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Tag Archives: News

JPMorgan: Next Year’s BTC Halving Could Be Rough on Miners

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...

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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

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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

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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

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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?

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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...

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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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