Markets

CoinspeakerJPMorgan Identifies US Bitcoin Mining Stocks with Outperformance Trend Collectively, the 14 US mining companies have a network hash rate of approximately 23.8% of the total market share.  JPMorgan Identifies US Bitcoin Mining Stocks with Outperformance Trend

[PRESS RELEASE – Dover, USA, June 17th, 2024] ScroogeToken has reached a notable milestone, surpassing $500,000 in funding. This achievement reflects market confidence in ScroogeToken’s approach to decentralized finance. The platform offers seamless access to the Web3.0 ecosystem and promotes a vibrant community. Key Features: User-Friendly Interface: ScroogeToken simplifies the Web3.0 experience for both new and experienced users. Community Engagement: Emphasizing strong...

BABY BEERCOIN (BBEER) is having a strong start to the week. This trending meme coin has pumped over 40% in the past day as retail investors pile in. But BBEER isn’t the only meme coin that’s performing well. New dog-themed token PlayDoge (PLAY) has just passed $4.5 million in presale – and is attracting attention from all corners of the market. BABY BEERCOIN Price Explodes Over 40% BABY BEERCOIN’s price action is a hot topic right now. This off-shoot of the popular BEERCOIN...

CoinspeakerSouth Korean Prosecutors Find New Evidence against Do Kwon While Hyun-Sung has denied helping Kwon deceive investors, Kwon is still awaiting trial for the collapse of the blockchain, which instigated the 2022 crypto market winter. South Korean Prosecutors Find New Evidence against Do Kwon

Bitcoin has declined over the past several days as bears remained vigilant near $70,000. As a result, the premier cryptocurrency has shed more than 4% over the past week and was trading near $66,000 at the time of writing. Interestingly, wallets with 10 or more BTCs have collectively reached their highest holding level in two years. Data suggests that the absence of FTX’s influence may have potentially allowed the market to reflect demand more accurately. Whale Wallets Mirror...

The US Department of Justice (DoJ) has charged two men for operating the darknet marketplace Empire Market between 2018 and 2020. The indictment names Thomas Pavey, 38, and Raheim Hamilton, 28, as two men behind the marketplace. Empire Market connected vendors and customers, facilitating the exchange of illegal products and services worth $430 million. Payments on the marketplace occurred through cryptocurrencies. A press release issued by the DoJ read, “THOMAS PAVEY, also known as...

BlockDAG has recently grabbed the spotlight with its groundbreaking second keynote, unveiling substantial technological advancements and introducing the innovative X1 App. This has set the stage for its forthcoming presale, characterized by ambitious revenue targets and the introduction of the eco-friendly X10 miner, signaling BlockDAG’s intent to redefine the competitive market landscape. This comprehensive analysis of Fetch.ai, Celestia, and BlockDAG demonstrates the vibrant and dynamic...

In a report released earlier this week, Coinbase expressed concerns over the declining crypto talent in the US amidst the ongoing increase in general corporate interest. The largest US exchange highlighted the need for regulatory clarity around the crypto realm to keep the talent within the country. Declining Developer Talent in the US Coinbase notes a significant decline in US-based crypto developers, down by 14 points over the past five years to just 26% today. Top Fortune...

Events in the saga between Nigeria and Binance continue to unfold. This time, the country dropped tax charges against the exchange’s executives. According to a tweet by Nigerian journalist Alexander Onukwue, the Federal Inland Revenue Service (FIRS) of Nigeria has withdrawn the tax evasion charges against Tigran Gambaryan, Binance’s head of financial crime compliance, and Nadeem Anjarwalla, the exchange’s director for Africa operations. Binance Execs Free From Tax Charges In...

VanEck BTC ETFs will be offered beginning June 20 on the Australian Securities Exchange (ASX), Australia’s largest stock exchange. VanEck also offers its BTC ETFs in the US markets with the US SEC’s blessings. Now, it has received permission from ASIC only a few months later to list on ASX. Demands for BTC ETFs were rising in Australia as action in the US began months ago. VanEck faced increased inquiries from brokers and advisers about the possibility of an Australian BTC ETF. Arian Neiron,...