Crypto news

One of the leading cryptocurrency mining companies – Marathon Digital – produced 979 BTC in June, 21% less than the 1,245 BTC mined in May. As of the end of last month, the company owned 12,538 BTC, making it one of the biggest corporate holders of the primary digital asset. The June Figures The US-based BTC miner announced that the extremely hot weather in Texas last month and the emergence of Ordinals, which “significantly increased transaction fees,” have negatively...

Simon Hoadley – a 66-year-old retired financial advisor who lives in East Sussex, the UK – has reportedly become a victim of a “horrendous” cryptocurrency scam that drained nearly $100,000 from him. Fortunately, legal experts managed to recover nearly all the lost funds. Scammers Have No Mercy As reported by Mirror, Hoadley was looking to earn some extra money during the COVID-19 pandemic as his dad was dying from cancer, whereas his wife was living in a care home. At that...

The Commodity Futures Trading Commission (CFTC) has warned that while it’s doing all it can to end crypto fraud, it admitted that there’s nothing it can do about all the illicit activity out there, and thus there’s likely to be things here and there that vanish from its radar or go unnoticed. The CFTC Doesn’t Have that Much Power Christy Goldsmith Romero – one of five commissioners at the CFTC – announced in a recent interview that crypto cases account for roughly...

Mathew McDermott – a managing director of Goldman Sachs, one of the biggest financial companies in the world – says he thinks blockchain technology is well on its way to creating a sound new financial system that will never be rivaled or overshadowed. Mathew McDermott on the Future of Blockchain In a recent interview, McDermott explained his thoughts and feelings towards blockchain and how Goldman plans to integrate the technology into its systems in the coming...

The first Bitcoin ETF application was filed way back in 2013 by Cameron and Tyler Winklevoss. However, the US regulators have not approved any such application to date.  But now, they are seemingly under tremendous pressure, with some of the biggest players in traditional finance throwing their hats in the ring. Race for BTC ETF Hots Up  In the latest, the world’s largest fund manager – BlackRock – filed on June 15 for a spot Bitcoin investment trust fund through iShares, the...

The crypto mining debate has raged for years, but it appears the fight is taking stronger precedence in recent weeks. Is Crypto Mining a Damaging Enterprise? Maybe Not… There have been many reports published, over some time, claiming that crypto mining is putting the planet in harm’s way. They say there are several developing nations that do not use the same amount of energy as crypto mining facilities. In addition, there are several arguments that say the...

Bitcoin (BTC) has treated its faithful well in 2023, having appreciated over 80% year to date. However, there may be better ways for investors to capitalize on the asset’s success besides stacking actual sats. Here’s a look at how some Bitcoin-related assets and companies are performing next to BTC, from financial companies to mining stocks. Mining Stocks Are Booming Shares for multiple publicly traded Bitcoin miners surged on Friday, including CleanSpark (CLSK; 11.32%), Riot...

CoinspeakerFlare Network and Ankr Partner to Boost Developer Productivity with High-Performance RPC Infrastructure Flare Network will work with Ankr to provide high-performance RPC infrastructure for developers. Flare Network and Ankr Partner to Boost Developer Productivity with High-Performance RPC Infrastructure

Bitcoin went through a volatile end of the week in which it posted a new 13-month high before it slipped under $30,000 but has managed to defend that level. The altcoins are calmer on a daily scale, aside from SOL, AVAX, LEO, ARB, and a few others, which have added some value. BTC Defends $30K The past weekend was quite uneventful, even though BTC went through a rollercoaster that drove it from $31,000 to $29,500 and back up to $30,500 in a matter of hours on Friday. Saturday...

[PRESS RELEASE – Prague, Czech Republic, July 8th, 2023] Leading proprietary trading firm HyroTrader is actively seeking talented crypto traders to join its team and take advantage of the opportunity to get funded. With a proven track record and a commitment to ongoing success, HyroTrader offers a lucrative platform for traders to showcase their skills, earn profits, and advance their trading career. HyroTrader’s offer is open to crypto traders looking to take their skills to...