According to local reports, clandestine bitcoin mining is thriving again in Venezuela, albeit at a small scale after the government ordered to disconnect all Bitcoin mining operations from the power grid. Local ASIC stores are still selling miners for small operations, that survive by hiding their farms in undisclosed locations. Clandestine Bitcoin Mining Rises Again […] Source: https://news.bitcoin.com/clandestine-bitcoin-mining-survives-government-ban-in-venezuela-albeit-at-small-scale/
Month: July 2024
Bitcoin transfer costs fall to 2020 lows
Bitcoin transaction fees hit a four-year low on July 7, falling to $38.69. Miners remain profitable due to reduced network difficulty and lower computational power needs. Source: https://cointelegraph.com/news/bitcoin-transaction-fees-lowest-2020?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Nigerian minister urges SEC to tackle crypto regulation challenges
Nigeria’s cryptocurrency regulations are currently in the process of being updated. Source: https://cointelegraph.com/news/nigerian-sec-tackle-crypto-regulation-challenges?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Microsoft and Apple renounce OpenAI board membership
After investing $13 billion in OpenAI last year, Microsoft is distancing itself from the AI startup amid growing scrutiny from regulators. Source: https://cointelegraph.com/news/microsoft-apple-withdraw-openai-board?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Bounces Above $59,000 as Fears on Germany’s Sales Fade
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports The crypto market witnessed a revival late Tuesday evening, regaining some ground lost during the U.S.’s 4th of July celebrations. Bitcoin rose 5%, reaching as high…
Spot Bitcoin ETFs buy up $654M in BTC over 3 days
Investors have piled into Bitcoin ETFs over the last three trading days, but it wasn’t enough to offset Germany’s BTC selling spree. Source: https://cointelegraph.com/news/spot-bitcoin-etf-inflows-654-million-over-three-days?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bank of Italy to release crypto guidelines in ‘coming days’ — Governor
Italy’s central bank will soon share how the country should apply the EU’s MiCA crypto laws, with its governor slamming Bitcoin and Ethereum as “unbacked” cryptocurrencies. Source: https://cointelegraph.com/news/italy-crypto-guidelines-coming-within-days-central-bank-governor?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Singapore Exchange CEO Discusses Future of Crypto Listings
Singapore Exchange (SGX) CEO Loh Boon Chye has shared his insights on whether Singapore’s largest stock exchange will offer crypto-based listings. The executive emphasizes the need for a sustainable ecosystem, stating: “That really means demand, that really means governance, that really means structure.” Despite global trends and institutional pressure, Loh asserts that current conditions are […] Source: https://news.bitcoin.com/singapore-exchange-ceo-discusses-future-of-crypto-listings/
Ethereum ETFs ‘close to the finish line' — Bitwise CCO
Bitwise’s chief compliance officer Katherine Dowling says “fewer and fewer” issues in the S-1 filings are being pushed back and forth between the SEC and prospective ETF issuers. Source: https://cointelegraph.com/news/ethereum-etf-launch-close-to-finish-line-bitwise-cco?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Telegram CEO Pavel Durov Predicts Hamster Kombat Will Attract Millions to Blockchain
Pavel Durov, CEO of Telegram, one of the most popular messaging applications, has remarked on the relevance that Hamster Kombat, a tap-to-earn game where players role-play as a hamster who is the CEO of a crypto exchange, will have in bringing blockchain to millions. 239 million have signed to be part of the game, according […] Source: https://news.bitcoin.com/telegram-ceo-pavel-durov-predicts-hamster-kombat-will-attract-millions-to-blockchain/