Mining Blog & Mining News

Blog • 11 October 2023, Wednesday, 08:40

5 Best Telegram Sports Betting Bots & Sites 2023

5 Best Telegram Sports Betting Bots & Sites 2023 Telegram betting sites allow you to gamble anonymously. You'll be able to place bets on popular sports like soccer, tennis, cricket, American football, and more - all without leaving the Telegram app. In this guide, we review the best Telegram sports betting bots for 2023. We rank the top Telegram sportsbooks for betting markets, odds, bonuses, customer support, and much more. The Top Telegram Sports Betting Bots RankedHere's a list of...

Blog • 11 October 2023, Wednesday, 08:30

Is It Too Late to Buy Tezos? XTZ Price Rallies 9% as New Telegram Crypto Casino Raises $725,000

Is It Too Late to Buy Tezos? XTZ Price Rallies 9% as New Telegram Crypto Casino Raises $725,000 Tezos (XTZ) has seen impressive volatility over the past 48-hours, appearing in both the top gainers and top losers this week, but as price action saddles the 20DMA - is it too late to buy Tezos?A dramatic +15.8% move yesterday was swiftly followed by an equally dramatic -10.72% drop last night.Yet, amid the volatility - there appears to be little Tezos fundamental news driving the sudden movements.An...

Blog • 11 October 2023, Wednesday, 08:00

U.S. Economy's Strength Signals Potential for Bitcoin Growth

U.S. Economy's Strength Signals Potential for Bitcoin Growth The recent resilience of the US economy, as demonstrated by the unexpected addition of 336,000 jobs in September, might hold positive implications for the growth of Bitcoin (BTC), Yield App chief investment officer Lucas Kiely has argued.Writing in an opinion piece for Cointelegraph, Kiely highlighted the impressive resilience of the world’s largest economy in the face of challenging circumstances, and suggested that this strength...

Blog • 11 October 2023, Wednesday, 07:35

ImmutableX Price Prediction as Amazon Web Services Adds Platform to List of Partners – Can IMX Reach $100?

ImmutableX Price Prediction as Amazon Web Services Adds Platform to List of Partners – Can IMX Reach $100? The price of ImmutableX (IMX) has dropped by 2.5% in the past 24 hours, despite Immutable announcing yesterday that it had joined Amazon's ISV Accelerate Program.At $0.517790, IMX is down by 9% in a week, yet the altcoin remains up by 4% in the past month and by 34% since the beginning of the year.Immutable's addition to Amazon's accelerator means that it the Ethereum-based Web3...

Blog • 11 October 2023, Wednesday, 07:00

Is dYdX Going to Zero? DYDX Price Plunges 7% as Fresh Altcoin Races Past $450,000 Milestone

Is dYdX Going to Zero? DYDX Price Plunges 7% as Fresh Altcoin Races Past $450,000 Milestone Leading crypto DEX dYdX has seen native token DYDX tumble -7% in tumultous loss of 20DMA support, but is dYdX going to zero? Find out here.The sudden drop has left dYdX holders reeling, as the token enters the biggest losers for October 11 - beaten only by top tokens IOTA and Tezos.Yet, the fall in price comes as dYdX's prominence in the DEX space grows, with the platform facilitating vast quantities ...

Blog • 11 October 2023, Wednesday, 06:50

Solana Price Prediction as Viral Game Makes Up 15% of All Transactions on Blockchain – Time to Buy SOL?

Solana Price Prediction as Viral Game Makes Up 15% of All Transactions on Blockchain – Time to Buy SOL? The Solana price has jumped by nearly 1% in the past hour, with its move to $22.37 also representing a 0.3% gain in the past 24 hours.SOL's movements come as the Solana blockchain enjoys heavy traffic coming from new space exploration video game, SAGE Labs, which has seen transactions rise to one million per day.Such activity has helped reinforce the bull case for Solana, with SOL now up b...

Blog • 11 October 2023, Wednesday, 06:20

US Supermarket Trader Joe’s Takes Legal Action Against Crypto Project Over Name Resemblance

US Supermarket Trader Joe’s Takes Legal Action Against Crypto Project Over Name Resemblance Popular US supermarket chain Trader Joe’s has sued decentralized exchange (DEX) Trader Joe for federal trademark infringement.According to the filing, the DEX’s branding is designed to allow it to profit from the supermarket’s reputation by “causing confusion as to the source, sponsorship, affiliation, or endorsement” of the DEX’s website and services.The crypto project neither asked for nor received Trad...

Blog • 11 October 2023, Wednesday, 06:00

As DEE Token Catapults Up 800%, This Silent Crypto Has Snagged $1 Million – Primed for Take-off?

