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Bitcoin Miners on the Brink of Surpassing February Earnings as 2 Difficulty Adjustments Loom
Bitcoin miners face two additional difficulty adjustments before the network’s halving event, which is rapidly approaching, with less than 4,300 blocks remaining. Data indicates the total hashrate has recovered from a minor dip,…
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Bitcoin Mining Stocks Rally Ahead of Halving: Double-Digit Gains Mark Midweek Surge
Publicly traded bitcoin mining companies experienced a revival this week, as numerous stocks saw double-digit increases on Wednesday. Shares of Cleanspark soared by 22.8%, Marathon’s shares climbed by 16.1%, and Riot’s shares…
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Arbitrum Outpaces Ethereum in Daily Transactions Amidst L2 Networks’ Surge
Recent statistics reveal that the layer two (L2) network Arbitrum has experienced a significant increase in daily transactions. On Tuesday, the network’s daily transactions even exceeded those on the Ethereum platform.…
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Indian Finance Minister Says Crypto Assets Cannot Be Currencies — Expects ‘Some Framework Emerging’…
Indian Finance Minister Nirmala Sitharaman has stated that it is the position of the Indian government that crypto assets cannot be currencies, which are issued by central banks. She clarified that crypto assets can be used for trading,…
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Bitcoin Spikes 4% After Federal Reserve Maintains Rates At FOMC
Bitcoin (BTC)’s price spiked on Wednesday following the latest Federal Open Markets Committee (FOMC) meeting, at which the Federal Reserve announced no changes to interest rates.
The decision keeps the central bank’s…
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Ethereum Challenger Monad Labs in Talks to Raise $200 Million
The smart contract platform, Monad Labs is in talks to raise over $200 million via a funding round that is likely to be led by venture capital firm Paradigm. A successful funding round will see Monad Labs’ valuation rocket to $3…
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NodeMonkes Sees 53% Surge in Floor Price
NodeMonkes, Bitcoin’s premier NFT collection, has surged by over 50% in the past 24 hours, surpassing Bored Ape Yacht Club (BAYC) in market capitalization.
According to data from CoinGecko, NodeMonkes witnessed a 53.3%…
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Argentine Senate Passes Reform Creating Cryptocurrency Entities Registry
The Argentine Senate passed a law that creates a registry for any institution that offers cryptocurrency services in the country. The CNV, the Argentine securities enforcer, will manage this registry, which also establishes obligations…
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Wu-Tang’s Ghostface Killah to Release Exclusive Music Collection on Bitcoin Blockchain
This week, the popular American rapper and Wu-Tang Clan member, Ghostface Killah, declared his intention to release exclusive tracks on the Bitcoin blockchain. The influential hip-hop artist mentioned that this issuance will encompass a…
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Luxor and Bitnomial Roll out Hashrate Futures for US Market Ahead of Bitcoin Halving
Luxor Technology Corporation, a blockchain infrastructure service provider, has unveiled plans to introduce exchange-traded hashrate futures for institutional investors in the U.S. Through a collaboration with derivatives exchange…
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