It’s been a captivating four months since Bitcoin’s mempool last emptied, and with the recent downturn in Ordinal inscriptions this month, the backlog now holds a mere 27,210 unconfirmed transactions. Bitcoin’s Transaction Backlog Nears End as Ordinal Inscriptions Wane A little over a fortnight ago, the clutter in Bitcoin’s mempool was quite pronounced, boasting over […]
PRESS RELEASE. September 28, 2023 – The 2023 Global Digital Mining Summit (WDMS) concluded successfully in Singapore, exploring the future trends and investment opportunities in the Web 3.0 mining ecosystem. During the event, Bitmain unveiled its latest high-hashrate miner, the S21, and commenced accepting pre-orders. As Bitmain’s exclusive cloud mining partner, BitFuFu platform has opened […]
The U.S. Securities and Exchange Commission’s former head of internet enforcement has called on the U.S. Department of Justice (DOJ) to prosecute more crypto firms. “The stark reality is that the SEC is merely a civil enforcement agency. And until crypto-grifters face the threat of DOJ prosecution (i.e. prison time), they will continue to treat […]
Venture capitalist Katie Haun is optimistic about the future of crypto. “It’s a really good time to be investing in this space during this down market,” she said. “I have actually never felt that in prior cycles, crypto was more inevitable than in this cycle, and this is the fourth cycle I’ve been in crypto,” […]
‘Weaponization Project of the Dollar’: Asian Countries Talk De-Dollarization; Jim Rogers Says USD’s Time ‘Coming to an End,’ and More — Week in Review – The Weekly Bitcoin News …
Billionaire Bill Ackman has warned that “We are running out of time†to fix the problem that led to the collapses of regional banks. “How many more unnecessary bank failures do we need to watch before the FDIC, U.S. Treasury, and our government wake up?†he stressed, …
Current indicators suggest the European Central Bank (ECB) should raise the interest rate in May, the monetary authority’s chief economist said. Future increases will depend on the economic data but this is still not the right time to stop, according to Philip Lane who believes the bank …
Galaxy Digital’s CEO Mike Novogratz talked to Andrew Ross Sorkin on CNBC’s Squawk Box and gave his reaction to Sam Bankman-Fried’s (SBF) recent New York Times (NYT) Dealbook Summit interview. Novogratz said that SBF was “delusional†and insisted that the former FTX CEO needs to be prosecuted and further said, “he will spend time …
The EverEarn token ($ EARN) launched on the BNB Chain in January 2022 with a simple goal; to show that a new startup cryptocurrency can be run like a business from the beginning, without any false hype or empty promises, while providing increased passive stablecoin ($ BUSD) payouts, and continue to grow, …
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says it’s time to open his closed mind after listening to economist Harry Dent. He is now buying 2-year U.S. Treasury bonds despite repeatedly saying he does not invest in anything printed by the Federal Reserve or Wall Street. Robert Kiyosaki …
About four months ago, four of the top rebase tokens by market valuation were worth close to $ 8 billion in USD value and today, the entire lot of rebase tokens collectively are valued at $ 1.14 billion. The largest rebase crypto by market capitalization, olympus (OHM), had a $ 4.3 …
As bitcoin has increased more than 5% in value against the U.S. dollar during the last week, in less than seven days, the 19,000,000th bitcoin will be mined into existence. Meanwhile, on Sunday morning, 81.79 bitcoin worth $ 3.65 million today and created in 2011, moved for the first time since sitting idle …
On Wednesday, the Federal Open Market Committee (FOMC) and Fed chair Jerome Powell held a press conference concerning the American economy, the central bank’s plans to address inflation, and the ongoing Russia-Ukraine war. Powell announced that the FOMC decided to increase the benchmark bank rate by a quarter percentage and further noted the Fed …
An executive at Goldman Sachs is joining Coinbase after 16 years at the global investment bank. “It’s time to embrace the crypto economy,†he said, adding that the change is a “once in a lifetime opportunity to be part of building the next stage of the digital evolution.†From Goldman Sachs to Coinbase Roger …
While the crypto economy has shed more than 3% in fiat value during the last 24 hours dropping to $ 2.09 trillion, the top rebase tokens by market capitalization have seen significant losses this week. At the time of writing, the rebase token economy is valued at over $ 3.2 billion but …