Mining Blog & Mining News

Blog • 26 September 2023, Tuesday, 04:00

Bitcoin Price Prediction: MicroStrategy's Accumulation Reinforces Optimism as It Emerges as a Beacon in Lebanon's Crisis

Bitcoin Price Prediction: MicroStrategy's Accumulation Reinforces Optimism as It Emerges as a Beacon in Lebanon's Crisis Bitcoin's price is slightly up at just above $26,200, while the overall crypto market has risen by 0.70% to a valuation of $1.05 trillion. MicroStrategy's acquisition of $150 million worth of Bitcoin has boosted confidence in the digital currency market and its role as an economic salve. Despite concerns about interest rate hikes and rising bond yields, the m...

Blog • 26 September 2023, Tuesday, 03:55

Sam Bankman-Fried's Legal Team Once Again Files for Temporary Release as Trial Approaches

Sam Bankman-Fried's Legal Team Once Again Files for Temporary Release as Trial Approaches The defense team representing Sam Bankman-Fried has renewed their plea for his temporary release ahead of the highly anticipated trial. The request, outlined in a recent court filing, cites challenges faced by Bankman-Fried's attorneys in preparing a defense while their client remains in detention.The defense argues that Bankman-Fried's involvement is essential in reviewing the extensive troves...

Blog • 26 September 2023, Tuesday, 03:45

Crypto Gaming Platform Scorpion Casino Forms Partnership with Tenset, A Major Crypto Gaming Backer

Crypto Gaming Platform Scorpion Casino Forms Partnership with Tenset, A Major Crypto Gaming Backer Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.Scorpion Casino (SCORP) is emerging as the leading gaming platform in the crypto sphere, boasting an extensive range of offerings, including games, sports, and exceptional NFTs. Having raised over $1 million in its presale already, the project has now announced something that will draw even more inves...

Blog • 26 September 2023, Tuesday, 03:15

Crypto Asset Management Industry Could Reach $650B in Five Years, Up From $50B Today: Report

Crypto Asset Management Industry Could Reach $650B in Five Years, Up From $50B Today: Report The crypto asset management industry is set to experience exponential growth in the coming years, according to analysts at Bernstein Research. The analysts, led by Gautam Chhugani, predicted that crypto funds could reach a staggering $500 billion to $650 billion within the next five years, a significant leap from the current valuation of approximately $50 billion.In a note published on Monday, the analys...

Blog • 26 September 2023, Tuesday, 02:50

Mega Project Chimpzee Enters Stage 12 of CHMPZ Presale, See What Bonuses and Exclusives Are Available

Mega Project Chimpzee Enters Stage 12 of CHMPZ Presale, See What Bonuses and Exclusives Are Available Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.The crypto community is wholeheartedly embracing Chimpzee (CHMPZ), drawing in a growing number of investors each day. This surge in interest has propelled the token's progress, bringing it close to its $1.4 million goal.We provide an overview of this project, and once you delve in, you'll u...

Blog • 26 September 2023, Tuesday, 02:30

Binance Collaborates With Banking Giants to Launch Stablecoins in Japan

Binance Collaborates With Banking Giants to Launch Stablecoins in Japan Binance has announced plans to launch stablecoins denominated in the dollar, euro, and yen in Japan.The initiative, set to take place next year, is made possible through a partnership with the trust banking arm of Mitsubishi UFJ Financial Group (MUFG), Takeshi Chino, the general manager of Binance Japan, said in an interview with Bloomberg. Binance Japan aims to introduce these three stablecoins initially, with the potential...

Blog • 26 September 2023, Tuesday, 02:20

ECB Chief Lagarde Says Digital Euro is “Not Yet Out There” and Would Take Two Years

ECB Chief Lagarde Says Digital Euro is “Not Yet Out There” and Would Take Two Years European Central Bank’s (ECB) president Christine Lagarde said that there is a lot going on in crypto, however, a ‘digital Euro’ pilot “will probably take us another two years, at least, before it’s the final say.”Addressing lawmakers at the EU Parliament's Economic and Monetary Affairs Committee on Monday, Lagarde said that a central bank digital currency (CBDC) will not eradicate cash, nor substitute it.“If...

Blog • 26 September 2023, Tuesday, 02:10

Web3 Security Conference 2023: Uniting Global Experts to Safeguard the Future of Web3

Web3 Security Conference 2023: Uniting Global Experts to Safeguard the Future of Web3 Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.De.Fi, a leading super app for asset management and security, is thrilled to announce the inaugural Web3 Security Conference 2023, in partnership with ETHMilan. This exclusive event will gather experts from around the world to address the critical challenges and solutions in Web3 security.The inaugural edition of ...

