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Nigerian Interest in Crypto Persists Despite Crackdown; Meme Coins Prevail in Country’s North

In the northern states of Katsina and Borno, residents are increasingly interested in the meme coin dogecoin. Meanwhile, in Delta State, known for its financial services leaders, bitcoin garners significant…

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Bitfarms Adopts Defensive Measures Against Riot Platforms’ Takeover

Bitfarms Ltd. has adopted a shareholder rights plan to protect the integrity of its ongoing Strategic Alternatives Review Process. This plan was unanimously approved by the Board and involves issuing…

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Paraguayan Minister Unveils Future Economic Strategy Centered on Bitcoin Mining for Industrial Transition

Javier Gimenez, from the Paraguayan Ministry of Industry and Commerce, revealed that the government plans to take advantage of the energy sold to legal bitcoin mining operations. Gimenez stated that…

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Meme Coin Madness Continues, Bitcoin Price Corrects, and Much More: Bits Recap June 10

TL;DR Bitcoin fluctuated between $68,500 and $72,000, stabilizing at $69,500. Analysts predict a possible rise to nearly $90,000 despite current instability. The meme coin Brett (BRETT) hit an all-time high…

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30 Countries Seek to Join BRICS, Russian Ambassador to China Says

Russian Ambassador to China Igor Morgulov disclosed that approximately 30 countries are interested in joining the BRICS economic bloc in an opinion piece published by the South China Morning Post…

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Report: Speculation Returns as Bitcoin Market Shows Signs of Recovery

Glassnode’s latest onchain analysis reveals a resurgence in speculative activity in the bitcoin (BTC) market after months of stagnation. This shift marks a potential change in market sentiment, with both…

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Rapid Fluctuations in Bitcoin Fees Cause Brief Spike in Hashprice

Bitcoin’s hashprice, representing the anticipated value of one petahash per second (PH/s) per day of hashing power, climbed to $95 per petahash on June 8, marking the highest level since…

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