As DEE Token Catapults Up 800%, This Silent Crypto Has Snagged $1 Million – Primed for Take-off? In the latest On-Chain moon-shot a Street Fighter 6 themed token called Dee Jay (DEE) has exploded an eye-watering +800% overnight.Recent weeks have seen a huge trend in explosive DEX-launched tokens, with countless pump-and-dump moon-shots, including BDOGE, APX, FTX, Blinky, DRS and SNOR.The dramatic upside move has seen DEE token fly up into the trending coins on leading DEX tracking websites.DEE P...

Blog • 11 October 2023, Wednesday, 05:55

Tezos Price Prediction as XTZ Becomes Best Performer – Can XTZ Reach $10?

Tezos Price Prediction as XTZ Becomes Best Performer – Can XTZ Reach $10? The Tezos price has witnessed a turbulent 24 hours, rising as high as $0.722733 before dropping 7% to its current level of $0.669953.This represents a negligible 0.2% gain in a week and a 2% rise in the past fortnight, with the altcoin static in the last 30 days and down by 50% in the last 12 months.Yet a surge in XTZ's 24-hour trading volume – which rose to $152 million in the early hours of the morning – would sugges...

Blog • 11 October 2023, Wednesday, 04:40

Bitcoin Miner Hut 8 Halts BTC Sales, Remain Bullish on Price Ahead of Halving

Bitcoin Miner Hut 8 Halts BTC Sales, Remain Bullish on Price Ahead of Halving Bitcoin (BTC) miner Hut 8 produced 111 BTC in September without any sales to fund its operations as it prepares for the next halving.The firm released its mining and production update for September with its capacity, growth, added investment, and partnerships.Per the release, the miner holds 9,366 in Bitcoin becoming one of few publicly traded companies with huge asset reserves despite plunging prices.With 111 BTC gene...

Blog • 11 October 2023, Wednesday, 03:45

Indian Government Collects Over $12 Million From Crypto Taxes

Indian Government Collects Over $12 Million From Crypto Taxes India’s Central Board of Direct Taxes (CBDT) has collected more than 100 crore INR ($12 million) from one percent TDS (Tax Deducted at Source) on crypto transactions in this financial year. The Indian government had implemented one percent direct tax on all crypto transactions from July 1, 2022. In an interview with ANI, the tax body’s chairman revealed that they have collected over 700 crore INR ($84 million) in TDS during the curre...

Blog • 11 October 2023, Wednesday, 03:25

Bitcoin Price Prediction: 2% Fall; Economy Booms, Fidelity Underscores BTC Role

Bitcoin Price Prediction: 2% Fall; Economy Booms, Fidelity Underscores BTC Role On Wednesday, Bitcoin price experienced a minor setback, with its price declining by 1.75% to trade at $27,325. This dip comes amidst a flourishing economy, suggesting that now might be an opportune moment for investors to delve deeper into the world of Bitcoin. Notably, the stability of Bitcoin is evident, with 95% of its supply remaining unshaken over the past month, underscoring its strong dominance in the cryptoc...

Blog • 11 October 2023, Wednesday, 02:30

Koy Network Increases Reach Across The Continent

Koy Network Increases Reach Across The Continent Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.The Koy Network is making revolutionary moves in the financial services industry in Africa, with a blockchain-based platform for remittance and financial services. These key developments are setting Koy Network apart from the competition, enabling efficient, secure, and low-cost transactions for Africans everywhere. Targeting an area typically unders...

Blog • 11 October 2023, Wednesday, 02:10

More Russian Banks Say They’ll Join Digital Ruble Pilot – CBDC Advances?

More Russian Banks Say They’ll Join Digital Ruble Pilot – CBDC Advances? More Russian banks will join the digital ruble pilot, with Center-invest Bank, which mainly operates in the nation’s south, set to trial the CBDC next year.Per Rostov Gazeta, Center-invest Bank has “signed a digital ruble [partnership] agreement with the [CBDC’s] operator, the Central Bank.”The move will see the Rostov-on-Don-based bank join a “second group of banks” that will let clients use the coin in real-world scenario...

Blog • 11 October 2023, Wednesday, 01:45

Top 3 Price Predictions: Bitcoin, Ethereum, and eTukTuk Forecasts for 2023

Top 3 Price Predictions: Bitcoin, Ethereum, and eTukTuk Forecasts for 2023 Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.Bitcoin and Ethereum continue to dominate the market uncontested. But their performance over the last few months has been lackluster. Do they have what it takes to give generous returns to investors this year? Or, is it time for investors to start looking for emerging alternatives like eTukTuk for that 10X price surge? Here ...

