A new report issued by financial powerhouse JPMorgan says the next bitcoin halving – which is presently scheduled to occur in 2024 – could make the playing field very difficult for crypto miners. JPMorgan on the Next Bitcoin Halving The bitcoin halving tends to occur every four years. Each time it happens, two things take place. One, the leadup causes the bitcoin price to shoot higher like nobody’s business. Traders are super happy as they are now witnessing great...
Read More »Orbs Partners with Axelar to Introduce Its Tokens on Arbitrium Ecosystem
[unable to retrieve full-text content]CoinspeakerOrbs Partners with Axelar to Introduce Its Tokens on Arbitrium Ecosystem At the heart of this transformation lies Axelar’s innovative Satellite Bridge, a technology that simplifies the transfer of assets between different blockchain networks. Orbs Partners with Axelar to Introduce Its Tokens on Arbitrium Ecosystem
Read More »Robinhood Emerges as Third-Largest Bitcoin Holder with $3B in BTC
[unable to retrieve full-text content]CoinspeakerRobinhood Emerges as Third-Largest Bitcoin Holder with $3B in BTC The emergence of Robinhood as a key BTC holder signifies a potential shift in the digital asset ownership landscape. Robinhood Emerges as Third-Largest Bitcoin Holder with $3B in BTC
Read More »Friend.tech Suffers Decline after Meteoric Growth
[unable to retrieve full-text content]CoinspeakerFriend.tech Suffers Decline after Meteoric Growth Transactions on Friend.tech fell by over 90% from its peak on August 21. Friend.tech Suffers Decline after Meteoric Growth
Read More »OKX and Bybit Remove 2 Russian Banks from Payments List, Here’s Why
[unable to retrieve full-text content]CoinspeakerOKX and Bybit Remove 2 Russian Banks from Payments List, Here’s Why The spotlight recently came on sanctioned Russian banks after they were spotted as payment options on some top crypto exchanges. OKX and Bybit Remove 2 Russian Banks from Payments List, Here’s Why
Read More »Balancer Loses $900,000 to Security Vulnerability Despite Prior Warning
[unable to retrieve full-text content]CoinspeakerBalancer Loses $900,000 to Security Vulnerability Despite Prior Warning The attacker managed to transfer Dai stablecoins twice. The initial transfer was $636,812, followed by a subsequent transfer of $257,527, aggregating to a total stolen amount of around $900,000. Balancer Loses $900,000 to Security Vulnerability Despite Prior Warning
Read More »BYD Electronics Expands with $2.2B Acquisition of Jabil’s Mobility Business
[unable to retrieve full-text content]CoinspeakerBYD Electronics Expands with $2.2B Acquisition of Jabil’s Mobility Business The company said the acquisition is expected to enhance its market share and foster synergy with its existing products, ultimately boosting its overall competitiveness. BYD Electronics Expands with $2.2B Acquisition of Jabil’s Mobility Business
Read More »Oman Makes Big Investments in Bitcoin Mining Operations, But Is It Sharia Compliant?
[unable to retrieve full-text content]CoinspeakerOman Makes Big Investments in Bitcoin Mining Operations, But Is It Sharia Compliant? Oman disclosed a partnership of $300 million with Abu Dhabi's Phoenix Group to establish a 150-megawatt crypto mining facility in collaboration with Green Data City. Oman Makes Big Investments in Bitcoin Mining Operations, But Is It Sharia Compliant?
Read More »Stellar Lumen (XLM) Price Could Resume Downtrend Below $0.112
Stellar lumen price is struggling below the $0.125 resistance zone against the US Dollar. XLM price is now trading below $0.120 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.123 on the 4-hour chart (data feed via Kraken). The pair could start a fresh increase if it clears the $0.125 resistance. Stellar lumen price is trading below $0.125 against the US Dollar, similar to Bitcoin. XLM price could...
Read More »Ripple Price Analysis: Bears Aim Fresh Drop To $0.485
Ripple price is facing resistance near the $0.535 level against the US dollar. The price is now trading below $0.525 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $0.540 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start another decline if it stays below $0.540 and $0.564. Ripple price is struggling below $0.540 against the US Dollar, like Bitcoin. XRP price must...
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