Mining Blog & Mining News

Blog • 24 July 2023, Monday, 12:55

US Rep. Warren Davidson Criticizes CBDCs, Advocates Permissionless P2P Money Instead

US Rep. Warren Davidson Criticizes CBDCs, Advocates Permissionless P2P Money Instead The United States Republican Representative, Warren Davidson, has reiterated his stance against a government central bank digital currency (CBDC), claiming that they should be banned and criminalized.In response to a job posting, from the San Francisco Federal Reserve Bank, for a “senior crypto architect” to work on a CBDC project, Davidson accused the Fed of “building the financial equivalent of the Death Star....

Blog • 24 July 2023, Monday, 12:25

Solana is Going to Zero as SOL Price Drops 10% in a Week But Evil Pepe Coin Just Raised $500,000 – How to Buy Early?

Solana is Going to Zero as SOL Price Drops 10% in a Week But Evil Pepe Coin Just Raised $500,000 – How to Buy Early? Solana has endured a rough two years of price action after bleeding-out -90% since the previous all-time high (ATH) in November 2021, but as SOL's 2023 recovery rally heads south, could all be over for the major layer-1 blockchain? Find out in this Solana price analysis.Amid a broader resurgence in crypto markets triggered in January, Solana pumped an impressive +147%, driven ...

Blog • 24 July 2023, Monday, 11:45

Stellar Price Prediction as XLM Pumps Up 15% – Here's the Next XLM Target

Stellar Price Prediction as XLM Pumps Up 15% – Here's the Next XLM Target The price of Stellar (XLM) has dropped by 4.5% in the past 24 hours, sliding to $0.148076 following a 1.5% fall for the cryptocurrency market as a whole.XLM's fall today mirrors that of XRP, with both altcoins correcting a little after their rallies from a week and a half ago.Despite its fall today, XLM remains up by 16% in a week and by 63% in the last 30 days, with the altcoin also having risen by just over 100%...

Blog • 24 July 2023, Monday, 11:25

Successful Launch: Arkham Intel Exchange Shows 11 Submissions, Including High-Profile BTC Wallet

Successful Launch: Arkham Intel Exchange Shows 11 Submissions, Including High-Profile BTC Wallet Since its launch on July 10, Arkham, the groundbreaking "blockchain intelligence company," has already received 11 submissions of valuable information from different addresses through the "world's first on-chain intelligence exchange," Arkham Intel Exchange. This impressive response from diverse users signals a promising and stable start for the revolutionary bounty marketplace, where individuals...

Blog • 24 July 2023, Monday, 10:55

McDonald’s Hong Kong Collaborates with The Sandbox to Launch McNuggets Land in Web3

McDonald’s Hong Kong Collaborates with The Sandbox to Launch McNuggets Land in Web3 McDonald's Hong Kong collaborated with The Sandbox to create McNuggets Land, an immersive Web3 experience to commemorate the 40th anniversary of Chicken McNuggets. This virtual world offers users an immersive journey through a hidden factory and a historical tour of the popular chicken snack.McNuggets Land also offers quests and challenges to gamers that stand to win The Sandbox utility token. These tokens ca...

Blog • 24 July 2023, Monday, 10:45

OpenSea-Backed Americana Offers Public Access to Unique 'Phygital' Vaulting System

OpenSea-Backed Americana Offers Public Access to Unique 'Phygital' Vaulting System Vaulting platform Americana, backed by the popular OpenSea NFT marketplace, has launched its concierge vaulting, allowing collectors to store, showcase, and sell both physical and digital assets.On July 21, Americana announced that its vaulting is now open to the public. According to the website, the platform is now accepting applications with up to three of "your favorite collectables."The first year of...

Blog • 24 July 2023, Monday, 10:35

Dogecoin Price Prediction as DOGE Shoots Up After Elon Changes Twitter Name to X – Will DOGE Become Official Payment Option?

Dogecoin Price Prediction as DOGE Shoots Up After Elon Changes Twitter Name to X – Will DOGE Become Official Payment Option? The Dogecoin price has risen by 5% in the past 24 hours, rallying to $0.075537 after Twitter rebranded itself to 'X'.DOGE holders have interpreted the change as a sign that Elon Musk wants to push ahead with his vision for Twitter, which for some means that he will bring cryptocurrency – and Dogecoin – payments to the social network.The rekindling of this expectati...

Blog • 24 July 2023, Monday, 10:05

Nigerian Central Bank Introduces NFC Technology to Boost eNaira Adoption

Nigerian Central Bank Introduces NFC Technology to Boost eNaira Adoption The Central Bank of Nigeria (CBN) remains committed to the central bank digital currency (CBDC) project, despite the recent ousting of the former governor. In a bid to further encourage the adoption of the eNaira and enhance the CBDC mobile app, the central bank has incorporated Near Field Communication (NFC) technology, allowing for convenient and contactless payments, according to a report by local news outlet The Sun. Pr...

