CleanSpark acquires 7 mining sites in Tennessee, hashrate to grow 22%
CleanSpark is acquiring more sites in Tennessee after buying GRIID Infrastructure’s facilities there.
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Why the Bitcoin ‘mid-halving’ price slump will play out differently this time
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Calls for regulation get louder as FTX contagion continues to spread
The FTX saga has made some crypto executives, researchers, analysts, and politicians more aligned on regulation than ever. 608 Total views 19 Total shares Crypto executives and politicians are becoming louder in their calls for crypto regulation as the aftermath of the FTX collapse continues to reverberate through the industry. In just the last 24 hours,…
Consumer Electronics Giant HTC Announces Bitcoin Full-Node on Exodus 1S Smartphone
Consumer electronics giant High Tech Computer (HTC) announced the Exodus 1S smartphone with bitcoin (BTC) full node capability in a press release shared with Cointelegraph on May 11.In the press release, the company claims that the value-oriented version of the smartphone will be released at the end of the third quarter of 2019. Building on…
Bitcoin Runes protocol sees sharp decline in popularity
The Bitcoin Runes protocol initially dominated daily transactions post-launch but is now seeing a decline, with BTC reclaiming its network dominance.
EU’s new crypto law: How MiCA can make Europe a digital asset hub
The European Union signed the Markets in Crypto-Assets (MiCA) regulations into law on May 31, making way for the landmark regulatory guidance on crypto assets and service providers to come into effect.First drafted in 2020, the EU’s regulatory package will govern the issuance and scope of services related to the cryptocurrency market. The European Parliament…
Bitcoin ‘supercycle’ may emerge in 2021 as Fed balance sheet hits new record high
Bitcoin (BTC) is looking increasingly like it is in a “supercycle,” not just a bull cycle, statistician Willy Woo suggests.In a Twitter exchange on Feb. 12, the popular analyst joined Dan Held, growth lead at U.S. exchange Kraken, calling the current BTC market a bull run like no other.Woo: Retail has arrivedHeld had previously explained…
Despite Ban, China Keeps Trading Cryptocurrency Thanks to Tether and VPNs, Says Report
Chinese traders are using virtual private networks (VPNs) as a major tool to circumvent the ongoing government crackdown on cryptocurrency trading, local media outlet South China Morning Post (SCMP) reported September 8.According to SCMP, referencing reports from Beijing-affiliated Shanghai Securities Times, traders have begun leveraging stablecoin Tether (USDT) as a means of entering and exiting…
Full decentralization will happen in a few years — Layer-2 rollup teams
Several layer-2 rollup teams, including those for Linea, zkSync, Arbitrum and Optimism, claimed that full decentralization is coming soon.