Did Bitcoin Runes already peak?
Tokens on the Runes Protocol are down from their peak, but don’t count them out yet. The protocol is less than three months old — and it’s just getting started.
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No, Bitcoin withdrawals from exchanges are not inherently bullish for crypto
Crypto analysts on X (the social media platform formerly known as Twitter) and in YouTube interviews have been abuzz with talk about the trend of Bitcoin leaving centralized exchanges.On Aug. 29, the quantity of Bitcoin (BTC) held within exchanges saw a decline, reaching its lowest point since January 2018. While various factors might underlie this

The Philippines halts virtual asset provider license applications
The Banko Sentral ng Pilipinas said that the closing of VASP applications begins on Sept. 1, 2022, and will last for three years. 69 Total views 6 Total shares While many believe that the Philippines can become a new crypto hub, that dream may be shattered in the meantime as the country’s central bank announced…

US judge deals blow to artists in copyright suit over AI generated art
A judge mostly sided with Midjourney, DeviantArt and Stability AI’s bid to dismiss the artists’ class action lawsuit that accused the firms of copyright infringement. 110 Total views 1 Total shares Artists have been dealt a setback in their copyright fight against generative AI firms after a class-action lawsuit against several of the firms was

Iris Energy to double hash rate in 2024 with $22M Bitmain T21 mining rig order
Iris Energy will receive mining hardware orders from Bitmain in the first six months of 2024, taking its operational mining capacity above 10 EH/s. Renewable Bitcoin mining firm Iris Energy is set to increase its total hash rate to 10 exahash per second (EH/s) in 2024 by acquiring new Bitmain T21 mining rigs.The company announced

Banks fall in line as China’s central bank cracks down on crypto accounts
AgBank — the world's third-largest bank by assets — has indicated it will follow the PBoC's cue and work to stamp out its clients' crypto-related activities. The Agriculture Bank of China (AgBank) — the world's third-largest bank by assets — is set to implement Beijing's firm anti-cryptocurrency measures and rigorously vet its clients to ensure…

Grayscale is buying BTC 54% faster than it is mined so far in 2021
Grayscale is continuing its BTC accumulation spree, snapping up more than 40,000 BTC in just 16 days. 1052 Total views 7 Total shares Digital asset manager Grayscale is showing little signs of slowing down its Bitcoin accumulation, adding around 40,000 BTC to its stash since January 13. That's around $1.36 billion worth of Bitcoin in…

Kazakhstan Sets Eyes on Top-3 Spot for Global Bitcoin Mining
Kazakhstan is becoming an important destination for Bitcoin (BTC) miners seeking cheap electricity in the post-halving market driven by thinner margins. According to recent reports, the oil-rich Central Asian country expects the total amount of money invested in local crypto mining operations to double by the end of 2020 and attract $738 million over the…

Tron Will Hard Fork in February to Add Institution-Friendly Features, CEO Confirms
Blockchain development platform and BitTorrent owner Tron will debut a host of upgrades via a hard fork at the end of the month, CEO Justin Sun confirmed on social media on Feb. 23.Tron, which presents itself as a competitor to Ethereum (ETH) for launching cryptocurrency tokens and other offerings, is preparing to increase its appeal…