Last week was marked by bitcoin’s resilience and worries about mining centralization. Fartcoin’s rise to an all-time high added an unexpected layer of humor. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. From Mining Centralization Worries to […] Source: https://news.bitcoin.com/bouncing-lows-mining-woes-and-fartcoin-highs/
Category: News
BTC correction ‘almost done,’ Hailey Welch speaks out, and more: Hodler’s Digest, Dec. 15 – 21
Bitcoin correction approaching a conclusion, Hawk Tuah influencer releases statement, and more: Hodlers Digest Source: https://cointelegraph.com/magazine/bitcoin-price-correction-hawk-tuah-memecoin-bitfinex-hacker-hodlers-digest/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin’s Future in Focus: 4 Economic Variables for 2025
Right now, bitcoin’s price is cruising comfortably over the $97,000 mark, and we’ve got just ten days until we wave goodbye to the year. Here’s a rundown of four big economic happenings that might steer bitcoin’s course in the future. A Look at 4 Big Trends Ready to Tilt Bitcoin’s Trajectory Bitcoin enthusiasts are all […] Source: https://news.bitcoin.com/bitcoins-future-in-focus-4-economic-variables-for-2025/
Jump Crypto subsidiary Tai Mo Shan settles with SEC for $123 million
The ensuing fallout from the Terra ecosystem collapse eventually caused Terraform Labs to shut down following a settlement with the SEC. Source: https://cointelegraph.com/news/jump-crypto-subsidiary-settles-securities-exchange-commission?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
UAE Interior Ministry and FSRA Partner to Combat Virtual Assets-Related Crime
The United Arab Emirates’ Interior Ministry has signed a memorandum of understanding with the Financial Services Regulatory Authority to combat virtual assets-related crime. Strengthening Risk Mitigation Frameworks The United Arab Emirates (UAE)’s Interior Ministry has signed a memorandum of understanding with the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) to […] Source: https://news.bitcoin.com/uae-interior-ministry-and-fsra-partner-to-combat-virtual-assets-related-crime/
From Oilfields to Crypto Fields: Halliburton Invests in Bitcoin Mining Startup
Halliburton, the world’s second-biggest oilfield services firm, has taken a step into the bitcoin (BTC) mining space by investing in Austin-based startup 360 Energy. The move, made through Halliburton Labs, was highlighted in a report from Blockspace Media. Transforming Stranded Gas into Blockchain Power 360 Energy, also known as 360 Mining, has joined Halliburton Labs’ […] Source: https://news.bitcoin.com/from-oilfields-to-crypto-fields-halliburton-invests-in-bitcoin-mining-startup/
Market Madness: Bitcoin Dips, Most Meme Coins Tank, but Fartcoin Moonshots
Over the past week, bitcoin has dipped 4.18%, while ethereum has tumbled over 13% against the U.S. dollar. To make matters worse, a bunch of other digital currencies have taken an even bigger beating, with some plummeting by 20% or more. A Week of Double-Digit Losses for Most On Saturday, Dec. 21, 2024, the crypto […] Source: https://news.bitcoin.com/market-madness-bitcoin-dips-most-meme-coins-tank-but-fartcoin-moonshots/
Ethereum’s $15.3B Burn Bonfire: Over 4.5M ETH Destroyed Since EIP-1559 Activation
This weekend, data confirms that more than 4.5 million ether (ETH) have been burned on the Ethereum network since Aug. 5, 2021, marking the implementation of Ethereum Improvement Proposal (EIP)-1559. The Great Ethereum Burn Approximately three years and four months have passed since the London hard fork was activated, and during that time, 4,523,479.74 ETH […] Source: https://news.bitcoin.com/ethereums-15-3b-burn-bonfire-over-4-5m-eth-destroyed-since-eip-1559-activation/
AGM Group Holdings Inc. Announces Strategic Partnership with Canada’s Nowlit to Expand High-Performance Computing Capabilities
BEIJING, Dec. 20, 2024 /PRNewswire/ — AGM Group Holdings Inc. (“AGM Holdings” or the “Company”) (NASDAQ: AGMH), an integrated technology company specializing in the assembling and sales of high-performance hardware and computing equipment, announced today that the Company has signed an investment intention agreement (the “Agreement”) with its Canadian partner, NOWLIT Solutions Corp. (“Nowlit”), a prominent energy technology company focused on…
Relationship building is a hedge against debanking — OKX exec
Documents released on Dec. 6 show the Federal Deposit Insurance Corporation (FDIC) asked banks to pause crypto-related activities. Source: https://cointelegraph.com/news/relationship-building-hedge-against-debanking-okx-exec?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound