Cryptocurrency

texas-crypto-mining-firm-and-co-founders-face-sec-charges-in-$5m-fraud-allegations
Posted by | April 26, 2024
Texas Crypto Mining Firm And Co-Founders Face SEC Charges In $5M Fraud Allegations

The US Securities and Exchange Commission (SEC) has taken legal action against Geosyn Mining, LLC, a Texas-based crypto mining and hosting company, and its co-founders, Caleb Ward and Jeremy McNutt,...

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bitcoin-etfs-slow:-blackrock’s-ibit-streak-ends,-fidelity-sees-outflows
Posted by | April 26, 2024
Bitcoin ETFs Slow: BlackRock’s IBIT Streak Ends, Fidelity Sees Outflows

This week witnessed a notable shift in the momentum of two of the most successful exchange-traded fund launches in history. BlackRock’s (NYSE:BLK)spot Bitcoin ETF, IBIT, renowned for its remarkable performance,...

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bitmex-founder-arthur-hayes-says-one-catalyst-could-lead-to-a-re-acceleration-of-the-crypto-market
Posted by | April 26, 2024
BitMEX Founder Arthur Hayes Says One Catalyst Could Lead to a Re-Acceleration of the Crypto Market

BitMEX co-founder Arthur Hayes believes one catalyst could re-ignite bullish momentum for the cryptocurrency market. Hayes tells his 502,700 followers on the social media platform X that more liquidity could...

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us-bitcoin-etfs:-daily-outflow-hits-$120m
Posted by | April 25, 2024
US Bitcoin ETFs: Daily Outflow Hits $120M

Total net outflows from 11 U.S. spot bitcoin ETFs reached $120 million on Wednesday, with eight products recording zero flows, a trend deemed normal by analysts. Grayscale’s GBTC witnessed $130.42...

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bitcoin-ownership-surges-as-small-addresses-hit-record-high
Posted by | April 25, 2024
Bitcoin Ownership Surges as Small Addresses Hit Record High

A recent report from Fidelity Digital Assets highlights a substantial increase in the number of Bitcoin addresses holding at least $1,000 worth of Bitcoin (BTC). Fidelity’s analysts reveal that this...

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blackrock’s-bitcoin-etf-sees-inflow-boom-end
Posted by | April 25, 2024
BlackRock’s Bitcoin ETF Sees Inflow Boom End

For 71 consecutive days, BlackRock Inc.’s Bitcoin fund experienced an impressive streak, accumulating nearly $18 billion in one of the most significant exchange-traded fund launches in history. However, investor interest...

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bitcoin-achieves-all-time-low-inflation-rate-post-halving
Posted by | April 25, 2024
Bitcoin Achieves All-Time Low Inflation Rate Post-Halving

Bitcoin’s inflation rate has plummeted to a historic low of approximately 1.74% following the recent Bitcoin halving. With 93.3% of Bitcoin already mined, amounting to 19.6 million out of a...

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runes-dominate-68%-of-post-halving-bitcoin-transactions
Posted by | April 25, 2024
Runes Dominate 68% of Post-Halving Bitcoin Transactions

Runes, resembling BRC-20s, emerge as a significant protocol utilizing the Bitcoin network, claiming a substantial 68% share in Bitcoin transactions since the halving. However, Bitcoin miners face diminishing returns amidst...

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paystand’s-defi-driven-acquisition:-transforming-b2b-payments
Posted by | April 25, 2024
Paystand’s DeFi-Driven Acquisition: Transforming B2B Payments

Paystand (NASDAQ:PAYS) has made a strategic move by acquiring spend management software startup Teampay, aiming to establish a “no-fee B2B digital payment and spend powerhouse.” While the financial terms of...

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ethereum-(eth)-investors-assess-potential-for-$4,000-rally-or-$3,000-dip
Posted by | April 25, 2024
Ethereum (ETH) Investors Assess Potential for $4,000 Rally or $3,000 Dip

Amidst a broader market crash, Ethereum experiences a 2.50% decline, fueling concerns of a potential drop to $3,000. Despite this setback, some investors maintain optimism for long-term gains, pointing to...

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