Blog • 24 July 2023, Monday, 09:55

Should I Buy Bitcoin? 8 Reasons Bitcoin is a Good Investment in 2023

Should I Buy Bitcoin? 8 Reasons Bitcoin is a Good Investment in 2023 Although Bitcoin is trading 55% below its all-time high, the world's leading cryptocurrency is up 80% year-to-date. But that begs the question - Should you buy Bitcoin in 2023?In this guide, we explore the investment thesis for Bitcoin. We examine its price performance, future prospects, and the key reasons why Bitcoin remains a popular alternative asset. Should You Buy Bitcoin Now? Our VerdictOverall, the investment thesis...

Blog • 24 July 2023, Monday, 09:45

X Meme Token Rockets Up 4,000% After Elon Rebrands Twitter But Crypto Experts Are Accumulating This Other Token Before it Lists on Exchanges

X Meme Token Rockets Up 4,000% After Elon Rebrands Twitter But Crypto Experts Are Accumulating This Other Token Before it Lists on Exchanges Elon Musk is once again pushing crypto sky-high, as quick launch 'X' meme token pumps +4,300% overnight in latest Musk moon-shot.The sensational price move comes following the news that Elon has rebranded Twitter as 'X.com'.Yet while Musk has been busy re-drawing the Twitter logo and re-directing URLs, straight to DEX meme coin makers haven&...

Blog • 24 July 2023, Monday, 09:35

XRP Price Prediction as $1.2 Billion Trading Volume Comes In – Are Whales Buying?

XRP Price Prediction as $1.2 Billion Trading Volume Comes In – Are Whales Buying? The XRP price has dropped by 2.5% in the past 24 hours, falling to $0.719308 as the cryptocurrency market as a whole barely moves.XRP is now down by 4% in the past week, having lost momentum following the rally it enjoyed in the wake of the Ripple-SEC ruling.Nonetheless, the altcoin remains up by 53% in the last 14 days and by just over 110% since the beginning of the year, based largely on increasingly positive ex...

Blog • 24 July 2023, Monday, 08:05

Bitcoin Price Prediction: Bybit CEO Discusses Regulatory Outlook and Market Trends

Bitcoin Price Prediction: Bybit CEO Discusses Regulatory Outlook and Market Trends In cryptocurrency's ever-evolving landscape, Bitcoin's price continues to capture attention as it trades at $29,723, experiencing a slight decrease of nearly 0.50% on Monday.Amidst the dynamic market conditions, regulatory perspectives play a crucial role in shaping the future of crypto. Ben Zhou, the CEO of Bybit, a prominent cryptocurrency exchange, sheds light on the regulatory outlook, emphasizing that...

Blog • 24 July 2023, Monday, 01:15

South Korea’s Hana Bank to Work on CBDC and Stablecoin Alternatives

South Korea’s Hana Bank to Work on CBDC and Stablecoin Alternatives South Korea’s KEB Hana Bank is set to work with the central Bank of Korea (BOK) on the latter’s CBDC pilot and stablecoin alternatives, such as tokenized deposits.Per the newspaper Maeil Kyungjae, Hana Bank is now “actively participating” in the BOK’s ongoing CBDC Proof of Concept project.The newspaper noted that the BOK and Hana will “actively participate in the preparation” of a “currency system based on blockchain technology....

Blog • 23 July 2023, Sunday, 18:45

Nigerian Social Payments App Bundle Ceases Crypto Exchange Services – Here's the Latest

Nigerian Social Payments App Bundle Ceases Crypto Exchange Services – Here's the Latest Nigerian social payments platform Bundle plans to cease its crypto exchange services and instead focus on its peer-to-peer platform Cashlink. In a recent blog post, Bundle said the decision was made by the company's shareholders, who believe that the future lies in payment solutions that cater to the growing Web3 and blockchain community."We will cease operations of its exchange services as part of t...

Blog • 23 July 2023, Sunday, 12:15

InQubeta, IOTA: 2 Projects that will Shape Future of Crypto, AI, and IoT

InQubeta, IOTA: 2 Projects that will Shape Future of Crypto, AI, and IoT Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.As the world rapidly advances into a future driven by new technological paradigms, two key areas have emerged as game-changers: Cryptocurrency, and its underlying blockchain technology, and the amalgamation of Artificial Intelligence (AI) with the Internet of Things (IoT). In this dynamic environment, two innovative projects a...

