Mining Blog & Mining News

Blog • 17 July 2023, Monday, 15:35

Cathie Wood's ARK Invest Sells Another $50.5 Million Worth of Coinbase Shares

Cathie Wood's ARK Invest Sells Another $50.5 Million Worth of Coinbase Shares The tech-oriented investment manager, ARK Invest, is considered to be one of the largest holders of Coinbase (COIN) shares. The company owns over 10.5 million shares, and for a long time, the firm was happy to keep piling up shares and continue purchasing more. However, as of last week, the firm started selling Coinbase shares, so far dumping them on two occasions.ARK Invest profits from the recent Coinbase rallyA...

Blog • 17 July 2023, Monday, 15:15

Today in Crypto: Gnosis Released Pay and Card Products, cLabs Proposes Migrating Celo to Layer 2 Built on Ethereum, Unstoppable Domains Adds ENS-based .eth Domains

Today in Crypto: Gnosis Released Pay and Card Products, cLabs Proposes Migrating Celo to Layer 2 Built on Ethereum, Unstoppable Domains Adds ENS-based .eth Domains Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._Payments newsGnosis, a sidechain to Ethereum, announced today that it is releasing Gnosis Pay and Gnosis Card, described as "the World’s First Decentralized Payment Network and Self-Cu...

Blog • 17 July 2023, Monday, 15:05

Major Setback: Smart Contract Exploit Results in Over 200 Ethscriptions Being Nabbed

Major Setback: Smart Contract Exploit Results in Over 200 Ethscriptions Being Nabbed According to its creator, a new protocol allowing the creation and sharing of digital objects on Ethereum has experienced a significant setback due to a major hack in its main marketplace.Ethscriptions, a novel method to create Ethereum assets launched last month by Tom Lehman, co-founder and former CEO of Genius.com, utilizes transaction "calldata" to write non-financial data to the blockchain network. "About 1...

Blog • 17 July 2023, Monday, 14:55

10 Best Ripple Casino 2023 - Compare XRP Casino Sites

10 Best Ripple Casino 2023 - Compare XRP Casino Sites The number of gambling sites accepting Ripple continues to grow. Some of the stand-out benefits of gambling with XRP include anonymity, near-instant payouts, and attractive welcome packages. This guide compares the 10 best Ripple casinos, so read on to make an informed decision when picking a crypto gambling site in 2023.The Top 10 Ripple Casinos for 2023 Let's get straight into it - here's a list of the 10 best Ripple casinos for 202...

Blog • 17 July 2023, Monday, 14:25

Can This New Cryptocurrency Pump like the Bitcoin Price? BTC20 Crypto Presale is Live, Offers Stake to Earn

Can This New Cryptocurrency Pump like the Bitcoin Price? BTC20 Crypto Presale is Live, Offers Stake to Earn Bitcoin (BTC) has posted an impressive summer season so far this year, following a stunning +25% pump in mid-June - which has has left price action high in consolidation above $30,000.With the leading cryptocurrency now trading strong at $30,178 (a 24 hour change of -0.18%), many side-lined investors have begun to wonder whether it is too late to invest.Bitcoin (BTC) Price AnalysisIndeed, ...

Blog • 17 July 2023, Monday, 13:25

FSB Releases Proposals For a Tougher Global Crypto Framework

FSB Releases Proposals For a Tougher Global Crypto Framework The Financial Stability Board (FSB) has called for improved global digital asset regulation with the safety of user assets at the center of policies.The international financial body which acts as a standard-setter rolled out plans to proffer recommendations to help curb the crypto-related turmoils that hit the market last year.According to the body, the need for a strict regulatory framework is borne out of the principle of “same activ...

Blog • 17 July 2023, Monday, 13:15

Report: Crypto Investment Declines for Fifth Consecutive Quarter, Fails to Find Bottom

Report: Crypto Investment Declines for Fifth Consecutive Quarter, Fails to Find Bottom Venture capital firms are continuing to invest less money in the crypto sector, after five consecutive quarters of declines, according to a new report from crypto financial services firm Galaxy Digital.During the second quarter of this year, VC firms invested $2.3 billion in crypto and blockchain firms, a sharp decline from the same quarter a year earlier when $8 billion was invested, the report said.According...

Blog • 17 July 2023, Monday, 12:45

Celsius Liquidates $25 Million In Altcoins After Court’s Approval To Move Funds

Celsius Liquidates $25 Million In Altcoins After Court’s Approval To Move Funds Bankrupt crypto lender Celsius has liquidated nearly $25 million in different altcoins after a US court approved the firm to convert altcoins to BTC and ETH earlier this month. Celsius Network liquidated several altcoins worth nearly $25 million, including Chainlink (LINK), BNB coin, Synthetix Network (SNX), 1Inch, and 0x Protocol (ZRX), Shiba Inu’s BONE among others.The sell off comes after a US court approved the n...

