Hong Kong to Kickstart New Web3 and Digital Yuan Initiatives This Year
The city of Hong Kong has detailed the advancement of new Web3 and digital yuan initiatives as part of its 2024-2025 budget. In a speech, Hong Kong Financial Secretary Paul…
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Bitcoin Miner Bitdeer Says It Has Launched Its ‘First Cryptocurrency Mining Chip’
Bitdeer, a bitcoin miner, recently announced the launch of what it refers to as its “first cryptocurrency mining chip.” Bitdeer claimed that the chip could potentially improve bitcoin mining performance…
Russian Digital Ruble Pilot ‘on Track,’ Registers About 25K Transactions
Elvira Nabiullina, Governor of the Bank of Russia, stated that the current pilot test of the Russian digital ruble was “on track,” with several operations being tested, including opening wallets,…
Skybridge Founder Insists It’s ‘Still Very Early’ to Buy BTC — Sees Bitcoin as the New Berkshire Hathaway
Skybridge Capital founder Anthony Scaramucci has insisted that it is “still very very early” to buy bitcoin. He likened the cryptocurrency to Warren Buffett’s company, calling it the “Berkshire Hathaway…
Bitwise CIO Says Bitcoin Could Top $200K This Year Citing ‘Too Much Demand, Not Enough Supply’
Bitwise’s chief investment officer says bitcoin price could surge above $200K this year due to a “massive supply-demand dynamic,” emphasizing that “there’s too much demand and not enough supply” for…
Microstrategy to Buy More Bitcoin With Proceeds From $600M Convertible Note Sale
Nasdaq-listed company Microstrategy is planning to sell $600 million in convertible senior notes and use some of the proceeds to buy additional bitcoin. Microstrategy now holds 193K bitcoin. The company’s…
Marathon Mines Record-Breaking 4 MB Bitcoin Block Linked to Runestone Airdrop
During bitcoin’s extraordinary price peaks in March, this week saw the mining of the biggest block by byte size, with Marathon’s mining pool producing a 3.99 megabyte (MB) block. This…
Coinbase Faces Repeat Zero Balance Glitch Amid Crypto Trading Fervor
While bitcoin reached a 2024 high on Monday, rising above the $67,000 per unit range, Coinbase suffered an issue again where customers were seeing zero balances. The news follows the…
Meme Tokens Skyrocket: Market Cap Hits $61.5 Billion Amidst Crypto Frenzy
As bitcoin edges closer to its peak historical value, the meme token domain is outperforming many within the crypto economy, boasting a more than 38% increase over the last day.…
Bitcoin Soars to 2024 High Surpassing $66,000, Nearing All-Time Peak as Halving Approaches
Bitcoin’s value reached a new peak for 2024 on Monday at 11:13 a.m. Eastern Time (ET), eclipsing the $66,000 threshold. Over the past year, bitcoin’s value has swelled by 196%…
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