Mining Blog & Mining News

Mining Blog & Mining News

US SEC Seeks Public Comments on ARK & VanEck's Spot Ethereum ETFs

US SEC Seeks Public Comments on ARK & VanEck's Spot Ethereum ETFs The US Securities and Exchange Commission (SEC) is reviewing applications for spot Ethereum exchange-traded funds (ETFs) from two asset managers – ARK Invest and VanEck.According to the agency’s release dated September 21, the SEC has sought public comments on the potential benefits and risks of approving these ETFs. The regulator has opened a 45-day public comment period for both filings.“The Commission is publishing thi...
US SEC Seeks Public Comments on ARK & VanEck's Spot Ethereum ETFs

GALA Price Prediction as GALA Attracts More Volume Than Dogecoin, Solana and Litecoin – Will GALA 10x From Here?

GALA Price Prediction as GALA Attracts More Volume Than Dogecoin, Solana and Litecoin – Will GALA 10x From Here? The GALA price has declined by 4% in the past 24 hours, with its fall to $0.01322310 marking a 7.5% decline in the last seven days.GALA's noticeable drop today comes as the market as a whole declines by only 1%, suggesting that the altcoin is currently facing stronger headwinds than most other cryptocurrencies at the moment.Indeed, with its co-founders locked in an acrimonious leg...
GALA Price Prediction as GALA Attracts More Volume Than Dogecoin, Solana and Litecoin – Will GALA 10x From Here?

How to Buy Meme Kombat ($MK) - Easy Guide

How to Buy Meme Kombat ($MK) - Easy Guide Meme Kombat is a trending new token that combines the power of memes with combat gaming to offer active and passive income streams for its players.The Meme Kombat Token ($MK) is at the heart of its ecosystem, an audited token providing multiple earnings avenues, from betting to staking.At press time, it offers an Annual Percentage Yield (APY) of 112% on staking. Want to know how you can stake your tokens or bet on your favorite meme characters? This guid...
How to Buy Meme Kombat ($MK) - Easy Guide

How to Buy TG.Casino Token - Easy Guide

How to Buy TG.Casino Token - Easy Guide TG.Casino ($TGC) is a fully licensed Telegram casino. This new presale cryptocurrency offers huge staking rewards and offers access to various casino games and NFT rewards. Our how to buy TG.Casino guide will provide a step-by-step analysis of how to purchase the $TGC token. We also cover the tokenomics of this project and explain all the key features of the token. What is TG.Casino?The TG.Casino is a fully licensed Telegram casino. This new cryptocurrency...
How to Buy TG.Casino Token - Easy Guide

Sam Bankman-Fried's Father Faces Scrutiny Over Alleged Role in Democratic Dark Money Network

Sam Bankman-Fried's Father Faces Scrutiny Over Alleged Role in Democratic Dark Money Network Joseph Bankman, the father of the embattled former crypto entrepreneur Sam Bankman-Fried, has reportedly been implicated in holding an advisory position within a prominent Democratic dark money network. Watchdogs suggest that this arrangement warrants a thorough investigation.This allegation surfaced after a lawsuit filed by FTX, Bankman-Fried's former company, against his parents.The suit, file...
Sam Bankman-Fried's Father Faces Scrutiny Over Alleged Role in Democratic Dark Money Network

Bitmain to Invest $54 Million in Bankrupt Bitcoin Mining Company Core Scientific

Bitmain to Invest $54 Million in Bankrupt Bitcoin Mining Company Core Scientific Digital asset miner Core Scientific announced a new partnership with Bitmain, a major player in the supply of Bitcoin mining and Artificial Intelligence (AI) computing hardware. As part of the deal, Bitmain will invest $53.9 million in the company expanding their long-standing relationship.Per the agreement, Bitmain will supply the crypto miners 27,000 Bitmain S19J XP 151 TH mining servers for $23.1 million and an i...
Bitmain to Invest $54 Million in Bankrupt Bitcoin Mining Company Core Scientific

