Mining Blog & Mining News

Blog • 18 October 2023, Wednesday, 17:00

Sen. Warren and 100 Other Lawmakers Question Biden on Terrorist Financing with Crypto

Sen. Warren and 100 Other Lawmakers Question Biden on Terrorist Financing with Crypto Senator Elizabeth Warren (D-Mass.) has called on the Biden administration to address crypto's use as a terrorist financing tool. Her concerns were documented in a bipartisan letter signed by over 100 lawmakers, including Sen. Roger Marshall (R-Kan) and Rep. Sean Casten (D-Ill). According to her official website, the Massachusetts Democrat stated that the Hamas terrorist organization had secretly raised fund...

Blog • 18 October 2023, Wednesday, 15:00

Mike Novogratz Signals Bitcoin ETF Approval Could Be on SEC's 2023 Agenda

Mike Novogratz Signals Bitcoin ETF Approval Could Be on SEC's 2023 Agenda Today, Galaxy Digital's CEO Mike Novogratz shared insights on SquawkBox that signal a potential change in the SEC's stance on Bitcoin ETF approval. According to Novogratz, the SEC is showing signs of potentially approving a spot Bitcoin ETF by the year-end. Novogratz's comments came in the wake of the SEC's recent decision not to appeal a court ruling involving Grayscale, a move that could be indicativ...

Blog • 18 October 2023, Wednesday, 13:00

Europe's Expanding Crypto Landscape: DeFi and Web3 on the Rise

Europe's Expanding Crypto Landscape: DeFi and Web3 on the Rise The digital asset ecosystem in Europe expands as institutions broaden their services to decentralized finance (DeFi) amid market turmoil.A new market report released by on-chain analytics from Chainalysis shows industry growth in Central, Northern, and Western Europe (CNWE) as well as the United Kingdom’s (UK) dominance in its jurisdiction and the effects of the Markets in Crypto Asset (MiCA) regulation.According to the study, t...

Blog • 18 October 2023, Wednesday, 11:00

From Slot Games to Sports Betting, Scorpion Casino Offers Users Range of Thrilling Options

From Slot Games to Sports Betting, Scorpion Casino Offers Users Range of Thrilling Options Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.The Scorpion Casino (SCORP) has sparked considerable enthusiasm in the market, capturing the attention of avid gamers and even those less inclined towards gaming because its wide variety of offerings. We explain why the SCORP token is garnering such widespread interest among those both inside and outside the ...

Blog • 18 October 2023, Wednesday, 09:00

Global Regulator: Crypto Exposure Reporting Should Be Mandatory for Banks

Global Regulator: Crypto Exposure Reporting Should Be Mandatory for Banks The Basel Committee on Banking Supervision has underscored the importance of disclosing banks' cryptoasset exposures, emphasizing the need for standardized reporting and greater transparency in the crypto space.In a consultative document, the committee proposed mandatory reporting requirements for banks related to their crypto activities.The proposals extend to both qualitative and quantitative aspects of crypto exposu...

Blog • 18 October 2023, Wednesday, 07:00

Shiba Inu Price Prediction as SHIB Becomes Top 20 Crypto in the World – $1 SHIB Incoming?

Shiba Inu Price Prediction as SHIB Becomes Top 20 Crypto in the World – $1 SHIB Incoming? The price of Shiba Inu (SHIB) has fallen by 2% in the past 24 hours, with its dip to $0.00000690 coming as the cryptocurrency market barely moves in either direction.Despite its fall, SHIB is actually up by 1% in a week, although it remains down by 5.5% in the last 30 days and by 15% since the beginning of the year.This drop since January stands in contrast to many other major tokens, yet SHIB remains the 1...

Blog • 18 October 2023, Wednesday, 05:00

XETA Genesis Review

XETA Genesis Review XETA Genesis aims to merge the worlds of decentralized finance (DeFi) and traditional finance (TradFi) to offer high-rewarding yet stable investment options. The platform operates in stablecoins like USDC to combat market volatility. The platform's edge stems from its high-frequency trading algorithms. These algorithms exist across TradFi markets, including forex, gold futures, and precious metals ETFs. On the DeFi side, investors can engage by utilizing USDC to either pu...

Blog • 18 October 2023, Wednesday, 03:00

Crypto Market Could Grow by $1 Trillion on Spot Bitcoin ETF Approvals: CryptoQuant Report

Crypto Market Could Grow by $1 Trillion on Spot Bitcoin ETF Approvals: CryptoQuant Report A recent report from data analytics firm CryptoQuant suggests that the approval of spot Bitcoin exchange-traded funds (ETFs) could push Bitcoin's market capitalization to grow by $900 billion, with the total crypto market expanding by an additional $1 trillion.CryptoQuant suggests that the next significant wave of institutional participation could come from financial institutions offering Bitcoin access...

