BitFuFu boosts Bitcoin mining with first physical facility in Ethiopia

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…

The JVCEA will release a “green list” of 18 cryptocurrencies that will no longer be subject to screening by Japanese crypto exchanges before listing. 319 Total views 22 Total shares Japanese cryptocurrency exchanges are reportedly moving to increase competition with foreign crypto trading platforms by planning to simplify the process of listing new cryptocurrencies.The Japan…

Bahrain-based crypto exchange CoinMENA acquired a major license ahead of its launch in several countries including the UAE and Saudi Arabia. CoinMENA, a soon-to-launch cryptocurrency exchange headquartered in the Kingdom of Bahrain, has obtained a license from the Central Bank of Bahrain, or CBB.The newly acquired “Crypto Assets Services Company License” allows CoinMENA to operate…

Bitcoin’s price (BTC) action has been relatively uneventful, especially when compared against the explosive price action of last week when the digital asset stomped through the $9K barrier and rallied all the way $9,530 for a strong monthly close. Bitcoin daily price chart. Source: Coin360This week all of the attention seems to be oriented towards Tesla,…

In an unexpected turn of events, Bitwise has submitted a request to retract its application for the Bitcoin and Ethereum Market Cap Strategy Ethereum Futures Contracts (ETF), initially filed with the Securities and Exchange Commission (SEC) on Aug. 3.While market sentiment turned bullish following Grayscale's SEC victory, Bitwise appears to be discreetly reassessing its strategy.

The China Construction Bank (CCB) officially released the second version of its blockchain trading platform, which reached 360 billion yuan ($50 billion) in cumulative transaction volume.CCB will actively promote blockchain platformOn Oct. 9, Xinhua news agency reported that CCB, one of the big four banks in the People's Republic of China, announced the release of…

In his new position as Ledger’s vice president of NFTs, Brooks will be responsible for bridging the platform with the artistic community. 2302 Total views 15 Total shares Apple Music veteran Parker Todd Brooks is leaving the company to join Ledger, one of the biggest providers of cryptocurrency hardware wallets.According to a Friday announcement, Brooks…

Coinbase has emerged as a vocal advocate for the crypto industry in the face of ongoing regulatory crackdowns in the United States.

Bitcoin and Ether are finding buyers at higher levels, indicating that the respective overhead resistance levels are weakening and new all-time highs could be on the way.