Blog • 23 July 2023, Sunday, 10:05

Ripple Requests Crypto License in UK After SEC Partial Win

Ripple Requests Crypto License in UK After SEC Partial Win Blockchain-based digital payment network Ripple has applied for a crypto license in the UK and Ireland after its partial win against the US Securities and Exchange Commission.Sendi Young, Ripple's managing director for the UK & Europe, has revealed that the company “very recently” applied for crypto asset firm registration with the UK's FCA, along with a payment institution license in Ireland.The move came after a US court ru...

Blog • 23 July 2023, Sunday, 09:55

Tron Price Prediction as TRX Approaches Top 10 Rankings in the World – Next Big Thing?

Tron Price Prediction as TRX Approaches Top 10 Rankings in the World – Next Big Thing? TRON price stands at $0.084149, with a 24-hour trading volume of $4 million, and it has experienced a slight decline of nearly 3.50% in the last 24 hours.Currently ranked at #10 on CoinMarketCap, TRON boasts a live market cap of $75 million, and it has a circulating supply of 89,700,960,494 TRX coins, while the maximum supply remains undisclosed.With its impressive performance, TRON is edging closer to securin...

Blog • 23 July 2023, Sunday, 08:25

Fantom (FTM) Dives as Andre Cronje Acknowledges Multichain Failure – VC Spectra’s (SPCT) Innovation Grants Investors Exactly What They’re Looking For

Fantom (FTM) Dives as Andre Cronje Acknowledges Multichain Failure – VC Spectra’s (SPCT) Innovation Grants Investors Exactly What They’re Looking For Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.The past few weeks have not been favorable to Fantom (FTM) as users seem to be deserting the token due to its affiliation with Multichain. Due to this Fantom’s (FTM) price has drastically reduced marking a sad time for its investors.On a brighter note...

Blog • 23 July 2023, Sunday, 08:15

Bitcoin Price Prediction as Trading Volume Falls to $5 Billion in 24 Hours – Here's Why

Bitcoin Price Prediction as Trading Volume Falls to $5 Billion in 24 Hours – Here's Why Amidst the dynamic and ever-changing landscape of the cryptocurrency market, Bitcoin's recent performance has been under scrutiny. Currently trading at 29,890, the world's leading digital currency has experienced a slight decrease of nearly 0.25% on Sunday. However, what has drawn significant attention is the notable drop in its trading volume, which has now fallen to $5 billion within 24 hours. ...

Blog • 22 July 2023, Saturday, 22:15

XRP Price Prediction as XRP Becomes Top 4 Coin in the World – Can it Overtake Bitcoin?

XRP Price Prediction as XRP Becomes Top 4 Coin in the World – Can it Overtake Bitcoin? With its recent surge in popularity, XRP has now claimed a position among the top 4 cryptocurrencies worldwide, raising intriguing questions about its future potential. As of the latest market update, XRP is currently trading at 0.76833, having experienced a significant rebound from the 50% Fibonacci retracement level, positioned around 0.70642. This remarkable price performance has sparked a wave of speculati...

Blog • 22 July 2023, Saturday, 19:25

2023’s Hottest Meme Coin Presale Burn Kenny Coin Sold Out – $KENNY Now Expected to Explode at DEX Launch

2023’s Hottest Meme Coin Presale Burn Kenny Coin Sold Out – $KENNY Now Expected to Explode at DEX Launch Saturday 22nd of July - Burn Kenny Coin, widely touted as one of 2023’s top meme coin investment opportunities, just sold out its $500,000 presale in less than 48 hours.The stunning pace at which the presale was gobbled up by meme coin degens suggests that significant pent-up demand and FOMO will be carried into the token’s launch on Decentralized Exchanges (DEXs) on Monday the 24th of July.$...

Blog • 22 July 2023, Saturday, 17:55

New York Couple Set to Plead Guilty in $4.5 Billion Bitcoin-Laundering Case

New York Couple Set to Plead Guilty in $4.5 Billion Bitcoin-Laundering Case A married New York couple is preparing to plead guilty to charges of conspiring to launder billions of dollars worth of Bitcoin (BTC), which was stolen during the notorious 2016 hack of crypto exchange Bitfinex. Ilya Lichtenstein and Heather Morgan, who were charged in February last year after investigators used software to trace stolen digital currency to accounts the two owned, are preparing for a plea deal, The Wall S...

Blog • 22 July 2023, Saturday, 12:15

Redefining the Future: Investors Flock to this AI-Related Crypto as Polkadot (DOT) Loses Momentum

Redefining the Future: Investors Flock to this AI-Related Crypto as Polkadot (DOT) Loses Momentum Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.As a disruptive technology, Artificial Intelligence (AI) has made its presence known in many industries and our daily lives, thereby being hailed as the future. The crypto landscape is one of the latest sectors to adopt AI, with investors now shifting their attention to AI-related cryptocurrencies. Out...

