Mining Blog & Mining News

Blog • 28 September 2023, Thursday, 09:20

Pepe Coin Pumps 5% To Try To End Month On A High But Smart Money Targets This Crypto Gambling Presale

Pepe Coin Pumps 5% To Try To End Month On A High But Smart Money Targets This Crypto Gambling Presale 2023's break-out memecoin Pepe Coin (PEPE) has exploded +5% as market interest returns to the beloved token - but with PEPE pipped for top place by Wall Street Memes (WSM) - can Pepe coin end the month on a high?The Pepe coin bounce back coincides with a +91% 24-hour rise in trading volume that has seen PEPE return to the top 30 cryptocurrencies (by volume).OKX has taken note of the dramatic...

Blog • 28 September 2023, Thursday, 08:55

Coinbase Secures Approval to Offer Perpetual Futures Trading for Non-US Retail Users

Coinbase Secures Approval to Offer Perpetual Futures Trading for Non-US Retail Users Coinbase has received regulatory approval to offer perpetual futures trading services to retail customers outside the United States. In a Thursday blog post, the largest US-based crypto exchange said it has received additional regulatory approval from the Bermuda Monetary Authority (BMA) to offer perpetual futures trading to non-US retail users. "In the coming weeks, we will begin to offer eligible customers acc...

Blog • 28 September 2023, Thursday, 08:45

European Commission Initiates €800,000 Study to Address Crypto's Environmental Impact

European Commission Initiates €800,000 Study to Address Crypto's Environmental Impact On Tuesday, the European Commission awarded an 800,000 euro ($842,000) contract as part of its efforts to address the environmental impact of cryptocurrencies.In a tender document released on September 26, titled "Developing a Methodology and Sustainability Standards for Mitigating the Environmental Impact of Crypto-assets," the European Commission highlighted concerns about the environmental and climate i...

Blog • 28 September 2023, Thursday, 08:35

COMP Price Prediction as Compound Retests September Highs – Will COMP 10x From Here?

COMP Price Prediction as Compound Retests September Highs – Will COMP 10x From Here? The price of Compound (COMP) has rallied strongly this morning, with the altcoin's ascent to $43.51 representing a 7.5% gain in the past 24 hours. COMP is also up by 11.5% in the past week and by 6% in the last 30 days, with the token also having gained by 39% since the beginning of the year. Its rallies have come after a period of growth for Compound, with the DeFi platform since a marked increase in wallet...

Blog • 28 September 2023, Thursday, 08:25

Brazil’s Central Bank Tightens Rules as Crypto Adoption Rises

Brazil’s Central Bank Tightens Rules as Crypto Adoption Rises The central bank of Brazil has vowed to tighten rules and strengthen its oversight of crypto platforms, as crypto adoption in the country surges higher.Speaking in front of a parliamentary commission on finance and taxation on Wednesday, Roberto Campos Neto, the governor of Brazil’s central bank, said “cryptocurrency imports” by Brazilian residents have risen 44.2% in the period between January and August 2023 compared to the same per...

Blog • 28 September 2023, Thursday, 07:40

XRP Price Prediction as XRP Trading Volume Exceeds BNB. Can XRP Top $1 Before End of 2023?

XRP Price Prediction as XRP Trading Volume Exceeds BNB. Can XRP Top $1 Before End of 2023? The XRP price has risen by 0.5% in the past hour, with its jump to $0.502420 coming as the altcoin's 24-hour trading volume almost doubles that of its nearest rival in terms of market cap, BNB.XRP is now 0.5% down in a week but 4.5% up in the last 14 days, with the token also having gained by 47.7% since the beginning of the year.And while the market-wide difficulties of the past few weeks have meant t...

Blog • 28 September 2023, Thursday, 07:20

Is it Too Late to Buy LUNA? Terra Classic Offshoot Pumps 18% As Gaming Platform Token Presale Tops $100k

Is it Too Late to Buy LUNA? Terra Classic Offshoot Pumps 18% As Gaming Platform Token Presale Tops $100k Terra (LUNA) is in the midst of a comeback, after disgraced project founder Do Kwon filed court documents on Wednesday that suggested his legal team will fight any attempts at extradition to the United States.In documents filed with the U.S. District Court for the Southern District of New York, Do Kwon's legal team is opposing any attempt to bring him to the U.S. for testimony - this come...

Blog • 28 September 2023, Thursday, 06:45

Binance Changpeng Zhao Denies Ownership of CommEX Following Sale of Russian Entity

Binance Changpeng Zhao Denies Ownership of CommEX Following Sale of Russian Entity Binance CEO Changpeng Zhao has distanced himself and the company from the ownership of CommEX, the newly launched digital asset exchange that will take possession of Binance’s Russian entity. In a Sept 28 post on X (formerly Twitter), the CEO denied all forms of ownership either personally, by representative, or by proxy clarifying that former Binance staff in the region may choose to join their team in the short ...

