Mining Blog & Mining News

Blog • 02 September 2023, Saturday, 20:50

XRP Price Prediction as $0.50 Support Level is Breached – Will XRP Keep Falling?

XRP Price Prediction as $0.50 Support Level is Breached – Will XRP Keep Falling? In the ever-evolving world of cryptocurrencies, Ripple (XRP) finds itself at a pivotal juncture. Having breached the crucial $0.50 support level, market enthusiasts and traders alike are wondering if XRP's descent will continue or if a resurgence is on the horizon. As of today, XRP is trading at a nail-biting $0.497. Despite the slight uptick of around 1% over the last 24 hours, there's palpable concern in t...

Blog • 02 September 2023, Saturday, 16:10

Ripple Objects to SEC's Appeal of Ruling on Crypto as Non-Security

Ripple Objects to SEC's Appeal of Ruling on Crypto as Non-Security Ripple Labs has objected to the Securities and Exchange Commission's (SEC) request to appeal a federal judge's ruling that the XRP token is not a security when sold to the public. On Friday, Ripple filed a request with US District Judge Analisa Torres in New York, urging her to deny the SEC's plea, according to a report from Bloomberg. The company argued that the SEC is hastily seeking an appeal on a legal questi...

Blog • 02 September 2023, Saturday, 09:30

Crypto Venture Capital Firm Paradigm CFO and General Counsel to Leave this Month – What's Going On?

Crypto Venture Capital Firm Paradigm CFO and General Counsel to Leave this Month – What's Going On? Chief Financial Officer (CFO) and General Counsel at crypto venture capital firm Paradigm are set the leave the company this month.Nathan Apsel, CFO of Paradigm, and Reena Jashnani-Slusarz, the company's General Counsel, are expected to depart by mid-September, according to an internal email from the company. The email detailed that the departure of Apsel and Jashnani-Slusarz comes after ...

Blog • 02 September 2023, Saturday, 08:10

Crypto Regulation: Binance Australia's General Manager Ben Rose Provides Perspective on Digital Asset Laws

Crypto Regulation: Binance Australia's General Manager Ben Rose Provides Perspective on Digital Asset Laws During an interview at the Intersekt Fintech conference in Melbourne, Australia, on August 31, Ben Rose, General Manager of Binance Australia, expressed strong confidence in the ability of Australian regulators to make informed decisions regarding digital asset regulations in the country.Rose's optimism contrasts with the recent challenges and regulatory scrutiny faced by Binance A...

Blog • 02 September 2023, Saturday, 04:00

Infamous Chisel Targets Android Crypto Wallets, Raising Security Concerns

Infamous Chisel Targets Android Crypto Wallets, Raising Security Concerns Infamous Chisel, a new malware, is attacking crypto wallets on Android devices, posing serious security concerns for crypto users. The malware was discovered to be extracting sensitive data via the Tor network. While there is no confirmation, the malware is suspected to be the work of Sandworm, a Russian agency. The Functioning of Infamous ChiselInfamous Chisel focuses on crypto-related apps like Brave Browser, Coinbase, a...

Blog • 01 September 2023, Friday, 23:10

Best Crypto to Buy Now September 1 – Maker, Toncoin, Tron

Best Crypto to Buy Now September 1 – Maker, Toncoin, Tron U.S. employers added more jobs than expected last month, according to the monthly employment report released Friday by the Labor Department.The report showed nonfarm payrolls rose by 187,000 in August, exceeding economists' consensus estimate of 170,000. The unemployment rate held steady at 3.7%.Considering the current job market dynamics, what are the best cryptos to buy now?The stronger-than-forecast jobs growth could impact the Fed...

Blog • 01 September 2023, Friday, 23:00

Biggest Crypto Gainers Today on DEXTools – PARROT, ANUBIS, SOJU

Biggest Crypto Gainers Today on DEXTools – PARROT, ANUBIS, SOJU Bitcoin exchange inflows have reached one-month highs according to data from Glassnode, signaling increasing selling pressure as the price of Bitcoin has fallen below $26,000.The one-day moving average of bitcoin's exchange net flow reached $9.75 million on August 16, marking the highest level seen in the past month.Glassnode also reported that the amount of bitcoin sent to exchanges recently hit a 4-month high of approximately ...

Blog • 01 September 2023, Friday, 22:30

Robinhood Agrees $600 Million Buyback of Seized Sam Bankman-Fried HOOD Stake From US Marshal Service

Robinhood Agrees $600 Million Buyback of Seized Sam Bankman-Fried HOOD Stake From US Marshal Service On August 30, Robinhood entered into a $605.7 million (HOOD) share buyback agreement with the US Marshal Service (USMS) to reclaim shares formerly held by Same Bankman-Fried (SBF) through Emergent Fidelity Technologies.At the beginning of this year, the US government took possession of the 55 million HOOD shares owned by Bankman-Fried and Gary Wang, co-founders of FTX, through their holding compa...

Blog • 01 September 2023, Friday, 21:30

From Real-Time AI Signals to Advanced Analytics: YPRED Offers Unbeatable Market Advantages

From Real-Time AI Signals to Advanced Analytics: YPRED Offers Unbeatable Market Advantages As traders and investors grapple with market unpredictability, yPredict, a project currently under development, is preparing to offer a blend of traditional and modern analytical tools. The project has raised an initial $3.69 million for its native token, $YPRED, and is setting the stage for beta releases in late 2023 and full releases in 2024. yPredict promises to assist market participants in making more...

Blog • 01 September 2023, Friday, 20:40

Specialists Depart Market-Making Crypto Firm Jump Crypto to Launch Douro Labs – Here's What You Need to Know

Specialists Depart Market-Making Crypto Firm Jump Crypto to Launch Douro Labs – Here's What You Need to Know Jump Trading’s digital asset unit, Jump Crypto, appears to be scaling back after a handful of the company's specialists fled to start building a separate blockchain project.Former company employees including Mike Cahill, Jayant Krishnamurthy and Ciaran Cronin have now co-founded Douro Labs, where they and six other former members of Jump’s crypto team are helping develop the Pyth...

Blog • 01 September 2023, Friday, 19:50

No Internet, No Problem: This New Crypto Startup Brings Bitcoin to Local Mesh Networks

No Internet, No Problem: This New Crypto Startup Brings Bitcoin to Local Mesh Networks In a world increasingly reliant on internet connectivity, a Florida-based startup is breaking new ground by enabling Bitcoin (BTC) Lightning Network transactions even when there's no access to the web.The company, called LNMesh, leverages local "mesh networks" to facilitate Bitcoin payments offline, crypto news outlet Decrypt reported on Thursday.The idea behind LNMesh is to address scenarios where traditi...

Blog • 01 September 2023, Friday, 19:40

Bitcoin Price Prediction as BTC Drops 4.6% – Time to Buy the Dip?

Bitcoin Price Prediction as BTC Drops 4.6% – Time to Buy the Dip? In recent developments, the ever-volatile Bitcoin price has witnessed a 4.6% dip, prompting investors and market enthusiasts to question: Is this the opportune moment to buy the dip? As of now, Bitcoin is priced at $25,619, with an impressive 24-hour trading volume of $18.8 billion. Retaining its top position on CoinMarketCap, Bitcoin boasts a live market capitalization of nearly $499 billion. The cryptocurrency currently has 19,4...

Blog • 01 September 2023, Friday, 19:20

IOTA Price Prediction as $10 Million Trading Volume Comes In – Are Whales Buying?

IOTA Price Prediction as $10 Million Trading Volume Comes In – Are Whales Buying? IOTA's price landscape is becoming increasingly intriguing. As of today, IOTA stands at $0.162407, marking a modest increase of 0.63% within the past 24 hours. With a significant trading volume of $14,380,606, speculations about potential whale investments are rife.CoinMarketCap ranks IOTA at #71, and with a consistent circulating and maximum supply of 2,779,530,283 MIOTA coins, its current market capitalizatio...

Blog • 01 September 2023, Friday, 18:10

Ron DeSantis' Crypto Campaign Donations Delayed by Hurricane

Ron DeSantis' Crypto Campaign Donations Delayed by Hurricane Florida Governor Ron DeSantis, who had been planning to announce the acceptance of crypto contributions for his 2024 presidential campaign, was forced to delay the initiative due to the approach of Hurricane Idalia.The hurricane made landfall in Florida on August 30, prompting DeSantis to focus on emergency preparations and responses rather than campaign events.Among other things, the Governor has spent his time visiting victims a...

Blog • 01 September 2023, Friday, 18:00

Is It Too Late to Buy Rollbit Coin? RLB Price Spikes Up 15% and Launchpad Raises $1.5 Million

Is It Too Late to Buy Rollbit Coin? RLB Price Spikes Up 15% and Launchpad Raises $1.5 Million Rollbit Coin (RLB) has been on an epic run since July, surging over 800% in a little over a month to post an all-time high of $0.2131 on August 2.However, after this parabolic ascent, gravity has taken hold as RLB has cooled off and entered a period of consolidation.For the past two weeks, the price has been rangebound, bouncing between support and resistance as it digests its massive gains.Revisiting t...

