Independent presidential candidate Robert F. Kennedy Jr.—who suspended his campaign to back Republican Donald Trump, but remains on the ballot in some states—is defending the Bitcoin mining industry from its chorus of media critics concerned about the industry’s impact on the environment. In a letter to The Economist, Kennedy took issue with the publication’s characterization of the environmental impact of…
Month: September 2024
Binance Sees 40% Surge in Institutional Investment in 2024
Binance, one of the largest cryptocurrency exchanges in the world, has experienced a significant 40% surge in institutional and corporate investment during 2024, according to CEO Richard Teng. This boost marks a pivotal year for the platform, which has maintained its growth trajectory despite challenges in 2023, including a leadership change and financial penalties. Binance’s ability to attract large-scale investors…
Why Bitgert Could Be the Best Crypto Buy of 2024
Bitgert (BRISE) is emerging as a promising cryptocurrency, poised to become the best buy of 2024. With its unique features, innovative ecosystem, and increasing market adoption, Bitgert has gained the attention of investors and crypto enthusiasts alike. Despite the competition in the highly volatile crypto market, Bitgert’s distinct advantages have positioned it as a strong contender for those looking to…
860 Terahash — Hut 8 and Bitmain Partner to Launch New Direct Liquid-to-Chip ASIC Miner
Hut 8 Corp. has announced an expanded partnership with Bitmain Technologies, unveiling the U3S21EXPH, a next-generation ASIC miner. The launch represents a significant milestone, with plans for deployment in Q2 2025 and a potential transition to self-mining through a purchase option. Hut 8 and Bitmain Partner on Innovative Miner to Boost Bitcoin Mining Infrastructure The […] Source: https://news.bitcoin.com/860-terahash-hut-8-and-bitmain-partner-to-launch-new-direct-liquid-to-chip-asic-miner/
FOMO HOUR 201 – CRYPTO FLYS AFTER FED
FOMO HOUR 201 – CRYPTO FLYS AFTER FED Crypto rips higher after Fed cuts 50bps. $22bn shorts would be liquidated by $70.5k. SUI continues to lead L1s, does 2.5x in a month. Trump buys burgers with Bitcoin. Bitcoin is hedge against US debt: BlackRock. Commerzbank to offer BTC & ETH trading. Solana unveils Seeker phone, $70m pre-orders Helius Labs raise…
Shift to new server provider restores X in Brazil for some users
Brazil recently lifted the freeze on bank accounts for Elon Musk’s Starlink and the X platform after the companies paid a $3 million fine. Source: https://cointelegraph.com/news/technical-accident-briefly-restores-x-brazil-some-users?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Stablecoin Issuers Now 18th Largest Holder of U.S. Treasuries, Says Bernstein
Stablecoin issuers as a category have grown to become the 18th largest holder of U.S. Treasuries, a milestone that places them alongside major sovereign holders. According to a new report by Bernstein, the total circulation of stablecoins has reached an all-time high of $170 billion, following a dip in 2023. The report describes the dollar-pegged coins as “systemically important” and…
Crypto-Friendly Digital Bank Revolut Set to Launch Its Own Stablecoin
Crypto-friendly digital bank Revolut is set to launch its own stablecoin, marking a significant expansion of its crypto offerings. This move positions Revolut alongside major players like Paypal, Ripple, and Bitgo in the highly competitive stablecoin market. The London-based fintech company, which holds a UK banking license, aims to ensure compliance and safety with this […] Source: https://news.bitcoin.com/crypto-friendly-digital-bank-revolut-set-to-launch-its-own-stablecoin/
NAGA Breaks New Ground: Unveils First-Ever Trading App Integrated into Telegram Messenger
HAMBURG, Germany, Sept. 19, 2024 /PRNewswire/ — In a bold move that could redefine how retail investors engage with financial markets, NAGA has launched the world’s first fully integrated trading app within Telegram, tapping into the messaging platform’s 950 million-strong user base. This pioneering step positions NAGA as the first to offer seamless access to financial markets directly within Telegram’s…
GFI, KUJI, and POPCAT available for trading!
We’re thrilled to announce that GFI and POPCAT are now available for trading on Kraken. Additionally, we’ve expanded coverage so clients in Belgium, Canada, Ireland, Italy, The Netherlands, Spain, and the United States can now trade KUJI! Funding and trading Trading for GFI, KUJI, and POPCAT will be live as of 15:00 PM UTC today, September 19, 2024. To add…