Bitcoin Price Prediction: Fed's Stance, ETF Approval, & Yuan's Impact on BTC

Bitcoin Price Prediction: Fed's Stance, ETF Approval, & Yuan's Impact on BTC Bitcoin (BTC), the world's largest cryptocurrency, experienced a dip on Friday as it failed to maintain its upward momentum and dropped below $27,000. Jerome Powell's statement about possible interest rate hikes caused a 1.5% decrease in the global crypto market to $1.06 trillion. Bitcoin has been trading sideways due to Powell's statements and the increase in 10-year note yields. The Federal R...
Bitcoin Price Prediction: Fed's Stance, ETF Approval, & Yuan's Impact on BTC

Chinese Banks, Firms Make Digital Yuan Smart Contract Progress

Chinese Banks, Firms Make Digital Yuan Smart Contract Progress Chinese banks and businesses want to step up their use of digital yuan-powered smart contracts, as the financial and industrial sectors eye CBDC progress.Per the Securities Times (via Stockstar), the state-run Postal Savings Bank of China has “officially” co-launched the nation’s first “prepayment product” to make use of digital yuan smart contracts.Unlike many other CBDC projects, the e-CNY is not blockchain-based.Rather than making...
Chinese Banks, Firms Make Digital Yuan Smart Contract Progress

Silicon Valley Law Firm Fenwick & West Files to Dismiss FTX Class Action Lawsuit

Silicon Valley Law Firm Fenwick & West Files to Dismiss FTX Class Action Lawsuit Fenwick & West, a renowned Silicon Valley law firm, has denied allegations that it played a role in facilitating a fraud allegedly committed by bankrupt crypto exchange FTX.The law firm has filed a motion to dismiss the lawsuit, claiming that its services provided to FTX were standard legal services and that it had no knowledge of any fraudulent activities, Bloomberg first reported. The motion to dismiss, fi...
Silicon Valley Law Firm Fenwick & West Files to Dismiss FTX Class Action Lawsuit

India's Crypto Tax Relief Likely Two Years Away, Says Leading Exchange CEO

India's Crypto Tax Relief Likely Two Years Away, Says Leading Exchange CEO India's crypto industry may have to wait for up to two years for a more lenient crypto tax regime, as per domestic exchange WazirX's CEO. Last year, Indian authorities introduced a 1% Tax Deducted at Source (TDS) on cryptocurrency transactions, which led to a significant decline in trading volumes.This move prompted market makers and high-frequency investors to reduce their involvement due to the increased co...
India's Crypto Tax Relief Likely Two Years Away, Says Leading Exchange CEO

It Is "A Really Good Time" to Invest in Crypto: Former a16z General Partner

It Is "A Really Good Time" to Invest in Crypto: Former a16z General Partner Former a16z general partner Katie Haun believes it is "a really good time" to invest in the crypto industry. During a recent interview at TechCrunch Disrupt, Haun talked about the crypto market over the past couple of years, claiming that she’s still very optimistic about the future of crypto.“I think there’s a perception out there that crypto is crickets chirping. We find ourselves very busy, but one of the things we di...
It Is

Binance and CEO Changpeng Zhao File Motion to Get SEC Lawsuit Dismissed

Binance and CEO Changpeng Zhao File Motion to Get SEC Lawsuit Dismissed Binance, Binance.US, and Changpeng Zhao have jointly filed a motion to dismiss a lawsuit brought by the United States Securities and Exchange Commission (SEC). In their 60-page petition submitted on September 21, their legal team contends that the SEC exceeded its regulatory jurisdiction by filing the lawsuit against them. The defendants argue that the SEC failed to provide clear guidelines for the cryptocurrency sector befo...
Binance and CEO Changpeng Zhao File Motion to Get SEC Lawsuit Dismissed

South Korean’s Busan to Launch Digital Assets Trading Platform ‘This Year’

South Korean’s Busan to Launch Digital Assets Trading Platform ‘This Year’ The South Korean city of Busan says it will launch a long-awaited blockchain-powered digital assets trading platform before the year is over.Per Meil Kyungjae, Busan city officials told reporters this week that they want to create a “fourth-generation blockchain-powered exchange” that “can tokenize valuable assets such as raw materials and precious metals.”Busan Mayor Park Hyeong-jun and other officials said the exchange ...
South Korean’s Busan to Launch Digital Assets Trading Platform ‘This Year’

Bitcoin Price Prediction as Bears Push BTC Below $27,000 Support – Dip Buying Opportunity?

Bitcoin Price Prediction as Bears Push BTC Below $27,000 Support – Dip Buying Opportunity? As Bitcoin's volatile movement continues, recent market activities have seen the pioneering cryptocurrency tumble below the crucial $27,000 support level. This downward momentum has left traders and investors with an imperative question: Is this just a transient dip or a prolonged bearish phase? Could this recent downturn potentially offer a golden opportunity for those looking to buy the dip? Bitcoin ...
Bitcoin Price Prediction as Bears Push BTC Below $27,000 Support – Dip Buying Opportunity?

Sam Bankman-Fried's Alameda Research Allegedly Linked to 2021 Bitcoin Price Plunge

Sam Bankman-Fried's Alameda Research Allegedly Linked to 2021 Bitcoin Price Plunge The Bitcoin price experienced an abrupt and unexplained decline of 87% on October 21, 2021, and new information suggests that Sam Bankman-Fried's Alameda Research may have been the culprit. Today, a former employee came forward to shed light on the company's internal operations, claiming that a trading error within the firm led to the drastic drop in Bitcoin's price on Binance.US.The Incident: Rap...
Sam Bankman-Fried's Alameda Research Allegedly Linked to 2021 Bitcoin Price Plunge

Web3 Innovators Get a Boost with Consensys' $1.5 Million Fellowship Program

Web3 Innovators Get a Boost with Consensys' $1.5 Million Fellowship Program Blockchain development firm Consensys has announced the launch of its inaugural Consensys Fellowship Program, aimed at providing critical support for Web3 startups and founders.The pre-accelerator program is designed to empower participants to harness the potential of Web3 technologies, particularly those within the Consensys software suite, including MetaMask SDK, MetaMask Snaps, and Linea.The program's first c...
Web3 Innovators Get a Boost with Consensys' $1.5 Million Fellowship Program

Former FCA Chair Reveals Pressure to Approve Crypto Firms Facing U.S. Investigations

Former FCA Chair Reveals Pressure to Approve Crypto Firms Facing U.S. Investigations The UK's financial watchdog was forced to welcome cryptocurrency firms into the British market, according to Charles Randell, the former chairman of the Financial Conduct Authority (FCA). During a conference hosted by the Bank of England's Prudential Regulation Authority, Randell said the FCA came under "political pressure" to approve crypto companies, highlighting the influence that elected officials ha...
Former FCA Chair Reveals Pressure to Approve Crypto Firms Facing U.S. Investigations

Best Crypto to Buy Now September 21 – ImmutableX, Algorand, Aave

Best Crypto to Buy Now September 21 – ImmutableX, Algorand, Aave Intrigue is swirling after X's inaugural Client Council event provided insight into the platform's ambitions to evolve into "The Everything App," with many in crypto circles dissecting hints about potential peer-to-peer payment options.While details remain scarce, the event spotlighted X's vision for enhanced features like video calling and sparked rumors that crypto transaction capabilities could emerge.With mainstream...
Best Crypto to Buy Now September 21 – ImmutableX, Algorand, Aave

As GOLD Token Shoots Up 28,000%, This Viral New AI Coin Just Raised More Than $3.9 Million – 5-Day Countdown Begins

