Mining Blog & Mining News

Blog • 15 October 2023, Sunday, 11:00

Dogecoin Price Prediction: DOGE Rallies Up 4% as End of Year Bull Market Approaches – $1 Incoming?

Dogecoin Price Prediction: DOGE Rallies Up 4% as End of Year Bull Market Approaches – $1 Incoming? As the year-end bull market looms, Dogecoin (DOGE) showcases a remarkable rally, surging by 4% and reigniting speculations of a potential leap to the $1 mark. The crypto landscape has been rife with buzz, particularly around Elon Musk's recent philosophical tweet, which has sent ripples through the crypto community, possibly influencing Dogecoin's momentum. Furthermore, the coin's techn...

Blog • 15 October 2023, Sunday, 09:00

Ferrari Greenlights Crypto Payments for Supercars – Adoption on the Rise?

Ferrari Greenlights Crypto Payments for Supercars – Adoption on the Rise? Luxury sports car manufacturer Ferrari has announced the acceptance of cryptocurrency payments for its vehicles in the United States, with plans to extend the offering to Europe in response to customer requests. The decision comes after electric carmaker Tesla briefly accepted Bitcoin as payment in 2021, only to halt the practice due to environmental concerns.However, in an interview with Reuters, Ferrari's Chief Marke...

Blog • 15 October 2023, Sunday, 07:00

Bitcoin Price Prediction as BTC Bulls Secure $26,000 Level – Is The Next Leg Up Starting?

Bitcoin Price Prediction as BTC Bulls Secure $26,000 Level – Is The Next Leg Up Starting? As the BTC/USD pair exhibits a modest +0.25% gain, trading today at $26,916, the crypto community buzzes with speculation and optimism. Driving this uptrend is the SEC's recent approval of Grayscale's Bitcoin ETF, a significant nod that has undoubtedly propelled BTC prices upwards. Furthermore, the digital currency's surge is being bolstered amidst an environment of low inflation and heightened ...

Blog • 15 October 2023, Sunday, 01:00

Ripple-SEC Saga: CEO Anticipates Charge Dismissal for Execs; VeChain (VET) & InQubeta (QUBE) Win Investor Hearts

Ripple-SEC Saga: CEO Anticipates Charge Dismissal for Execs; VeChain (VET) & InQubeta (QUBE) Win Investor Hearts The crypto landscape remains a theater of rapid evolutions, regulatory drama, and cutting-edge innovations. Recently, the spotlight has once again focused on the ongoing legal tussle between Ripple and the U.S. Securities and Exchange Commission (SEC). While the implications of this dispute resonate throughout the crypto space, there are some new ICOs, notably InQubeta ($QUBE), th...

Blog • 14 October 2023, Saturday, 13:00

Hamas' Cryptocurrency Ties May Add Momentum to Senator Warren's Anti-Crypto Bill

Hamas' Cryptocurrency Ties May Add Momentum to Senator Warren's Anti-Crypto Bill The revelation that the recent attack in southern Israel, which allegedly resulted in the deaths of 1,200 Israelis, was partially funded with cryptocurrency has added fuel to the efforts led by Senator Elizabeth Warren and others to advocate for crypto legislation.Warren's proposed bill, which has faced opposition from the Chamber of Digital Commerce due to concerns about stifling innovation and market...

Blog • 14 October 2023, Saturday, 07:00

BitPay Enables Cryptocurrency Payments for Taylor Swift's Movie Premiere

BitPay Enables Cryptocurrency Payments for Taylor Swift's Movie Premiere Taylor Swift fans who are also crypto enthusiasts can now purchase tickets for the highly anticipated film "Taylor Swift: The Eras Tour" using various cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and Shiba Inu (SHIB). The movie, which hits theaters worldwide today, has already amassed an impressive $100 million in presales, setting the stage for a blockbuster premiere.BitPay, a leading cr...

Blog • 14 October 2023, Saturday, 05:00

XRP Price Prediction as XRP Enters Top 5 Global Crypto Rankings – Can It Reach $10 in 2023?

XRP Price Prediction as XRP Enters Top 5 Global Crypto Rankings – Can It Reach $10 in 2023? Ripple's XRP sits at a price of $0.483626, marking a minor increase of 0.45% within the past 24 hours but down approximately 7.5% in a week. The trading volume over the day spanned $635.59 million. At present, XRP's rank on CoinMarketCap is #5, boasting a market cap of $25.85 billion. The circulating supply for XRP stands at 53.44 billion coins, with a theoretical maximum supply cap of 100 billion...

Blog • 14 October 2023, Saturday, 03:00

Bitcoin Price Prediction as BTC Bounces from Recent Bottom – Is a Trend Reversal Near?

