Ethereum back above $3.5K as Consensys says SEC to drop ETH probe

June 19, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

ETH jumped slightly and again broke $3,500 in the minutes after Consensys reported the SEC had dropped its investigation into Ethereum.

Venezuela plans to back its national oil-pegged cryptocurrency, the Petro (PTR), with 30 million barrels of crude oil. Venezuelan President Nicolas Maduro announced that the oil inventories are sitting in the country’s storage tanks and are ready for immediate commercialization to serve as a “liquid, physical, material backing” for the Petro. The president announced the news…

Jack Dorsey’s Square commits $10M to green energy for Bitcoin mining

The new Bitcoin Clean Energy Investment Initiative will aim to make mining more eco-friendly. 394 Total views 6 Total shares On Tuesday, payments giant Square announced a major push to go carbon neutral by 2030.As part of the initiative, Square will be dedicating $10 million to its Bitcoin Clean Energy Investment Initiative, which aims "to support…

Crypto Biz: Wall Street veteran launches $1.5B crypto fund, MELD ISPO shines spotlight on Cardano, Dec. 2

The Crypto Biz newsletter is delivered weekly to your inbox. Join the mailing list to stay up to date on the week's biggest business stories. 366 Total views 12 Total shares Crypto converted another Wall Street veteran this week after former Citi executive Matt Zhang launched a $1.5 billion digital asset fund. A new funding…

Bitcoin Price Diary: How REN/BTC Double Bottom Made Me 49% Profit

In this third installment of my Bitcoin Price Diary, I’ll revisit some open positions which are still in play and review a sizable trade on REN. I also have a position in Bitcoin (BTC) that is still largely open. As I have said a number of times on Twitter, I believe that it has been an…

Compound Reward ‘Farming’ Results in Six-Fold Increase of Lending Activity

A user reward scheme to distribute the new Compound governance token (COMP) has resulted in a dramatic rise of the value locked in the decentralized finance protocol as traders sought to “farm” the token, as fans affectionately call the practice.According to data from Defi Pulse, the Compound protocol’s total locked value soared from about $100…

Binance Now Lets Users Buy 5 Cryptocurrencies with Debit, Credit Card

Customers of major crypto exchange Binance can now purchase crypto directly using debit and credit cards via payment processing firm Koinal.2.5% fee for buying crypto from Visa and MasterCardBinance users can now buy crypto using their Visa and MasterCard debit and credit cards, the company announced in a blog post on Sept. 25.Using Koinal, Binance…

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