As GOLD Token Shoots Up 28,000%, This Viral New AI Coin Just Raised More Than $3.9 Million – 5-Day Countdown Begins The newly listed GOLD Token has seen a parabolic move so far, skyrocketing over 28,000% from its listing price just yesterday.After reaching an intraday high of $0.3225, the GOLD Token price has pulled back but remains up substantially.As traders look for potential buy zone entry levels, the key moving averages on the 5-minute chart provide immediate resistance levels to watch.GOLD...
As GOLD Token Shoots Up 28,000%, This Viral New AI Coin Just Raised More Than $3.9 Million – 5-Day Countdown Begins

California Revisits Stringent Licensing for Crypto Businesses with New Bill AB 39 - Here's What You Need to Know

California Revisits Stringent Licensing for Crypto Businesses with New Bill AB 39 - Here's What You Need to Know California is once again taking steps to tighten crypto regulation with a new bill, AB 39, introduced on Tuesday.The legislation follows a previous attempt in February 2022, when the state introduced AB 2269. The older bill also proposed strict licensing requirements for companies engaged in digital financial activities with California residents. Modeled after New York’s BitLicen...
California Revisits Stringent Licensing for Crypto Businesses with New Bill AB 39 - Here's What You Need to Know

Union Bank of the Philippines Secures Central Bank License to Offer Crypto Trading

Union Bank of the Philippines Secures Central Bank License to Offer Crypto Trading Philippine’s Union Bank has become the first and only bank in the country to receive a license from the Bangko Sentral ng Pilipinas (BSP) to operate as a virtual asset service provider (VASP).The bank received a ‘Certificate of Authority’ from the central bank, marking it the first in the Philippines to gain the certification. Other VASP license holders include financial institutions such as the Philippine Digital...
Union Bank of the Philippines Secures Central Bank License to Offer Crypto Trading

Galaxy Digital Is Keen on European Expansion As The Firm Hires First Regional Head

Galaxy Digital Is Keen on European Expansion As The Firm Hires First Regional Head Digital asset services firm, Galaxy Digital seeks an international expansion to Europe with the addition of a regional chief.Mike Novogratz's crypto firm has hired Leon Marshall, the company’s former head of sales as its first-ever European Chief Executive, setting the tone for a possible expansion. Marshall, who has been with Galaxy Digital and previously worked with crypto broker Genesis is tasked with build...
Galaxy Digital Is Keen on European Expansion As The Firm Hires First Regional Head

TG.Casino Launches Gaming Token with 4000%+ APY, Presale Raises Over $100,000 in Minutes From Web3 Whales

TG.Casino Launches Gaming Token with 4000%+ APY, Presale Raises Over $100,000 in Minutes From Web3 Whales Thursday, September 21st, 2023 – TG.Casino gaming crypto presale launches today and has already raised $140,000 in minutes – $TGC token looks set to be the next Telegram bot token to explode.The crypto gambling and gaming industry – GambleFi – is booming, and TG.Casino is the No.1 Telegram casino, placing it at the forefront of sector innovation and value creation.Setting it apart, TG.Casino...
TG.Casino Launches Gaming Token with 4000%+ APY, Presale Raises Over $100,000 in Minutes From Web3 Whales

Apple and Goldman Sachs Considered Stock-Trading Feature for iPhones Until Market Downturn – Was Crypto Included?

Apple and Goldman Sachs Considered Stock-Trading Feature for iPhones Until Market Downturn – Was Crypto Included? In the midst of the stock market frenzy that gripped the world in 2020, Apple and Goldman Sachs were quietly collaborating on a groundbreaking investing feature, insiders revealed.This undisclosed project, aimed at allowing consumers to buy and sell stocks through Apple's ecosystem, was ultimately shelved last year due to concerns over market volatility, according to sources cont...
Apple and Goldman Sachs Considered Stock-Trading Feature for iPhones Until Market Downturn – Was Crypto Included?