Blog • 18 October 2023, Wednesday, 01:00

Bitcoin Prices Retain Strength After Binance.US Halts Dollar Withdrawals

Bitcoin Prices Retain Strength After Binance.US Halts Dollar Withdrawals BTC/USD Chart (Coinbase)/ Source: TradingViewBitcoin prices have retained their strength today, managing to achieve relative stability in spite of the latest news that Binance.US has stopped its customers from directly withdrawing the U.S. dollar. Yesterday, the exchange updated its terms of use. The updated terms specified that "In the event that customers wish to withdraw U.S. dollar funds from their account, they may do ...

Blog • 17 October 2023, Tuesday, 23:00

Tokenized Real-World Asset Market to Hit $10 Trillion By 2030, 21.co Projects – Can RWAs Power Ethereum (ETH) to Multi-Trillion Market Cap?

Tokenized Real-World Asset Market to Hit $10 Trillion By 2030, 21.co Projects – Can RWAs Power Ethereum (ETH) to Multi-Trillion Market Cap? The market capitalization of tokenized real-world assets (RWAs) could balloon to as much as $10 trillion by the end of the decade in a bullish scenario, argued digital asset management company 21.co in a recently released report.Even in a bearish scenario, the market cap of tokenized RWAs will still reach $3.5 trillion before 2030, 21.co projected.The market...

Blog • 17 October 2023, Tuesday, 21:00

Recent Bitcoin (BTC) Rally “An Example of Pent-Up Interest in Crypto” Says BlackRock CEO Larry Funk

Recent Bitcoin (BTC) Rally “An Example of Pent-Up Interest in Crypto” Says BlackRock CEO Larry Funk The recent rally in the Bitcoin (BTC) market, which saw prices hit two-month highs near $30,000 on Monday following false reports that the US Securities and Exchange Commission had approved BlackRock’s spot Bitcoin ETF application, is “an example of the pent-up interest in crypto” opined BlackRock’s CEO Larry Fink in a Fox Business interview on Monday.“We are hearing from clients around the world ...

Blog • 17 October 2023, Tuesday, 19:00

Feds’ Bowman Dampens Hope of a US-backed CBDC in the Future

Feds’ Bowman Dampens Hope of a US-backed CBDC in the Future Federal Reserve Governor Michelle Bowman believed that implementing U.S. central bank digital currency (CBDC) could pose significant risks and tradeoffs for the country’s economic system.The Fed’s Governor announced this at the Harvard Law School event in Washington on October 17. Bowman highlighted that there had been no compelling arguments that CBDC could solve financial frictions within the payment system than available alternatives...

Blog • 17 October 2023, Tuesday, 17:00

Bankrupt Crypto Lender Genesis Faces Deadline: New York Court Orders Compliance With Terra Subpoena Within 5 Days

Bankrupt Crypto Lender Genesis Faces Deadline: New York Court Orders Compliance With Terra Subpoena Within 5 Days After failing to respond to a prior order, embattled crypto lender Genesis has been subpoenaed by a New York court to produce documents related to the collapse of the algorithmic stablecoin TerraUSD (UST) last year.In a court order dated October 13, Judge Jed Rakoff noted how Genesis hadn’t responded in “any manner whatsoever” to subpoenas executed by Terraform Labs on September 12, ...

Blog • 17 October 2023, Tuesday, 15:00

Biggest Crypto Gainers Today on DEXTools – BOBA, SHIBA, GAMER

Biggest Crypto Gainers Today on DEXTools – BOBA, SHIBA, GAMER Bitcoin (BTC) is trading flat in the mid-$28,000s after hitting its highest level since early August on Monday near-$30,000 on fake rumors that the SEC had approved BlackRock’s spot Bitcoin ETF application.While those reports turned out to be fake, markets remain optimistic that spot Bitcoin ETF applications will be approved in the months ahead in wake of the SEC decision not to appeal against a legal loss it just sustained versus Gra...

Blog • 17 October 2023, Tuesday, 13:00

Bank of Canada Assesses DeFi’s Innovation and Challenges on Financial Markets

Bank of Canada Assesses DeFi’s Innovation and Challenges on Financial Markets The Bank of Canada published a staff analytical note that mirrors the development of decentralized finance (DeFi) alongside possible routes of wider market regulations. The staff note released on Oct 17 shows the development stages of the cryptocurrency market, its benefits, challenges facing traditional finance, risk, and possible impact on financial markets alongside regulations.Per the report, crypto assets were ini...

