Reading Time: 2 minutes This week in the crypto world Binance lost its Australian dollar processor, Tether announced a plan to mine bitcoin in Uruguay, and Bkex halted withdrawals due to a police investigation. Standard. Binance Australia Loses Bank Withdrawals Binance Australia users were this week selling their holdings at a discount as the company […]
US lawmakers proposes new bill to regulate crypto as commodity
Senior House Republicans in the U.S. Congress have presented a new legislative bill that seeks to redefine digital tokens from securities to commodities. It is an important step to address the regulatory issues surrounding digital assets. The chairmen of the House Financial Services Commission and Agriculture Committee issued a proposal that aims to create a […]
FTX files objection to Genesis after being snubbed in $0.00 claim estimate
FTX and its associated debtors declared numerous objections to Genesis’s bankruptcy proceedings and recovery plans in a June 2 court filing. FTX’s claim estimated at zero On May 9, Genesis began to seek a 100-day extension for its Chapter 11 recovery plan. The company later submitted other filings in support of that plan. FTX debtors […]
Binance (BNB) Has No Plans to Enter Bitcoin (BTC) Mining, CZ Says
Binance CEO Changpeng Zhao, colloquially known as CZ, shares his views on crypto in Dubai, Bitcoin (BTC) mining and challenges of Lightning Network integration
Binance likely updated bitcoin confirmation process, on-chain data reveals
Recent developments on Binance’s consolidation transactions have sparked discussions, especially in the wake of the Bitcoin Core 25.0 update
Arbitrum still top trending on Coinmarketcap, Avorak Trade can use this as an indicator
Arbitrum has been facing competition from other layer-2 solutions. However, the project has managed to maintain its highly coveted position on CoinMarketCap. This implies that the project is still considered a profitable investment among various whales and enterprising retail investors. The increased hype around layer-2 scaling solutions developed to overcome Ethereum’s mainnet issues has fostered […]
As DigiToads is On Track to Raise $5 Million in Presale, Aave and Polkadot Struggle for New Investors
The post As DigiToads is On Track to Raise $5 Million in Presale, Aave and Polkadot Struggle for New Investors appeared first on Coinpedia Fintech News DigiToads (TOADS) steps up its game as a new meme coin project by raising more than $4.4M in presale funds. Today’s crypto world is flooded with endless crypto assets, […]
Bitcoin miner fees stay elevated, boosting daily revenue to $1.8M
Quick Take Looking at Bitcoin miner fees, they are still elevated compared to previous years. The total fee paid to miners is currently around 70 Bitcoin per day, $1.8 million. Before Ordinals and BRC-20 tokens became a thing this year, on average, miners received around 20 Bitcoin daily. The percentage of miner revenue derived from […]
Experts Believe Ripple Vs SEC Lawsuit Will End In June: Decoding The Possibility
The post Experts Believe Ripple Vs SEC Lawsuit Will End In June: Decoding The Possibility appeared first on Coinpedia Fintech News Anticipation is high in the cryptocurrency community, as several experts, including Ripple CEO Brad Garlinghouse, believe the lawsuit against the firm by the United States Securities and Exchange Commission (SEC) could conclude this month. […]
Bitcoin Live News: What’s Ahead For BTC Price in June?
The post Bitcoin Live News: What’s Ahead For BTC Price in June? appeared first on Coinpedia Fintech News In a recent analysis by TechnicalRoundup, the current state of Bitcoin (BTC) was discussed. His in-depth review revealed a prolonged market stagnation, with the key resistance and support levels still persisting. A Prolonged Stagnation in Sight? Analyst […]