Blog • 22 July 2023, Saturday, 12:05

COCKFIGHTS Price Pumps 20,000% in 24 Hours But Experts Are Accumulating WSM for the Next Crypto to Explode - Here’s Why

COCKFIGHTS Price Pumps 20,000% in 24 Hours But Experts Are Accumulating WSM for the Next Crypto to Explode - Here’s Why A tokenized billion-dollar cockfighting event, COCKFIGHTS, is hitting the airwaves of the crypto market. Launched barely a week ago, it has garnered a 20,000% increase in the last 24 hours, hitting a record high of $0.2051 within a very short period.However, amidst this meteoric rise, concern arises from experts who question the project's fundamental foundation. Many have l...

Blog • 22 July 2023, Saturday, 10:05

British Court Grants Appeal to Craig Wright in Bitcoin Copyright Lawsuit

British Court Grants Appeal to Craig Wright in Bitcoin Copyright Lawsuit A British court has granted an appeal to Craig Wright to argue his case in a copyright lawsuit concerning Bitcoin (BTC), according to a recent court filing.Wright, who has claimed to be the creator of Bitcoin since 2016, has filed a lawsuit against 13 Bitcoin Core developers and several companies, including Blockstream, Coinbase, and Block, alleging violations of his copyright on the Bitcoin white paper, its file format, an...

Blog • 22 July 2023, Saturday, 08:15

Coinbase Halts Staking Services in 4 US States, the Demand for DigiToads (TOADS), Chainlink (LINK) and Aave (AAVE) Skyrockets

Coinbase Halts Staking Services in 4 US States, the Demand for DigiToads (TOADS), Chainlink (LINK) and Aave (AAVE) Skyrockets Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.More than a month after it was sued by the US Securities and Exchange Commission, leading cryptocurrency exchange Coinbased recently announced that it would be suspending staking services in four states of the country. The move has put the spotlight on three other top crypto...

Blog • 22 July 2023, Saturday, 07:15

Bitcoin Price Prediction as $10 Billion Trading Volume Comes In To Hold $30,000 Level – Where is BTC Going Next?

Bitcoin Price Prediction as $10 Billion Trading Volume Comes In To Hold $30,000 Level – Where is BTC Going Next? As Bitcoin's trading volume reaches $10 billion, the cryptocurrency stands firm at the $30,000 level, sparking discussions about its next move. Currently trading at around $29,900 with a less than 0.10% increase on Saturday, Bitcoin remains a subject of interest for investors and traders alike. Alongside this, the SEC's request for additional funding to address risks and fraud...

Blog • 21 July 2023, Friday, 23:55

Web3 Utility Coin LPX Secures $1.1 Million in Funding for Its New Trading Alpha Platform – Here's What You Need to Know

Web3 Utility Coin LPX Secures $1.1 Million in Funding for Its New Trading Alpha Platform – Here's What You Need to Know The cryptocurrency market is chock-full of contenders competing for attention beyond the shadow of Bitcoin. Among the array of projects, some provide real utility, functioning as more than just a digital asset or currency. Utility coin LPX, associated with the blockchain startup Launchpad XYZ, has raised $1.17 million in its presale, leading the pack in the functional cryp...

Blog • 21 July 2023, Friday, 22:55

GMX Price Prediction as GMX Slumps 6.5% - Here’s Where the DEX Token Could Be Headed Next

GMX Price Prediction as GMX Slumps 6.5% - Here’s Where the DEX Token Could Be Headed Next GMX, the governance and utility token that powers GMX, an Arbitrum-based decentralized exchange (DEX) for trading perpetual cryptocurrency futures with leverage, has tanked around 6.5% in the last 24 hours, as per CoinGecko.That makes gives it the unwelcome crown of being the worst-performing cryptocurrency in the top 100 by market capitalization over this time period.GMX/USD fell to just above $50 per toke...

Blog • 21 July 2023, Friday, 22:05

Best Crypto to Buy Now 21 July – Chainlink, Compound, Stellar

Best Crypto to Buy Now 21 July – Chainlink, Compound, Stellar Bitcoin and the broader cryptocurrency market are experiencing a slump today, adding further pressure to an already tense market sentiment.Despite reaching a 13-month high of almost $31,700 last week, Bitcoin's momentum has been dwindling since, with its price consistently falling below the 20-day Exponential Moving Average (EMA) this week. The indicator could now be acting as a dynamic resistance.Current market data suggest that ...

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