Mining Blog & Mining News

Blog • 27 July 2023, Thursday, 21:50

Bitcoin Dips as DXY, US Yields Rise on Strong US Economic Data – Here’s Where BTC is Headed Next

Bitcoin Dips as DXY, US Yields Rise on Strong US Economic Data – Here’s Where BTC is Headed Next Bitcoin (BTC) has come under modest sell pressure on Thursday amid a rise in US bond yields and the US Dollar Index (DXY) as a result of stronger-than-expected US economic data.The BTC price was last around $29,100, down nearly 1% on the day, with the bears eyeing a retest of this week’s sub-$29,000 lows.Data on Thursday showed that the annualized quarterly pace of US economic growth unexpectedly ros...

Blog • 27 July 2023, Thursday, 21:40

Bitcoin Dips as DXY, US Yields Rise on Strong US Economic Data – Here’s Where BTC is Headed Next

Bitcoin Dips as DXY, US Yields Rise on Strong US Economic Data – Here’s Where BTC is Headed Next Bitcoin (BTC) has come under modest sell pressure on Thursday amid a rise in US bond yields and the US Dollar Index (DXY) as a result of stronger-than-expected US economic data.The BTC price was last around $29,100, down nearly 1% on the day, with the bears eyeing a retest of this week’s sub-$29,000 lows.Data on Thursday showed that the annualized quarterly pace of US economic growth unexpectedly ros...

Blog • 27 July 2023, Thursday, 21:30

Bitcoin Dips as DXY, US Yields Rise on Strong US Economic Data – Here’s Where BTC is Headed Next

Bitcoin Dips as DXY, US Yields Rise on Strong US Economic Data – Here’s Where BTC is Headed Next Bitcoin (BTC) has come under modest sell pressure on Thursday amid a rise in US bond yields and the US Dollar Index (DXY) as a result of stronger-than-expected US economic data.The BTC price was last around $29,100, down nearly 1% on the day, with the bears eyeing a retest of this week’s sub-$29,000 lows.Data on Thursday showed that the annualized quarterly pace of US economic growth unexpectedly ros...

Blog • 27 July 2023, Thursday, 21:20

Bitcoin Dips as DXY, US Yields Rise on Strong US Economic Data – Here’s Where BTC is Headed Next

Bitcoin Dips as DXY, US Yields Rise on Strong US Economic Data – Here’s Where BTC is Headed Next Bitcoin (BTC) has come under modest sell pressure on Thursday amid a rise in US bond yields and the US Dollar Index (DXY) as a result of stronger-than-expected US economic data.The BTC price was last around $29,100, down nearly 1% on the day, with the bears eyeing a retest of this week’s sub-$29,000 lows.Data on Thursday showed that the annualized quarterly pace of US economic growth unexpectedly ros...

Blog • 27 July 2023, Thursday, 21:10

Bitcoin Dips as DXY, US Yields Rise on Strong US Economic Data – Here’s Where BTC is Headed Next

Bitcoin Dips as DXY, US Yields Rise on Strong US Economic Data – Here’s Where BTC is Headed Next Bitcoin (BTC) has come under modest sell pressure on Thursday amid a rise in US bond yields and the US Dollar Index (DXY) as a result of stronger-than-expected US economic data.The BTC price was last around $29,100, down nearly 1% on the day, with the bears eyeing a retest of this week’s sub-$29,000 lows.Data on Thursday showed that the annualized quarterly pace of US economic growth unexpectedly ros...

Blog • 27 July 2023, Thursday, 21:00

Bitcoin Dips as DXY, US Yields Rise on Strong US Economic Data – Here’s Where BTC is Headed Next

Bitcoin Dips as DXY, US Yields Rise on Strong US Economic Data – Here’s Where BTC is Headed Next Bitcoin (BTC) has come under modest sell pressure on Thursday amid a rise in US bond yields and the US Dollar Index (DXY) as a result of stronger-than-expected US economic data.The BTC price was last around $29,100, down nearly 1% on the day, with the bears eyeing a retest of this week’s sub-$29,000 lows.Data on Thursday showed that the annualized quarterly pace of US economic growth unexpectedly ros...

Blog • 27 July 2023, Thursday, 20:50

Bitcoin Dips as DXY, US Yields Rise on Strong US Economic Data – Here’s Where BTC is Headed Next

Bitcoin Dips as DXY, US Yields Rise on Strong US Economic Data – Here’s Where BTC is Headed Next Bitcoin (BTC) has come under modest sell pressure on Thursday amid a rise in US bond yields and the US Dollar Index (DXY) as a result of stronger-than-expected US economic data.The BTC price was last around $29,100, down nearly 1% on the day, with the bears eyeing a retest of this week’s sub-$29,000 lows.Data on Thursday showed that the annualized quarterly pace of US economic growth unexpectedly ros...