Blog • 28 September 2023, Thursday, 06:35

Fireblocks Platform Now Offers Institutions Access to Tezos

Fireblocks Platform Now Offers Institutions Access to Tezos Fireblocks, a platform specializing in crypto custody and settlement services for financial institutions, has added full support for the Tezos (XTZ) network. The move allows users of the Fireblocks Wallet to securely store Tezos-based assets and leverage the platform's decentralized applications. Additionally, developers now have the opportunity to build products and services on Tezos using Fireblocks' Web3 engine, which offers ...

Blog • 28 September 2023, Thursday, 06:20

Curve Founder Michael Egorov Settles $35.3 Million Debt Position on Aave Platform, $CRV Set for Bull Run?

Curve Founder Michael Egorov Settles $35.3 Million Debt Position on Aave Platform, $CRV Set for Bull Run? Michael Egorov, the founder of the decentralized finance (DeFi) protocol Curve, has recently paid off all his debt on the lending protocol Aave. Currently, he has a remaining debt of $42.7 million across four other DeFi protocols.Based on on-chain data from Lookonchain, Egorov employed 68 million CRV (equivalent to $35.3 million) as collateral on the decentralized lending platform Silo. This...

Blog • 28 September 2023, Thursday, 06:10

Terra Classic LUNC Price Surges by 5% as New Penny Crypto, Bitcoin Minetrix, Secures $150k

Terra Classic LUNC Price Surges by 5% as New Penny Crypto, Bitcoin Minetrix, Secures $150k Terra Classic price has seen LUNC surge +5%, as Terra community members deliberate on two crucial proposals set to shape the future of the Terra Classic ecosystem.At the heart of this debate lies the governance of validators' commissions and the infrastructure support offered by Allnodes.Community members of Terra Luna Classic (LUNC) are in the midst of a serious vote on a proposed v2.2.2 soft fork, wh...

Blog • 28 September 2023, Thursday, 04:40

Crypto for a Cause – Investors Are Choosing this Green Crypto to Grow their Wealth this Year

Crypto for a Cause – Investors Are Choosing this Green Crypto to Grow their Wealth this Year Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.The Chimpzee (CHMPZ) presale is one of the most popular crypto events of 2023 and for the right reasons. The green cryptocurrency is predicted to go on a bull run later this year, fuelled by the hype around green crypto projects. The project has high market relevance in wildlife conservation. In addition, i...

Blog • 28 September 2023, Thursday, 04:30

Marathon Digital Mines Invalid Bitcoin Block, Blames Bug Amid Community Concerns

Marathon Digital Mines Invalid Bitcoin Block, Blames Bug Amid Community Concerns Bitcoin miner Marathon Digital confirmed it mined an invalid block due to a bug during an experiment to sharpen the company’s operations. The firm disclosed the incident in an announcement on X (formerly Twitter) saying the firm utilizes a small portion of the hash rate to experiment in the developmental pool to improve its overall mining capacity. According to several reports, it mined the invalid Bitcoin (BTC) blo...

Blog • 28 September 2023, Thursday, 04:20

US SEC Would Likely Let Ethereum Futures ETFs Go Live Next Week: Bloomberg Intelligence Analyst

US SEC Would Likely Let Ethereum Futures ETFs Go Live Next Week: Bloomberg Intelligence Analyst Ethereum (ETH) futures exchange-traded funds (ETFs) is likely to rollout next week, ahead of the potential US Government shutdown, Bloomberg analysts note.James Seyffart, Bloomberg intelligence analyst noted that the US Securities and Exchange Commission (SEC) would “let a bunch Ethereum futures ETFs go next week potentially.”Seyffart, along with fellow analyst Eric Balchunas reported that the Ethereu...

Blog • 28 September 2023, Thursday, 04:10

BIS and Central Banks of France, Singapore and Switzerland Successfully Test Cross-Border CBDC Using DeFi

BIS and Central Banks of France, Singapore and Switzerland Successfully Test Cross-Border CBDC Using DeFi The Bank for International Settlements (BIS) and central banks of France, Singapore, and Switzerland have jointly announced a successful test of cross-border trading and settlement for wholesale central bank digital currencies (wCBDCs).This test incorporated innovative decentralized finance (DeFi) technology concepts and was executed on a public blockchain.Project Mariana Tested Cross-Border...

