Tag: crypto news
Bitcoin Mine Closure Raises Electricity Bills in Norwegian Town
The closure of a Bitcoin mine in Hadsel, Norway, has resulted in a significant increase in electricity bills for local residents. This ...MicroStrategy Boosts Bitcoin Holdings: Now Owns $14.14B Worth of BTC
MicroStrategy, a publicly traded business intelligence company, has continued its aggressive Bitcoin accumulation strategy. The company recently announced the purchase of approximately ...Bitcoin Price Reaches $60K as Gold Sets New Record
Bitcoin’s price has experienced a significant surge, nearing the crucial $60,000 mark. This rally has been fueled by a combination of factors, ...Uniswap CEO Addresses Deployment Fee Allegations
Uniswap CEO Hayden Adams has vehemently denied allegations circulating on social media that the decentralized finance (DeFi) protocol has demanded payments from ...US Diplomats Pressure Nigeria for Release of Detained Binance Executive
The United States government has been exerting pressure on Nigerian officials to secure the release of Tigran Gambaryan, a Binance executive detained ...Circle Integrates USDC Functionality with Arbitrum
Circle Internet Financial, the issuer of the popular US Dollar Coin (USDC) stablecoin, has taken a significant step towards expanding USDC adoption ...UK Government Introduces Bill to Define Crypto Legal Framework
The United Kingdom government has taken a significant step towards providing legal clarity for cryptocurrencies by introducing legislation to assess their classification ...Blockchain Music Platform Tune.fm Raises $50 Million
Tune.fm, a blockchain-based music streaming platform, has announced a new investment of $50 million from Global Emerging Markets. This brings the platform’s ...Bitcoin Whale Transactions Plummet Since March Price Peak
Bitcoin whales, entities holding significant amounts of the cryptocurrency, have significantly reduced their buying and selling activity since March’s all-time high. This ...What is Staking in Crypto?
Cryptocurrencies are constantly evolving, and one term that keeps popping up is “staking.” But what exactly is staking, and how does it ...