Despite Bitcoin’s surge, mining stocks struggle to match gains in 2024

December 24, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

Many mining stocks are on track to close the year in the red, even with Bitcoin’s gains in 2024.

FTX.US acquires LedgerX for an undisclosed amount to dive into Bitcoin and Ether futures trading. 850 Total views 8 Total shares FTX.US, the United States-based affiliate of Sam Bankman-Fried’s cryptocurrency exchange FTX, is acquiring crypto derivatives platform LedgerX for an undisclosed amount.FTX.US’ owner, West Realm Shire Services, announced on Tuesday that the company had executed a sale-and-purchase…

Crypto could justifiably spend even more on lobbying

An uneasy feeling about the current volume of crypto political spending is understandable. If you believe in the mission, it’s the price of survival.

3 reasons why Curve (CRV) price is trending toward a new 1-year high

This week cryptocurrency traders turned their focus to the pack of dog-themed meme tokens as altcoins like Shiba Inu and Dogecoin (DOGE) saw a surge in volume which resulted in SHIB hitting a new all-time high and the remaining Dogecoin clones booking some juicy gains. Traders are now debating whether the launch of the first…

Study suggests Canadian CBDC could promote digital innovation within the country

The Bank of Canada suggested that a Canadian CBDC could provide a number of innovations, including the elimination of transaction fees from debit and credit cards. 105 Total views 1 Total shares A study released by Canada’s central bank, Banque du Canada, has noted a number of favorable reasons that the country could benefit from…

CipherTrace gives officials tips on how to uncover criminals’ crypto caches

CipherTrace has published comprehensive guidance intended to help law enforcement identify signs of crypto usage when conducting investigations. 948 Total views 15 Total shares Blockchain forensics firm CipherTrace has published comprehensive guidance to assist law enforcement officials in identifying signs of cryptocurrency use when carrying out criminal investigations.The report notes that the U.S. Department of…

Dogecoin whale activity slows down as billions of dollars depart blockchain

DOGE’s recent surge in network activity appears to be grinding to a halt. 3136 Total views 8 Total shares After a flurry of activity that saw Dogecoin (DOGE) briefly process a higher dollar value of daily transactions than Bitcoin (BTC) and Ether (ETH) combined, the surge seen on the Dogecoin blockchain appears to be slowing…

DeFi platforms see profits amid FTX collapse and CEX exodus: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.The FTX collapse has created a sense of uncertainty among large and retail investors alike, who are not very sure whether they should keep their funds on centralized exchanges or…

Ethereum 2.0 Devs Discuss Medalla Issues as Network Stabilizes

Following the successful but imperfect launch of the Medalla testnet, the first community testnet for Ethereum 2.0, developers spoke on the issues and needed improvements highlighted by the event.In an Eth 2.0 Dev call held on Aug. 6, the network’s client developers discussed what initially went wrong.As Cointelegraph previously reported, it took some time for…

DeFi’s quest to reimagine finance must come from a community-based design

Crypto has seen a rise in novel uses of liquidity mining and rewards through protocols like Uniswap, Aave and Compound. More recently, a new crop of DeFi 2.0 protocols such as OlympusDAO, Alchemix and Abracadabra are exploring new ways of operating without giving up token rewards. For all the innovations happening with decentralized systems in crypto,…

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