Blog • 17 July 2023, Monday, 11:25

SAFU Blasts Up 30,000% in 24 Hours But Crypto Experts Are Accumulating This Lesser Known Meme Coin Instead – $15 Million Raised Already

SAFU Blasts Up 30,000% in 24 Hours But Crypto Experts Are Accumulating This Lesser Known Meme Coin Instead – $15 Million Raised Already In the latest overnight sensation, SAFU - the new meme coin on the block - skyrocketed an eye-watering 30,000% in just 6 hours, as high-stakes DEX traders raced to ride the moon-shot.The SAFU meme coin is a reference to the famous statement "funds are SAFU" by Changpeng Zhao (the industrious founder of Binance).A sudden influx of $180k in volume in the early hou...

Blog • 17 July 2023, Monday, 11:15

Terra Luna Classic Price Prediction as LUNC Jumps Up 5% – Time to Buy?

Terra Luna Classic Price Prediction as LUNC Jumps Up 5% – Time to Buy? The price of Terra Luna Classic (LUNC) has jumped by as much as 5% in the past 24 hours, with the altcoin currently sitting on a 13% gain in the last seven days.At $0.00009271, LUNC is also up by 6% in a fortnight, although it remains down by 36% since the beginning of the year, with the market becoming increasingly frustrated with the Terra Luna Classic community's lack of progress in re-pegging sister stablecoin USTC.Th...

Blog • 17 July 2023, Monday, 10:55

Investigation Reveals Bitcoin's Creator Satoshi Nakamoto Could Be a Group, Not an Individual

Investigation Reveals Bitcoin's Creator Satoshi Nakamoto Could Be a Group, Not an Individual The identity of Satoshi Nakamoto, the enigmatic creator of Bitcoin (BTC), has been a subject of intense curiosity and speculation since the advent of the leading cryptocurrency.While many envision a single genius behind its inception, there is growing evidence to suggest that Nakamoto may actually be a collective entity. In its latest installment of the "Many Facts" Satoshi series, which presents va...

Blog • 17 July 2023, Monday, 10:45

Binance Successfully Integrates Bitcoin Lightning Network for Faster and Cheaper Transactions

Binance Successfully Integrates Bitcoin Lightning Network for Faster and Cheaper Transactions Crypto exchange giant Binance has completed the integration of the Bitcoin Lightning Network, enabling its users to deposit and withdraw the world's number one crypto through this popular Layer 2 (L2).Bitcoin Lightning Network is a second-layer solution that addresses scalability issues. It uses payment channels in order to settle transactions without having to wait for block confirmations.Not only ...

Blog • 17 July 2023, Monday, 10:35

10 Potential New Upcoming Kraken Listings in 2023

10 Potential New Upcoming Kraken Listings in 2023 Kraken is a trusted crypto exchange that is very selective in which coins it lists. When new listings are announced by Kraken, this offers the respective coin huge exposure. In this guide, we explore new Kraken listings to look out for in 2023. We also discuss the benefits of being added to Kraken's exchange and how to find new listings on a DIY basis. 10 Potential New Kraken Listings to Invest in NowThe projects listed below are potential ne...

Blog • 17 July 2023, Monday, 10:25

Stellar Price Prediction as XLM Blasts Up 30% in 7 Days – Can XLM Reach $1?

Stellar Price Prediction as XLM Blasts Up 30% in 7 Days – Can XLM Reach $1? The Stellar price has dipped by 0.5% in the past 24 hours, yet its current level of $0.128569 represents an impressive 30% gain in the last 30 days.As a cryptocurrency that also targets cross-border payments, XLM has benefitted from Ripple's success in its case with the SEC, with the altcoin joining XRP in the past few days to decisively outperform the wider market.And given that XLM's fundamentals remain largely...

Blog • 17 July 2023, Monday, 09:55

Brazilian Central Bank Digital Currency Raises Alarm as Developer Uncovers Fund Freezing Feature

Brazilian Central Bank Digital Currency Raises Alarm as Developer Uncovers Fund Freezing Feature A blockchain developer has found a code in Brazilian central bank-backed digital currency (CBDC) that would allow the government to freeze accounts or even drain them at will. Founder of Web3 consulting company Iora Labs and blockchain developer Pedro Magalhaes took to social media to reveal his findings in the Brazilian CBDC pilot. Magalhaes claims to have reverse-engineered the code behind the CBDC...

Blog • 17 July 2023, Monday, 09:35

XRP Price Prediction as Ripple CEO Sees Long Appeal Process for SEC in Lawsuit – Will the Decision be Overturned?

