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Category Archive : Crypto News

Bitcoin Mining Difficulty Slumped Last Week in Biggest Decline Since Crypto Winter: Bernstein

Lower cost miners have increased market share since the bitcoin halving event, the report said.

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Author: Will Canny

Bitcoin Below $60K Could Trigger ‘Panic’ Selling, Crypto Analyst Says

One trader said recent declines are likely related to miners’ asset sell-offs and fears of tighter regulation of cryptocurrencies.

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Author: Shaurya Malwa

Chinese Police Bust $296M Illegal Crypto-Based Currency Operation: Report

Police in Panshi City, Jilin arrested six people for running an “underground bank.”

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Author: Sheldon Reback

Stablecoin Expansion Stalls Ahead of U.S. Inflation Data

Wednesday’s U.S. CPI data is expected to show the cost of living likely increased 3.4% over the year in April, a moderation from March’s 3.5%.

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Author: Omkar Godbole

Synthetix founder Kain Warwick launches Infinex

The developers at Synthetix have rolled out Infinex — a front-end site for that unifies DeFi ecosystems under a user-friendly layer.

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Author: Vishal Chawla

Bernstein argues bitcoin’s ‘flattish’ price action is great for public miners

Bernstein analysts said they don’t anticipate any major drawdown here and expect BTC to remain range-bound before breaking out to the upside.

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Author: James Hunt

Bitcoin price gains ahead of this week’s US inflation prints

Bitcoin posted an uptick on Monday as traders await U.S. inflation data, which could help determine the likelihood of rate cuts in 2024.

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Author: Brian McGleenon

Custody Provider Liminal Wins Approval in Abu Dhabi as It Extends Expansion in Asia

Singapore-based Liminal won approval to operate as a regulated custodian, another sign of its expanding footprint in the APAC and MENA regions.

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Author: Amitoj Singh

Bitcoin worth over $60 million moved for the first time in 10 years

The transfers were made via two potentially related wallet addresses, moving 500 BTC each in close proximity.

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Author: James Hunt

Layer 3 Degen Chain hasn’t produced a block in 11 hours

Layer 3 Degen Chain is experiencing operational downtime and the network has not produced a block for over 11 hours.

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Author: Vishal Chawla


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