Mining Blog & Mining News

Blog • 25 October 2023, Wednesday, 03:00

Bitcoin Price Prediction: BTC's Bullish Dance Aiming for $36,500 Amid Overbought Alerts

Bitcoin Price Prediction: BTC's Bullish Dance Aiming for $36,500 Amid Overbought Alerts In the midst of overbought signals, Bitcoin price shows no signs of slowing down as it remains on a bullish trajectory, with technical indicators predicting a target of $36,500. Join us as we delve into the factors driving this surge and explore the potential implications for investors. Bitcoin Price UpdateBitcoin, the renowned digital gold of the cryptocurrency world, has presented an intriguing play on...

Blog • 25 October 2023, Wednesday, 01:00

BlockFi Clients Can Now Submit Withdrawal Requests as Bankruptcy Plan Takes Effect

BlockFi Clients Can Now Submit Withdrawal Requests as Bankruptcy Plan Takes Effect The US-based crypto lending company BlockFi has emerged from bankruptcy, allowing clients to begin the process of withdrawing their assets. This development comes nearly 11 months after BlockFi was caught in the turbulence of the cryptocurrency industry, triggered by the disastrous collapse of FTX. BlockFi’s Bankruptcy Plan Takes EffectBlockFi has announced that it is winding down operations and returning crypto a...

Blog • 24 October 2023, Tuesday, 23:00

Chinese Energy Giant PetroChina Sets New Precedent with e-CNY Crude Oil Deal

Chinese Energy Giant PetroChina Sets New Precedent with e-CNY Crude Oil Deal In a historical first, PetroChina – a Chinese-state-owned oil and gas company – has officially completed its first international crude oil trade using the digital yuan (e-CNY).The Shanghai Petroleum and Natural Gas Exchange (SHPGX) announced the transaction on Friday, confirming that PetroChina has bought 1 million barrels of oil. The identity of the seller and the exact yuan-based value of the deal were not disclosed, ...

Blog • 24 October 2023, Tuesday, 21:00

Beleaguered Binance Loses Another Chief Executive From its UK Office – What’s Going On?

Beleaguered Binance Loses Another Chief Executive From its UK Office – What’s Going On? Binance’s UK chief Jonathan Farnell who is also the CEO of a subsidiary Bifinity, has resigned from the company, adding to a slew of executive departures in recent times.His departure comes a week after the world’s largest crypto exchange announced suspending new customer registrations in the UK, following a crackdown on crypto promotions from the country’s regulator the Financial Conduct Authority (FCA).Bina...

Blog • 24 October 2023, Tuesday, 19:00

TradFi Continued Interest in Crypto Shows It Is No Longer a Fad: CFTC Commissioner

TradFi Continued Interest in Crypto Shows It Is No Longer a Fad: CFTC Commissioner Cryptocurrency investing is rapidly breaking into mainstream financial consciousness, according to pro-crypto Commodity Futures Trading Commission (CFTC) Commissioner Summer Mersinger.Making her thoughts heard in a special appearance on CoinDeskTV, Mersinger noted that crypto trading is no longer a fad. According to her, several government regulators viewed cryptocurrencies as a hot topic that would fizzle out wit...

Blog • 24 October 2023, Tuesday, 17:00

Best Crypto to Buy Now October 24 – Mina Protocol, Conflux, Filecoin

Best Crypto to Buy Now October 24 – Mina Protocol, Conflux, Filecoin The crypto market is heating up, with Bitcoin surpassing $35,000 for the first time since May 2022. As prices climb, investors are searching for the best crypto projects to buy now amid the bullish momentum. Experts are analyzing both established coins with sound fundamentals as well as up-and-coming crypto presales for their growth potential. Top contenders for the best cryptos to buy now include blockchain leaders Mina Protoc...

Blog • 24 October 2023, Tuesday, 15:00

Solana's Marinade Finance Acts Swiftly to Ensure FCA Compliance, Blocks UK Access

Solana's Marinade Finance Acts Swiftly to Ensure FCA Compliance, Blocks UK Access Marinade Finance, the largest decentralized finance (DeFi) protocol on the Solana blockchain, is blocking users in the United Kingdom from accessing its platform over "compliance concerns."The concerns are related to newly introduced regulations from the UK’s regulator, the Financial Conduct Authority (FCA).Upon accessing Marinade Finance’s website from the UK, users are now met with the following warning mess...

