Mining Blog & Mining News

Blog • 02 November 2023, Thursday, 13:00

Is It Too Late to Buy Near Protocol? NEAR Price Skyrockets 37% as Emerging Telegram Crypto Casino Raises $1.6 Million

Is It Too Late to Buy Near Protocol? NEAR Price Skyrockets 37% as Emerging Telegram Crypto Casino Raises $1.6 Million Near Protocol has exploded as social media posts tease an upcoming announcement, sending NEAR price on a +37% skyrocket – is it too late to buy Near protocol. A fresh cryptic tweet on the Near Protocol X account has teased markets with an impending announcement at NEARCON23 (set for November 7-10 in Lisbon, Portugal). Don't miss some of the biggest open web announcements of ...

Blog • 02 November 2023, Thursday, 11:00

XRP Price Prediction as XRP Reaches $0.60: Is the $1 Mark Within Reach?

XRP Price Prediction as XRP Reaches $0.60: Is the $1 Mark Within Reach? The XRP price has gained by 2% in the past 24 hours, rising above $0.60 on a day when the market as a whole has climbed by 1%. At $0.614565, XRP is now up by 10% in a week and by 27% in the past fortnight, with Ripple’s successes in its case with the SEC this year helping it to gain by 80% since January. Its gains today have followed the Federal Reserve keeping interest rates on hold, while it has also benefitted from the g...

Blog • 02 November 2023, Thursday, 09:00

Deutsche Telekom Becomes Validator of Privacy-Focused Aleph Zero, More to Come

Deutsche Telekom Becomes Validator of Privacy-Focused Aleph Zero, More to Come Privacy-enhancing layer-1 blockchain Aleph Zero has announced Deutsche Telekom’s wholly-owned subsidiary, Deutsche Telekom MMS, as its newest validator. Talking to Cryptonews, execs from the two companies discussed the relevance of supporting blockchains, what it means when a major company does so, what kind of privacy-focused blockchain can lead to wider institutional adoption, and what obstacles stand in the way of ...

Blog • 02 November 2023, Thursday, 07:00

Swiss Bank SGKB Partners with SEBA for Crypto Custody and Trading Services

Swiss Bank SGKB Partners with SEBA for Crypto Custody and Trading Services Switzerland’s fifth largest cantonal bank, St.Galler Kantonalbank (SGKB), has partnered with SEBA Bank to offer custody and trading services for Bitcoin and Ethereum. SGKB announced that the service is initially available to a select group of wealth-management clients at SGKB with future plans to expand the offering to retail customers soon. Christian Bieri, Head of B2B and Custody Solutions at SEBA Bank, said in an inter...

Blog • 02 November 2023, Thursday, 05:00

UK’s National Crime Agency Seeks to Set Up Specialized Team to Combat Cryptocurrency Scams and Fraud

UK’s National Crime Agency Seeks to Set Up Specialized Team to Combat Cryptocurrency Scams and Fraud The United Kingdom’s National Crime Agency (NCA) is taking a proactive stance against the rising threat of cryptocurrency scams and fraud. In response to the increasing attempts by bad actors to deceive crypto investors, the NCA has announced plans to establish a specialized cryptocurrency and virtual assets team dedicated to countering these illicit activities. In a recent post, the NCA said it ...

Blog • 02 November 2023, Thursday, 01:00

MicroStrategy Acquires Additional 155 Bitcoin Worth $5.3 Million in October

MicroStrategy Acquires Additional 155 Bitcoin Worth $5.3 Million in October The prominent business intelligence and software company MicroStrategy reaffirmed its unwavering dedication to Bitcoin with the recent acquisition of an additional 155 BTC at a total cost of $5.3 million. On November 1, MicroStrategy’s chairman and founder, Michael Saylor, revealed that the company acquired an additional 155 bitcoins for $5.3 million in October. This announcement comes at a time when Bitcoin’s price has ...

Blog • 02 November 2023, Thursday, 00:00

Visa Successfully Concludes CBDC Pilot Program in Hong Kong with HSBC and Hang Seng Bank

Visa Successfully Concludes CBDC Pilot Program in Hong Kong with HSBC and Hang Seng Bank Visa, a global leader in payments technology, has announced the successful completion of a pilot test of tokenized deposits using central bank digital currencies (CBDCs). On November 1, Visa announced that it had completed the Hong Kong Monetary Authority’s CBDC pilot program with leading financial institutions, HSBC and Hang Seng Bank, as part of the Hong Kong Monetary Authority’s (HKMA) “Digital Hong Kong ...

