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Bitcoin Market Turbulence and MicroStrategy's Share Price Slide
May 1, 2024
Market Unsettled As Bitcoin Drops And MicroStrategy Share Price DeclinesAs Bitcoin's value tumbled to dip below the 60k mark, MicroStrategy - a business intelligence firm that holds around 1% of …
Read moreSEC Chair Gensler Accused of Misleading Congress on Ethereum's Classification
April 30, 2024
Chairman of the House Financial Services Committee, Patrick McHenry has accused SEC Chair, Gary Gensler of misleading Congress on the classification of Ethereum during his testimony in April 2023. The …
Read moreEarly Bitcoin Investor Roger Ver Faces Tax Fraud Charges
April 30, 2024
Early Bitcoin investor Roger Ver was arrested in Spain upon action by the US Department of Justice (DOJ) after a series of alleged fraud allegations. As per the case files, …
Read moreBinance Founder Changpeng Zhao Sentenced to Four Months; Fined $50M
April 30, 2024
Binance's founder Changpeng Zhao, commonly known as CZ, has been sentenced to four months in prison for failing to establish a proper anti-money laundering program at his cryptocurrency exchange. The …
Read moreUS Coal Mining Company Generates $30 Million from Bitcoin Mining, Raises Environmental Concerns
April 30, 2024
Alliance Resource Partners, a US coal mining firm, has reported to mine 425 Bitcoin, equating to $30 million, using surplus energy from its factories as per its Q1 earnings call. …
Read moreEthereum Struggles Below $3.5K Amid Market Anxiety
April 30, 2024
Ethereum's price volatility continues as the crypto fails to recover above the $3,350 mark, while also facing hurdles at $3,200.After repeatedly testing the $3,120 zone, Ethereum commenced another decline, trading …
Read moreBitcoin Gains Dominance Amid Declining Interest in Altcoins
April 30, 2024
Recent on-chain data shows a notable influx of investors in Bitcoin while other altcoins like Dogecoin and Cardano observe a slowdown. With new investors coming in and old ones reinstating …
Read moreRace for Bitcoin ETF Dominance Tightens: Grayscale Vs. BlackRock
April 30, 2024
Grayscale and BlackRock are neck-to-neck in the race for Bitcoin ETF dominance. Their gap, which stands at 1.5 billion dollars, has narrowed by half over the last fortnight. The big …
Read moreCrypto Asset Outflows Continue, Witnessing 4 Consecutive Days of Decline
April 30, 2024
Crypto ETFs Face Fourth Consecutive Day of OutflowsApril 29 marked the fourth consecutive trading day of outflows for US Bitcoin ETFs, recording an outflow of $51.6 million, according to data …
Read moreBitcoin Lightning Network - A Game-Changer for Efficient Transactions
April 30, 2024
A layer-2 solution for Bitcoin, the Lightning Network, paves the way for efficient, faster, and cheaper transactions. However, adoption is still in the early stages. In a recent discussion, Jesse …
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