XRP Price Prediction as Ripple CEO Sees Long Appeal Process for SEC in Lawsuit – Will the Decision be Overturned? The XRP price has gained by 4% in the past 24 hours, with the coin's move to $0.748896 representing a 60% gain in the last seven days.This market-trouncing surge follows Ripple's success in its long-running legal battle with the SEC, with the presiding judge issuing a ruling last week which sided with the cryptocurreny firm on a significant number of counts.However, it's ...

Blog • 17 July 2023, Monday, 09:25

Is It Too Late to Buy XRP? XRP Price Nearly Doubles in 7 Days and Launchpad XYZ Just Raised $1.1 Million – What Does it Do?

Is It Too Late to Buy XRP? XRP Price Nearly Doubles in 7 Days and Launchpad XYZ Just Raised $1.1 Million – What Does it Do? After years of hard-fought legal struggle against the Securities and Exchange Commission (SEC), Ripple emerged victorious on July 13, following District Judge Torres' ruling that XRP token sales were not investment contracts (securities).The highly anticipated judgement catalysed explosive price action across markets, as XRP holders were vindicated after months, and in ...

Blog • 17 July 2023, Monday, 07:15

Bitcoin Price Prediction: Ripple's Legal Win and Global Interest Shape the Market

Bitcoin Price Prediction: Ripple's Legal Win and Global Interest Shape the Market Bitcoin price is currently trading at around $30,300, showing less than 0.50% surge during the Asian session on Monday. The recent favorable decision in the SEC vs. Ripple case has impacted the price, bringing it back to the level seen last Thursday.However, a former SEC official expresses skepticism about the ruling on XRP, stating that "the decision rests on shaky ground" and anticipates a potential reversal...

Blog • 17 July 2023, Monday, 06:15

China’s Changzhou to Give Away Digital Yuan Tokens, Coupons Worth $700k

China’s Changzhou to Give Away Digital Yuan Tokens, Coupons Worth $700k The city of Changzhou, China, is set to give away $700,000 worth of digital yuan tokens and coupons before the year is out, as the nation’s central bank digital currency (CBDC) pilot continues.Per Changzhou Evening News (via JSChina), the city is hoping to boost CBDC spending during an upcoming citywide shopping festival by distributing e-CNY in “lucky red [digital] envelopes.”Red is a symbol of good fortune in China.In the ...

Blog • 17 July 2023, Monday, 00:05

Optimism, Arbitrum Slips on Falling DeFi TVL, InQubeta Presale Fast Approaching $1.5 Million

Optimism, Arbitrum Slips on Falling DeFi TVL, InQubeta Presale Fast Approaching $1.5 Million The DeFi space continues to evolve rapidly, with various scaling solutions and protocols vying for dominance. In this article, we explore the recent performance of Optimism and Arbitrum, two prominent Layer 2 scaling solutions, and their impact on the total value locked (TVL) in DeFi. Additionally, we highlight the impressive growth of InQubeta's presale, which is attracting significant investor inte...

Blog • 16 July 2023, Sunday, 23:55

DigiToads Soaring and Set for 450% Return. CEL Crashes as Celsius Investors Flee

DigiToads Soaring and Set for 450% Return. CEL Crashes as Celsius Investors Flee In the wake of the TerraUSD collapse in 2022, the cryptocurrency market experienced significant turbulence, resulting in the downfall of various prominent cryptocurrency-based companies including the Celsius Network. Celsius was forced to file for bankruptcy, leaving its customers facing substantial losses.To address the situation surrounding Celsius's bankruptcy, an impartial investigator was assigned to examin...

Blog • 16 July 2023, Sunday, 21:15

2023’s Biggest Meme Coin Presale Wall Street Memes Keeps Surging, $15 Million Now Raised – Can $WSM 100x?

2023’s Biggest Meme Coin Presale Wall Street Memes Keeps Surging, $15 Million Now Raised – Can $WSM 100x? Sunday, 16th July - Wall Street Memes’ presale of its $WSM token just hit the monumental $15 million milestone, as investors pile in ahead of what will likely end up being 2023’s hottest meme coin launch.Wall Street Memes was born out of the movement in 2021 where the little investors teamed up to rebel against Wall Street and quickly become one of the internet’s most powerful retail investi...

Blog • 16 July 2023, Sunday, 16:05

Ripple’s Victory in Court Drives up Crypto Trading Volumes

Ripple’s Victory in Court Drives up Crypto Trading Volumes Ripple's win against the US Securities and Exchange Commission has boosted crypto trading volumes across spot exchanges.Spot trading volumes on crypto exchanges surged to $16.56 billion on Friday from Wednesday's $12.74 billion, a growth of around 30% in just two days, according to The Block's data dashboard.Data from CoinMarketCap also shows a jump in trading volume over the past week, particularly on Friday, when almost all...