Blog • 24 October 2023, Tuesday, 13:00

Grayscale Investments Partners with FTSE Russell to Roll Out Crypto Sector Index Series

Grayscale Investments Partners with FTSE Russell to Roll Out Crypto Sector Index Series Today, Grayscale Investments announced a partnership with the UK-based global index provider FTSE Russell to introduce the FTSE Grayscale Crypto Sector Index Series. The index hopes to bring clarity to the fast-growing, yet often misunderstood crypto asset market by offering a structured framework for measuring the performance of different digital assets.The Framework: Identifying Five Distinct SectorsThe FTS...

Blog • 24 October 2023, Tuesday, 11:00

eTukTuk: A Sustainable Journey Powered by TUK - 50x Potential With Just Three Days at Current Price

eTukTuk: A Sustainable Journey Powered by TUK - 50x Potential With Just Three Days at Current Price Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.eTukTuk is on the road to creating a sustainable journey powered by its $TUK token innovation, and investors increasingly believe it has 50x potential.$TUK has raised over $135,000 in its presale so far, demonstrating the building momentum behind this sustainability project.eTukTuk intends to bring E...

Blog • 24 October 2023, Tuesday, 09:00

Centralized Exchanges Record Net Outflows as Bitcoin Price Inches Near $35,000

Centralized Exchanges Record Net Outflows as Bitcoin Price Inches Near $35,000 The surge in the price of Bitcoin (BTC) has led to a change in investors' sentiment towards the market sparking different calls from market players not recorded in months.Data from on-chain analytics firm CoinGlass show high net outflows from centralized digital asset exchanges as the price briefly hit $35,000 before making a slight decline below the mark.The recent asset movement points to a new bullish sentiment...

Blog • 24 October 2023, Tuesday, 07:00

Former Israeli Military Intel Personnel Launch New Crypto Firm Blockaid with $33 Million in Funding – What Does it Do?

Former Israeli Military Intel Personnel Launch New Crypto Firm Blockaid with $33 Million in Funding – What Does it Do? Web3 security company Blockaid said it has emerged from stealth with $33 million in funding to protect users from fraud, phishing, and hacks. The company, founded in September 2022, concluded its series A funding round, bringing the total raised to $33 million, led by Ribbit Capital and Variant, with participation from Cyberstarts, Sequoia Capital, and Greylock Partners," it sai...

Blog • 24 October 2023, Tuesday, 05:00

Spot Bitcoin ETF Hype Rally Weekly Inflows To $66 Million, Investors Remain Bullish on Solana: Report

Spot Bitcoin ETF Hype Rally Weekly Inflows To $66 Million, Investors Remain Bullish on Solana: Report Digital asset investment products notched a fourth week of consecutive inflow with Bitcoin (BTC) recording $55.3million as investors hovered around a spot BTC ETF approval in the United States.A new CoinShares weekly market report shows a renewed interest in digital asset products, a decrease in United States market share, and a rise in assets under management (AUM). After several weeks in the r...

Blog • 24 October 2023, Tuesday, 01:00

Bitcoin Already Hit $38,000 on This Exchange as Flagship Cryptocurrency Resumes Rally

Bitcoin Already Hit $38,000 on This Exchange as Flagship Cryptocurrency Resumes Rally Bitcoin has already breached $38,000 on crypto exchange Bitgamo as the leading cryptocurrency pumps amid optimism around spot exchange-traded fund (ETF).At the time of writing, BTC is trading at $37,682 on Bitgamo, compared to around $34,300 on other major exchanges including Binance and Coinbase. Founded in 2020, Bitgamo has gained notable traction in the crypto market.Just last month, the platform announced t...

Blog • 23 October 2023, Monday, 23:00

DeFi Education Fund, Paradigm File Amicus Brief Supporting James Harper’s appeal against IRS

DeFi Education Fund, Paradigm File Amicus Brief Supporting James Harper’s appeal against IRS DeFi Education Fund (DEF), a crypto research and advocacy group, and crypto investment company Paradigm have filed a separate amicus brief supporting James Harper’s lawsuit against the US Internal Revenue Service (IRS).Paradigm confirmed Friday that the amicus brief urges the Supreme Court to reverse the district court’s decision in the James Harper lawsuit and also argued that the dismissal of Harper’s ...

Blog • 23 October 2023, Monday, 21:00

Bitcoin Prices Climb Over 10% After Federal Court Forces SEC To Reconsider Grayscale ETF Conversion

Bitcoin Prices Climb Over 10% After Federal Court Forces SEC To Reconsider Grayscale ETF Conversion Bitcoin prices rose more than 10% today after a federal appeals court forced the U.S. Securities and Exchange Commission to reevaluate its prior decision to reject Grayscale's attempt to convert its bitcoin trust to a spot exchange-traded fund (ETF). The world's most prominent digital currency flirted with the $35,000 level earlier tonight, according to BTC/USDT Coinbase data provided by T...

