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

Bitcoin (BTC) starts a new week with $30,000 reconfirmed as support but also a fresh vote of no confidence from the mainstream.After a more or less steady weekend, the largest cryptocurrency remains firmly in its established trading corridor — between $30,000 and $40,000. What’s next?Cointelegraph takes a look at the factors impacting price performance this…

Bitcoin (BTC) could have its bull market induced by Litecoin (LTC) as the latter enters a bullish renaissance, noted statistician Willy Woo has forecast.In a series of tweets on Jan. 6, Woo, well known in crypto circles as the creator of data resource Woobull, highlighted an upturn in Litecoin’s fortunes in recent weeks.Woo: Litecoin difficulty…

Record spending in a Democratic House primary could not give a political newcomer the boost he needed to overcome a local politician with a long career. 191 Total views 9 Total shares Andrea Salinas has won the Democratic primary election for the newly created Oregon 6th District seat in the United States House of Representatives.…

Qualified digital asset custodian, Anchorage Trust Company, has added XRP to the list of assets supported by its institutional custody solution. The company announced support for the third largest cryptocurrency by market cap in a blog post on April 2.Anchorage claims that its custodial solution is safer than cold storage, while allowing the benefits of…

The senator said he had "significant concerns with the non-standardized terms applicable to redemption of particular stablecoins" in separate letters to eight crypto firms. 647 Total views 13 Total shares Sherrod Brown, the chair of the Senate Committee on Banking, Housing and Urban Affairs, has called on several crypto firms to release information related to…

As the value and popularity of digital assets continue to rise, cybercriminals are incentivized to exploit any vulnerabilities they can find.

The latest discovery in the long-drawn Terra ecosystem saga contradicts many of Do Kwon’s early claims. 113 Total views 4 Total shares South Korean authorities have requested crypto exchange OKX and Kucoin to freeze 3,313 Bitcoin (BTC) reportedly tied to Do Kwon, the co-founder of Terra blockchain developer Terraform Labs.Kwon, who is currently on the…

The Central Bank of the Bahamas has announced its key collaborators for the development of a digital fiat currency system in the island country, according to an official document released on March 1.Called “Project Sand Dollar,” the new initiative intends to provide equal access to digital payments capabilities, reducing cash transactions and service delivery costs.…