Blog • 26 September 2023, Tuesday, 01:55

Celsius Creditors Vote in Favor of Crypto Repayment and Equity Distribution Plan

Celsius Creditors Vote in Favor of Crypto Repayment and Equity Distribution Plan Creditors in the Celsius bankruptcy case have voted in favor of a comprehensive plan, paving the way for the return of funds and the equitable distribution of assets through the establishment of a new entity.As per September 25th filing by the bankruptcy firm Stretto, the majority of creditor classes rallied behind the proposal, registering approval rates surpassing 98 percent.However, while the consensus among cred...

Blog • 26 September 2023, Tuesday, 01:45

Join Blockchain Life 2023 in Dubai – The Crypto Event of the Year

Join Blockchain Life 2023 in Dubai – The Crypto Event of the Year Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.The legendary event, known as Crypto Whales Meeting Point, brings together over 7,000 visitors from 120 countries on October 24-25. Global crypto investors, funds, government officials, miners, developers and promising startups come together in Dubai to shape the future of cryptocurrencies and Web3 at the 11th Blockchain Life Forum.G...

Blog • 26 September 2023, Tuesday, 01:35

Binance Resumes Registration for Belgian Users After 2 Months Suspension

Binance Resumes Registration for Belgian Users After 2 Months Suspension Binance, the major cryptocurrency exchange, has announced the resumption of user registration and access in Belgium. This comes after the Financial Services and Markets Authority (FSMA) ordered the suspension of Binance's services in June.The FSMA stated that Binance was providing exchange and custody wallet services in Belgium from non-European Economic Area countries, which violated regulatory prohibitions.The FSMA or...

Blog • 25 September 2023, Monday, 23:55

Crypto Influencer BitBoy Crypto Arrested While Livestreaming on YouTube

Crypto Influencer BitBoy Crypto Arrested While Livestreaming on YouTube Crypto influencer Ben Armstrong, formerly known as BitBoy Crypto, was arrested by the police while live-streaming on YouTube. Earlier today, the crypto influencer had posted on X that he will be going live on YouTube from a very special location. Armstrong intended to confront an individual named Carlos Diaz in a quest to retrieve his Lamborghini, but the situation quickly spiralled into something else as he was taken into p...

Blog • 25 September 2023, Monday, 22:40

Despite Facing Corruption Allegations, Senator Advocates for Stricter Crypto and Bitcoin Oversight

Despite Facing Corruption Allegations, Senator Advocates for Stricter Crypto and Bitcoin Oversight U.S. Senator Robert Menendez (D-N.J.), a vocal critic of cryptocurrencies like Bitcoin, finds himself at the center of a political corruption scandal.Menendez has been charged with bribery, allegedly accepting a variety of illicit gifts, including gold, cash, and mortgage payments, in exchange for abusing his power and influence.The charges come after years of Menendez's condemnation of cryptoc...

Blog • 25 September 2023, Monday, 21:00

Crypto Regulation Needs Teeth: Ex-SEC Official Pushes for DOJ Involvement

Crypto Regulation Needs Teeth: Ex-SEC Official Pushes for DOJ Involvement The issue of crypto regulation in the United States has intensified following outspoken criticisms from John Reed Stark, a former SEC official, on Saturday. Stark emphasized that the SEC’s current enforcement capabilities are not enough to rein in the crypto sector, urging the Department of Justice (DOJ) to take a more active role. Stark voiced his concerns on social media platform X (formerly Twitter), lamenting that enfo...

Blog • 25 September 2023, Monday, 20:20

Cross-Chain Partnership Between Swarm and Wrapped Expands DeFi Capabilities

Cross-Chain Partnership Between Swarm and Wrapped Expands DeFi Capabilities Swarm and Wrapped entered into a partnership on September 7 to improve Wrapped.com's existing services for transferring cryptocurrencies between different blockchain networks. The main goal is to make it easier to convert, or "wrap," cryptocurrencies for use in decentralized finance, commonly known as DeFi.This cross-chain collaboration between Wrapped.com and Swarm could be a pivotal point in shaping the future of t...

