$2.7B worth of electricity spent on US Bitcoin mining in 2024 — analyst

The final quarter of 2020 saw the launch of a precedent-setting lawsuit by the United States Securities and Exchange Commission against Ripple Labs, CEO Bradley Garlinghouse and co-founder Christian A. Larsen. The allegation: raising north of $1 billion in 2013 through the unregistered sale of a purported security, XRP (XRP).The implications of Ripple’s bold choice…

Crypto traders claim that Dogwifhat will "likely retest" the critical support level as its price and open interest have both plummeted since July 27.

The Bitcoin miner manufacturer saw its year-on-year revenue tumble amid supply chain disruptions and a global chip shortage. 2254 Total views 21 Total shares Bitcoin’s bullish 2020 closeout was not enough to prevent Canaan from incurring a net loss in 2020.According to the company’s unaudited financial report for Q4 2020, the Bitcoin (BTC) miner maker’s…

Pantera Capital Founder and CEO Dan Morehead is bullish on Bitcoin (BTC) due to the upcoming halving as he believes that “if the new supply of Bitcoin is cut in half, all else being equal, the price should rise”. If history were to repeat itself, Morehead expects the top-ranked cryptocurrency on CoinMarketCap to rally to…

After rallying 1.510% in 2021, QTUM price hit a $35.70 all-time high on May 7. This relatively obscure altcoin launched in September 2017 is a fork of the Bitcoin Core 0.13 version, but it also integrates the Ethereum virtual machine (EVM) and smart contract execution capability. Following Bitcoin's (BTC) April 23 crash down to $47,500, QTUM…

SolidX accuses VanEck of terminating their partnership in bad faith after “surreptitiously” working to launch a Bitcoin product based on SolidX’s work. 2856 Total views 9 Total shares Global investment management firm VanEck, is facing a lawsuit from blockchain firm and former-partner SolidX over a Bitcoin ETF that VanEck filed for SEC approval less than…

Congressional Democrats asked the AI firm, “What is the percentage of computing resources that OpenAI is dedicating to AI safety research?”

White House officials are believed to be examining existing rules around cryptocurrencies and whether new restrictions are needed to protect investors from massive drawdowns like we saw last week. 1955 Total views 7 Total shares Officials within the Biden administration are reportedly studying “gaps” in cryptocurrency regulations following the latest bout of volatility in the…