Blog • 23 October 2023, Monday, 19:00

California Looks to Cap Crypto ATM Withdrawals to $1,000 Daily to Reduce Scams

California Looks to Cap Crypto ATM Withdrawals to $1,000 Daily to Reduce Scams California is taking decisive action to combat what it perceives as a growing threat of crypto scams. According to a new bill submitted to the State Legislative arm, the government is pushing for a cap on the amount of cash that can be withdrawn from crypto-powered automated teller machines (ATMs).Dubbed the "Digital Financial Asset Transaction Kiosks" bill, the state legislature aims to put the maximum withdrawal amo...

Blog • 23 October 2023, Monday, 17:00

Doctor Pleads Guilty to Bitcoin-Paid Darknet Murder Plot Against Girlfriend

Doctor Pleads Guilty to Bitcoin-Paid Darknet Murder Plot Against Girlfriend A Georgia medical doctor admitted to using Bitcoin to pay someone $16,000 on the dark web in an attempt to kill his girlfriend, according to the US Attorney's Office, Northern District of Georgia.On October 17, Dr. James Wan, 54, pleaded guilty in Atlanta federal court to one count of using a facility of interstate commerce in the commission of murder-for-hire, the US Attorney's Office announced in a news release...

Blog • 23 October 2023, Monday, 15:00

FinCEN Proposes New Rules that Could Impact Bitcoin's CoinJoin Services Alongside Mixers

FinCEN Proposes New Rules that Could Impact Bitcoin's CoinJoin Services Alongside Mixers The Financial Crimes Enforcement Network (FinCEN) has put forward a notice of proposed rulemaking that could have significant implications for the crypto mixers, including Bitcoin (BTC)'s CoinJoin. If these new rules are implemented, they would classify the mixing of convertible virtual currencies as a "primary money laundering concern," affecting both dedicated tumblers like Tornado Cash and servic...

Blog • 23 October 2023, Monday, 11:00

BlackRock CEO Larry Fink Equates Bitcoin's Future Value to Human Freedom

BlackRock CEO Larry Fink Equates Bitcoin's Future Value to Human Freedom BlackRock CEO Larry Fink shared an optimistic view on Bitcoin last week during a discussion with value investor and Bitcoin enthusiast Mike Alfred. According to Fink, Bitcoin's future value is intrinsically tied to the concept of human freedom. His perspective comes in the wake of BlackRock's spot Bitcoin ETF application with the U.S. Securities and Exchange Commission (SEC) earlier this year.A Profound Connect...

Blog • 23 October 2023, Monday, 09:00

Chimpzee (CHMPZ) is A Meme Coin That Also Helps Animals and The Environment - Presale Selling Out Quickly

Chimpzee (CHMPZ) is A Meme Coin That Also Helps Animals and The Environment - Presale Selling Out Quickly Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.Amidst the plethora of projects in the crypto market primarily motivated by financial gains, there are a variety of other applications with unique potential - with environmental preservation and charity work being a particularly noteworthy idea.Chimpzee (CHMPZ) is a prime example of a crypto pr...

Blog • 23 October 2023, Monday, 07:00

Is Rollbit Crypto Casino Going to Zero? RLB Price Tumbles 22% as Fresh Telegram Gambling Coin Nets $1.5 Million in Investments

Is Rollbit Crypto Casino Going to Zero? RLB Price Tumbles 22% as Fresh Telegram Gambling Coin Nets $1.5 Million in Investments In a tumultuous twist, leading GambleFi token Rollbit (RLB) has retraced -22% in a sudden tumble, leaving some panicked holders asking 'Is Rollbit crypto casino going to zero'? - find out in RLB price analysis.The sudden retracement move comes following the release of a new report entitled 'The House Always Wins' - which explored the fairness and house ed...

Blog • 23 October 2023, Monday, 05:00

Bitcoin Price Prediction: Kiyosaki Eyes $135K BTC Amid USD Woes & Saylor's Success

Bitcoin Price Prediction: Kiyosaki Eyes $135K BTC Amid USD Woes & Saylor's Success As the Bitcoin market continues its unpredictable journey, notable figures and events hint at potential future movements. Currently trading at $30,377, Bitcoin is witnessing a modest rise of 1.50% this Monday. However, a backdrop of a weakening US dollar, as pointed out by economist Peter Schiff's dire warnings of an impending recession and inflationary depression, may have significant implications fo...

