In a governance vote held between Dec. 2 and Dec. 17, the IOTA community has supported the Rebased protocol upgrade proposal. With a 7.52% voter turnout, 98.37% of participating IOTA token holders voted in favor of the upgrade. According to…
Wednesday, Dec. 18, will go down in history as a day of market panic triggered by the 25 basis point Fed rate cut and Chair Jerome Powell’s hawkish outlook. Bitcoin (BTC) briefly tumbled below $100,000; U.S. equities dropped around 3%,…
The recent growth of the crypto market might be erased by inauguration day in a sort of “sell-the-news” event. This is the opinion of Arthur Hayes, co-founder of Bitmex and cryptocurrency market analyst, who believes that the window of opportunity…
NiceHash, a leading cryptocurrency mining platform, has announced it is moving its headquarters from the British Virgin Islands to Zug, Switzerland, based on information received by Finbold on Wednesday, December 18. The strategic relocation will align NiceHash’s operations with Switzerland’s…
Craig Wright, the man who fraudulently claimed to be Bitcoin creator Satoshi Nakamoto, received a one year in prison for being in contempt of court. According to reports, Wright was officially sentenced to one year in prison with a suspension…
BTC’s rise to record highs earlier this week is expected to allow miners to extend their November profitability into December, according to a report by investment bank Jefferies on Wednesday. Bitcoin mining economics improved in November as the average price…
Bitcoin (BTC) took a nosedive on Thursday, hitting an intraday low of $95,578 per coin, slipping more than 7% against the U.S. dollar in just one day. The whole crypto scene has shed over 11% in value, dragged down by…
Cango Inc., a Shanghai-based automotive transaction service platform, announced that it had completed the $256M cash-settled acquisition of on-rack crypto mining machines with 32 EH/s of hashrate from Bitmain. The company had previously announced this acquisition on November 6, together…
Haliey Welch, widely recognized as the “Hawk Tuah Girl” due to her viral online persona and the popularity of her podcast, Talk Tuah, has responded publicly to the ongoing controversy surrounding the $HAWK memecoin following a lawsuit filing. The influencer…
The year 2024 has marked a significant breakthrough for digital assets, particularly for bitcoin (BTC), driven by increased institutional adoption. This shift has occurred through two key avenues: first, the integration of bitcoin into public balance sheets as a treasury…