Blog • 11 October 2023, Wednesday, 01:35

Hamas Received $41 Million in Crypto in Lead Up to Attack on Israel

Hamas Received $41 Million in Crypto in Lead Up to Attack on Israel Investigations based on Israeli government seizure orders and blockchain analytics have indicated that Hamas, along with other militant groups such as Palestinian Islamic Jihad (PIJ) and Hezbollah, received millions of dollars in crypto funding in the lead-up to the attack on Israel.According to a report from The Wall Street Journal, crypto wallets linked to PIJ received as much as $93 million in cryptocurrency between August 20...

Blog • 11 October 2023, Wednesday, 00:20

Sam Bankman-Fried Wrote a Draft Twitter Thread For Alameda Closure Two Months Before FTX Collapse

Sam Bankman-Fried Wrote a Draft Twitter Thread For Alameda Closure Two Months Before FTX Collapse Former FTX boss Sam Bankman-Fried had written a draft Twitter thread to announce the possible closure of his hedge fund Alameda Research. The thread, which was drafted in September 2022, reveals that Bankman-Fried considered announcing the closure of Alameda Research, the trading firm he co-founded, just two months before the collapse of FTX.During the trial, FTX co-founder Gary Wang testified that ...

Blog • 11 October 2023, Wednesday, 00:10

SBF's Legal Time Seeks to Cross Examine Caroline Ellison Over FTX's Anthropic Investment

SBF's Legal Time Seeks to Cross Examine Caroline Ellison Over FTX's Anthropic Investment Sam Bankman-Fried’s defense team is preparing to question Caroline Ellison, the former CEO of Alameda Research, over FTX’s investment in AnthropicAI.The line of questioning would also center around the extent to which Ellison relied on legal counsel when making pivotal decisions during her tenure as the head of Alameda Research, a crypto hedge fund closely linked to SBF's now-bankrupt FTX crypt...

Blog • 10 October 2023, Tuesday, 21:15

Rise in Chinese Banks Issuing Digital Yuan Corporate Loans

Rise in Chinese Banks Issuing Digital Yuan Corporate Loans More Chinese banks are issuing loans in the digital yuan, the nation’s central bank digital currency (CBDC), as e-CNY corporate financing options diversify.Per Nanhai Net (via Hainan News), the latest development has taken place on the island province of Hainan, in the city of Sanya.The media outlet reported that the Sanya Branch of the state-run Bank of Communications this month “successfully issued a digital yuan fixed asset loan” wort...

Blog • 10 October 2023, Tuesday, 19:30

Best Crypto to Buy Now October 10 – Tezos, Cosmos, XDC Network

Best Crypto to Buy Now October 10 – Tezos, Cosmos, XDC Network New details came to light on October 10 in the ongoing trial of former FTX CEO Sam Bankman-Fried. Caroline Ellison, Bankman-Fried's ex-girlfriend and former head of affiliated firm Alameda Research, took the stand to deliver key testimony for the prosecution.With the latest development in Bankman-Fried's case, what is the best crypto to buy now?In her statements to the court, Ellison admitted to criminal actions during her le...

Blog • 10 October 2023, Tuesday, 19:20

Crypto Whales are Accumulating This Lesser Known Crypto – Here's Why

Crypto Whales are Accumulating This Lesser Known Crypto – Here's Why yPredict, an AI trading platform, is progressing through the stages of its crypto presale. As of writing, the platform is in Stage 7 of its token sale, having raised $4,195,330.35 toward its final target of $6,507,551.The platform distinguishes itself by offering a comprehensive set of AI-based trading tools, including but not limited to trading signals, price prediction and technical analysis. Additionally, yPredict has d...

Blog • 10 October 2023, Tuesday, 18:55

Crypto Market Capitalization Rose 46% in H1 2023 But Still Down 48.5% From 2021 Close: KOFIU Report

Crypto Market Capitalization Rose 46% in H1 2023 But Still Down 48.5% From 2021 Close: KOFIU Report Despite a turbulent close to 2022, the South Korean cryptocurrency market appeared to have picked up momentum in 2023. According to a Korean Financial Intelligence Unit (KOFIU) report, the South Korean crypto market surged 46% to attain a valuation of 28.4 trillion won (about $21.08 billion) between January and June 2023. This follows a dismal 2022, which saw the market valuation dip to 19.4 trill...

Blog • 10 October 2023, Tuesday, 18:00

Bitcoin Ordinals Marketplace Ordswap Hit With Phishing Attack

Bitcoin Ordinals Marketplace Ordswap Hit With Phishing Attack Bitcoin Ordinals marketplace Ordswap has lost control of its official domain, resulting in temporarily shutting down operations. On October 9, the Ordswap team notified users, acknowledging that they had lost control of their official domain.The team conveyed this message through a post on the X platform (formerly Twitter), cautioning users with the statement, "Do not connect to Ordswap domain. We are not currently in control of the d...

