuits, filed in Washington, D.C., aim to obtain internal records that reveal a concerted effort to limit crypto firms’ access to banking services. Coinbase alleges that federal regulators are intentionally obstructing the digital asset industry’s

As the landscape of cryptocurrency investment constantly evolves, recognizing opportunities when market dips can be a smart decision. In this article, we analyze three potentially valuable cryptocurrencies to keep in mind: Cardano (ADA), Chiliz (CHZ), and Pendle (PENDLE). Let’s delve into these cryptos to buy in market decline. 1. Cardano (ADA) Cardano stands out as The post Hot Cryptos to Buy in Dip appeared first on CoinGape .

Abra has reached a settlement with U.S. state regulators for operating without licenses. Gemini’s Earn program settles, guaranteeing $1.1 billion for users amid regulatory scrutiny. Abra is required to return up to $82.1 million to consumers as part of the settlement terms. Abra settles with 25 U.S. states for operating without licenses, returning up to

Analyst Kaleo predicts a significant rise in Dogecoin's value. DOGE's trading volume increased by 12% to over $588 million. Continue Reading: Analyst Predicts Significant Dogecoin Surge

Bitcoin ETFs reported net inflows of $21.4 million on Wednesday.

In a recent development, Coinbase, the largest cryptocurrency exchange in the United States, has initiated a legal offensive against the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC). The lawsuits, filed in a Washington, D.C., district court, aim to secure access to internal records that would shed light on what Coinbase

Experts are lately finding Solana’s price predictions uncertain as random ups and downs are going around it. Meanwhile, the PEPE coin, which used to be one of the top meme coins, has seen a price drop, leading to a decline in investors’ confidence. In this situation, BlockDAG stands out as the most secured investment option, …

Here's what the various instances highlighting crypto's regulatory challenges amid adoption are trying to say...

The Federal Reserve’s leadership seemingly views generative AI as a “super analyst” capable of turbocharging the agency’s work process.

Cryptocurrency exchange Bybit recently replaced a couple of its executives only a few weeks after its Notcoin (NOT) trading discrepancies. Bybit Executives Takes Blame For Notcoin Saga According to Wu Blockchain on X, the exchange underwent a large-scale replacement of its top executives. This includes the heads of its spot, derivatives, customer service, and VIP The post Bybit Sees Heavy Executive Restructuring Post Notcoin Saga: Report appeared first on CoinGape .

Chainlink has strengthened its relevance in the crypto landscape by broadening its array of services. This enhancement solidifies its critical role within the DeFi platforms and various protocols. “Chainlink’s service expansion is a pivotal move in augmenting its market dominance,” according to industry analysts. Explore Chainlink’s latest innovations and their implications for the crypto world.

Researchers at the University of Reading have conducted interesting research by submitting answers written by AI in exams. The results were astonishingly better than those of human students, and professors were unable to differentiate AI answers from human answers.

A well-known crypto analyst is bullish on the popular meme coin Dogecoin (DOGE). Another respected analyst projects significant rallies for two meme coins. Noteworthy projections suggest a substantial upward movement in the meme coin market. Discover the latest price predictions for Dogecoin, PEPE, and Popcat, and the anticipated explosive rallies in the meme coin space.

Congressman Matt Gaetz (R-Fla.) is proposing a new law that will mandate the U.S. Secretary of the Treasury to implement a program that will enable federal income taxes to be paid using Bitcoin (BTC). In a statement, Gaetz says the legislation will modernize the US tax system. The lawmaker says allowing taxpayers to pay their government The post US Lawmaker Matt Gaetz Unveils Legislation That Would Allow IRS To Accept Federal Taxes in Bitcoin appeared first on The Daily Hodl .

