Home Blog Page 24

New record in Bitcoin hashrate

Bitcoin’s price has taken a hit this week, dropping below $60,000 in time of writing.

Bybit exits France

Bybit announced it will cease operations for French users starting August 2. This decision comes in response to increasing regulatory scrutiny from France’s financial regulator, the Autorité des Marchés Financiers, the AMF.

Ethereum selling spree is finally over after 80% drop in ETFs outflows?

The price of Ethereum has fallen nearly 15% since the first trading day of its ETFs on July 23.

Paypal announces hackathon with $40,000 prize pool

Paypal, the major payment platform announced a global hackathon for its stablecoin PYUSD, with prizes totaling 40,000 PYUSD.

Bitcoin likes rate cuts, but will Bank of England’s move bring a breakout?

The Bank of England has reduced its interest rate by 0.25%, bringing it down to 5%.

XRP whale population growing, bull’s time is coming?

On-chain data shows a bigger increase in the number of whales on the XRP network. Many experts say this signaling a bullish trend for the asset’s price. When Moon?

Riot Platforms acquires Block Mining

Riot Platforms, a leading Bitcoin mining company in the U.S. announced the acquisition of Block Mining, a Kentucky-based firm, for $92.5 million.

Toncoin in accumulation zone after 20% drop

TON’s price has faced a tough time in July, and this downtrend is continuing into August.

52% more active addresses on Tron, but the TRX price is flat

The Tron network has surpassed Bitcoin and Ethereum in daily active addresses, likely due to its expanding stablecoins market.

Bitcoin is legal in Russia

The year 2024 marks a real turning point for cryptocurrencies as Russian President Vladimir Putin has decided to legalize Bitcoin as a legal means of payment in Russia. Nothing stops this train.