Cryptocoins News / Finance Magnates - 5 months ago
The Public Utility Commission of Texas (PUCT) has adopted new regulations requiring cryptocurrency mining facilities, including the largest Wall Street Bitcoin miners, consuming over 75 megawatts of power to register with state authorities. This mark...
Cryptocoins News / Finance Magnates - 5 months ago
Howard Lutnick, Chairman and CEO of Cantor Fitzgerald and President-elect Donald Trump’s pick for Commerce Secretary, is reportedly in discussions with Tether to launch a $2 billion project to lend US dollars to clients using Bitcoin as collateral, a...
Cryptocoins News / Finance Magnates - 5 months ago
The Securities and Exchange Commission (SEC) collected a record $8.2 billion in recoveries and fines in fiscal year 2024, driven by its action against algorithmic stablecoin issuer Terraform Labs and its CEO, Do Kwon. The total remedies amount jumped...
Cryptocoins News / Finance Magnates - 5 months ago
As Bitcoin approaches $100,000, Cboe Global Markets plans to launch cash-settled index options tied to the price of spot Bitcoin. Starting December 2, the exchange will introduce the Cboe Bitcoin US ETF Index (CBTX) to offer a new way to access Bitco...
Cryptocoins News / Finance Magnates - 5 months ago
Consob Commissioner Federico Cornelli issued a warning about the speculative nature of cryptocurrencies at the opening of a conference held today in Rome. Speaking at the Consob headquarters during the event titled “Italian Investors: Choices Between...
Cryptocoins News / Finance Magnates - 5 months ago
XRP, the cryptocurrency that has faced regulatory challenges for some time, is now leading the charge in an ongoing crypto market rally thanks to recent positive developments, including the anticipated exit of SEC Chairman Gary Gensler. XRP now ranks...
Cryptocoins News / Finance Magnates - 5 months ago
A Shanghai court has clarified that personal ownership of cryptocurrency is legal in China. The statement comes during a record-setting rise in Bitcoin prices. Bitcoin enthusiasts are now speculating whether the price will cross $100,000 in the comin...
Cryptocoins News / Finance Magnates - 5 months ago
The US Securities and Exchange Commission has confirmed the looming departure of its Chair Gary Gensler, set for January 20, 2025, interestingly coinciding with President-elect Donald Trump's inauguration.On his campaign trail, Trump promised the cry...
Cryptocoins News / Finance Magnates - 5 months ago
The US Securities and Exchange Commission has confirmed the looming departure of its Chair Gary Gensler, set for January 20, 2025, interestingly coinciding with President-elect Donald Trump's inauguration.On his campaign trail, Trump promised the cry...
Cryptocoins News / Finance Magnates - 5 months ago
Kraken’s Canadian operations have reported surpassing $2 billion CAD in client assets and cash under custody. According to the company, it reflects growth in the platform’s local user base amid efforts to expand knowledge of cryptocurrency in Canada....
Cryptocoins News / Finance Magnates - 5 months ago
A cryptocurrency based on a viral TikTok meme recently experienced a meteoric rise. This Solana-based meme coin, Chill Guy, reportedly went from a modest $10 million market cap to $500 million in just a few days. At the time of writing, the token tr...
Cryptocoins News / Finance Magnates - 5 months ago
The publicly listed Bitcoin miner from Wall Street, HIVE Digital Technologies (NASDAQ: HIVE) announced today (Thursday) a significant expansion of its BTC mining capabilities, ordering 5,000 new Avalon A15-194T ASIC miners from Canaan. It marks the s...
Cryptocoins News / Finance Magnates - 5 months ago
Bitwise, a digital asset management firm known for its spot Bitcoin and Ether exchange-traded funds (ETFs) in the US, is now targeting a spot Solana ETF. It has registered a statutory trust for this purpose in Delaware, as first reported by Cointeleg...
Cryptocoins News / Finance Magnates - 5 months ago
Webull, a digital investment platform, partnered with Coinbase Derivatives to offer crypto futures to US retail investors. The move aims to offer traders access to Bitcoin and Ethereum futures. Access to Crypto Futures Webull’s collaboration with Coi...
Cryptocoins News / Finance Magnates - 5 months ago
Gary Wang, the former cryptocurrency executive who created the software that enabled FTX founder Sam Bankman-Fried to misappropriate around $8 billion from customers, was sentenced to no prison time by US District Judge Lewis Kaplan. Meanwhile, the F...
Cryptocoins News / Finance Magnates - 5 months ago
Dogecoin (DOGE), a meme cryptocurrency, is once again at the center of attention. Recent surges in Dogecoin price have sparked discussions among investors, analysts, and the Dogecoin community. Driven by new all-time high predictions, technical analy...
Cryptocoins News / Finance Magnates - 5 months ago
Canaan Inc. (NASDAQ: CAN), a provider of computing solutions, has made progress in several areas, including securing investments, expanding its product offerings, and growing its mining operations.Canaan Secures $30 MillionThe company recently entere...
Cryptocoins News / Finance Magnates - 5 months ago
The publicly listed Bitcoin (BTC) miner from Wall Street and London’s City, Argo Blockchain (NASDAQ: ARBK, LSE: ARB) reported a net loss of $6.3 million in the third quarter as the cryptocurrency mining company grappled with challenging market condit...
Cryptocoins News / Finance Magnates - 5 months ago
Options based on BlackRock's iShares Bitcoin Trust ETF (IBIT) started trading today (Tuesday), opening a new phase in cryptocurrency investment. In just 60 minutes, the fund posted 73,000 contracts traded on the Nasdaq, ranking the top 20 most activ...
Cryptocoins News / Finance Magnates - 5 months ago
Italy’s lawmakers are opposing government plans to increase capital gains taxes and widen the scope of its crypto assets. The proposals, central to Prime Minister Giorgia Meloni’s 2024 budget, are being criticized for potentially stifling innovation...
Cryptocoins News / Finance Magnates - 5 months ago
CyVers and Station70, two companies specializing in Web3 security, have formed a strategic partnership and launched a transaction security solution tailored for institutions of all sizes. The solution addresses the growing attacks on wallet and trans...
Cryptocoins News / Finance Magnates - 5 months ago
Marathon Digital Holdings Inc. (NASDAQ: MARA) has been a focal point in the cryptocurrency market, with recent announcements about a $700 million and $850 million convertible note offering and its impact on the company’s operations. As a leader in Bi...
Cryptocoins News / Finance Magnates - 5 months ago
US authorities have charged the former CEO of Bitcoin (BTC) mining company from Wall Street, BIT Mining Ltd (NYSE: BTCM), with orchestrating a multimillion-dollar bribery scheme targeting Japanese officials. The company agreed to pay $14 million in c...
Cryptocoins News / Finance Magnates - 5 months ago
Gemini, a platform for crypto and Web3 services, has officially launched in France after registering as a Virtual Asset Service Provider (VASP) earlier this year. According to the firm, this move aligns with the its strategy to expand its presence in...
Cryptocoins News / Finance Magnates - 5 months ago
Bitcoin recently surged to a new all-time high of $93k, leaving investors anticipating the next rally, possibly past $100k. However, as BTC continues to soar, a new trend involving Bitcoin-based meme coins is emerging. These niche tokens have attract...