Blog • 23 October 2023, Monday, 03:00

Pro-Bitcoin Candidate Javier Milei Heads to Run-off in Argentina’s Presidential Elections

Pro-Bitcoin Candidate Javier Milei Heads to Run-off in Argentina’s Presidential Elections Argentina’s far-right and pro-Bitcoin (BTC) candidate, Javier Milei has failed to clinch victory in the first round of voting trailing biggest rival and Economic Minister Sergio Massa.After 97% of votes cast counted on Sunday, Massa won the first round with 36.6% of votes while Milei trailed in second with 30% of the total 26.3 million votes cast in the polls.Patricia Bullrich, a former security minister ca...

Blog • 23 October 2023, Monday, 01:00

Bitcoin ATM Scams On The Rise, Leaving Victims Defrauded of Thousands of Dollars

Bitcoin ATM Scams On The Rise, Leaving Victims Defrauded of Thousands of Dollars Bitcoin (BTC) ATM scams are becoming increasingly prevalent, resulting in unsuspecting users losing substantial sums of money. In a recent such incident, Jim Meduri of San Jose received a phone call from an individual posing as his son, who claimed that he had been involved in a car accident, as reported by The Los Angeles Times.The scammers impersonated a defense attorney and a courthouse clerk, fabricating a story...

Blog • 22 October 2023, Sunday, 23:00

Rise in Number of French Stores Accepting Bitcoin

Rise in Number of French Stores Accepting Bitcoin A growing number of French stores are accepting Bitcoin as a form of payment – ranging from large shopping malls to traditional restaurants.The fast-growing group now includes Bouchon-comptoir Brunet, a Lyon-based bouchon – a type of eatery specific to the Lyon area.The restaurant became the first in the city to accept BTC as a form of payment in 2021.It now has a dedicated Bitcoin section on its website, comprising a rationale for using BTC from...

Blog • 22 October 2023, Sunday, 21:00

Gaming Giant Integrates Ripple (XRP); Investor Appetite for Klaytn (KLAY) & InQubeta (QUBE) Grows

Gaming Giant Integrates Ripple (XRP); Investor Appetite for Klaytn (KLAY) & InQubeta (QUBE) Grows The rapid evolution of the crypto landscape has recently taken another exciting turn, as gaming giant Roblox has expanded its payment options by integrating Ripple (XRP). While this significant partnership hints at the increasing mainstream acceptance of top crypto coins, two other top altcoins – Klaytn (KLAY) and InQubeta (QUBE) are garnering significant traction in the crypto community.InQubet...

Blog • 22 October 2023, Sunday, 19:00

As SEC Slows Down BNB and XRP, NUGX Shows Why Emerging Altcoins Are The Future

As SEC Slows Down BNB and XRP, NUGX Shows Why Emerging Altcoins Are The Future TLDR Binance Coin and Ripple face regulatory challenges, leading to price declines and investor uncertainty.NuggetRush emerges as a utility-rich meme coin in gaming and NFTs, making it an attractive investment.NuggetRush offers a unique GameFi model and a presale opportunity, drawing interest from investors looking for alternative investments amid regulatory concerns.Binance Coin (BNB) and Ripple (XRP) have been cling...

Blog • 22 October 2023, Sunday, 13:00

Security Concerns Prompt Bitcoin Core Developer to Leave Lightning Network

Security Concerns Prompt Bitcoin Core Developer to Leave Lightning Network Antoine Riard, a security researcher and developer, has announced his departure from the Lightning Network's development team, citing security issues and challenges that pose a threat to the Bitcoin (BTC) ecosystem. In a discussion on the Linux Foundation's public mailing list, Riard expressed concerns about a new class of replacement cycling attacks, which have put the Lightning Network in a dangerous position.Th...

Blog • 22 October 2023, Sunday, 07:00

Bitcoin Dominance Reaches Over 49%, Highest in 2 Years – What’s Going On?

Bitcoin Dominance Reaches Over 49%, Highest in 2 Years – What’s Going On? Bitcoin (BTC)'s dominance in the cryptocurrency market has surpassed 49%, reaching its highest level in more than two years.According to data from CoinGecko, Bitcoin's dominance currently stands at 49.58%, almost three times the dominance of Ethereum (ETH), the second-largest crypto by market cap, which sits at around 16.7%.This steady increase in dominance, starting from around 38% at the beginning of the year, si...

Blog • 22 October 2023, Sunday, 01:00

Bitcoin Price Prediction as $10 Billion Sends BTC Above $30,000 Resistance – New Bull Market Officially Starting?

Bitcoin Price Prediction as $10 Billion Sends BTC Above $30,000 Resistance – New Bull Market Officially Starting? Bitcoin, the pioneering digital asset, has once again captured global attention as it surges past the formidable $30,000 resistance level. A colossal inflow of $10 billion has catalyzed this rally, signifying renewed confidence from institutional and retail investors alike. With this significant breach of resistance, market analysis is heralding the onset of a fresh bull market cycle...

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