Blog • 25 September 2023, Monday, 19:05

Best Crypto to Buy Now September 25 – Curve DAO Token, Aptos, Axie Infinity

Best Crypto to Buy Now September 25 – Curve DAO Token, Aptos, Axie Infinity Last week, Pantera Capital, a firm specializing in digital asset investments, identified three major catalysts that could ignite the next wave of growth in the cryptocurrency market in its blog post. Portfolio manager Cosmo Jiang outlined these factors, which include the potential approval of spot Bitcoin ETFs, improving regulatory conditions, and advancements in blockchain scaling capabilities.Jiang highlighted that Bla...

Blog • 25 September 2023, Monday, 19:00

Bitwise Draws Close to Spot Bitcoin Fund Approval With Latest Academic Record

Bitwise Draws Close to Spot Bitcoin Fund Approval With Latest Academic Record NYSE Arca Exchange has submitted an updated application to list the Bitwise Bitcoin exchange-traded fund (ETF) Trust. This revised application includes a detailed academic analysis to address the significant concerns raised by the Securities Exchange Commission (SEC) regarding spot bitcoin ETFs.In the 40+ page Bitwise filing, the NYSE emphasized the SEC's consistent reference to the "mixed" or "inconclusive" academ...

Blog • 25 September 2023, Monday, 18:50

Is It Too Late to Buy Banana? BANANA Price Gains 18% as World’s First “All-in-One” AI Ecosystem Closes in on $4 Million

Is It Too Late to Buy Banana? BANANA Price Gains 18% as World’s First “All-in-One” AI Ecosystem Closes in on $4 Million Banana Gun, a Telegram bot designed to assist users in purchasing tokens on the Ethereum Network, has seen its token experience a volatile day in the market--with an 18% gain at one point--only to settle at a modest 2.57% increase later in the day. This raises questions about its short-term and long-term prospects. As investors grapple with these rapid fluctuations, various tec...

Blog • 25 September 2023, Monday, 17:25

Huobi's Hot Wallet Reportedly Drained of $7.9 Million – What Happened?

Huobi's Hot Wallet Reportedly Drained of $7.9 Million – What Happened? Global cryptocurrency exchange Huobi was the victim of a cyberattack that resulted in the theft of 5,000 ETH worth approximately $7.9 million. CyversAlerts, a reliable crypto security company, was the first to report the attack. The blockchain firm stated that the attack was successful due to a compromise in one of Huobi's hot wallets. Hot wallets are easily accessible cryptocurrency wallets connected to the internet...

Blog • 25 September 2023, Monday, 17:05

Crypto Exchange Listing and Delisting Announcements: September 25, 2023

Crypto Exchange Listing and Delisting Announcements: September 25, 2023 Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.Have we missed something? Do you have information about new listings and/or delistings? Let us know here.__AscendEXListings:Ozone Metaverse (OZONE)Tipcoin (TIP)New Treasure Hall (MNTH)Pepe King Prawn (PEPE)Gold Coin (GOLD)Real Smurf Cat (SMURFCAT) BitForexListings: Baz...

Blog • 25 September 2023, Monday, 16:30

Digital Asset Products Record Outflows In Sixth Consecutive Week, Europe Overtakes US in Bullish Stance: CoinShares Report

Digital Asset Products Record Outflows In Sixth Consecutive Week, Europe Overtakes US in Bullish Stance: CoinShares Report Cryptocurrency investment products recorded outflows for the sixth consecutive week with market leaders Bitcoin (BTC) and Ethereum (ETH) leading the pack.A new CoinShares market report shows total outflows from digital asset products totaling $9 million with BTC accounting for $6 million in its third consecutive week of outflows while leading altcoin ETH in its sixth consecu...

Blog • 25 September 2023, Monday, 15:55

Bitcoin (BTC) Price Prediction: Is BTCBSC's Popularity Affecting Bitcoin's Future Value?

Bitcoin (BTC) Price Prediction: Is BTCBSC's Popularity Affecting Bitcoin's Future Value? In today's rapidly evolving cryptocurrency landscape, Bitcoin (BTC), the pioneer of the digital currency realm, finds its position and value influenced by emerging blockchain platforms and their associated tokens. With the current BTC price standing at $26,130 and a 24-hour trading volume of $12 billion, Bitcoin has experienced a decline of nearly 2% within the past day. Despite this, Bitcoin m...

Blog • 25 September 2023, Monday, 15:55

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Flybit.net is committed to protecting the privacy and personal data of our users in compliance with the General Data Protection Regulation (GDPR) and the Data Protection Act 2018. Lawful Basis for Processing Personal Data We collect and process personal data on the following lawful bases: Consent: We obtain consent from users to collect and process their personal data for specific purposes, such as sending newsletters or conducting surveys. Legitimate interests: We collect and process personal ...

