CoinspeakerBinance.US Faces Suspension of Operations from Regulators in Alaska and Florida In the face of the US government's actions targeting the global Binance exchange, its domestic counterpart, Binance.US, continued its operations within the country. Binance.US Faces Suspension of Operations from Regulators in Alaska and Florida
Read More »OKX Axing Its Mining and Related Services
CoinspeakerOKX Axing Its Mining and Related Services OKX did not elaborate on the reason for this decision but simply said that it was due to business adjustments. OKX Axing Its Mining and Related Services
Read More »Cantor Fitzgerald: Bitcoin Miners to Struggle to Turn Profits Post-Halving
CoinspeakerCantor Fitzgerald: Bitcoin Miners to Struggle to Turn Profits Post-Halving The analysts at Cantor Fitzgerald expect two firms – Singapore-based Bitdeer and US-based CleanSpark – to remain profitable post-halving. Cantor Fitzgerald: Bitcoin Miners to Struggle to Turn Profits Post-Halving
Read More »Bitcoin Critic Peter Schiff Predicts $10 Million BTC Price If This Happens
CoinspeakerBitcoin Critic Peter Schiff Predicts $10 Million BTC Price If This Happens Schiff also criticized mainstream media coverage of Bitcoin ETFs, noting that many analysts expressing caution now did not offer such warnings before their launch. Bitcoin Critic Peter Schiff Predicts $10 Million BTC Price If This Happens
Read More »Canaan Secures $50M in Preferred Shares Sale to Bolster Expansion Efforts
CoinspeakerCanaan Secures $50M in Preferred Shares Sale to Bolster Expansion Efforts Canaan disclosed in the SEC's Form 6-K filing that the new funding round would enhance its research and development capabilities, support innovation in its crypto mining rigs, and expand its production scale. Canaan Secures $50M in Preferred Shares Sale to Bolster Expansion Efforts
Read More »Matrixport Predicts Bitcoin to Fall to $36,739 amidst ETF Profit-Taking
CoinspeakerMatrixport Predicts Bitcoin to Fall to $36,739 amidst ETF Profit-Taking Q1 has been predicted to be challenging for Bitcoin according to Matrixport, with the price expected to dip to around $36,000 and then recover. Matrixport Predicts Bitcoin to Fall to $36,739 amidst ETF Profit-Taking
Read More »US Government Plans to Sell $130M Worth of Bitcoins Seized from Silk Road
CoinspeakerUS Government Plans to Sell $130M Worth of Bitcoins Seized from Silk Road The US government confiscated Bitcoin holdings associated with the Silk Road marketplace in two instances, first in Memphis, Tennessee, on February 10, 2021, and then in Arlington, Virginia, on May 11, 2021. US Government Plans to Sell $130M Worth of Bitcoins Seized from Silk Road
Read More »MeWe and Amplica Labs Achieve Historic 500K User Migration to Web3
The 500,000 migrated MeWe users now have personal control over their identities, data, assets, and online experiences. MeWe, a social media platform, has partnered with Amplica Labs to move 500,000 active users to Web3 technologies. This transition uses Amplica’s Frequency blockchain, which gives users more control and independence over their social networking experiences through blockchain features. MeWe is an alternative to ad-driven networks that focus on people and communities. By...
Read More »Morgan Stanley: Bitcoin and CBDCs Threaten US Dollar’s Dominance as Global Currency
The report states that an increase in the adoption and use cases of Bitcoin and CBDCs could weaken the strength of the US dollar. Andrew Peel, the Head of Digital Assets at financial services giant Morgan Stanley (NYSE: MS), has warned that the use of cryptocurrencies like Bitcoin could negatively impact the US dollar. Peel said a potential paradigm shift in the way people view and interact with digital assets, including CBDCs (Central Bank Digital Currencies), could weaken the US dollar’s...
Read More »Pro-Crypto Republican Vivek Ramaswamy Ends Presidential Bid in US
Ramaswamy’s departure from the presidential race leaves a void in terms of a candidate explicitly championing pro-crypto policies. Pro-crypto Republican candidate Vivek Ramaswamy has officially withdrawn from the United States presidential race, marking the end of his nearly year-long campaign. Ramaswamy, who gained attention for his outspoken stance on cryptocurrency and blockchain technology, announced at a press conference in Des Moines, Iowa. Despite his efforts to bring a pro-crypto...
Read More »