Bitcoin miner Marathon Digital to join S&P SmallCap 600, shares jump 18%

Cryptocurrencies have been around for more than 10 years, but the legal status of Bitcoin (BTC) and most other cryptocurrencies remains unclear and has different definitions in various jurisdictions. Are they money, an asset, a product, property or something else? Should they trade freely or must be tightly regulated? In the absence of a clear…

United States cryptocurrency exchange and wallet Coinbase has acquired blockchain intelligence startup Neutrino, according to a post published in the company’s blog on Tuesday, Feb. 19.Coinbase reveals that the company will continue to operate as a standalone business in its London office. The amount of the contract has not been disclosed.The U.S. exchange believes that…

State-backed venture capital (VC) firm Ben Franklin Technology Partners has rolled out a blockchain-based onboarding and tokenization platform. The development was revealed in a blog post on Thursday, April 11.Ben Franklin Technology Partners is an initiative of the Pennsylvania Department of Community and Economic Development, that has reportedly invested over $200 million into more than…

The number of XRP addresses holding at least 1 million tokens has declined sharply over the past two weeks. 460 Total views 1 Total shares Wallets holding oversized XRP positions are plunging quickly in the wake of the United States Securities and Exchange Commission’s lawsuit against Ripple. Industry data reveal just how quickly these so-called…

The Massive Adoption Crypto Festival is the target of a class-action lawsuit demanding compensation for damages following its cancellation in January. Securities fraud and investment loss attorney David Silver has filed a class-action lawsuit on behalf of attendees against the organizer of the cancelled Massive Adoption crypto conference.According to the initial complaint filed on May…

Only one of the following news items is real, but someday, all will sound equally comical.Headline, 1896:The owner of Wagoneer & Sons, a leading horse-drawn carriage maker, has announced the adoption of a new machine called the “internal combustion engine” to improve its manufacturing process. “Gas engines are powerful but dangerous,” the owner said. “We…

The disgraced crypto executive frequently praised the need for crypto regulation in public. 383 Total views 54 Total shares Despite publicly supporting drafting crypto regulation to protect customers, disgraced crypto exchange FTX founder Sam “SBF” Bankman-Fried appears to have shared a deep disdain for regulators.During SBF’s ongoing criminal trial, Assistant U.S. Prosecutor Danielle Sassoon inquired if

On Dec. 2, the United States dollar index (DXY), an index that measures the dollar's strength against a basket of top foreign currencies, reached 104.40 which was the lowest level seen in 5 months. To recap, the U.S. dollar's weight against the basket of top foreign currencies grew by 19.6% in 2022 until late September as…

“If you told me you own all of the Bitcoin in the world and you offered it to me for $25 I wouldn’t take it because what would I do with it?” Warren Buffett said. 787 Total views 6 Total shares Billionaire investor Warren Buffett has once again slammed Bitcoin, asserting he “wouldn’t take” all…