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The S&P 500 Index (SPX) rose 2.49% last week, extending its string of weekly gains to seven weeks, the longest such winning streak since 2017. However,…
Spot Bitcoin ETF will be ‘bloodbath’ for crypto exchanges, analyst says
While the crypto community eagerly awaits the possible approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States, some analysts are warning…
Ripple, Coinbase, a16z invest $78M in pro-crypto PAC ahead of US elections
Ripple CEO Brad Garlinghouse has publicly announced the company’s intent to support “pro-crypto’ candidates during the 2024 United States election season. The…
Bitcoin miner Cipher buys 37K Bitmain Antminers for $99.5M
Publicly traded Bitcoin (BTC) mining firm Cipher Mining (CIFR) is scaling operations with a new mega-purchase of cryptocurrency mining devices.Cipher will buy…
Hut 8 agrees to develop mining site to build equity with Celsius creditors
The Canadian Bitcoin mining firm Hut 8 has signed an interim agreement to launch a new mining site in Cedarvale, Texas, in connection with the Celsius Network…
5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week in risky territory as sell-offs from whales mark a change in mood.The latest weekly close has done little to comfort nervous…
Daily gas spent on EVM inscriptions surges to record high of $8M
Network transaction fees across all blockchains have spiked over the weekend as the Ordinals inscriptions craze continues to push demand for blockspace — not just…
Bitcoin won’t be beaten as digital store of value: VanEck CEO
The CEO of investment management firm VanEck says he can’t see a world where Bitcoin (BTC) is overtaken as the leading store of value on the internet.“I think…
Bitcoin fees hit 20-month high as miner revenues match $69K BTC price
Bitcoin (BTC) on-chain transaction fees are dividing opinion as the cost of sending BTC skyrockets.Data from the statistics resource BitInfoCharts puts the…
SEC faces accusations of contradiction in Coinbase rulemaking dispute
In the ongoing legal dispute between Coinbase Global Inc. and the U.S. Securities and Exchange Commission (SEC), the XRP holder’s lawyer, John Deaton, has accused…