Blog • 01 November 2023, Wednesday, 22:00

Number of Russian Crypto Transactions ‘Has Tripled in 2023,’ Says Kremlin

Number of Russian Crypto Transactions ‘Has Tripled in 2023,’ Says Kremlin The Kremlin believes the number of crypto transactions conducted in Russia has risen by three times in 2023, with transfer volumes “doubling.” The claims were made by Yuri Chikhanchin, the head of Rosfinmonitoring, in an interview with the Russian media outlet Izvestia. Formally known as the Federal Financial Monitoring Service, Rosfinmonitoring is a Kremlin-run agency that combats money laundering and terrorism funding in...

Blog • 01 November 2023, Wednesday, 20:00

Best Crypto to Buy Now November 1 – Rollbit, Theta Network, NEO

Best Crypto to Buy Now November 1 – Rollbit, Theta Network, NEO With cryptocurrency markets continuing to see positive momentum, analysts are watching Rollbit Coin (RLB), Theta Network (THETA), Neo (NEO), Bitcoin Minetrix (BTCMTX), and Meme Kombat (MK) as potential prospects for the best crypto to buy now. Rollbit Coin has seen impressive gains over the past week following a prolonged period of consolidation. RLB prices are up by over 39% compared to 7 days prior, trading around $0.236480 as of ...

Blog • 01 November 2023, Wednesday, 18:00

The Solana Price Has Rallied More Than 50% In The Last Week – Here’s Why

The Solana Price Has Rallied More Than 50% In The Last Week – Here’s Why The solana price has climbed sharply this week, rallying over 50% in a matter of days. The cryptocurrency rose to as much as $46.97 around 2:45 p.m. EST, according to Coinbase data provided by TradingView. This price compared to the value of roughly $31.26 it fell to on Saturday, additional TradingView figures show. The chart below depicts these price movements: When explaining these latest price movements, analysts who co...

Blog • 01 November 2023, Wednesday, 17:00

Turkey Aims to Leave FATF Grey List with Proposed Crypto Asset Legislation

Turkey Aims to Leave FATF Grey List with Proposed Crypto Asset Legislation Turkey is taking steps to toughen its crypto regulations in an effort to convince the Financial Action Task Force (FATF), an international financial crime watchdog, to remove it from the “grey list” of countries that have not done enough to combat money laundering and terrorist financing. In a recent address to a parliamentary commission, Turkish Finance Minister Mehmet Simsek said that a new FATF report had found Turkey ...

Blog • 01 November 2023, Wednesday, 15:00

Top Crypto Gainers Today on Uniswap –

Top Crypto Gainers Today on Uniswap – Blue chip cryptocurrencies have been choppy on Wednesday, with the US Federal Reserve just issuing its latest monetary policy decision, in which it decided to leave interest rates unchanged at 5.25-5.5% whilst leaving the door open to further interest rates hikes, should they be required. Bitcoin (BTC) was briefly able to break back to the north of the $35,000 level earlier in the session but was last trading within recent intra-day ranges just above $34,500...

Blog • 01 November 2023, Wednesday, 13:00

Pro-Bitcoin Senator Lummis Explains Why Crypto Is Not The Problem On Terrorist Financing

Pro-Bitcoin Senator Lummis Explains Why Crypto Is Not The Problem On Terrorist Financing U.S. Senator Cynthia Lummis (R-WY) corrected the record on crypto and terror financing on Tuesday after calling for crackdowns on crypto firms supporting sanctioned groups just days earlier. In a post to Twitter, the Bitcoin-supportive politician highlighted how crypto’s share of illicit financial activity worldwide is nearly invisible next to all financial crime put together. “Meticulous reporting by Chaina...

Blog • 01 November 2023, Wednesday, 10:00

Is Axie Infinity Going to Zero? AXS Price Sinks 5.5% as Viral New Meme Coin Raises $1,000,000 – Next Shiba Inu?

Is Axie Infinity Going to Zero? AXS Price Sinks 5.5% as Viral New Meme Coin Raises $1,000,000 – Next Shiba Inu? After 4-days of resistance testing, Axie Infinity’s rally appears to have met rejection from the 200DMA, in a move that could spell disaster as AXS price sinks -5.5%. The downside move can be partially explained by a spike in FUD, stemming from a movement of FTX digital assets onto centralized exchanges including a significant quantity of AXS tokens. UPDATE: FTX/Alameda transferred ~$...

Blog • 01 November 2023, Wednesday, 08:00

Dogecoin Price Prediction as DOGE Drops 3% – Dip-Buying Opportunity?

Dogecoin Price Prediction as DOGE Drops 3% – Dip-Buying Opportunity? The Dogecoin price has dropped by more than 3% today, falling to $0.066361 on a day when the crypto market overall has barely moved in 24 hours. Despite today’s loss, it has gained by 1% in a week and by 12% in a fortnight, although the original meme token is actually down by 57% in the last 12 months. This drop comes as many major tokens (e.g. BTC, ETH, XRP, SOL) have posted good gains since the start of the year, with the Do...