Blog • 01 September 2023, Friday, 17:50

Creditors Accuse Crypto Lender Genesis of Vote Buying as Bankruptcy Proceedings Continue

Creditors Accuse Crypto Lender Genesis of Vote Buying as Bankruptcy Proceedings Continue Creditors of crypto lender Genesis and its parent company the Digital Currency Group (DCG) have opposed a proposed settlement deal leveling accusations of voter manipulation.According to a filing on Aug. 31, creditors including digital asset exchange Gemini have criticized the proposal as an attempt to “manipulate” the bankruptcy procedure to favour a group of creditors.This year, Genesis Global Capital file...

Blog • 01 September 2023, Friday, 15:10

Today in Crypto: 5-Country Joint Advisory Report Warns About Russian Malware Targeting Crypto Users, IBM Shares 5 Points for Success of Digital Euro

Today in Crypto: 5-Country Joint Advisory Report Warns About Russian Malware Targeting Crypto Users, IBM Shares 5 Points for Success of Digital Euro Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._Security newsA joint advisory report by several agencies from the UK, USA, Canada, New Zealand, and Australia warned that the Russian Infamous Chisel malware is being used to target crypto wallet and...

Blog • 01 September 2023, Friday, 14:50

China Court Classifies Digital Assets As Property Despite Blanket Ban By Government

China Court Classifies Digital Assets As Property Despite Blanket Ban By Government A People’s Court in China has stated that under the existing legal framework, digital assets have economic value and are still legal property backed by law.In a recently published report cited by local media analyzing the legality of cryptocurrencies, the court highlighting the criminal law attributes of virtual assets concluded that the assets maintain their attributes as legal property.Per the report, the court...

Blog • 01 September 2023, Friday, 14:10

Ethereum Price Prediction as Bears Push ETH Down to $1,600 Level – More Pain on the Way?

Ethereum Price Prediction as Bears Push ETH Down to $1,600 Level – More Pain on the Way? The cryptocurrency market is experiencing waves of volatility, with Ethereum at the forefront of this turbulence. Currently trading at $1,644, Ethereum has seen a 3.72% decline in the last 24 hours, pushing its market cap to approximately $197.67 billion. This bearish movement, reflected in its trading volume of $6.4 billion, raises concerns about the potential for more losses. As Ethereum holds its position...

Blog • 01 September 2023, Friday, 14:00

Brazilian Football Legend Ronaldinho Denies Crypto Scam Accusations

Brazilian Football Legend Ronaldinho Denies Crypto Scam Accusations Retired Brazilian soccer star Ronaldinho Gaucho has denied accusations of involvement in a cryptocurrency pyramid scheme bearing his name.On Thursday, the soccer star, whose real name is Ronaldo de Assis Moreira, appeared before a group of lawmakers at a congressional hearing to address these serious allegations.He categorically denied any association with the company implicated in the fraudulent activities, known as 18k Ronaldi...

Blog • 01 September 2023, Friday, 12:30

Defying Bearish Trends: Optimism, Injective & Borroe Soars Skyward

Defying Bearish Trends: Optimism, Injective & Borroe Soars Skyward Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.Injective (INJ) has shown signs of a strong bullish trend powered by multiple network upgrades and developments. Elsewhere, Optimism (OP) has taken strategic steps to enhance its network functionality expected to support a major bullish trend in the long term. But, Borroe ($ROE) investors are already reaping huge profits while t...

Blog • 01 September 2023, Friday, 12:20

Bitcoin's Decline Continues for Second Month Despite Grayscale Ruling

Bitcoin's Decline Continues for Second Month Despite Grayscale Ruling The price of Bitcoin (BTC) ended down for the second consecutive month yesterday, despite bullish news that a spot Bitcoin exchange-traded fund (ETF) could be coming soon.For August as a whole, the BTC price ended down just over 11%, from around $29,200 at the beginning of the month to 25,900 at the end of the month.Notably, the price remained relatively stable in a trading range between $26,000 and $26,500 for the second...

Blog • 01 September 2023, Friday, 12:10

Oprah and The Rock Accept Bitcoin Donations For Maui Fire Victims – Here’s the Latest

Oprah and The Rock Accept Bitcoin Donations For Maui Fire Victims – Here’s the Latest The People’s Fund of Maui, a charity organization rolled out by celebrities Oprah Winfrey and Dwayne “The Rock” Johnson to aid victims of wildfires in Maui accepts Bitcoin (BTC) and other cryptocurrencies.The fund launched to provide direct financial support to the community has seen the crypto community participate in multiple relief efforts. According to The Rock, 100% of funds raised will go directly to disp...