Coinbase's Chief Legal Officer Stays Optimistic Amid SEC Battles – Here's Why

Coinbase's Chief Legal Officer Stays Optimistic Amid SEC Battles – Here's Why Coinbase's Chief Legal Officer is remarkably optimistic despite two ongoing battles with the Securities and Exchange Commission (SEC).Paul Grewal has expressed optimism about both cases, claiming that they could have a lasting impact on the entire industry.“We’re optimistic that that’s also going to help shape the landscape and bring clarity for all of us that I think we all desperately need,” he said dur...
Coinbase's Chief Legal Officer Stays Optimistic Amid SEC Battles – Here's Why

Solana Price Prediction as Accumulation Continues at $20 Level – Can SOL Reach $1,000 in the Next Bull Run?

Solana Price Prediction as Accumulation Continues at $20 Level – Can SOL Reach $1,000 in the Next Bull Run? The Solana price has swung strongly today, reaching a 24-hour high of $20.48 before retreating in the past few hours to $19.59.This latest price represents a 2% drop in the past day, yet SOL is also up by 4% in a week, while being down by 6.5% in the last 30 days.But with the altcoin also having risen strongly since the beginning of the year (up by 96%), it maintains the kind of medium-ter...
Solana Price Prediction as Accumulation Continues at $20 Level – Can SOL Reach $1,000 in the Next Bull Run?

Rolling Stone Calls NFTs “Totally Worthless,” Sparks Diverse Community Reaction

Rolling Stone Calls NFTs “Totally Worthless,” Sparks Diverse Community Reaction A new report shows that 95% of mainstream non-fungible tokens (NFTs) have recorded plunging values with many now almost worthless.On Sept 20, media outlet Rolling Stone highlighted a report by dappGambl “Dead NFTs: The Evolving Landscape of the NFT Market” an analysis that explains why most NFTs have dropped in values without posting significant traction in the past months.Per the report, out of 73,257 NFT collectio...
Rolling Stone Calls NFTs “Totally Worthless,” Sparks Diverse Community Reaction

Ethereum Price Prediction: ETH Falls 1% Overnight – When is the Next Bounce?

Ethereum Price Prediction: ETH Falls 1% Overnight – When is the Next Bounce? The Ethereum price has dropped by 1% in the past hour and by 2% in the past 24 hours, as the market's biggest altcoin continues to be affected by the delay of the Holesky testnet launch.And while the market as a whole is down today, ETH seems to be more affected than many other major cryptocurrencies, with the altcoin also down by 1.7% in a week and by 4% in a month, at $1,591.However, ETH also remains up by 33% sin...
Ethereum Price Prediction: ETH Falls 1% Overnight – When is the Next Bounce?

JPEX Floats "DAO Stakeholder Dividend Plan" for Users as Authorities Block Access to Exchange

JPEX Floats "DAO Stakeholder Dividend Plan" for Users as Authorities Block Access to Exchange In response to the ongoing HK$1.3 billion scandal in which Hong Kong police have asked telecom service providers to block access to JPEX's website, resulting in the arrest of three additional individuals suspected of conspiracy, JPEX has put forth a new dividend plan for its investors.The investigation into JPEX by the police was prompted by a recent warning from the SFC, which highlighted that cryp...
JPEX Floats

Shiba Inu Price Prediction as $100 Million Trading Volume Comes In – Are Whales Buying or Selling?

Shiba Inu Price Prediction as $100 Million Trading Volume Comes In – Are Whales Buying or Selling? The price of Shiba Inu (SHIB) has dipped to $0.00000727 today, dropping by 0.5% as the wider cryptocurrency market falls by 1.2% in the past 24 hours.SHIB is now flat in the last seven days but down by 9% in the past month, with the famous meme token also down by 10% since the beginning of the year (whereas many major tokens are up since January).The coin's movements today comes as its 24-hour ...
Shiba Inu Price Prediction as $100 Million Trading Volume Comes In – Are Whales Buying or Selling?
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