Blog • 01 November 2023, Wednesday, 06:00

Bitcoin Halving 2024 – Everything You Need to Know

Bitcoin Halving 2024 – Everything You Need to Know The 2024 Bitcoin Halving event has been in the cryptocurrency conversation for a while, and has long been earmarked as the event that could help to end the “Crypto Winter” and start the next bull run. But, for many, the Bitcoin Halving 2024 is still a phrase shrouded in mystery. In this post, we explain what a Bitcoin Halving is and look back at previous Bitcoin halving events to help us understand what might happen after the Bitcoin Halving in...

Blog • 01 November 2023, Wednesday, 04:00

Busan City Seeks Operators for the Upcoming Busan Digital Asset Exchange

Busan City Seeks Operators for the Upcoming Busan Digital Asset Exchange South Korea’s Busan city is officially seeking operators for its forthcoming Busan Digital Asset Exchange. According to a notice issued by Busan City and reported by MarsBit news, the selection process for operators for the Busan Digital Asset Exchange is currently underway. Busan Digital Asset Exchange to Have an Operator Next Month The selection process is being overseen by the Busan Digital Asset Exchange Promotion Gro...

Blog • 01 November 2023, Wednesday, 02:00

Crypto Projects Lose $51.6 Million in Attacks, Phishing Scams, and Rug Pulls in October 2023: Beosin

Crypto Projects Lose $51.6 Million in Attacks, Phishing Scams, and Rug Pulls in October 2023: Beosin Beosin’s security monitoring platform, Beosin EagleEye, reported that the crypto industry saw 23 security incidents in October 2023, collectively resulting in a substantial total loss of approximately $51.61 million. These losses were attributed to a trifecta of threats: hacker attacks, phishing scams, and rug pulls. 85% Decrease in Crypto Security Incidents From September As per the report, Oc...

Blog • 01 November 2023, Wednesday, 01:00

Taiwan Police Bust $320 Million Crypto Money Laundering Racket

Taiwan Police Bust $320 Million Crypto Money Laundering Racket Taiwan’s Criminal Bureau’s Electronic Investigation Team busted a major crypto money laundering operation, involving $320 million worth of USDT. The criminal network, led by a merchant named Qiu, spanned multiple countries in Southeast Asia, including Malaysia, Philippines, and Hong Kong. The investigation began last year when the Electronic Investigation Team uncovered a case of fraudulent mobile software linked to Taishin Securitie...

Blog • 31 October 2023, Tuesday, 23:00

NuggetRush Putting Dog Memes Dogecoin, Shiba Inu, and Floki Inu to Shame

NuggetRush Putting Dog Memes Dogecoin, Shiba Inu, and Floki Inu to Shame TLDR The meme coin universe is expanding as a new contender, NuggetRush, takes a unique stance. This new project is topping the charts and overtaking past meme coins, Dogecoin, Shiba Inu, and Floki Inu. NuggetRush offers incredible features centered around gamification. NuggetRush (NUGX) has taken center stage among the meme coins and is set to surpass big players like Dogecoin (DOGE), Shiba Inu (SHIB), and Floki Inu (FLOK...

Blog • 31 October 2023, Tuesday, 21:00

Russian Politicians Want to Ban Private Citizens from Mining Crypto

Russian Politicians Want to Ban Private Citizens from Mining Crypto A senior Russian politician has claimed that lawmakers want to bar private citizens from mining crypto – but will allow industrial miners to operate. The comments came from Anton Tkachev, the Deputy Head of the State Duma’s Committee on Information Policy, Information Technologies, and Communications, in an interview with the Parliamentary Gazette. Tkachev said: “Everything is pointing to the fact that mining will be legalized,...

Blog • 31 October 2023, Tuesday, 19:00

XRP Price Prediction as XRP Jumps 7% and Whale Moves $17 Million in Assets – What’s Going On?

XRP Price Prediction as XRP Jumps 7% and Whale Moves $17 Million in Assets – What’s Going On? XRP (XRP), the cryptocurrency that powers the XRP Ledger launched by US fintech firm Ripple Labs back in 2011, has jumped nearly 8% in the past seven days, with more than 3.5% of these gains coming in the last 24 hours after XRP hit $0.60 for the first time since mid-August on Tuesday. XRP has been in a strong uptrend since finding support at its 200DMA last week, and after breaking above a $0.46-$0.55i...

