ASIC market undergoes ‘significant repricing,’ analysts say
Following Bitcoin’s April halving, which cut miners’ rewards, many mining models saw “significant drawdowns” in pricing, according to Hashrate Index.…
US elections to keep driving crypto volatility: report
QCP Capital analysts said U.S. election news will continue to induce crypto market volatility as the presidential result will shape…
NFT market roundup: Ethereum, Solana dominate, CryptoPunks lead the pack
In the week ending July 6, the NFT market finally hit a green patch, with impressive sales volumes across the…
Bitcoin firm Swan pauses IPO plans, suspends mining arm
Bitcoin-focused firm Swan is suspending its crypto mining business, pulling plans to IPO “in the near future.” Californian Bitcoin-focused investment…
Hong Kong gets inverse financial product to bet against Bitcoin
Hong Kong’s stock exchange is launching its first Bitcoin inverse investment product, allowing traders to bet against the largest by…
BTC ETF inflows reached $533m ahead of ETH ETF launch
Spot Bitcoin exchange-traded funds in the United States have been seeing consecutive inflows ahead of the spot Ethereum ETF launch.…
Mt. Gox moves over 47k BTC to new addresses
Defunct crypto exchange Mt. Gox has moved more than more than 47,000 Bitcoin (BTC) to two new addresses. According to…
US house representative passes new bill targeting crypto-related illicit finance
The US House of Representatives has approved a new cryptocurrency bill aimed at curbing its use for illegal finance. Introduced…
Crypto investors splurge $3.2b in 3 weeks
CoinShares noted that crypto investors have piled $3.2 billion into digital asset investment products in the last three weeks, indicating…
Crypto miner HIVE Digital to double revenue with 100MW center in Paraguay
Canadian cryptocurrency mining firm HIVE Digital has announced plans to build a 100MW mining center in Paraguay to boost its…
Bitcoin layer-2 startup Bitlayer raises $11m
Bitlayer says it has raised $11 million in its series A round led by Franklin Templeton and ABCDE, bringing its…
Crypto liquidations surge 150% amid US election saga
Crypto liquidations increased significantly after the market-wide correction over the past day. The cryptocurrency ecosystem showed a quick reaction toward…