Blog • 16 July 2023, Sunday, 13:35

Terra Luna Classic Price Prediction as LUNC Becomes Top Performing Coin of the Day – Time to Buy?

Terra Luna Classic Price Prediction as LUNC Becomes Top Performing Coin of the Day – Time to Buy? Terra Luna Classic (LUNC) has emerged as the top-performing coin of the day, exhibiting a bullish trend with a nearly 4% increase in the last 24 hours and an impressive 8% surge over the past seven days. The renewed sentiment surrounding Terra Luna Classic was further fueled by the recent disclosure of LUNC holdings by the Binance CEO, adding to the growing optimism in the community. With its curren...

Blog • 16 July 2023, Sunday, 10:35

ARK Invest Bets Big on Meta Platforms and Robinhood, Reduces Coinbase Position

ARK Invest Bets Big on Meta Platforms and Robinhood, Reduces Coinbase Position Investment management firm ARK Invest has started accumulating Meta and Robinhood shares while selling more Coinbase shares. On Friday, the company offloaded 478,356 Coinbase shares valued at $53 million as the crypto exchange’s stock prices reached a 52-week high.More specifically, ARK Invest's e flagship fund ARK Innovation ETF sold 263,247 Coinbase shares, ARK Next Generation Internet ETF sold 93,227 Coinbase s...

Blog • 16 July 2023, Sunday, 07:15

Bitcoin Price Prediction as BTC Falls Back Down to $30,000 Support – Where is the Next BTC Target?

Bitcoin Price Prediction as BTC Falls Back Down to $30,000 Support – Where is the Next BTC Target? Bitcoin's price has encountered a setback as it falls back down to the key support level of $30,000. At the time of writing, Bitcoin is trading at around $30,330. Recent news surrounding the cryptocurrency market includes a Coinbase user's claim of account closure by Bank of America due to Bitcoin transactions, drawing attention to potential challenges faced by banks in accommodating digita...

Blog • 15 July 2023, Saturday, 16:15

Jay-Z's Roc Nation and Puma Collaborate on NFT-Enhanced Sneakers

Jay-Z's Roc Nation and Puma Collaborate on NFT-Enhanced Sneakers Jay-Z's Roc Nation and Puma have joined forces to create a new sneaker collection that incorporates non-fungible tokens (NFTs).The entertainment agency and the apparel giant have partnered with Legitimate, a startup that bridges the gap between physical and digital realms using its proprietary "LGT Tag" technology, to launch the RS-XL Mixtape sneaker collection, according to a Friday press release. The collection consists ...

Blog • 15 July 2023, Saturday, 15:35

Last Chance to Get Involved in 2023’s Best Meme Coin Presale – Thug Life Token Raises $1.8 Million, About to Sell Out

Last Chance to Get Involved in 2023’s Best Meme Coin Presale – Thug Life Token Raises $1.8 Million, About to Sell Out Saturday, 15th July - Meme coin degens hunting for the next small-cap crypto gem to explode are quickly running out of time to get involved in the Thug Life Token presale, which analysts have hailed as one of 2023’s best meme coin presale opportunities.Despite only launching the presale just over two weeks ago, Thug Life Token has now raised a staggering $1.8 million via the sale...

Blog • 15 July 2023, Saturday, 15:25

Cathie Wood's Ark Invest Sells $53 Million Coinbase Shares Amid Record Highs

Cathie Wood's Ark Invest Sells $53 Million Coinbase Shares Amid Record Highs Cathie Wood’s Ark Invest sold 478,356 Coinbase shares valued at $53 million on Friday as the crypto exchange’s stock prices reached a 52-week high. This is the second time Cathie Wood-led investment management firm offloaded Coinbase shares within a week.As reported earlier, Ark Invest sold 135,152 Coinbase shares worth $12 million on July 11 from the Ark Innovation ETF. On July 14, Ark Invest sold 478,356 shares o...

Blog • 15 July 2023, Saturday, 13:45

WALTER2.0 Coin Rockets Up 30,000% But Crypto Experts Are Accumulating These Other Coins Instead - Here's Why

WALTER2.0 Coin Rockets Up 30,000% But Crypto Experts Are Accumulating These Other Coins Instead - Here's Why Newly launched cryptocurrency project, WALTER2.0, has quickly generated substantial profits for its early backers. In just 24 hours, the digital asset has experienced an astonishing surge of 30,000%, creating numerous millionaires.However, this remarkable ascent has been marred by concerns raised by the DEXTools launchpad, which has labeled WALTER2.0 as a potential honeypot scam. Add...

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