Tag: news.bitcoin
Blockchain
US Lawmaker Introduces Bill to Dismantle Fed’s Board of Governors and Abolish the Central Bank
Following the policymaker’s survey, US Representative Thomas Massie (R-Ky) announced the introduction of HR 8421, known as the “Federal Reserve Board Abolition Act” This legislation aims to
Blockchain
Penguiana Reports New Milestones As PENGU Presale Hits Soft Cap, Teases Play-to-Earn Game Trailer Next Month
PRESS RELEASE Penguiana (PENGU), a novel penguin-themed meme coin, is making significant waves within the cryptocurrency and Solana meme community With its presale already raising over 1500 SOL,
Blockchain
Crypto Mining Surge and Erratic Weather Strain Laos’ Power Grid
A report released on May 16 highlights how increased electricity consumption due to crypto mining and inconsistent rainfall have led to power shortages in Laos, challenging its goals as a hydropower
Blockchain
Liquid Staking Market in Flux: Withdrawals Hit Swell and Mantle, Reshuffling Landscape
Over the past 18 days, 27 distinct liquid staking derivatives (LSD) protocols have experienced withdrawals amounting to approximately 50,000 ether, valued at $14672 million The most significant
Blockchain
Token Terminal and Messari Release Research Reports on TRON Network For Q1 of 2024
PRESS RELEASE Geneva, Switzerland, May 17, 2024 – Recent detailed analyses by Token Terminal and Messari have provided an in-depth review of the TRON network’s activity during the first
Blockchain
Bitcoin Hits $67K, Leading to $45M in Short Position Liquidations
The price of bitcoin surpassed the $67,000 mark on Friday, reaching a peak of $67,482 per unit, the highest value since late April This increase has resulted in the liquidation of nearly $45 million
Blockchain
Lackluster Performance for Hong Kong Bitcoin ETFs Since Launch
Since the Hong Kong spot bitcoin exchange-traded funds (ETFs) began trading, their performance has been underwhelming, with three ETFs accumulating around $228 million in net assets Inconsistent
Blockchain
China Expands Digital Yuan Pilot: Hong Kong Residents Can Now Set up E-CNY Wallets Locally
The Hong Kong Monetary Authority (HKMA) and the People’s Bank of China (PBOC) have advanced the digital yuan (e-CNY) pilot for payments, aiming to increase e-CNY wallet usage in Hong Kong Residents
Blockchain
New Crypto Presale to Watch: WienerAI Meme Coin Hits $2M Milestone
Imagine a cryptocurrency that combines the internet’s obsession with dog memes and the exciting world of artificial intelligence (AI) That’s exactly what the team behind WienerAI (WAI) has
Blockchain
US Bitcoin ETFs See 4 Days of Inflows, Blackrock’s IBIT Nears GBTC’s Reserve Levels
On Thursday, US spot bitcoin exchange-traded funds (ETFs) marked their fourth day of inflows, accumulating $2573 million Grayscale’s Bitcoin Trust (GBTC) also experienced its fourth day of
Blockchain
Synthetix Stablecoin SUSD Drops Below $1 Parity, Struggles to Rebound
According to current market prices, the synthetix usd (SUSD) stablecoin has fallen from its intended $1 parity Charts show the token dipped to a low of $0915 and is now trading at $0958 per unit as
Blockchain
Solana Meme Coin Marketplace Pump.fun Issues $1.9 Million Exploit Postmortem, Discloses Former Employee Involvement
Pumpfun, a leading Solana-based marketplace and deployment tool for meme coins, issued a postmortem on the exploit that occurred on May 16 The team stated that a former employee took advantage of its
