Despite the Bitcoin mining industry making considerable progress and growth over the last year, Canada’s British Columbia province prefers to look the other way around. Lawmakers in BC are planning crypto mining operations amid their excess use of electricity. BC Cracks Down On Crypto Mining Operations The Energy Minister of British Columbia, Josie Osborne, declared […]
Bitcoin ETF Race Heats Up as Firms Reduce Fees in Final Push Before SEC Verdict
All major players in the Bitcoin exchange-traded product (ETP) rushed to amend S-1 forms before the SEC’s final deadline on Monday. Tuesday saw some stir due to a false SEC approval post, which was later identified as a hacking incident and removed from the official channel. In the meantime, applicants are adjusting their offerings, with […]
Bitcoin Miners, Whales To Sell BTC In Billions Post Halving: Report
Bitcoin miners have been flocking to mine BTC ahead of the most-awaited Bitcoin halving this month as the mining reward to half. Whales also continue to buy BTC and have not sold their Bitcoin holdings yet. However, a crypto research firm by top analyst Markus Thielen predicts bitcoin miners could sell Bitcoin worth billions after […]
Robert Kiyosaki Expects Bitcoin Price At $150K Soon, Bets on BTC Halving
Renowned author of ‘Rich Dad Poor Dad,’ Robert Kiyosaki, has adjusted his Bitcoin (BTC) forecast, revising the target from $120,000 to $150,000. This modification is prompted by Kiyosaki’s anticipation of the potential introduction of a Bitcoin Exchange-Traded Fund (ETF). Expressing contentment with his past investment decisions on X (formerly Twitter), Kiyosaki exclaimed, “BITCOIN ETF. Yay. […]
3 Reasons Why Litecoin Price is Poised to Surpass $140
Litecoin price: The cryptocurrency market is currently in a state of pre-halving consolidation following the lead of Bitcoin price wavering around $70000. As a result, most major altcoins including Litecoin have witnessed fresh correction seeking support at respective support levels. However, the LTC price projects a healthy retracement in the daily chart and the formation […]
MAS Seeks To Broaden Investigative Authority, Engulfs Bitcoin Futures
In a strategic move to regulate digital assets more effectively, the Monetary Authority of Singapore advanced further with its cryptographic regulatory venture, stirring a whirlpool of speculative buzz across the Singaporean crypto landscape. Notably, according to a statement released by the authority on Wednesday, the MAS is now setting its sights on attaining broader investigative […]
Will El Salvador Change Its Bitcoin Laws For IMF’s $1.4B Loan?
El Salvador is seeking a $1.4 billion loan from the International Monetary Fund (IMF) and in return, the body is requesting that the Central American nation review its Bitcoin (BTC) law. El Salvador Loan Demands and IMF Demand The loan negotiations has been ongoing for a while to help El Salvador urgently meet its fiscal […]
Cardano Price Prediction: Can ADA’s Breakthrough Signal Propel It Beyond $0.93?
Cardano Price Prediction: ADA closed out 2023 with a significant rise, soaring towards $0.70 before plummeting back to $0.47 on January 8. This decline, while sharp, was within market expectations. Despite this setback, market analysts remain optimistic about Cardano’s potential for growth in the short term. Presently, ADA oscillates between $0.47 and $0.57 over the […]
Ripple CTO Explains How Native Lending Protocol Will Expand XRPL Utility
Ripple, the blockchain payments firm, recently unveiled a groundbreaking proposal aimed at enhancing the utility of the XRP Ledger (XRPL). The Native Lending Protocol proposal has been spearheaded by developers Aanchal Malhotra and Vito Tumas. Moreover, it promises to revolutionize decentralized finance (DeFi) capabilities within the ecosystem. Ripple Announces Native Lending Protocol Proposal For XRPL […]
What Importance Does A US Bitcoin ETF Hold? All Details
On Wednesday, the U.S. Securities and Exchange Commission (SEC) approved Bitcoin-tracking exchange-traded funds (ETFs), marking a pivotal moment for the cryptocurrency industry’s decade-long quest for such a product. Despite numerous rejections since 2013, the SEC reconsidered its stance after a court ruled against rejecting Grayscale Investments’ Bitcoin ETF application in August, citing a need to […]