Bitcoin miner Riot Platforms hash rate booms 50% in June
Riot’s hash rate of 22 EH/s surpassed CleanSpark and Core Scientific and now only trails Marathon Digital’s 31.5 EH/s.
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Spanish Left-Wing Political Coalition Proposes Subcommittee to Study Blockchain, Crypto
Spanish left-wing political coalition Unidos Podemos has called on the state to explore and implement the benefits of blockchain technology, local news agency Europa Press reported August 12. Podemos, formed from left wing parties Podemos, United Left, Equo and others has suggested that the Spanish government establish a subcommittee responsible for studying the potential of…
What Crash? Bitcoin Hash Rate Doubles in 24 Hours Despite Price Drop
Bitcoin (BTC) has already dispelled myths its hash rate suffered a 40% drop this week, reaching new all-time highs just days afterwards.What hash crash?As data from monitoring resource Coin Dance confirms, after the hash rate metric dipped from 104 quintillion hashes per second (h/s) to 57 on Sept. 23, it immediately reversed.On Sept. 24, it…
Former Visa exec joins Crypto.com to drive Latin American market
Traditional finance execs are increasingly moving into crypto positions. 2506 Total views 24 Total shares The cryptocurrency industry welcomes another high-profile executive from traditional finance.Filomena Ruffa, a former vice president of innovation and strategic partnerships at Visa’s Latin America division, has joined Crypto.com to expand the company’s Latin American market.According to an Oct. 28 blog…
IMF recommends CBDC and global crypto standards for financial stability
The fresh policies recommended by the IMF aim to curb down the financial risks associated with global crypto adoption. 2954 Total views 68 Total shares The International Monetary Fund (IMF) released a set of actionable policies for the emerging markets and developing economies to ensure financial stability amid global crypto adoption. The IMF believes in the…
Any dip buyers left? Bulls are largely absent as the total crypto market cap drops to $1.65T
The total crypto market capitalization has been trading within a descending channel for 24 days and the $1.65 trillion support was retested on May 6. The drop to $1.65 trillion was followed by Bitcoin (BTC) reaching $35,550, its lowest price in 70 days.Total crypto market cap, USD billion. Source: TradingViewIn terms of performance, the aggregate…
Bitcoin’s Coinbase premium hits 39-day high as $63K is reclaimed
Bitcoin demand among United States investors surged after the Federal Reserve confirmed its intentions to lower interest rates.
Major Brazilian Bank Brodesco Joins R3 Corda-Powered Global Trade Finance Network
Prominent Brazlian bank, Banco Bradesco, has become the latest institution to join R3’s Marco Polo blockchain network for trade finance, according to a press release shared with Cointelegraph on May 14.Banco Bradesco is among Brazil’s leading banks, with total assets worth $338.2 billion and a market capitalization of $49.1 billion, the press release states.The Marco…
Tucker Carlson outlines wild theory to explain Bitcoin price rise: ‘Maximum tin foil’
Members of Crypto Twitter were quick to mock Tucker Carlson, who provided no supporting evidence to back his claims. 1763 Total views 13 Total shares Own this piece of history Collect this article as an NFTControversial Fox news television host Tucker Carlson has proposed a curious conspiracy theory that seeks to link airline delays in…