Iran is aggressively cracking down on illegal cryptocurrency mining as the nation faces a severe power crisis exacerbated by an intense heatwave. Iranian authorities claim that unauthorized crypto mining has significantly strained Iran’s power grid, leading to widespread industrial disruptions. A bounty program has been launched to encourage citizens to report illegal mining operations.
Iran…
SBI Digital Community Co. Ltd. has partnered with Ripple Labs Inc. to promote the use of the XRP Ledger in the Web3 space. The partnership will also involve issuing non-fungible tokens (NFTs) on the XRP Ledger and rewarding creators in XRP, aiming to enhance consumer…
The publicly traded cryptocurrency exchange Coinbase has announced its expansion into Hawaii, allowing residents to access a range of crypto services. The move comes after the state clarified its regulations, enabling Coinbase to offer its platform to Hawaiian users.
Hawaii…
Arthur Hayes Predicts $100K Bitcoin by Year-End — Expects 'Glorious' Crypto Bull Market in 2025 With BTC Reaching $1M
August 14, 2024
Bitmex co-founder Arthur Hayes predicts bitcoin will reach $100K by late 2024 and could hit $1 million by 2025. He attributes this to U.S. Treasury liquidity injections and anticipates a “glorious” crypto bull market in 2025. Hayes has outlined various factors driving explosive growth in bitcoin and broader financial markets.
Arthur Hayes Predicts Bitcoin Surge to $100K, $1 Million Possible in…
Bitstamp and Stripe Collaborate for EU Crypto Onramp
August 9, 2024
Crypto exchange Bitstamp is collaborating with Stripe, a financial infrastructure platform, to support Stripe’s fiat-to-crypto onramp across the EU. This collaboration enables EU consumers to easily purchase cryptocurrencies through a customizable widget that developers…
PRESS RELEASE. Geneva, Switzerland – August 8th, 2024 – Messari, a leading provider of digital asset markets intelligence products, and CryptoRank, a leading crypto industry research & analytics platform, have released research reports highlighting the TRON network’s…
TON Climbs 10% Ahead of Binance Listing
August 9, 2024
The largest cryptocurrency exchange by trading volume, Binance, is set to introduce toncoin (TON) trading pairs on Aug. 8, leading to a more than 10% increase in TON’s value against the U.S. dollar. Currently, TON is trading within a range of $5.36 to $6.41 over the past day, making it the eighth largest crypto asset by market capitalization.
Binance Set to List 4 Toncoin Trading Pairs
Toncoin…
US Bitcoin ETFs Bleed $148.56M While Ethereum ETFs Cash
August 8, 2024
Based on the latest data, spot bitcoin exchange-traded funds (ETFs) experienced net outflows of $148.56 million on Tuesday. Conversely, spot ether ETFs saw a positive inflow of $98.30 million during the same period.
$148M Vanishes From Bitcoin ETFs While Ethereum ETFs Rake…
PRESS RELEASE. The crypto market today can be a bit of a rollercoaster ride. Prices can shoot up on one day, and take a deep dive on the next – all while new projects are popping up in their droves daily. With such a fast-moving environment, it’s not enough to have a…
Grayscale Investments has announced the launch of two new cryptocurrency investment trusts—Grayscale Bittensor Trust and Grayscale Sui Trust. These new offerings aim to provide accredited investors with targeted exposure to the burgeoning fields of decentralized artificial intelligence (AI) and scalable blockchain technology.
Grayscale Rolls Out Bittensor and Sui Trusts for Accredited…
