BTC miners are ideal energy consumers, but regulators need to catch up — Hive

October 4, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

According to Hive’s CEO, data centers have the potential to enhance grid stability, especially as the transition to renewable energy introduces more volatility into power systems.

Anyone following crypto news has undoubtedly seen numerous articles that forecast Bitcoin’s (BTC) valuation following the upcoming halving slated to take place in May of this year. And although the price of Bitcoin is clearly important to the industry and investors at large, planning for the halving is particularly critical to cryptocurrency miners.Once the halving…

Coinbase fixes Solana transaction backlog after 48-hour delay

The backlog issue led to pending transaction times of up to 21 hours on the crypto exchange following President Donald Trump’s memecoin launch.

Blockfi exec explains institutional outlook on altcoins

He says that institutional players look for certain volume and market cap levels when considering altcoins. 1059 Total views 6 Total shares Could institutional investors begin expanding into altcoin purchases? Blockfi’s vice-president for Europe and Asia, David Olsson, mentioned liquidity as a component of consideration.Some digital assets on the market, including newer ones, may see…

Cointelegraph Feed

Proof-of-Ink to boost Web3 adoption, Fed rate cut could spur DeFi summer: Finance Redefined

Gavin Wood introduced a major infrastructure development for Web3 citizenship, while Hashkey’s CEO forecasted a resurgence in the DeFi market driven by lower interest rates.

Users of Nigeria-Based Crypto Wallet Lose $1M in Alleged Exit Scam

Nigerian crypto wallet Satowallet has allegedly pulled off a $1 million exit scam, while the firm cites an unexplained OVH data server error that has kept user funds in limbo.Multiple versions to delay withdrawalsAfter users first reported withdrawal issues in April 2019, Satowallet has been citing different versions of events to account for their failure…

Is the cryptocurrency epicenter moving away from East Asia?

It probably came as little surprise last year when crypto intelligence firm Chainalysis declared East Asia “the world’s largest cryptocurrency market,” accounting for 31% of all cryptocurrency transacted during the previous 12 months. The region has a broad base of retail users along with a solid foundation of crypto traders and institutions, and China alone…

Expanding ecosystem and $1.86B futures open interest back Solana’s $250 target

Solana (SOL) price is meeting resistance near its all-time high again, but solid fundamentals and the impressive growth of its decentralized finance (DeFi) and non-fungible token (NFT) ecosystem are likely to drive the altcoin above $250 before year-end.SOL/USDT 1-day chart. Source: TradingViewInstitutional investor interest is likely a key factor behind Solana’s impressive 490% gain since…

WisdomTree files for XRP ETF in Delaware

This state-level filing is seen as a preliminary step toward SEC approval.

Tottenham Hotspur taps Chiliz blockchain for Web3 fan token

Tottenham Hotspur will become the latest Premier League team to tap into blockchain technology to issue and manage its own Web3 fan token to drive supporter engagement and rewards.Spurs will issue the fan token through Socios.com, the fan engagement platform built on the Chiliz blockchain that has attracted over 80 major sporting teams from different

Share this: