Bitcoin hashrate drawdown reaches December 2022 levels

The decision by Crypto.com comes just within a month of BlockFi’s $100 million penalties for its lending products, as many speculate regulatory clampdown could be the potential reason behind the decision. 947 Total views 8 Total shares Crypto.com is reportedly giving users from countries restricted from its loan program until March 15 to repay their…

The Federal judge overseeing the Celsius case has asked for an investigation to look into whether the firm acted like a Ponzi scheme and has asked for additional details before approving a $3 million bonus scheme. 74 Total views 1 Total shares The judge overseeing the Celsius bankruptcy case has ordered the examiner and the…

The companies collectively purchased nearly $1.3 billion worth of Bitcoin ETF shares during the quarter.

China is reportedly paying more attention to the crypto mining sector, amid concerns of its growing carbon footprint. 328 Total views 5 Total shares China’s crypto mining operations may be set for stricter supervision in the future, with the Government reportedly concerned about the energy consumption of Bitcoin mining in particular. Beijing sent an “emergency…

“Coordinated pumping of shares for profits can be illegal. We can see all trades and have access to trader identities,” said ASIC in a message to the ASX Pump Organization on Telegram. 960 Total views 25 Total shares The Australian Securities and Investments Commission (ASIC) is going after pump and dump groups on Telegram.On Monday…

The ad is currently running online and on several major TV networks. 1453 Total views 9 Total shares Digital asset manager Grayscale is bringing back its controversial "drop gold" campaign just in time for the potential Bitcoin (BTC) bull market. CEO Barry Silbert tweeted Tuesday that the 30-second advertisement will be “running on major networks all…

Bitcoin (BTC) price fell by a whopping 16% to $16,334 on Nov. 26 since achieving its peak at $19,484 the previous day. Data suggests that cascading liquidations were the driving force of the massive correction.Prior to the pullback, the open interest of the Bitcoin futures market hit a new record high. The derivatives market was…

Swiss food technology giant Bühler introduced two food safety products that can potentially integrate blockchain at the Microsoft booth at the Hannover Messe industrial event in Germany on April 1. The company reported the news in a press release published the same day.The so-called “blockchain-ready” products presented by the company are a tool aiming to…