Jeremy Allaire, CEO of Circle, expressed optimism about the potential approval of bitcoin exchange-traded funds (ETFs) during an interview at the World Economic Forum in China. He believes regulators’ concerns will soon be resolved, with progress being made in developing mature market structures…
Bitcoin mining and data center hosting company Riot Platforms has announced its plan to purchase 33,280 next-generation bitcoin miners from MicroBT, a manufacturer based in the United States. The purchase, totaling $162.9 million, will nearly double Riot’s existing capacity by mid-2024. The new…
Data from on-chain analytics firm Santiment reveals that the top non-exchange Ethereum addresses, which are owned by the largest whales, have been accumulating more ETH recently. These whales hold a significant amount of influence on the network due to their ability to move…
Bybit, a crypto exchange, has received the Minimum Viable Product (MVP) Preparatory License from Dubai’s Virtual Assets Regulatory Authority (VARA). This comes just over a year after the exchange received the Provisional License. While the new license does not allow Bybit to start…
Riot Blockchain, a crypto miner and data center host, has signed a long-term purchase agreement with MicroBT Electronics Technology to acquire 33,280 next-generation Bitcoin miners in the United States for $162.9 million. The purchase aims to increase Riot’s self-mining capacity and improve fleet…
Curve Finance is a decentralized finance (DeFi) protocol that offers various functionalities, fees, safety measures, and usage instructions. One of its key features is the governance structure implemented through the $CRV token, which allows token holders to actively participate in managing the protocol.…
The recent surge in Bitcoin’s price has sparked speculation about further increases with the introduction of spot ETFs. The involvement of reputable companies like BlackRock and Fidelity in ETFs could boost institutional investor confidence and lead to a surge in Bitcoin’s price. CoinShares’…
Bitcoin has shown impressive performance in a bearish market, leading to speculation about the return of smart investors and the possibility of a bull run. A recent analysis by CryptoQuant suggests a typical market cycle where “stupid money” joins late in the bull…
SAP has introduced a cross-border payment solution that utilizes the USDC stablecoin as part of its ‘Digital Currency Hub’ initiative. This system aims to streamline and enhance global payment processes, offering businesses a secure and efficient way to send money overseas. By integrating…