According to Bitcoin Magazine Pro, the 7-day average mining hash rate for Bitcoin has hit a new all-time high, surpassing 667 exahashes per second (EH/s) on July 26th during the Bitcoin 2024 conference. This tops the previous record of 657…
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Crypto in Crisis? Bitcoin Ignores Fed Cuts, Hits Startling Low!
Bitcoin’s price remains low despite Fed’s dovish stance; no rate change influences BTC. Bitcoin drops to $63,400, marking its lowest level since July 19 amid market uncertainty. Despite the Federal Reserve’s dovish stance, Bitcoin’s price failed to rally, tapping a…
No rest for the wicked: Ditch the XRP hype and switch to real alts before it’s too late
The buzz around XRP might be dazzling, but savvy investors know it’s time to explore other altcoins. Ripple’s potential legal setbacks are pushing the crypto community to hunt for undervalued gems with growth potential. Discover which alternatives are poised for…
Bank of Russia Expects Wide Adoption of Digital Ruble Within 5 to 7 Years
Elvira Nabiullina, the governor of the Bank of Russia, declared that she expects the digital ruble, the Russian CBDC, to achieve a high level of acceptance due to the benefits it offers to Russian citizens. During a speech at the…
SUN.io Launches SUN DAO to Enhance Decentralized Governance and Drive Ecosystem Innovation
PRESS RELEASE. Singapore, August 1st, 2024 – SUN.io, a leading DeFi platform built on the TRON blockchain, is thrilled to announce the launch of SUN DAO. This strategic initiative aims to enhance SUN.io’s decentralized governance and community autonomy. By expanding…
Bitcoin Makes Third Retest Of Historical Support, Analyst Sounds Alarm
An analyst has warned that support levels weaken the more they are retested and Bitcoin is now doing a third consecutive retest of a major such level. Bitcoin Is Again Retesting The Short-Term Holder Realized Price As explained by CryptoQuant…
New Memecoin Sensation Neiro Hits $200 Million Market Cap In Four Days
A new dog-themed meme coin has taken the crypto market by storm. Inspired by Kabosu owner’s new dog, Neiro, a new wave of Shiba Inu-themed tokens surged on Solana. However, Its Ethereum-based competitor has stolen the show with its stellar…
Occupy Bitcoin: Bitcoin Is Not Just Libertarian
Bitcoin has experienced enormous growth in the past fifteen years since its inception, and with that has come numerous monumental shifts in the culture of the overall ecosystem, as well as the smaller individual communities that make it up. This…
Hong Kong’s Largest Online Broker Launched Bitcoin Trading
Futu Securities, Hong Kong’s biggest online brokerage with over 3.5 million customers, has launched retail Bitcoin trading on its platform. As per South China Morning Post, users can now directly buy and sell Bitcoin and ether using Hong Kong or…
Spain Prepares for MiCA: CNMV Sets Preliminary Guidelines for Bitcoin and Crypto Services
Spain’s CNMV has issued preliminary guidelines for Bitcoin and cryptocurrency service providers as they prepare for the MiCA regulation, set to take effect on December 30, 2024. The official application process for crypto service provider authorization will commence in September,…
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