It’s what every Bitcoiner dreams of: buying a cheap hobby miner, processing a block with little effort (or energy), and taking home the jackpot. And that’s what initially appeared to happen this week, when journalist Pete Rizzo flagged on X (formerly Twitter) that a solo miner using just a cheap home machine (valued at about $400) managed to mine a…
Month: January 2025
Kraken Brings Back Staking for US Clients—Are Regulations Easing?
Kraken has relaunched onchain staking for U.S. clients, offering 17 crypto assets through Kraken Pro. The move expands access amid evolving crypto rules. Kraken Relaunches Staking for US Traders—Here’s What’s Different This Time Kraken has introduced an onchain staking service for U.S. clients in 37 states and two territories through Kraken Pro. The company said […] Source: https://news.bitcoin.com/kraken-brings-back-staking-for-us-clients-are-regulations-easing/
Telegram Game ‘Farm Frens’ Airdrop Delayed as Devs Call TON ‘The Closed Network’
Telegram game Farm Frens is delaying its FREN token airdrop on the Base layer-2 network until February, citing important roadmap adjustments as a result of “unreasonable deadlines” from Telegram and The Open Network. The game sounded off about “heavy-handed restrictions” that stem from the recent announcement that all Telegram mini apps with crypto integrations would need to utilize The Open…
Arthur Hayes Sees Bitcoin Falling to $70K—Here’s Why He’s Still Bullish
Bitcoin is poised for a sharp correction before surging to new highs in 2025, warns Arthur Hayes, citing tightening global liquidity and excessive market optimism. Arthur Hayes Predicts Bitcoin Crash Before 2025 Mega Rally Arthur Hayes, former CEO of crypto exchange Bitmex, has issued a stark warning about the near-term trajectory of bitcoin, predicting a […] Source: https://news.bitcoin.com/arthur-hayes-sees-bitcoin-falling-to-70k-heres-why-hes-still-bullish/
Tether’s stablecoin to be integrated on Bitcoin Lightning
Lightning Labs, the company behind Bitcoin layer 2 Lightning Network, is using the Taproot Assets protocol to integrate Tether’s USDT stablecoin. Source: https://cointelegraph.com/news/tether-usdt-stablecoin-integrates-bitcoin-lightning?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
ECB President Lagarde Dismisses Bitcoin as Reserve Asset for Member States
European Central Bank President Christine Lagarde has poured cold water on speculation that member countries will add Bitcoin to their reserves any time soon. At a Thursday press conference in Frankfurt, Lagarde said Bitcoin’s volatility and ties to illicit finance make it unfit as a reserve asset. “There is a view around the table of the governing council … that…
Grayscale Seeks XRP ETF Approval as Trump-Era Regulators Warm to Crypto
NYSE Arca has filed an application with the SEC seeking to convert Grayscale’s XRP Trust into an exchange-traded fund. If approved, Coinbase Custody Trust Company, LLC will serve as the custodian. At the same time, BNY Mellon Asset Servicing will act as the fund’s transfer agent, according to a 19b-4 filing submitted Thursday. Grayscale’s XRP Trust is one of several investment…
Fed Chair: Banks Are Perfectly Able to Serve Crypto Customers
The Federal Reserve sees a future for crypto in banking, with Chair Jerome Powell saying banks can serve crypto customers—if they manage risks responsibly. Fed Chair Jerome Powell Breaks Silence on Crypto: What the Fed Thinks About Bitcoin Now Federal Reserve Chair Jerome Powell held a postmeeting press conference on Jan. 29 following the central […] Source: https://news.bitcoin.com/fed-chair-banks-are-perfectly-able-to-serve-crypto-customers/
GTA Meme Coins Flood Solana as ‘Grand Theft Auto 6’ Hype Builds
Unofficial Game Theft Auto-themed meme coins continue to flood onto Solana, with a handful of new takes like GTA 6 Coin and GTA Guy reaching higher than a $1 million market cap in the last day. Much like other meme coins, which are inherently risky and volatile, both tokens have fallen more than 90% off their peak to market caps…
Jordan to Create Comprehensive Digital Asset Regulatory Framework
Jordan has approved an initiative to establish a comprehensive regulatory framework for digital assets within a year. Jordan Securities Commission to Create Rules for Global Trading Platforms The Jordanian government has approved an initiative to establish a comprehensive regulatory framework for digital assets within a year. This framework would align Jordan’s regulations with global standards […] Source: https://news.bitcoin.com/jordan-to-create-comprehensive-digital-asset-regulatory-framework/