Crypto news

Donald Trump has been using the crypto industry as a talking point this election season, speaking favorably for the industry and pointing out the gaps in legislation surrounding the asset class. In a recent fundraiser held in San Fransisco, former President US and presidential candidate Trump stated that “he would be the crypto president,” according to Reuters. Trump raised around $12 million in the fundraiser hosted by well-known tech VCs Chamath Palihapitiya and David Sacks. While San...

RobinHood: Das US-Start-up ermöglicht mit seiner App den kostenloses Trading und treibt damit die Digitalisierung des Börsenhanels voran. Robinhood hat gab letzte Woche bekannt, die Kryptowährungsbörse Bitstamp für 200 Millionen Dollar zu übernehmen. Das ist Big News in der Bitcoin-Szene. Denn Bitstamp ist eine der ältesten und angesehensten Kryptowährungsbörsen weltweit. Sie wurde 2011 gegründet und hat ihren Hauptsitz in Luxemburg. Bitstamp bietet eine benutzerfreundliche...

Ethereum’s trading volume has spiked recently, indicating strong market activity overall. At the same time, the outlook for Chainlink remains positive, boosted by its integration with Circle and expansion efforts in Brazil. Conversely, BlockDAG has climbed to the top of CoinSniper’s rankings after experiencing a 1000% surge in presales following the Keynote 2 event. Overnight, BlockDAG raised an impressive $3 million, bringing the total to $46.4 million from selling 11.1 billion coins and...

Core Scientific, a top player in North America’s digital infrastructure industry, has announced a strategic partnership involving a series of long-term contracts extending over 12 years with CoreWeave, an AI Hyperscaler. Under the agreement, Core Scientific will supply approximately 200 MW of infrastructure to support CoreWeave’s high-performance computing (HPC) operations. Core Scientific Ventures into AI The partnership is a significant milestone for Core Scientific as it...

As the crypto community awaited BTC to push past its all-time high (ATH) of $73,738, with it inching closer to $72,000, the asset’s price quickly dropped to around $68,500 during the weekend. It now fluctuates over $69,000. The price drop has wiped off most of the gains BTC witnessed the past week, cooling off the momentum it was gaining to set a new ATH. BTC’s reductions come after a massive selloff that saw over $450 million in liquidations as the US government issued its employment report...

On June 5, Coinbase CEO Brian Armstrong reported that one million people have joined ‘Stand With Crypto’ as advocates for the industry, adding, “That’s a lot of voters!” He continued to state that 600,000 of these advocates joined after a Whitehouse veto threat, “and thousands mobilized around the back-to-back historic, bipartisan wins in the House and Senate.” “Crypto is non-partisan and momentum for pro-crypto policy in America has never been stronger.” As of today, 1...

Bitcoin miners are reporting dropping revenues across the board due to the halving event that occurred in April. Now that it has been over a month since Bitcoin halving, miners are expectedly receiving lesser rewards from the Bitcoin network, compared to what they earned over the previous four years. Halving on the Bitcoin network happens once every four years or after every 210,000 blocks, cutting the block rewards miners receive for mining blocks by half. Four halvings have occurred so far...

The massively popular yet frequently controversy-stirring social media influencer Andrew Tate burnt $11 million of the Top G token – a project he started some months ago. That amounted to 587 million Top G tokens being sent to the Solana Incinerator, removing those tokens from circulation forever. Tate’s actions nullified 58% of the memecoin from circulation. Only 37% of Top G tokens remain for users to interact with. The immediate cut in the token’s supply caused its price to rise by 130%,...

The US Department of Justice (DoJ) indicted Bill Guan, the chief financial officer of Epoch Times, on Tuesday. The DOJ alleges that Guan was involved in an international scheme to launder around $67 million of illicit funds using cryptocurrency. The Scam From 2020 to May 2024, Bill Guan engaged in a large-scale international money laundering scheme, collaborating with others to launder approximately $67 million of illegal funds into the bank accounts of his media company and...

After days and days of registering gains and testing the $72,000 price tag, bitcoin reversed its trajectory on Friday and slumped by more than three grand in hours. The question arises as to why this happened since the inflows into the US-based ETFs keep coming. The Bitcoin ETF Impact It’s safe to say that the biggest and most vital news in the cryptocurrency industry this year has been the ETFs the US Securities and Exchange Commission greenlighted in January. Not the...