Crypto Super PAC spends $2M on attack ad targeting NY lawmaker
Democratic Representative Jamaal Bowman in New York’s 16th Congressional District has voted against three pro-crypto bills in the last 30 days.
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How to do mobile cryptocurrency mining?
Cryptocurrencies like Bitcoin (BTC) are created using a distributed computing process called mining. Miners (the network participants) undertake mining to verify the legitimacy of transactions on the blockchain and ensure network security by preventing double-spending. In return for their efforts, miners are rewarded with a certain amount of BTC. There are various ways to mine cryptocurrencies,…

GBTC premium matches Bitcoin price crash levels as unlocking fear fades
Funds are flowing back into GBTC, data suggests, as CEO Sonnenshein reiterates plans to turn Grayscale crypto funds into ETFs. 910 Total views 13 Total shares The Grayscale Bitcoin Trust (GBTC) is echoing bullish sentiment in Bitcoin (BTC) as its premium over spot price rises to its highest since May.Data from analytics resource Bybt shows…

3 reasons why Ethereum price is still on track to top $2,000
After dropping 27% over three days, Ether (ETH) price finally reached a bottom at $1,040 on Jan. 22. The sharp correction liquidated $600 billion worth of future contracts but interestingly, Ether price rebounded to a new all-time high even as Bitcoin price continues to trade in a slight downtrend. According to Cointelegraph, the increasing TVL and…

Galaxy Digital Founder Michael Novogratz: BTC Will Consolidate in $7,000-$10,000 Range
Michael Novogratz, founder and CEO of cryptocurrency merchant bank Galaxy Digital, has said that he expects bitcoin (BTC) to consolidate in the $7,000-$10,000 range, Bloomberg reports on May 30.Per the report, during a conference call discussing his company’s quarterly earnings, he noted that “on a go-forward basis, bitcoin probably consolidates somewhere between $7,000 and $10,000.”…

Chainlink Expected to Spend $25M More on Development Than Ethereum
According to the latest report from Flipside Crypto, Chainlink is spending one million LINKs a month rewarding node operators, outspending Ethereum by a wide margin.Chainlink’s aggressive expansionThe researchers observed that 500,000 Chainlink (LINK) are sent to node operators twice a month. Flows of LINK tokens within the crypto ecosystem. Source: Flipside Crypto.At current prices, this support…

London Metals Exchange Endorses International Blockchain Initiative: FT
United Kingdom-based global metals trading mecca the London Metals Exchange (LME) is reportedly backing an effort to disrupt industry supply chains with blockchain, but would not confirm its involvement, the Financial Times (FT) reported on March 27.Citing unnamed sources familiar with the alleged plan, FT reported that LME is supportive of an international plan to…

Securitize adds Wormhole for multi-chain RWA tokens
Easier cross-chain transferability for RWAs is crucial to institutional adoption, executives say.

South Korean Fintech Firm Launches ‘First’ Won-Backed Stablecoin
South Korea-based fintech firm BxB Inc. has launched the first supposed stablecoin backed by the Korean won, according to a press release shared with Cointelegraph on Jan 29.There was an initial beta soft launch of the coin on Airswap, a decentralized exchange platform, before the tokens were released on the global and Korean exchange, according…