Shiba Inu (SHIB), one of the standout meme cryptocurrencies, concluded June with its steepest monthly decline since May 2022. As June wraps up, the focus shifts to Shiba Inu’s price action in July and what investors might expect in the upcoming month. Despite the bleak performance in June, historical data shows a generally positive trend

The SEC vs. Ripple lawsuit has continued for a notable period, with the progression of the case resulting in both parties experiencing upsides and downsides, courtesy of the court’s ruling.

The crypto market is down over the last 7 days, with the market cap falling from $2.37 trillion to $2.27 trillion. However, there are individual cryptocurrencies, of course, that are still yielding returns for their investors. This article highlights the…

The crypto market is down over the last 7 days, with the market cap falling from $2.37 trillion to $2.27 trillion. However, there are individual cryptocurrencies, of course, that are still yielding returns for their investors. This article highlights the…

CleanSpark acquires GRIID in a $155M all-stock deal, boosting bitcoin mining operations and sustainable practices. Acquisition includes pivotal 20 MW power hosting deal and integration of GRIID assets. CleanSpark plans 400 MW capacity by 2026, following strategic acquisitions and expansions. CleanSpark’s acquisition of GRIID will significantly enhance its bitcoin mining capabilities and commitment to sustainable

While global citizens await to see the future of the most powerful nation in the world, the crypto community has taken power into their hands. Crypto traders have placed bets on “What will Trump say during the debate?”

The digital distribution company GOG recently collaborated with the Japanese video game company Capcom to release the original Resident Evil™ game on PC.

Fantom Foundation secures a significant legal victory against South Korean food tech startup SikSin and its CEO Byung-Ik Ahn. The Seoul High Court reversed a prior decision by the Seoul Central District Court, dismissing all claims against Fantom and awarding it full legal costs. Fantom was accused of failing to integrate its technology into the

In this post Trump is set to face Biden in the 2024 presidential debate in Atlanta tonight. PolitiFi tokens tied to Donald Trump perform better than those tied to Joe Biden. There are open bets on Polymarket on what Trump will say tonight The debate between Joe Biden and Donald Trump has been set in …

CleanSpark has acquired GRIID in an all-stock transaction. The deal is expected to add more than 400 megawatts to the company’s power grid over two years.

A U.S. court has ruled against the Securities and Exchange Commission declaring that the agency unlawfully rescinded a rule on proxy advisory firms without adhering to the Administrative Procedure Act. This decision, highlighted by Ripple’s Chief Legal Officer on a post on X (formerly Twitter), has drawn attention to the SEC Chair Gary Gensler’s involvement The post SEC Faces Setback in Court, Ripple Sees Potential Opportunity appeared first on Coin Edition .

Paradigm Capital makes a strategic move by depositing Ethereum into Anchorage Digital. This action underscores the growing trend of institutional trust in secure digital custody solutions. An increase in deposit frequency highlights Ethereum’s robustness as a digital asset. Paradigm Capital deposits $65.59 million in Ethereum to Anchorage Digital, signaling growing institutional confidence in secure crypto

Chainlink expands its service scope in the crypto market. Data Streams product launched on Avalanche network. Continue Reading: Chainlink Expands Its Services and Strengthens Market Position

The dynamics of BitMEX Ethereum reserves provide insights into potential price fluctuations driven by investor behavior. Experts are keenly observing Ethereum’s support levels to predict forthcoming market movements. A noteworthy observation is the historical trading volume increases in resistance areas, which pose challenges for Ethereum’s price to surge. Track BitMEX Ethereum reserves to understand investor

CleanSpark, a sustainability-driven Bitcoin mining company, announced on Thursday its intent to merge with Griid Infrastructure, acquiring all of its common shares for $155 million. The value of Griid Infrastructure’s shares plummeted by 49% post-announcement, dipping to $1.20 per share. Despite this, the company’s shares have seen a 55% increase over the last month. According

Tezos X upgrade promises one million transactions per second with improved modular design and developer experience.