Blog • 27 July 2023, Thursday, 20:40

Bitcoin Dips as DXY, US Yields Rise on Strong US Economic Data – Here’s Where BTC is Headed Next

Bitcoin Dips as DXY, US Yields Rise on Strong US Economic Data – Here’s Where BTC is Headed Next Bitcoin (BTC) has come under modest sell pressure on Thursday amid a rise in US bond yields and the US Dollar Index (DXY) as a result of stronger-than-expected US economic data.The BTC price was last around $29,100, down nearly 1% on the day, with the bears eyeing a retest of this week’s sub-$29,000 lows.Data on Thursday showed that the annualized quarterly pace of US economic growth unexpectedly ros...

Blog • 27 July 2023, Thursday, 20:30

Bitcoin Dips as DXY, US Yields Rise on Strong US Economic Data – Here’s Where BTC is Headed Next

Bitcoin Dips as DXY, US Yields Rise on Strong US Economic Data – Here’s Where BTC is Headed Next Bitcoin (BTC) has come under modest sell pressure on Thursday amid a rise in US bond yields and the US Dollar Index (DXY) as a result of stronger-than-expected US economic data.The BTC price was last around $29,100, down nearly 1% on the day, with the bears eyeing a retest of this week’s sub-$29,000 lows.Data on Thursday showed that the annualized quarterly pace of US economic growth unexpectedly ros...

Blog • 27 July 2023, Thursday, 20:20

Bitcoin Dips as DXY, US Yields Rise on Strong US Economic Data – Here’s Where BTC is Headed Next

Bitcoin Dips as DXY, US Yields Rise on Strong US Economic Data – Here’s Where BTC is Headed Next Bitcoin (BTC) has come under modest sell pressure on Thursday amid a rise in US bond yields and the US Dollar Index (DXY) as a result of stronger-than-expected US economic data.The BTC price was last around $29,100, down nearly 1% on the day, with the bears eyeing a retest of this week’s sub-$29,000 lows.Data on Thursday showed that the annualized quarterly pace of US economic growth unexpectedly ros...

Blog • 27 July 2023, Thursday, 19:10

Executive Director of Wyoming's Stablecoin Project to Earn More Than Governor Mark Gordon

Executive Director of Wyoming's Stablecoin Project to Earn More Than Governor Mark Gordon The US state of Wyoming is seeking to hire an executive director for its new stablecoin project, and the position will pay an annual salary of $150,000, which is $10,000 more than the state’s governor.According to the job post for the position, the executive director will be in charge of carrying out the mission of the Wyoming Stable Token Commission, an entity that was set up following the passing of ...

Blog • 27 July 2023, Thursday, 18:30

North Korea's Lazarus Group Suspected in $37 Million Hack on CoinsPaid

North Korea's Lazarus Group Suspected in $37 Million Hack on CoinsPaid North Korean hackers at the infamous Lazarus Group are suspected to be behind a $37 million attack on crypto payment system CoinsPaid.The attack, which happened on July 22, successfully drained funds from the company’s own reserves, while customer deposits were unaffected, CoinsPaid said in a statement.“We suspect Lazarus Group, one of the most powerful hacker organisations, is responsible,” the company added.In the stat...

Blog • 27 July 2023, Thursday, 18:20

FTX Founder Sam Bankman-Fried Faces Tightened Bail Conditions and Possible Jail in Trial

FTX Founder Sam Bankman-Fried Faces Tightened Bail Conditions and Possible Jail in Trial Sam Bankman-Fried, the founder of now-defunct cryptocurrency exchange FTX, is facing tightened bail conditions and the possibility of jail time as he awaits trial over the collapse of his exchange. At a recent hearing, US District Judge Lewis Kaplan imposed a "gag order" on Bankman-Fried, restricting his ability to communicate publicly, Reuters reported Thursday. The decision came after prosecutors argued th...

Blog • 27 July 2023, Thursday, 18:10

CFA Institute Survey: Chinese and Indian Investment Professionals Show Strong Support for CBDC

CFA Institute Survey: Chinese and Indian Investment Professionals Show Strong Support for CBDC Investment professionals in both China and India are largely bullish on Central Bank Digital Currency (CBDC), according to a new survey from the CFA Institute.The association, which provides credentialing for chartered financial analysts, found that 66% of its members in India and 70% in China supported the technology – vastly more than their United States-based counterparts at merely 31%.The divergenc...