Blog • 01 September 2023, Friday, 11:50

XELON Meme Coin Surges 1,000% After Going Viral and Crypto Gurus Say This in the Next Crypto to Explode

XELON Meme Coin Surges 1,000% After Going Viral and Crypto Gurus Say This in the Next Crypto to Explode The price of new meme token XELON has surged by 110% in the past 24 hours, with its ascent to $0.000005259 marking a gain of more than 1,000% since listing on Uniswap a couple of days ago.This makes it one of the best-performing new coins in the market, with its use of Elon Musk- and Twitter-related memes helping it to go viral on social media.However, 2023 has taught us that new meme tokens w...

Blog • 01 September 2023, Friday, 11:10

Is Pepe Coin Going to Zero? PEPE Price Plummets 25% in 7 Days as Meme Coin Experts Shift to This New Coin Before it Lists on Exchanges

Is Pepe Coin Going to Zero? PEPE Price Plummets 25% in 7 Days as Meme Coin Experts Shift to This New Coin Before it Lists on Exchanges The price of Pepe Coin (PEPE) has declined by 5% in the past 24 hours, dropping to $0.000000818339 as the cryptocurrency market as a whole falls by 3% within the same timeframe.PEPE is now down by 8.5% in a week and by more than 25% in the past fortnight, with the meme token also having fallen by 35% in a month and by 81% since reaching an all-time high of $0.000...

Blog • 01 September 2023, Friday, 10:40

Adidas Unveils NFT Artist Residency with Plans for Physical Collaborations

Adidas Unveils NFT Artist Residency with Plans for Physical Collaborations Adidas /// Studio has announced its very own residency program for "Web3-powered" digital artists. Also known as the Three Stripes Studio, the streetwear giant stated that the debut 'RESIDENCY by adidas' program is "poised to welcome a diverse array of digital artists hailing from across the globe."The program's aim is to foster creativity and innovation, as well as to provide a "creative pathway" for digital ...

Blog • 01 September 2023, Friday, 10:20

ApeCoin Price Prediction as APE Falls Below $1.50 – Here are Key Levels to Watch

ApeCoin Price Prediction as APE Falls Below $1.50 – Here are Key Levels to Watch The ApeCoin price has dropped by 3% in the past 24 hours, with its fall to $1.43 coming as the cryptocurrency market slides in the wake of another Bitcoin ETF application delay.APE is now up by 1% in a week but down by 7% in a fortnight and by 21% in the last 30 days, with the altcoin also down by 60% since the beginning of the year (in contrast to many major cryptocurrencies, which are up across the year-to-date).H...

Blog • 01 September 2023, Friday, 09:00

Bitcoin Price Prediction: Grayscale Win Fuels US Innovation Amid ETF Delays

Bitcoin Price Prediction: Grayscale Win Fuels US Innovation Amid ETF Delays Bitcoin's price landscape remains dynamic and ever-evolving. As the cryptocurrency is currently trading at $26,081, marking a over 4% decline on Friday, the backdrop presents a mix of challenges and opportunities. A landmark court decision favoring Grayscale has emerged as a beacon of hope, propelling avenues for Bitcoin innovation within the United States. Legal expert Vivek Ramaswamy underscores the significance of...

Blog • 01 September 2023, Friday, 08:20

French Data Watchdog Conducts 'Inspections' at Worldcoin's Office in Paris

French Data Watchdog Conducts 'Inspections' at Worldcoin's Office in Paris France's data watchdog, CNIL, made an unannounced visit to the office of Worldcoin in Paris this week, intensifying the scrutiny surrounding the cryptocurrency project's controversial privacy practices.The surprise inspection took place at Worldcoin's Orb center, a facility where individuals' irises are scanned to grant access to the platform's crypto services, according to two employees...

Blog • 01 September 2023, Friday, 08:10

Shiba Inu & Shibarium Boost; AI Crypto Presale's Prospective Rise

Shiba Inu & Shibarium Boost; AI Crypto Presale's Prospective Rise Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.Cryptocurrencies continue to shine in the limelight, with Shiba Inu and its innovative layer-2 network, Shibarium, making headlines. But even amidst this frenzy, a new ICO is vying for attention in the crypto arena: InQubeta (QUBE). How does this AI-focused altcoin fit into the expansive world of cryptos, and could it be the...

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