Bitcoin Price Prediction as BTC Bounces from Recent Bottom – Is a Trend Reversal Near? Bitcoin, the flagship cryptocurrency, seems to be showing signs of resilience. After its recent price plummet, BTC has managed to bounce off from its bottom, trading today at $26,919 – a slight uptick of 0.53% in the last 24 hours. This brings the overall live market cap of Bitcoin to a robust $525.29 billion. Current data from CoinMarketCap places Bitcoin unchallenged at its #1 position. With a circulating su...

Blog • 14 October 2023, Saturday, 01:00

Grayscale’s ETF Aspirations Get a Boost as SEC Abandons Appeal – Bitcoin Price to the Moon?

Grayscale’s ETF Aspirations Get a Boost as SEC Abandons Appeal – Bitcoin Price to the Moon? The Bitcoin (BTC) price briefly vaulted back above $27,000 on Friday in wake of reports that the US Securities and Exchange Commission (SEC) won’t appeal against a recent court ruling that reversed its decision to prevent crypto asset manager Grayscale from converting its Bitcoin trust into an Exchange Traded Fund (ETF).As per a Reuters report, the SEC had until midnight on Friday to appeal against the le...

Blog • 13 October 2023, Friday, 23:00

Massive Volume Spike Sees ByBit Immediately Launch Perpetual Futures Trading, $WSM Price Climbs 19%

Massive Volume Spike Sees ByBit Immediately Launch Perpetual Futures Trading, $WSM Price Climbs 19% Friday, October 12th, 2023 – ByBit exchange launched Wall Street Memes ($WSM) perpetual futures trading on Thursday and the price pumped at the time.The newest hot meme coin was up as much as 19% on the ByBit $WSM/USDT perps market as an influx of traders pushes the price higher to $0.0394 after recent profit taking. The coin is still at a highly attractive valuation, registering a market capitali...

Blog • 13 October 2023, Friday, 21:00

Madeira Launches Bitcoin Business Hub to Drive Regional Innovation

Madeira Launches Bitcoin Business Hub to Drive Regional Innovation The President of Madeira, Miguel Albuquerque, alongside Prince Filip of Serbia, officially announced the establishment of a Bitcoin business hub to promote innovation in the region. This announcement was made earlier today during a fireside chat on the second day of the Bitcoin Amsterdam 2023 event.President Albuquerque stated that the innovation has been created to propel the development of technology and Bitcoin, with a keen fo...

Blog • 13 October 2023, Friday, 19:00

Chinese Bitcoin Mines in the US Attract National Security Attention

Chinese Bitcoin Mines in the US Attract National Security Attention Bitcoin mining operations in the United States, owned by Chinese entities, are currently under investigation for potential issues that could threaten national security, according to the New York Times (NYT). The scrutiny began last year when a Chinese company began constructing a cryptocurrency mining facility in Cheyenne, Wyoming. National security experts at Microsoft raised these concerns and articulated them in a report from...

Blog • 13 October 2023, Friday, 17:00

Crypto Whales are Quietly Accumulating This Crypto Coin – What Do They Know?

Crypto Whales are Quietly Accumulating This Crypto Coin – What Do They Know? Recently, crypto whales have been discreetly participating in the crypto presale of Launchpad XYZ, a startup that focuses on AI trading in the cryptocurrency sphere. Slated for a comprehensive platform launch in 2023, the company has already amassed over $1.88 million in its ongoing presale. This whale activity has raised questions about what these large-scale investors may know or anticipate about the platform's fu...

Blog • 13 October 2023, Friday, 15:00

Ripple Executive and Community Slam Charles Hoskinson Over ETHgate Comments

Ripple Executive and Community Slam Charles Hoskinson Over ETHgate Comments David Schwartz, Ripple’s Chief Technology Officer has hit back at Charles Hoskinson over his defense of the Securities and Exchange Commission’s (SEC) comments on Ethereum (ETH) over other projects.Popularly called ETHgate in digital asset circles, the issue sparked off following the SEC’s case against Ripple (XRP) and a renewed regulatory onslaught on altcoins suggesting that many can be viewed as securities under the C...

Blog • 13 October 2023, Friday, 13:00

Landmark Ruling: Chinese Court Rejects Crypto Lending Again

Landmark Ruling: Chinese Court Rejects Crypto Lending Again Crypto lending activity still falls outside the purview of China’s legal system, ruled a Chinese court in the second ruling of the nation’s kind on Tuesday.Per a press release from the Nanchang People’s Court, lending out virtual currency and requesting a return “is not within the scope of civil litigation.”“Virtual currency is different from digital RMB,” said the judge for the related lawsuit, according to a Google-translated version ...

