The latest report suggests that Chinese Bitcoin miners have been moving their base to the African nation of Ethiopia amid the region’s remarkably low electricity costs and the crypto-friendly nature undertaken by the local government. Despite maintaining a ban on cryptocurrency trading, Ethiopia embraced Bitcoin mining in 2022, aligning with its efforts to strengthen ties […]

Grayscale Bitcoin Trust (GBTC) experienced a notable surge of 5% in premarket trading on Monday, marking a significant milestone with its first day of inflow since January. This influx of investment represents a pivotal moment for GBTC, which underwent a transition from a trust to an easily tradable ETF earlier in the year. The trust […]

Renowned crypto influencer Ben Armstrong, also known as BitBoy Crypto, has stirred anticipation in the digital currency sphere with his bold prediction regarding the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC). Notably, Armstrong forecasts a potential settlement in the Ripple vs. SEC case, coupled with Ripple’s strategic moves towards […]

In a recent development in the crypto space, Zhaslan Madiev, the General Manager of the Kazakhstan division of the Binance crypto exchange has been appointed as the Minister of Digital Development in the country. This update was announced by Binance’s CEO, Richard Teng in a post on social media platform X. Implications for Binance in […]

Google is all set to rebrand its Gemini AI bot, in an attempt to be ahead in the artificial intelligence race. According to a Yahoo Finance report, Google is making significant improvements to its generative AI bot Bard, and releasing a new premium edition for users. The move will better place the tech giant in […]

The fourth Bitcoin halving event has significantly cut down miners’ rewards by 50%. However, the surge in the dApp activity on the Bitcoin blockchain has provided miners enough relief in terms of revenue contribution. Bitcoin Miners See Boost In Revenue Streams Ki Young Ju, CEO of CryptoQuant, highlighted a significant shift in miners’ income streams […]

The crypto prices today indicate that the top cryptocurrencies extended gains as Bitcoin (BTC) neared the $46,000 mark. Whilst, Ethereum sustained the $2,400 level and registered a significant upswing. Meanwhile, other top altcoins also recorded notable gains, intensifying the rebound spree. Major Crypto Prices Today The Bitcoin price gained significantly and inched closer to $46,000. […]

Amid the plummeting value of Nigeria’s local currency Naira, there’s recently been a surge in crypto adoption in Nigeria further leading to person-to-person trading. However, the Nigerian authorities have brought an absolute ban on P2P crypto trading activities, in order to prevent any further harm to the local currency. Arresting P2P Crypto Trades in Nigeria […]

NEAR Protocol has been making waves in the cryptocurrency world as a layer-one blockchain aiming to revolutionize decentralized applications (dApps). With unique features like human-readable account names and innovative consensus mechanisms, NEAR has garnered attention from investors and developers alike. But amidst recent market fluctuations, many are wondering: Is NEAR Protocol still a wise investment? […]

Binance Coin (BNB) and Solana (SOL) are notable contenders in the top 10 cryptocurrencies based on market capitalization. Amid a slight crash in the global cryptocurrency market, demonstrated by a 0.55% drop in market capitalization, the importance of these two tokens’ performance is crucial. Let’s explore the market dynamics of BNB and Solana to understand […]