Blog • 17 October 2023, Tuesday, 09:00

Doge Uprising Presale Launches with Staking & NFTs

Doge Uprising Presale Launches with Staking & NFTs As turbulence sweeps the crypto market, investors seek a meme coin that can reign supreme as a beacon of defiance, guiding holders to financial freedom as the next bull market nears.Introducing Doge Uprising ($DUP), a distinctive symbol of resistance against the threat of a dystopian future ruled by “Lizard men,” in which the average person is under constant surveillance from their reptilian overlords.While many may consider Doge Uprising ju...

Blog • 17 October 2023, Tuesday, 07:00

Dogecoin Price Prediction as DOGE Becomes Top Meme Coin in the World – Can DOGE Reach $10 in 2024?

Dogecoin Price Prediction as DOGE Becomes Top Meme Coin in the World – Can DOGE Reach $10 in 2024? The Dogecoin price has held to $0.060052 today, marking a 0% move in 24 hours and 1.5% gain in the past week.DOGE remains down by 3.5% in a month, however, with the meme token also having declined by 13.5% since the beginning of January.Yet DOGE's positivity over the past week has reinforced its position as the market's biggest meme token, with the altcoin also remaining in the top 10 of cr...

Blog • 17 October 2023, Tuesday, 05:00

KSTADIUM: 4x Transaction Increase Driven by Profit Growth in Investment Projects

KSTADIUM: 4x Transaction Increase Driven by Profit Growth in Investment Projects Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.K STADIUM, a global DAO VC Platform, has recently recorded a transaction surge of more than 4 times. This is a continuous phenomenon as the transaction volume of existing and new users has increased dramatically, and the K STADIUM ecosystem is experiencing dynamic growth in the fourth quarter of 2023. The K STADIUM tea...

Blog • 17 October 2023, Tuesday, 03:00

Chinese Bank Rolls Out Digital Yuan Supply Chain Financing Solution

Chinese Bank Rolls Out Digital Yuan Supply Chain Financing Solution More Chinese banks want to use digital yuan-powered smart contracts in their operations, and hope to use the CBDC in the financing of supply chains.Per Xinhua (via the People’s Daily), the Agricultural Bank of China will work on a solution with Luzhou Laojiao.The latter is a traditional alcohol distillery based in Luzhou, Sichuan Province, China.The firms exhibited their CBDC-based solution at the 2023 China Digital Finance Foru...

Blog • 17 October 2023, Tuesday, 01:00

Bitcoin Breaks Through $28,000 As Traders Digest Fake ETF Approval

Bitcoin Breaks Through $28,000 As Traders Digest Fake ETF Approval BTC/USD Chart / Source: CoinDeskBitcoin prices rallied recently, breaking through the $28,000 as the cryptocurrency experienced some notable gains. The world's most prominent digital currency climbed to an intraday high of nearly $28,600 around 6 p.m. EST yesterday, according to CoinDesk data. Following this upward movement, bitcoin pulled back, trading below $28,300 at the time of this report, additional CoinDesk figures rev...

Blog • 16 October 2023, Monday, 23:00

South Korean ‘Crypto Killers’ May Face Death Penalty

South Korean ‘Crypto Killers’ May Face Death Penalty South Korean prosecutors have requested the death penalty for four suspects in a crypto murder-kidnap case that saw a woman abducted and murdered for her crypto holdings.The incident took place in the affluent Gangnam District in Seoul in March this year.The woman is believed to have worked at a crypto-related firm and held large amounts of tokens, such as Bitcoin (BTC).Suspects at the trial in Seoul Central District Court claimed the woman’s ...

Blog • 16 October 2023, Monday, 21:00

Crypto Investors Are Quietly Stacking This Mysterious Coin – What's Brewing?

Crypto Investors Are Quietly Stacking This Mysterious Coin – What's Brewing? Launchpad XYZ is set to introduce a platform designed to uncomplicate the intricate field of Web 3.0 investments. The dashboard it provides will feature comprehensive analytics and insightful data on crypto and NFTs, curated to suit both novice and experienced investors.The proprietary LPX token unlocks exclusive features and rewards when staked. As Launchpad XYZ prepares for the LPX full launch, its suite of inves...

