Ethiopia is quickly becoming the new hub for Bitcoin mining globally with 600MW of energy being consumed by the mines. This development was disclosed by Ethan Vera, co-founder and COO of Luxor, a mining services firm that recently paid a visit to several Bitcoin mining facilities in Ethiopia with other ... Read more
In a striking display of market resilience, Bitcoin has rebounded to approximately $63,500 following a significant 10% price correction. This recovery highlights the unique liquidity profile of the cryptocurrency market, allowing for trades to occur globally across all time zones—even when traditional markets are closed. According to a recent report ... Read more
The generation that is believed to be technologically literate is falling victim to online crypto scams. Since young people are actively engaged in social networks and other technologies, swindler have discovered new methods of deception of this digital savvy population. However, although cryptocurrency takes only a small share of the ... Read more
Lido DAO (LDO) is gearing up for a significant upward surge, demonstrating resilience in a fluctuating market. Over the past 30 days, LDO has experienced an impressive increase of nearly 12%. However, recent trends show a slight dip of 5% in the last week, primarily attributed to a broader decline ... Read more
Hong Kong is advancing towards its goal of being a cryptocurrency hub after completing the first phase of the review of its virtual asset trading platforms (VATPs). According to the Hong Kong Securities and Futures Commission (SFC), the initial inspections of these platforms have just been concluded, which is considered ... Read more
BlackRock, a leading AUM, recently outlined the key factors driving increased adoption of digital assets, citing changing consumption patterns, geopolitical instability, and generational shifts in wealth and technology use. Speaking on the sidelines of the Digital Assets Conference in Brazil, the top exec emphasized how the current generations, particularly Millennials ... Read more
The cryptocurrency market may be approaching a significant turning point, with the altcoin sector showing early signs of an upward movement. Despite a recent period of apparent weakness across many altcoins, a closer look at market indicators suggests that a bullish trend could be in the works. BTC Dominance Signals ... Read more
Ethereum ($ETH) is poised for a significant recovery for itself and many altcoins in the market. As of now, Ethereum is trading at $2,431.44, experiencing a slight decrease of 0.94% in the past 24 hours. The trading volume has reached $58.48 billion, contributing to a market capitalization of approximately $292.69 ... Read more
WadzChain Network has recently launched its unique hybrid blockchain to revolutionize the world of business payment systems. The new platform has safe, efficient and flexible transactions, it creates a solution to the increasing need for secure digital payment systems. According to a recent report, the hybrid blockchain is made of ... Read more
21Shares, a leading crypto exchange-traded product (ETP) issuer, urges European Union regulators to adopt a unified regulatory framework for integrating digital assets into investment products. According to a recent press release, the firm called on the European Securities and Markets Authority (ESMA) to streamline the rules across all EU member ... Read more