Blog • 13 October 2023, Friday, 11:00

Is It Too Late to Buy THORChain? RUNE Price Spikes Up 12% as Telegram Crypto Casino Project Approaches $1 Million – How to Buy Early?

Is It Too Late to Buy THORChain? RUNE Price Spikes Up 12% as Telegram Crypto Casino Project Approaches $1 Million – How to Buy Early? Following a dramatic trading pause on ThorSwap, native token Thorchain ($RUNE) has exploded +12%, this comes amid heightened efforts across the crypto industry to tighten security around illicit funds following the break-out of major violence between Hamas and Israel.Trading has resumed following updates to the terms of service by leading DEX platforms. These upda...

Blog • 13 October 2023, Friday, 09:00

As MEGA Token Jumps 200%, This Untapped Crypto Has Amassed $1.2 Million – 100x Potential?

As MEGA Token Jumps 200%, This Untapped Crypto Has Amassed $1.2 Million – 100x Potential? Make Ethereum Great Again (MEGA) token has exploded +200% in an overnight skyrocket that has shocked crypto markets.Recent weeks have seen a huge trend in explosive DEX-launched tokens, with countless pump-and-dump moon-shots, including DEE, APX, FTX, Blinky, DRS and SNOR.Market interest has surged on this fresh-faced meme coins' promise of 2% reward reflections paid out in additional MEGA tokens.Yet, d...

Blog • 13 October 2023, Friday, 07:00

Terra Luna Classic Price Prediction as LUNC Re-Enters Top 100 Crypto Rankings – What Happens Next?

Terra Luna Classic Price Prediction as LUNC Re-Enters Top 100 Crypto Rankings – What Happens Next? The Terra Luna Classic price has risen by 2% in the past 24 hours, with its ascent to $0.00005693 coming as the wider market falls by 0.2% today.LUNC's move has enabled it to reenter the top 100 cryptocurrencies by market cap, although the altcoin remains down by 2.5% in a week and by 10% in the past fortnight.And with LUNC also having fallen by 60% since the beginning of the year (and by 80% i...

Blog • 13 October 2023, Friday, 05:00

Despite Nay-Sayers, “Digital Assets Industry is Here to Stay”: The Bahamas Prime Minister

Despite Nay-Sayers, “Digital Assets Industry is Here to Stay”: The Bahamas Prime Minister Bahamian Prime Minister Philip Davis says that the island nation will continue to maintain its pioneering role in the digital asset space and stressed on the importance of innovation to adapt emerging trends in fintech and decentralized finance (DeFi) advancements.The pro-crypto leader emphasized that the digital asset industry “is here to stay,” despite criticizers who have raised concerns over the industr...

Blog • 13 October 2023, Friday, 03:00

China's FX Minister Suggests CBDC Programmability for Macroeconomic Management

China's FX Minister Suggests CBDC Programmability for Macroeconomic Management An official from China's foreign exchange regulatory body has suggested the potential use of "programmable features" within China's Central Bank-Backed Digital Currency (CBDC) to bolster the effectiveness of monetary policy tools. China, alongside several other nations, is diligently working on the development of CBDCs, digital tokens issued and regulated by central banks, although their widespread adopti...

Blog • 13 October 2023, Friday, 01:00

G20 Finance Leaders Release Joint Communique Adopting Crypto Regulation Roadmap

G20 Finance Leaders Release Joint Communique Adopting Crypto Regulation Roadmap G20 Finance Ministers and Central Bank Governors have issued a joint communique in Marrakech, Morocco announcing unanimous adoption of a comprehensive roadmap aimed at regulating crypto assets. The joint communique was released during the fourth and final G20 FMCB meeting under India’s presidency. The roadmap seeks to enhance global financial stability and ensure that cryptocurrencies are effectively managed within t...

Blog • 12 October 2023, Thursday, 21:15

Chinese IT Giant Tencent Launches Digital Yuan Smart Contract Services

Chinese IT Giant Tencent Launches Digital Yuan Smart Contract Services The Chinese tech titan Tencent, the WeChat operator, will launch a digital yuan smart contract offering for small and medium-sized enterprises (SMEs).The move comes weeks after the firm announced it would join a central bank-led e-CNY and global CBDC interoperability pilot.Per the Securities Times, Tencent said it will release a “digital yuan smart contract enterprise credit solution” tailored for “small and micro-enterprise ...