Blog • 10 October 2023, Tuesday, 17:00

Circle Begins Native Minting of USDC Stablecoin on Layer-2 Scaling Solution Polygon

Circle Begins Native Minting of USDC Stablecoin on Layer-2 Scaling Solution Polygon Circle, the stablecoin issuer, has announced its plans to begin minting USD Coin (USDC) directly on the Polygon network.According to a press release issued on Tuesday, USDC is now accessible to users and developers on the Ethereum layer-2 scaling solution. This ends the bridged USDC from Ethereum (USDC.e), popular with many developers. Stablecoins have gained immense popularity in the crypto world due to their ab...

Blog • 10 October 2023, Tuesday, 16:00

Bitcoin Dips Under $28K; Ether ETFs Lack Spark; InQubeta Presale Smashes $3.5M

Bitcoin Dips Under $28K; Ether ETFs Lack Spark; InQubeta Presale Smashes $3.5M Recent events have proven once again how highly volatile the cryptocurrency market is. Bitcoin, the flagship cryptocurrency, recently experienced a significant price dip below $28,000, causing concern among traders. Meanwhile, the much-anticipated Ether exchange-traded funds (ETFs) failed to excite in their debut. On a more positive note, the presale of new player InQubeta ($QUBE) has exceeded all expectations by brea...

Blog • 10 October 2023, Tuesday, 15:50

Bitcoin Price Prediction as BTC Holds Steady at $27,500 Support – Is a Recovery Imminent?

Bitcoin Price Prediction as BTC Holds Steady at $27,500 Support – Is a Recovery Imminent? Bitcoin (BTC), the world's oldest and most valuable digital currency, couldn't climb above $28,000 recently. This is because investors are feeling cautious due to the ongoing conflict between Israel and Hamas, which is becoming more intense. However, the total value of all cryptocurrencies is currently at $1.07 trillion, and it has gone down by 1.50% in the last 24 hours.Bitcoin's price is curre...

Blog • 10 October 2023, Tuesday, 15:40

6 Themes Important Themes for the Next Crypto Bull Run, According to Nansen’s CEO

6 Themes Important Themes for the Next Crypto Bull Run, According to Nansen’s CEO Blockchain data analytics platform Nansen’s CEO Alex Svanevik just outlined six themes that he thinks will play a role in the next “cycle” in the crypto market via a Tweet thread.Many analysts talk about macro themes such as potential easing of interest rates from the Fed and other major central banks, more certainty regarding crypto regulations, and increased institutional adoption as spot crypto ETFs gain approva...

Blog • 10 October 2023, Tuesday, 15:30

Trader Joe's Goes After DeFi Namesake in Trademark Lawsuit, Seeks All Profits

Trader Joe's Goes After DeFi Namesake in Trademark Lawsuit, Seeks All Profits On October 5, American grocery store chain Trader Joe's filed a federal lawsuit against a decentralized finance (DeFi) platform named Trader Joe. The lawsuit accuses the DeFi platform of trademark infringement and seeks all profits generated by the platform as damages. This lawsuit follows an unsuccessful legal attempt by Trader Joe's in 2022 to close down the platform.The Accusations in the LawsuitAccordi...

Blog • 10 October 2023, Tuesday, 15:10

Coinbase Director Flags Alameda Research for Minting Nearly $40 Billion USDT in 2021

Coinbase Director Flags Alameda Research for Minting Nearly $40 Billion USDT in 2021 Today, Conor Grogan, a director at Coinbase, brought attention to Alameda Research's actions concerning the Tether (USDT) stablecoin. According to blockchain data analyzed by Grogan, Alameda Research minted upwards of $39.55 billion in USDT throughout 2021, despite lacking equivalent assets under management.Alameda Research and The USDT ConundrumThe sheer scale of USDT minted by Alameda Research raises quest...

Blog • 10 October 2023, Tuesday, 14:45

Crypto Exchanges Adapt: Coinbase, Revolut, and Binance Update Apps for UK Regulations – Here's the Latest

Crypto Exchanges Adapt: Coinbase, Revolut, and Binance Update Apps for UK Regulations – Here's the Latest Leading crypto exchanges Coinbase, Revolut, and Binance have updated their mobile and web applications to comply with the new regulations from the United Kingdom Financial Conduct Authority (FCA).Coinbase and Revolut informed their customers via email about the changes, which included the addition of "risk disclaimers" for crypto transactions. Users were also requested to update their m...

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