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Though it does not reveal identities, Bitcoin’s blockchain offers total transparency in every transaction. As two powerful players in the world’s cryptocurrency scene, the US and China have had different policies that have affected price movement for Bitcoin and still affect its path. Focusing mainly on the amount of Bitcoin access held by China and
Bradley Nelson3 min read
Tether remains the most popular stablecoin for remittances and banking access in growing regions. Paolo Ardoino, the CEO of Tether, has accused competitor stablecoin issuers of restricting USDT’s expansion through regulatory pressure. He criticized rivals for using legal means to prevent Tether from accessing US Treasury securities. The debate started when US lawmakers suggested new
Bradley Nelson3 min read
GoMining expands to Solana before its NFT launch on Magic Eden. Bitcoin miners raise billions in funding amid increasing energy costs and competition. GoMining, a Bitcoin miner service, has announced its expansion into the Solana blockchain to diversify its offerings further. The platform allows retail users to earn BTC rewards by tokenizing its Bitcoin mining
Bradley Nelson3 min read
On Wednesday morning, an anonymous Bitcoin whale who participated in mining the earliest blocks sent their rewards to one of the leading exchanges, Kraken. On-chain data shared by crypto analytics firm Arkham Intelligence indicates that the whale, currently holding mined BTC worth over $75 million, transferred $850,000 worth of coins in three transactions. Furthermore, Arkham
Andrew Richard2 min read
In recent months, US former President Donald Trump has attempted to win the support of crypto players by making massive promises for the sector. However, digital assets do not appear in the list of the Republican Party’s 20 core goals, leaving many to wonder whether Trump’s promises to crypto enthusiasts are genuine. What’s more, the
Andrew Richard3 min read
Crypto mining and crypto investing are two phrases that may be easily confused with each other, especially by new investors. There are many who have decided on one and ended up finding out they made the wrong decision because it isn’t what suits them. The two activities are vastly different, and doing one doesn’t yield
Alexander Grayson3 min read
Former President Trump has emerged as the front-runner in the upcoming elections as a Republican Party nominee. He is now facing off against VP Kamala Harris who quickly rose to popularity following her nomination as Democratic representative. During the election season, the crypto sector has become a heavily politicized topic. The phenomenon can be traced
Hassan Mehmood (Saudi Arabia)Updated 3 min read
The top executives of renowned Bitcoin mining companies expect crypto mining to thrive under the Trump administration. Days before the US 2024 general election, the Americans expressed different opinions on the leadership of Democrats against the Republicans. At the Bitcoin 2024 conference at Tennesee, the miners engaged in intense dialogue to deliberate on the future
Kimberly Crain3 min read
CleanSpark is a Bitcoin mining firm operating out of Georgia that is focused on clean energy sources. The platform has recently purchased and opened 5 new Bitcoin mining facilities. CleanSpark’s Hashrate Output As per the details, the new mining rigs will allow the platform to increase its total hashrate output by 20 exahashes per second.
Hassan Mehmood (Saudi Arabia)Updated 3 min read
A new SEC filing on June 4 shows that Tether, the company behind USDT, owns 25% of Bitcoin miner Bitdeer’s shares. A recent filing by the United States Securities and Exchange Commission (SEC) shows that Tether, a stablecoin issuer, currently manages 25% of shares for Bitdeer, a Bitcoin miner. Tether Increases Stake in Bitcoin Mining
Stephen CausbyUpdated 2 min read
As El Salvador seeks to become the epicenter of crypto in central America, other countries are impressed by its Bitcoin success. The government of Argentina has announced plans to collaborate with the Nayib Bukele administration to understand the approaches used by El Salvador to push for the adoption of crypto. Since 2021, the Salvadoran government
Kimberly CrainUpdated 3 min read
The Abu Dhabi Agriculture and Food Safety Authority (AFSA) has imposed restrictive measures on farmers mining crypto. The United Arab Emirates(UAE) regulators noted that the crypto miners used agricultural land to mine digital assets. In its advisory report, the AFSA urged farmers to avoid turning their farms into crypto-mining sites. The regulators claimed that individuals
Kimberly Crain2 min read