Blog • 12 October 2023, Thursday, 19:00

Mastercard Announces Successful Wrapped CBDC Trial in Partnership with Reserve Bank of Australia

Mastercard Announces Successful Wrapped CBDC Trial in Partnership with Reserve Bank of Australia Mastercard has announced a successful demonstration of an innovative solution that enables the wrapping of Central Bank Digital Currencies (CBDCs) on various blockchain networks.This solution emerged from a collaboration between Mastercard, Cuscal, and Mintable as part of a research project conducted with the Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC)....

Blog • 12 October 2023, Thursday, 17:35

DeFi User Mistakenly Swaps $131,350 in USDR for $0 in USDC

DeFi User Mistakenly Swaps $131,350 in USDR for $0 in USDC In an unexpected turn of events, a decentralized finance (DeFi) user accidentally lost a fortune after he swapped $131,350 in wrapped USDR (wUSDR) for $0 in USDC.The transaction was initially captured on DeFi and DEX aggregator OpenOcean by X (formerly Twitter) user @rektfencer.The DeFi user swapped $131,350, equivalent to approximately $141,729.77 in Real USD's stablecoin, for a mere $0.0001 in Circle's USDC.To compound the issu...

Blog • 12 October 2023, Thursday, 15:45

Republik's $6 Million Funding Boosts Valuation to $75 Million in Web3 Quest – Crypto Funding Making a Comeback?

Republik's $6 Million Funding Boosts Valuation to $75 Million in Web3 Quest – Crypto Funding Making a Comeback? Web3 social media startup Republik has announced the successful closure of its $6 million seed funding round, bringing its valuation to $75 million.The investment round saw participation from several predominantly Asian venture investors, including OKX Ventures, 6th Man Ventures, Arcane Ventures, CMS Holdings, Comma3 Ventures, Define Ventures, Enjin, FBG Capital, HTX Ventures, Mir...

Blog • 12 October 2023, Thursday, 15:25

Bitcoin Price Prediction as US Core Inflation Data is Announced – Is a Bullish Reversal Imminent?

Bitcoin Price Prediction as US Core Inflation Data is Announced – Is a Bullish Reversal Imminent? In light of the recent US core inflation data, the crypto community is eagerly discussing the potential trajectory of Bitcoin (BTC/USD) for October 12.As recent US inflation data outstrips forecasts, the financial realm is abuzz with speculation and predictions.Particularly in the cryptocurrency sector, eyes are keenly fixed on Bitcoin, gauging its potential response. September's inflation was n...

Blog • 12 October 2023, Thursday, 15:15

Best Crypto to Buy Now October 12 – Frax Share, GALA, Cronos

Best Crypto to Buy Now October 12 – Frax Share, GALA, Cronos New data released Thursday showed U.S. inflation remained elevated in September, sending Bitcoin and other cryptocurrencies modestly lower.The Consumer Price Index, which tracks costs for household goods and services, rose 0.4% last month, according to the Bureau of Labor Statistics. While that marked a slowdown from the 0.6% increase in August, it exceeded economist estimates.With the latest CPI numbers in mind, what is the best crypt...

Blog • 12 October 2023, Thursday, 15:05

Here’s How the Latest Hot US CPI Numbers Impacted Crypto Markets

Here’s How the Latest Hot US CPI Numbers Impacted Crypto Markets Hotter-than-expected US Consumer Price Index (CPI) inflation numbers did little the shift sentiment in the crypto market on Thursday.Bitcoin (BTC) was last trading just under $26,700, just to the north of its 50-Day Moving Average (DMA), which appears to be offering support for now, but still trading with a negative bias, down around 0.7% on the day.The world’s largest cryptocurrency is still trading with a negative bias since brea...

Blog • 12 October 2023, Thursday, 14:50

Blockchain Analysts Just Added This New Coin to Their Portfolio – What Do They Know?

Blockchain Analysts Just Added This New Coin to Their Portfolio – What Do They Know? As Bitcoin prepares for its next halving event, expected post-April 2024, blockchain analysts are showing interest in yPredict, an AI trading platform currently in the latter stages of its crypto presale. The attention to yPredict comes on the heels of predictions by crypto analyst PlanB, who anticipates a bullish phase for Bitcoin extending into the first quarter of 2025.PlanB's "stock-to-flow" model foreca...

Blog • 12 October 2023, Thursday, 14:20

Web3 Credentials Platform Galxe to Refund $396,000 to Affected Users Post DNS Attack – Here's the Latest

Web3 Credentials Platform Galxe to Refund $396,000 to Affected Users Post DNS Attack – Here's the Latest Web3 credentials and rewards platform Galxe has announced intentions to refund over $396,000 to more than 980 users who were impacted by a significant DNS attack last week. In addition to the refund, Galxe has committed to adding an extra 10% to the lost funds as a goodwill gesture, according to a document shared by the project. Last week, Galxe experienced a security breach affecting it...

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