Blog • 28 September 2023, Thursday, 03:45

Bitcoin Price Prediction: BTC Rises by 0.75% – Where is BTC Headed Next?

Bitcoin Price Prediction: BTC Rises by 0.75% – Where is BTC Headed Next? In a financial landscape punctuated by volatility, Bitcoin has once again made headlines, registering a 0.75% surge and settling at the $26,450 mark. What's driving Bitcoin's recent movement, and what's next? This analysis provides a forecast for its near-term future. Bitcoin has recently experienced a slight increase in value, possibly due to the announcement of bipartisan support for Bitcoin ETFs. However, tra...

Blog • 28 September 2023, Thursday, 03:00

US House Committee Grills SEC Chair Gary Gensler Over Crypto, Dubbed 'Tonya Harding of Regulation'

US House Committee Grills SEC Chair Gary Gensler Over Crypto, Dubbed 'Tonya Harding of Regulation' In a congressional hearing on September 27, the chair of the United States Securities and Exchange Commission (SEC) Gary Gensler, faced a barrage of questions and criticisms regarding the oversight of crypto markets. Colorful analogies and sharp rebukes at the hearing shed light on the contentious relationship between regulators and the crypto industry.“Tonya Harding of Regulations”United...

Blog • 28 September 2023, Thursday, 02:40

Binance Asks Paysafe Users to Convert EUR Balances to USDT by End of October

Binance Asks Paysafe Users to Convert EUR Balances to USDT by End of October Binance has asked Paysafe users to convert their euro balances to USDT by the end of October as the payments provider has stopped processing euro deposits for the exchange's users.In a Thursday announcement, Binance said Paysafe has "unilaterally decided to stop processing EUR deposits for Binance users," advising users to convert their euro balances to USDT.The exchange also noted that users may continue to withdra...

Blog • 28 September 2023, Thursday, 02:30

Police Make 12 Arrests, Seize $1 Million in Cash and $9.8 Million in Assets in JPEX Case

Police Make 12 Arrests, Seize $1 Million in Cash and $9.8 Million in Assets in JPEX Case On Tuesday, Hong Kong police announced the arrest of 12 suspects in connection with the JPEX cryptocurrency exchange platform scandal.During a press conference on Wednesday, Chris Tang Ping-Keung, the Secretary for Security of Hong Kong, reassured the public that the police are fully committed to delivering justice to those affected by the JPEX cryptocurrency exchange fraud.Tang revealed that 12 arrests have...

Blog • 28 September 2023, Thursday, 02:10

Brazilian Military, Police, Civil Servants Face ‘Crypto Mining Ban’

Brazilian Military, Police, Civil Servants Face ‘Crypto Mining Ban’ The Brazilian state of Santa Catarina has barred public officials, including police and military officers, from mining crypto.In an updated set of rules for public sector workers, the state wrote that public officials, including members of the armed forces and civil servants, should “refrain” from mining crypto when in working environments.This move will make it a punishable offense to use Santa Catarina government WiFi networks...

Blog • 28 September 2023, Thursday, 01:15

Gemini Reportedly Withdrew $280 Million From Genesis Before Crypto Lender Filed for Bankruptcy

Gemini Reportedly Withdrew $280 Million From Genesis Before Crypto Lender Filed for Bankruptcy Tyler and Cameron Winklevoss owned Gemini exchange reportedly withdrew approximately $280 million from Genesis Global just months before the crypto lender initiated a freeze on customer deposits and ultimately filed for bankruptcy. Genesis and Gemini had jointly offered an "Earn" program that allowed customers to earn interest on their cryptocurrency holdings. Under this program, users of the Winklevos...

Blog • 27 September 2023, Wednesday, 21:15

Chinese Tech Giant Tencent Joins CBDC Interoperability Pilot

Chinese Tech Giant Tencent Joins CBDC Interoperability Pilot China’s Tencent, the operator of the WeChat and WeChat Pay platforms, will join central bank-led digital yuan and CBDC interoperability pilots.WeChatPay, along with its rival Alipay, has cornered some 15% of the Chinese payments market.But in recent years, Tencent has moved to align with the People’s Bank of China (PBoC)’s CBDC adoption drive.Per JRJ, via Stockstar, Tencent will work alongside the PBoC’s Digital Currency Research Insti...

Blog • 27 September 2023, Wednesday, 19:00

Biggest Crypto Gainers Today on DEXTools – Calcium, FINE, Tyrion.finance

Biggest Crypto Gainers Today on DEXTools – Calcium, FINE, Tyrion.finance The price of Bitcoin has held steady this week even as stocks have tumbled, a divergence that some analysts say could signal more pain ahead for the cryptocurrency market.The Dow Jones Industrial Average has fallen by 1.72% so far in the weekly candle, and the S&P 500 has dropped by 1.64% due to growing concerns that interest rates will remain high.However, Bitcoin's price has only decreased by a slight 0.22% during the...