Blog • 16 October 2023, Monday, 17:00

Solana Price Prediction as SOL Pumps Up 10% on Spot Bitcoin ETF and FTX Estate Staking Optimism

Solana Price Prediction as SOL Pumps Up 10% on Spot Bitcoin ETF and FTX Estate Staking Optimism Solana (SOL) is the best-performing cryptocurrency in the top 20 by market capitalization in the past 24 hours, as per CoinGecko, with the SOL price having pumped a massive near 10% on the day.SOL was last changing hands to the north of the $24 level, having begun the day under $22, aided by a decent pump in Bitcoin (BTC) on spot ETF optimism, as well as aided by reports that the estate belonging to b...

Blog • 16 October 2023, Monday, 13:00

Crypto Prices Pump As Grayscale ETF Won’t Be Appealed By SEC, Is This Bitcoin Alternative The Best Crypto To Buy Now?

Crypto Prices Pump As Grayscale ETF Won’t Be Appealed By SEC, Is This Bitcoin Alternative The Best Crypto To Buy Now? Monday, October 16th, 2023 - After the US Securities and Exchange Commission (SEC) declined to request an appeals court reconsideration of the Grayscale Bitcoin ETF, the Bitcoin price has exploded - triggering a scramble for Bitcoin alternatives such as Bitcoin Minetrix ($BTCMTX).Allured by the prospect of this new tokenized Bitcoin cloud mining platform, which enables retail inv...

Blog • 16 October 2023, Monday, 09:00

SEC Compliance News Sends BOND Token Soaring – Here's What Happened

SEC Compliance News Sends BOND Token Soaring – Here's What Happened Tokenization protocol BarnBridge’s BOND token surged in price over the weekend after the project announced its intention to comply with unspecified demands from the U.S. Securities and Exchange Commission (SEC).According to BarnBridge’s legal counsel, the project has been under investigation since at least July this year, although very few details about the investigation are known.BarnBridge’s social media channels have rem...

Blog • 16 October 2023, Monday, 05:00

Grassroots Crypto Adoption in Latin America Surges as Users Flock to Central Exchanges

Grassroots Crypto Adoption in Latin America Surges as Users Flock to Central Exchanges According to a new study, cryptocurrency adoption grows in Latin America as users leverage digital assets to offset currency devaluations and inflation.A new Chainalysis report shows a growing adoption rate in Latin America following a surge of new use cases on a country-country basis and an increased demand for centralized exchanges. The region has become the seventh largest in terms of its crypto economy acc...

Blog • 16 October 2023, Monday, 03:00

SEC Decision Not to Appeal Boosts Odds for Grayscale Bitcoin Trust (GBTC) ETF Conversion

SEC Decision Not to Appeal Boosts Odds for Grayscale Bitcoin Trust (GBTC) ETF Conversion Recent reports indicate that the U.S. Securities and Exchange Commission (SEC) has chosen not to appeal the Grayscale decision, as Bloomberg's ETF analyst, James Seyffart, weighed in on the matter, suggesting that spot Bitcoin ETF approvals are now highly likely, deeming it a "done deal" in his October 13 post.In a significant development, the SEC has chosen not to contest a court's forceful reversal...

Blog • 16 October 2023, Monday, 01:00

Crypto Exchange Upbit Receives In-Principle License Approval from Singapore

Crypto Exchange Upbit Receives In-Principle License Approval from Singapore South Korea's leading cryptocurrency exchange Upbit by volume has secured in-principle approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). The initial approval will enable Upbit Singapore to continue to provide digital payment token services to institutional investors while awaiting full license authorization.Upbit Will Join Group of 15 Crypto FirmsUpon full approval...

Blog • 15 October 2023, Sunday, 23:00

Tax Report Unveils Hundreds of South Korean Crypto Whales

Tax Report Unveils Hundreds of South Korean Crypto Whales Data from a new South Korean tax report has revealed details of hundreds of crypto whales with millions of USD worth of coins on overseas crypto exchanges.New tax rules that came into force this year require crypto holders to declare their holdings on foreign crypto platforms.Per the South Korean media outlet Economist, the data was requested by MP Yang Kyung-sook, a member of the National Assembly’s Planning and Finance Committee, and su...

Blog • 15 October 2023, Sunday, 15:00

Apple Unexpectedly Pulls MetaMask Wallet from App Store – What’s Going On?

Apple Unexpectedly Pulls MetaMask Wallet from App Store – What’s Going On? Popular Ethereum wallet MetaMask was briefly removed from Apple's App Store on Saturday before being restored. "FYI: We're aware that MetaMask isn't currently available for download on the App Store," the team said in a post on X (formerly Twitter). "This is and not related to anything malicious and our team is working hard to resolve it ASAP."The MetaMask wallet is an essential tool for accessing various dece...

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