A widespread outage hit X on Monday which affected users across the world. Many experienced connectivity problems early in the day, with error messages appearing on their screens. Downdetector tracked a peak of 40,000 complaints as the service remained unstable for several hours. A hacker group with alleged Russian ties, known as Dark Storm, has…
Ben Gagnon, Bitfarms’ Chief Executive Officer, shared his thoughts on how new geopolitical challenges from the Trump administration would impact the Bitcoin mining industry. Gagnon said during a Bloomberg TV interview on March 11 that both the US and Canada have been energy-driven economies for more than 200 years. Blessed with easy access to affordable…
Key Takeaways Nasdaq has filed with the SEC to list Grayscale Hedera Trust holding HBAR tokens. HBAR is the 16th largest crypto asset by market capitalization. Share this article The US SEC has acknowledged a proposed rule change that would allow Nasdaq to list and trade shares of the Grayscale Hedera Trust. Upon acknowledging the…
Most inexperienced investors make the mistake of believing they’re late to the game with Bitcoin. Nope. Wrong! Although Bitcoin is the top dog, there’s still plenty of room for it to grow and dethrone gold’s market cap (that’s a 10x gain when that happens by the way). Let’s discuss two reasons why you’re still an…
Broader economic concerns, including recession fears and stubborn inflation, have rattled the crypto market, leading to a sharp downturn. Bitcoin has struggled under these conditions, which, in turn, has forced miners to sell more BTC to sustain operations. As a result, increased selling pressure from miners has compounded market instability. Miners Offload BTC to Cover…
Base, the layer-2 network by Coinbase, could dominate the decentralized finance and consumer applications market starting in the second quarter, according to blockchain analytics firm Nansen. Nansen’s latest report highlights on-chain activity, robust metrics, and a growing user base as some of the catalysts that signal a potential explosive performance for Base in Q2. This…
Key Takeaways Franklin filed an S-1 with the SEC to launch an ETF focused on XRP. A final decision is expected by October 2025 for most filings. Share this article Franklin Templeton has filed an S-1 registration form with the SEC for an XRP ETF, following the February registration of the Franklin XRP Trust in…
The Cayman Islands, long regarded as a haven for cryptocurrency businesses due to its favorable regulatory environment, is set to implement stricter oversight on firms providing crypto custody and trading services. Starting 1 April 2025, companies operating in this sector will be required to obtain licenses under the updated Virtual Asset (Service Providers) (Amendment) Regulations….
As the crypto market continues to struggle, bitcoin (BTC) has broken into a new volatile range. On March 10, the cryptocurrency fell below $80,000 and touched the $76,800 range before climbing back up to $81,000 at the time of writing. According to the latest edition of the Bitfinex Alpha report, the cryptocurrency’s decline to $76,800…
While panic selling has seen Bitcoin’s price slip below $80,000, whales looking to leverage the potential opportunity have aggressively accumulated over 65,000 BTC. On Mar. 11, as Bitcoin (BTC) struggled near the $80,000 mark, on-chain data and analytics platform CryptoQuant shared details showing that large holders, dubbed whales, have been busy buying on the cheap…