Blog • 27 July 2023, Thursday, 16:50

Investors Seek Stability in Borroe ($ROE) and Monero (XMR) Amid ApeCoin (APE) Doubts

Investors Seek Stability in Borroe ($ROE) and Monero (XMR) Amid ApeCoin (APE) Doubts Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.The cryptocurrency market is known for its exhilarating highs and nerve-wracking lows, with tokens experiencing volatile price fluctuations. As some investors flock to speculative projects in search of quick gains, others are seeking stability and long-term potential in established cryptocurrencies. Among these, Bo...

Blog • 27 July 2023, Thursday, 16:40

BTC20 Rivals Pepe Coin and Bitcoin in Google Trends, Next Crypto to Explode – Raises $3.4m as Sellout Looms

BTC20 Rivals Pepe Coin and Bitcoin in Google Trends, Next Crypto to Explode – Raises $3.4m as Sellout Looms The next crypto to explode, BTC20, rivals Pepe coin and bitcoin in Google Trends search terms data, and for many geographies is outperforming both of them as it blasts past $3.4 million in its presale.In only nine days, BTC20, which runs on the Ethereum blockchain as an ERC-20 token, has raised $3,412,753 million of its $6 million target.Investors are excited about buying ‘Bitcoin on Ether...

Blog • 27 July 2023, Thursday, 16:30

Dogecoin, Tron, and Chainlink Surge On The Charts - But Can They Compare to VC Spectra?

Dogecoin, Tron, and Chainlink Surge On The Charts - But Can They Compare to VC Spectra? Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.Dogecoin (DOGE) is up noticeably in the last 30 days up to July 24. The same goes for Tron (TRX). At the same time, Chainlink has been climbing for the past week up to July 24. LINK may now be settling down on a new price floor. But all of that may be less eye-catching than the new fintech-meets-blockchain proje...

Blog • 27 July 2023, Thursday, 16:20

DigiToads Set To Spearhead Altcoin Season In Upcoming Bull Run, Here's Why

DigiToads Set To Spearhead Altcoin Season In Upcoming Bull Run, Here's Why Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.If analysts are to be believed, then the global crypto market might be in for a bull run soon. Experts have also claimed that this bull rally is likely to be spearheaded by meme coins like DigiToads (TOADS) which has been hitting the headlines regularly with its cutting-edge features. Built on the Ethereum network, Digi...

Blog • 27 July 2023, Thursday, 16:00

InQubeta Staking Offers Superior Yields For DeFi Fans, As 1Inch Network's Fusion Proving Revolutionary

InQubeta Staking Offers Superior Yields For DeFi Fans, As 1Inch Network's Fusion Proving Revolutionary Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.Innovation is the lifeblood that drives progress in the ever-evolving DeFi ecosystem. Among the recent advancements, 1inch Network's Fusion update and InQubeta's unique staking model stand out, both promising to revolutionize the DeFi sector. The Fusion upgrade brings a wealth of bene...

Blog • 27 July 2023, Thursday, 15:50

Web3 Utility Coin LPX Secures $1.2 Million for Trading Alpha – Can it Find the Next Pepe Coin?

Web3 Utility Coin LPX Secures $1.2 Million for Trading Alpha – Can it Find the Next Pepe Coin? When it comes to crypto investments, the hope is obviously always that a coin's price will increase over time. This hope, particularly prevalent for meme coins, comes from an economic principle known as the "Castle in the Air Theory". The theory, introduced by economist John Maynard Keynes, suggests that investors build hypothetical scenarios for potential price increases rather than focusing on in...

Blog • 27 July 2023, Thursday, 15:40

Today in Crypto: BNB Chain Report Shows Web3 Growth Despite Bear Market, Beam Wallet Leveraging Optimism and Base Launches, Binance Withdraws its Crypto License Application in Germany

Today in Crypto: BNB Chain Report Shows Web3 Growth Despite Bear Market, Beam Wallet Leveraging Optimism and Base Launches, Binance Withdraws its Crypto License Application in Germany Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._Blockchain newsBNB Chain released its quarterly Web3 report that examined the monthly percentages of smart contracts verified on seven blockchains, showing growth d...

Blog • 27 July 2023, Thursday, 15:30

Today in Crypto: BNB Chain Report Shows Web3 Growth Despite Bear Market, Beam Wallet Leveraging Optimism and Base Launches, Binance Withdraws its Crypto License Application in Germany

Today in Crypto: BNB Chain Report Shows Web3 Growth Despite Bear Market, Beam Wallet Leveraging Optimism and Base Launches, Binance Withdraws its Crypto License Application in Germany Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._Blockchain newsBNB Chain released its quarterly Web3 report that examined the monthly percentages of smart contracts verified on seven blockchains, showing growth d...