Blog • 27 September 2023, Wednesday, 18:50

Best Crypto to Buy Now September 27 – Maker, Curve DAO, Injective

Best Crypto to Buy Now September 27 – Maker, Curve DAO, Injective In the world of cryptocurrencies, some altcoins are showing significant price movements. As of September 27, Maker has ascended by over 10%, Curve DAO surged by 18%, and Injective declined by nearly 4% in the past week.Crypto enthusiasts and analysts are interested in the varied trajectories of Maker, Curve DAO, and Injective. We'll explore what's driving these price actions and highlight why they're worth considering ...

Blog • 27 September 2023, Wednesday, 18:40

Kraken Explores Stock and ETF Trading, A First for Crypto Exchanges

Kraken Explores Stock and ETF Trading, A First for Crypto Exchanges San Francisco-based crypto exchange Kraken is reportedly considering a move into the stock market with the addition of stocks and exchange-traded funds (ETFs) to its trading platform, according to a Bloomberg report today.The move, slated for as early as 2024, will mark Kraken as the first crypto exchange to diversify its trading options beyond cryptocurrencies.Bloomberg cites an anonymous source familiar with the matter, statin...

Blog • 27 September 2023, Wednesday, 18:10

Do Kwon Fights SEC Extradition Request Over Terra and Luna Stablecoin Collapse

Do Kwon Fights SEC Extradition Request Over Terra and Luna Stablecoin Collapse Do Kwon, founder of Terraform Labs, is fighting a U.S. Securities and Exchange Commission (SEC) request to extradite him for questioning about the collapse of his stablecoins Terra and Luna, according to court documents filed on Wednesday.The filing, submitted to the U.S. District Court for the Southern District of New York, indicates that Kwon's legal team is opposing any attempt to bring him to the U.S. for test...

Blog • 27 September 2023, Wednesday, 17:05

Dogecoin $DOGE Moves in A Tight Range, Tron, and Borroe.Finance Move Closer to Success

Dogecoin $DOGE Moves in A Tight Range, Tron, and Borroe.Finance Move Closer to Success Dogecoin ($DOGE) is highly volatile after a mix of news caused uncertainty in its market. Elsewhere, TRON ($TRX) turned bullish as more developments were implemented on its network. Yet, Borroe.Finance ($ROE) still dominates the cryptocurrency space, delivering 50% profits for early investors. Can Dogecoin and TRON gain enough momentum to dethrone Borroe.Finance?>>BUY $ROE TOKENS NOWBUY $ROE TOKENS NOW

Blog • 27 September 2023, Wednesday, 17:00

Bitcoin Price Prediction: BTC Dips 0.5% – What's the Next Move for BTC?

Bitcoin Price Prediction: BTC Dips 0.5% – What's the Next Move for BTC? In the ever-evolving world of cryptocurrencies, Bitcoin remains the predominant leader, showcasing its dominance as the number one cryptocurrency on CoinMarketCap. As of today, the live Bitcoin price hovers at $26,244, having registered a slight dip of 0.5% over the last 24 hours. This comes amidst a robust 24-hour trading volume of $11 billion. With a circulating supply of 19,497,568 BTC coins out of its max supply of ...

Blog • 27 September 2023, Wednesday, 16:40

Toncoin and PEPE made Popular in 2023; Is InQubeta Next?

Toncoin and PEPE made Popular in 2023; Is InQubeta Next? The year 2023 has witnessed remarkable success, from the meme-inspired token Pepe ($PEPE) to the altcoin Toncoin ($TON). These cryptocurrencies have catapulted many investors to millionaires, with traders now on the lookout for the next promising gem. The next potential game-changer in the crypto space has emerged in the form of InQubeta ($QUBE), a promising project at the intersection of blockchain and AI.This article will explore the suc...

Blog • 27 September 2023, Wednesday, 15:00

"Bye Bye" to Bitcoin? Robert Kiyosaki Weighs In on Citibank's Citi Token Services

"Bye Bye" to Bitcoin? Robert Kiyosaki Weighs In on Citibank's Citi Token Services On Tuesday, renowned author and financial literacy advocate, Robert Kiyosaki, sparked off a spirited debate in the cryptocurrency sphere with his remarks on the future of Bitcoin and the US dollar. The author, famed for his best-selling book "Rich Dad Poor Dad," shared his thoughts on the social media platform X, in response to Citibank's recent venture into blockchain technology. Citibank Steps into Block...

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