The smart giant whale, which earned more than $ 1 billion from Bitcoin, returned to the markets again. Deposited 1,200 BTC worth $73.44 million to Binance Continue Reading: The Whale, Who Earned More Than 1 Billion Dollars in Bitcoin, Returned to the Market: He Made Two Million Dollar Transactions in One Week! Here is the Profit-Loss Situation!

Chainlink Data Streams now live on Avalanche with GMX V2, enhancing DeFi speed and security for the whole AVAX-based ecosystem. The post Chainlink data streams debuts on Avalanche with GMX V2 appeared first on Crypto Briefing .

The deal provides Bitcoin miner CleanSpark with a clear pathway toward 400 megawatts of power capacity in Tennessee, its CEO said.

Bitcoin mining company CleanSpark has announced a definitive merger agreement to acquire GRIID Infrastructure Inc. (Nasdaq: GRDI, in an all-stock deal worth $155 million. Projected to be completed in the third quarter of the year 2024, this acquisition comes at the backdrop of the company’s strategic expansion in the Bitcoin mining business, for instance, the The post Bitcoin Miner CleanSpark to Acquire GRIID for $155M appeared first on CoinGape .

Coinbase, the largest cryptocurrency exchange in the United States, has initiated legal action against the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC) over non-compliance with information requests in closed cryptocurrency cases. The filings at the United States District Court for the District of Columbia indicate that Coinbase is seeking to

The likely victorious Labour party has taken no stance on digital assets. This needs to change quickly, writes Laura Navaratnam of the Crypto Council for Innovation.

Elon Musk once again captures the attention of the crypto community with his recent social media activities. This interaction showcases the strong engagement Musk maintains on his platform, X, influencing the digital currency space. Dogecoin co-creator Billy Markus responds, amplifying the influence of Musk’s seemingly casual tweet. Discover how Elon Musk’s latest online engagement highlights

Bitcoin’s recent price action reveals sustained weakness, exacerbated by large sales from governmental bodies. The sale of thousands of BTC by both the United States and German governments has intensified bearish sentiment. Despite this, certain technical indicators suggest a potential price recovery might be on the horizon. Bitcoin’s current lows could set the stage for

The SEC and FDIC have stonewalled requests from Coinbase concerning information about their actions toward crypto entities.

State Street Global Advisors has made significant moves toward cryptocurrency investments. The firm has initiated a partnership with Galaxy Asset Management. State Street oversees assets exceeding $4.3 trillion, while Galaxy manages around $6.2 billion. State Street Global Advisors partners with Galaxy to launch crypto investment funds, catering to growing investor demand for diverse digital asset

The trustee of the Mt.Gox exchange, which went bankrupt in 2014, announced plans to begin paying compensation in Bitcoin, Bitcoin Cash, and cash in early July. The decision was made after the preparatory process, including providing technical support, complying with…

The trustee of the Mt.Gox exchange, which went bankrupt in 2014, announced plans to begin paying compensation in Bitcoin, Bitcoin Cash, and cash in early July. The decision was made after the preparatory process, including providing technical support, complying with…

Despite a brief dip below $60,000 on June 23, bitcoin has demonstrated formidable resilience by closing above this pivotal level for 118 days in 2024. According to QCP Capital, the cryptocurrency continues to hold strong against various market pressures, including substantial governmental sell-offs. QCP Capital Foresees Bitcoin Holding $60K Line, Despite Recent Market Pressures In

The recent decline in Bitcoin’s price has fallen below a critical on-chain metric, sparking concern in the market. The behavior of major Bitcoin holders suggests a bearish outlook as they continue to offload their holdings. An absence of buying activity from long-term holders adds to the pessimistic sentiment surrounding Bitcoin. Discover the latest developments in

Redacted, a Web3 entertainment and gamification ecosystem, has successfully raised $10 million in funding.

Bitcoin miner Hut 8 is set to join the Russell 3000 Index on July 1, 2024, as part of FTSE Russell's annual reconstitution.