Blog • 25 September 2023, Monday, 15:35

Bitcoin Price Set to End Third Quarter With 15% Loss, But BTC Traders Are Preparing For 2024 Pump

Bitcoin Price Set to End Third Quarter With 15% Loss, But BTC Traders Are Preparing For 2024 Pump Bitcoin (BTC) is set to end the third quarter of 2023 with losses of around 15%, its worst quarterly performance since the final quarter of 2022, when the cryptocurrency also lost 15%, as per currencyrush.com.The world’s largest cryptocurrency by market capitalization, which had a market of around $513 billion as of the 25th of September, was last trading in the low $26,000s, around 17% below its su...

Blog • 25 September 2023, Monday, 14:30

Terra Luna Classic Price Prediction As LUNC Pumps 5% in 7 Days - Here's Why The Altcoin Is Outperforming

Terra Luna Classic Price Prediction As LUNC Pumps 5% in 7 Days - Here's Why The Altcoin Is Outperforming Terra Luna Classic (LUNC), the cryptocurrency that powers the original Terra blockchain that faced disaster last May, has been outperforming the broader cryptocurrency market in the last seven days, rising more than 5.0% during this time.By contrast, Bitcoin (BTC) is down close to 2% and Ether (ETH) is down around 3% over the same time period.LUNC was last trading just above $0.00006 per...

Blog • 25 September 2023, Monday, 12:40

Biggest Crypto Gainers Today on DEXTools – GeneraitivAI, ZkTsunami, Prophet

Biggest Crypto Gainers Today on DEXTools – GeneraitivAI, ZkTsunami, Prophet Despite a lack of notable fundamental catalysts to drive downside, Bitcoin (BTC) briefly dipped under $26,000 for the first time in over a week on Monday.While it has since recovered back into the $26,200s, it has been unable to recover back to the north of its 21DMA, which was last just under $26,300.The world’s largest cryptocurrency is currently on course to end Q3 with losses in the region of 15%, largely due to a co...

Blog • 25 September 2023, Monday, 12:30

Senator Gillibrand Rallies Democrat Colleagues to Adopt Digital Assets Regulation

Senator Gillibrand Rallies Democrat Colleagues to Adopt Digital Assets Regulation Senator Kirsten Gillibrand is in talks with her Democrat colleagues in the Senate to support cryptocurrency regulation amid speculations of a government shutdown.Speaking at the Mainnet Conference on Sept 22, Gillibrand noted that she is on track to convince her party members to embrace more digital asset regulations to move it from a partisan to a bi-partisan approach. “ I don’t think it has to be a partisan issue...

Blog • 25 September 2023, Monday, 10:50

Toncoin Soars Past Skeptics with 40% Jump! Which Projects Are Next Up?

Toncoin Soars Past Skeptics with 40% Jump! Which Projects Are Next Up? Toncoin ($TON) defied the cynical market cycle with a major bullish price rally, shocking skeptics. The token soared by an impressive 40% within a week, and more than 80% over the past month. This price surge pushed $TON into the list of the top ten cryptocurrencies by market capitalization. The project’s outstanding performance has excited traders as they anticipate other projects ready to explode. Domini.art ($DOMI) and Pol...

Blog • 25 September 2023, Monday, 09:25

Breaking: MicroStrategy Acquires Additional 5,445 BTC, Adding to a Total of 158,245 Bitcoins

Breaking: MicroStrategy Acquires Additional 5,445 BTC, Adding to a Total of 158,245 Bitcoins Nasdaq-listed MicroStrategy (MSTR), the world’s leading corporate Bitcoin holder, has purchased an additional 5,445 BTC through August and September.The company announced Monday that it has acquired $147.3 million worth of the world’s largest cryptocurrency at an average price of $27,053 per Bitcoin “inclusive of fees and expenses,” per its latest filing with the Securities and Exchange Commission (SEC)....

Blog • 25 September 2023, Monday, 09:15

Data Shows North Korean Lazarus Group Has Accumulated Bitcoin Valued Over $40M

Data Shows North Korean Lazarus Group Has Accumulated Bitcoin Valued Over $40M The North Korean hacking group known as Lazarus Group reportedly has holdings of over $47 million in cryptocurrency, with the majority in Bitcoin (BTC).According to a report from the institutional crypto platform provider 21.co, wallets connected to Lazarus Group contain around 1,600 Bitcoin, 10,810 Ether (ETH), and 64,490 Binance Coin (BNB).In total, the hacker group’s wallets contained crypto worth a staggering $75 ...

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