Blog • 27 July 2023, Thursday, 15:20

Today in Crypto: BNB Chain Report Shows Web3 Growth Despite Bear Market, Beam Wallet Leveraging Optimism and Base Launches, Binance Withdraws its Crypto License Application in Germany

Today in Crypto: BNB Chain Report Shows Web3 Growth Despite Bear Market, Beam Wallet Leveraging Optimism and Base Launches, Binance Withdraws its Crypto License Application in Germany Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._Blockchain newsBNB Chain released its quarterly Web3 report that examined the monthly percentages of smart contracts verified on seven blockchains, showing growth d...

Blog • 27 July 2023, Thursday, 15:10

Today in Crypto: BNB Chain Report Shows Web3 Growth Despite Bear Market, Beam Wallet Leveraging Optimism and Base Launches, Binance Withdraws its Crypto License Application in Germany

Today in Crypto: BNB Chain Report Shows Web3 Growth Despite Bear Market, Beam Wallet Leveraging Optimism and Base Launches, Binance Withdraws its Crypto License Application in Germany Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._Blockchain newsBNB Chain released its quarterly Web3 report that examined the monthly percentages of smart contracts verified on seven blockchains, showing growth d...

Blog • 27 July 2023, Thursday, 14:40

Singapore High Court Declares Cryptocurrency as Property that Can Be Held in Trust

Singapore High Court Declares Cryptocurrency as Property that Can Be Held in Trust A recent ruling by Judge Philip Jeyaretnam of the High Court of Singapore surprised the crypto community, as the judge declared that digital currencies are not different than fiat money. The ruling took place on July 25th, and the judge decided that crypto is a form of property eligible for trust status.Singapore Judge Categorizes Cryptos as PropertyThe judge’s stance contradicts the common skepticism toward crypt...

Blog • 27 July 2023, Thursday, 14:10

Is It Too Late to Buy Dogecoin? DOGE Price Shoots Up 10% and AI Crypto Signals Platform yPredict Raises $3.1 Million in Funding

Is It Too Late to Buy Dogecoin? DOGE Price Shoots Up 10% and AI Crypto Signals Platform yPredict Raises $3.1 Million in Funding As the meme coin vertical springs into life, Dogecoin (DOGE) has shot up an impressive +19%, to test topside resistance as the leading coin attempts a recovery rally.This comes in the aftermath of a similarly dramatic pump by Pepecoin (PEPE), which also saw an inticing +17% push up in the past 48 hours.DOGE Price Analysis: Will Dogecoin Recover Pump Smash Resistance?The...

Blog • 27 July 2023, Thursday, 13:20

RFK Jr. Admits Buying Bitcoin for His Children After Attending Miami Conference

RFK Jr. Admits Buying Bitcoin for His Children After Attending Miami Conference Democratic presidential candidate Robert F. Kennedy Jr. has revealed that he has purchased two Bitcoins (BTC) for each of his seven children.During a Twitter Spaces conversation on Wednesday with Scott Melker, the host of The Wolf of All Street podcast, Kennedy revealed that he purchased the tokens in response to criticism he faced for promoting a "volatile commodity" without having any personal stake in it."Right af...

Blog • 27 July 2023, Thursday, 13:00

Bank of Italy's Innovation Hub to Work with Polygon and Fireblocks on DeFi Project

Bank of Italy's Innovation Hub to Work with Polygon and Fireblocks on DeFi Project The Bank of Italy announced a partnership with the Ethereum scaling team Polygon and crypto infrastructure provider Fireblocks to initiate a pilot program aimed at establishing a regulated platform for "institutional DeFi." This collaboration sets a landmark as it involves a G7 Central Bank, financial regulators, and associations of banks working together on a large-scale tokenized asset initiative. The proje...

Blog • 27 July 2023, Thursday, 12:50

Ripple, Solana, And Stellar-based Products Record Massive Institutional Investments As Market Rebounds

Ripple, Solana, And Stellar-based Products Record Massive Institutional Investments As Market Rebounds Institutional investments continue to flow into digital asset-related products in recent weeks following market-swinging wins recorded by Ripple (XRP) and other macroeconomic factors. According to new data from crypto analytics firms CCData, XRP, Solana (SOL), and Stellar (XLM) saw major inflows in most products alongside the market leader, Bitcoin (BTC).XLM-based products spiked by 62.7% this ...

Blog • 27 July 2023, Thursday, 12:30

Spain's A&G Launches New Crypto Fund Under Spanish Law with PwC Oversight

Spain's A&G Launches New Crypto Fund Under Spanish Law with PwC Oversight Spanish private bank A&G has launched Spain’s first locally regulated crypto hedge fund, the firm announced this week.The crypto hedge fund has been registered under the name Criptomonedas, F.I.L., and will be overseen by Spain’s financial markets regulator, Comisión Nacional del Mercado de Valores (CNMV), the announcement said.The firm added that the creation of the fund comes as a consequence of growing interest in ...

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