Blog • 31 October 2023, Tuesday, 17:00

US State Regulators Grant Money Transmitter Licenses to Crypto Startup Bastion

US State Regulators Grant Money Transmitter Licenses to Crypto Startup Bastion Institutional-focused crypto custody firm Bastion has obtained money-transmitter licenses (MTLs) in New Hampshire and Arkansas. 1/ We’re happy to share that we received our first two Money Transmitter Licenses (MTLs) in New Hampshire and Arkansas and can now support fungible assets in both states. pic.twitter.com/ElFMc7vOPp — Bastion (@BastionPlatform) October 31, 2023 Riyaz Faizullabhoy, co-founder of Bastion, told ...

Blog • 31 October 2023, Tuesday, 15:00

Interest in Bitcoin Soars: Wikipedia Page Records Highest Views in Months

Interest in Bitcoin Soars: Wikipedia Page Records Highest Views in Months Online traffic to Bitcoin’s Wikipedia page surged last week, signaling rising public interest in the asset as its price soared to a new yearly high. On October 24, the page registered nearly 13,500 visits – the highest daily count since Bitcoin’s price plummeted below $20,000 in June 2022, according to data from The Block. “Bitcoin’s recent rally and the potential for a spot ETF has people more interested in the asset,” sa...

Blog • 31 October 2023, Tuesday, 13:00

UK Treasury Unveils Crypto Asset Regulatory Framework – Here’s What You Need to Know

UK Treasury Unveils Crypto Asset Regulatory Framework – Here’s What You Need to Know The UK government has issued a comprehensive response to its consultation on crypto asset regulation, unveiling a final regulatory framework based on input from businesses, experts, and significant market events, including the ongoing FTX court case. With these proposals, the UK government is taking significant steps towards its unprecedented goal of encompassing several crypto asset activities within the regula...

Blog • 31 October 2023, Tuesday, 12:00

Do Kwon’s Unreasonable Operations Led to Terraform Collapse: Co-founder Shin Denies Involvement

Do Kwon’s Unreasonable Operations Led to Terraform Collapse: Co-founder Shin Denies Involvement The co-founder of Terraform Labs Daniel Shin has denied involvement in the collapse of the Terra Network pointing fingers at former CEO Do Kwon. Following his trial, reports have made rounds from local news media showing that Shin blames the bad policies of Do Kwon as he was not part of the company before the collapse. Although Shin left the company three years ago, South Korean authorities charged hi...

Blog • 31 October 2023, Tuesday, 10:00

Dogecoin Price Prediction as DOGE Drops Below $0.07 – Time to Buy the Dip?

Dogecoin Price Prediction as DOGE Drops Below $0.07 – Time to Buy the Dip? The Dogecoin price has had an up and down morning, falling to $0.068998 as the wider market also suffers a small dip. This latter price represents a 1.5% loss in 24 hours, although the meme token is still posting a 15% return in a fortnight. But with DOGE falling by 42% in the last 12 months, the altcoin remains oversold and undervalued. This means it remains a good time to buy the dip, with DOGE set to rally again if th...

Blog • 31 October 2023, Tuesday, 08:00

Spain Moves to Adopt MiCA Six Months Before Deadline, Cites Investor Protection: Here’s More

Spain Moves to Adopt MiCA Six Months Before Deadline, Cites Investor Protection: Here’s More Spain has unveiled plans to reduce the transition period before the application of the Markets in Crypto Assets (MiCA) regulation. A recent publication from the government shows a meeting with the first vice president Nadia Calvino and Verena Ross, the President of the European Securities and Market Authority (ESMA) to bring the country’s regulatory framework up to date, beating the deadline by six month...

Blog • 31 October 2023, Tuesday, 07:00

As XDOGE Bolts to New Highs After 500% Pump, This Little Known Crypto Just Hit $2.7 Million

As XDOGE Bolts to New Highs After 500% Pump, This Little Known Crypto Just Hit $2.7 Million Dogecoin spin-off token XDOGE has bolted to new highs following a sensational +500% breakout pump, yet, amid the huge rally another little known crypto is flying high at presale stage following Bitcoin’s resurgence. Recent weeks have seen a huge trend in explosive DEX-launched tokens, with countless moon-shots garnering significant attention, including the ever-popular APX, SAMBO bot, MOONEY, OGGY, REFUN...

Blog • 31 October 2023, Tuesday, 05:00

Spot Bitcoin ETF Could Attract $3B on First Day and Up To $55B Over Five Years: Analysts

Spot Bitcoin ETF Could Attract $3B on First Day and Up To $55B Over Five Years: Analysts Investors have been eagerly anticipating regulatory approval for a spot Bitcoin ETF, which is expected to trigger a fresh wave of institutional demand in the leading cryptocurrency. While estimating the potential cash inflow for such a fund remains a subject of debate among market players, projections range from $3 billion on its first day to a staggering $55 billion over a span of five years, according to a...

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