News
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Finland turns to bitcoin mining to power household heating
- April 23, 2024
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No CommentsIn Finland, a pioneering initiative is underway to convert energy generated from Bitcoin mining into a sustainable heat source for residential buildings. Hashlabs Mining, an infrastructure firm specializing in Bitcoin mining, has spearheaded this ground-breaking project, leveraging specially designed Bitcoin mining devices to produce heat. The project harnesses a hydro-cooled WhatsMiner M63S, an ASIC mining
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Kathryn Haun announces resignation from Coinbase’s board
- April 22, 2024
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Kathryn Haun’s decision to step down from Coinbase’s board marks a significant transition for both the company and the broader cryptocurrency ecosystem. Haun, renowned for her background as a former Assistant U.S. Attorney and her tenure as a partner at Andreesen-Horowitz, has been a fixture on Coinbase’s board for seven years, during which she played
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Bitcoin’s bullish momentum continues to exert influence throughout the cryptospace
- April 22, 2024
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Bitcoin’s recent resurgence post-halving has captured the attention of traders and investors alike, sparking discussions about the broader implications for the cryptocurrency market. As the pioneer cryptocurrency reclaimed ground lost earlier in the week, it not only showcased resilience but also hinted at a potential bullish trajectory that could reverberate across the digital asset landscape.
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Bitcoin transaction fees after halving unfold trends and market dynamics
- April 22, 2024
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The fluctuations in Bitcoin transaction fees following the halving provide a nuanced view into the complexities of the cryptocurrency ecosystem, giving both obstacles and possibilities for participants and observers alike. The unprecedented surge in transaction fees, soaring to an average of $128 on April 20, coinciding with the momentous halving event, served as a testament
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Tether launches its USDT and XAUT stablecoins on The Open Network (TON)
- April 22, 2024
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Tether’s swift integration with The Open Network (TON) marks a significant milestone in the expansion of stablecoin utility and accessibility within the cryptocurrency ecosystem. With $60 million worth of USDT issued on TON since April 19th, the collaboration has propelled TON into the spotlight as the 11th blockchain to host Tether, opening up new avenues
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Potential Settlement Trends As Crypto Community Considers Dropping Lawsuit Against Sam Bankman-Fried
- April 21, 2024
- Posted by: [email protected]
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In a significant turn of events, a cohort of cryptocurrency users embroiled in a class-action lawsuit against the former CEO of FTX, Sam “SBF” Bankman-Fried, has tentatively reached a proposed settlement. Court filings submitted on April 19 reveal the plaintiffs’ decision to potentially shift their focus away from pursuing Bankman-Fried directly and instead utilize evidence
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Bitcoin Halving Sparks Market Speculation With Anticipation Towards a Bullish Trend
- April 21, 2024
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Bitcoin’s recent price surge to $63,999, accompanied by a 3.50% increase post-halving, has ignited speculation among investors regarding the emergence of a new bull market. This surge follows the execution of the highly anticipated Bitcoin halving event, which has effectively reduced the mining reward from 6.25 to 3.125 bitcoins. This strategic move aligns with Bitcoin’s
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Triple-A integrates PayPal’s PYUSD to expand cryptocurrency payment
- April 19, 2024
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Triple-A, a Singapore-based payments company, has announced its intention to incorporate PayPal’s stablecoin, PYUSD, into its suite of supported tokens for customer transactions. This strategic decision represents a significant expansion of Triple-A’s services, solidifying its position as a key player in the evolving landscape of cryptocurrency payments. As the premier licensed crypto payments firm in
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BitMEX increases bitcoin perpetual swap leverage to 250x ahead of the halving event
- April 19, 2024
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BitMEX, renowned for its pioneering role in the crypto derivatives space, has taken a bold step forward by amplifying the leverage on its Bitcoin perpetual swap XBTUSD from 100x to an impressive 250x. This strategic move arrives amidst heightened anticipation surrounding the upcoming Bitcoin halving event, where traders are keen to capitalize on the anticipated
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Bitcoin accumulation surges amid dip below the $63,000 level
- April 19, 2024
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In the midst of Bitcoin’s recent descent below the pivotal threshold of $63,000, the cryptocurrency landscape has been abuzz with discussions surrounding its resilience and the underlying dynamics shaping investor sentiment. An April 18 report by technical analyst Ali Martinez sheds light on a compelling trend that underscores the unwavering confidence among Bitcoin holders amidst