September 2022
Markets: Bitcoin, Ether edge up; Cardano, Solana lead gains in crypto top 10
Bitcoin rose slightly in Monday morning trading in Asia, but the world’s largest cryptocurrency was trading below the key resistance line of US$20,000 after falling below that mark on Saturday. Ether edged up, along with Cardano and Solana, while most other tokens in the top 10 by market capitalization were little changed. See related article: […]
Bitcoin gains as US unemployment rate rises to 3.7%, indicates inflation slowing
Bitcoin gained almost 2% on Friday evening in Asia after the U.S. Bureau of Labor Statistics reported that the unemployment rate in August rose to 3.7% from 3.5% in July. The figures suggest the U.S. economy is slowing, which may influence the Federal Reserve when it meets this month to decide on raising interest rates. […]
Markets: Bitcoin, Ether, Cardano, Doge gain; Celsius token jumps amid refund reports
Bitcoin edged above the US$20,000 mark, the price it fluctuated around all week, while Ether rose more than 3% in late afternoon trading in Asia on Friday. Cardano, Dogecoin and Solana all added more than 2%. Celsius rallied over 34% in the past 24 hours. See related article: Bitcoin fluctuates, Ether gains, MATIC jumps on […]
Bitcoin fluctuates, Ether gains, MATIC jumps on Robinhood inclusion
Bitcoin was fluctuating around US$20,000, while Ether was among the biggest gainers in the cryptocurrency top 10 by market capitalization in early Friday morning trading in Asia. Most other tokens on the list were little changed, though Cardano rose. See related article: Markets: Bitcoin, Ether, Cardano slip; remnants of Terra – USTC and LUNC – […]
Markets: Bitcoin, Ether, Cardano slip; remnants of Terra – USTC and LUNC – jump
Bitcoin slid back down under the US$20,000 mark late afternoon in Asia, with the rest of the top 10 tokens by market capitalization turning lower. Terra’s fallen cryptocurrency surged, likely due to LUNA Classic’s recent network upgrade. See related article: Markets: Bitcoin edges up; U.S. stocks, bonds post worst returns in 5 decades Fast facts […]
Markets: Bitcoin edges up; U.S. stocks, bonds post worst returns in 5 decades
Bitcoin and Ether made up some ground, with most other tokens in the crypto top 10 little changed in early Thursday morning trading in Asia. Bitcoin traded back above US$20,000 after falling through that resistance level overnight. Global macroeconomic headwinds continue to drag on both crypto and capital markets. See related article: Markets: Bitcoin trades […]
August 2022
Markets: Bitcoin trades above US$20,000, Ether slides, Cardano gains
Bitcoin held on to the US$20,000 mark, but was trending weaker in late Wednesday afternoon trading in Asia. Ether was also moving lower, along with most other top 10 coins by market capitalization. Cardano was the standout on the list with a marginal gain. See related article: Markets: Bitcoin dips back below US$20,000, Ether falls […]
Bitcoin mining difficulty at its second highest on record, rises over 9%
Bitcoin mining difficulty rose by 9.3% on Wednesday, marking the biggest jump since January and the second highest level on record, according to data from BTC.com. See related article: Chinese mining rig maker Canaan says global expansion on track despite ‘crypto winter’ Fast facts The mining difficulty reading was at 30.98 trillion, as of block […]
Markets: Bitcoin dips back below US$20,000, Ether falls in boxed-in crypto market
Bitcoin fell back below US$20,000 after moving above that resistance line on Tuesday, while Ether also lost ground in early morning trading in Asia on Wednesday amid signs broader macroeconomic concerns are keeping a lid on cryptocurrency markets. See related article: Markets: Bitcoin holds gains; Ether, Avalanche surge; Solana jumps Fast facts Bitcoin fell 2.5% […]
Markets: Bitcoin holds gains; Ether, Avalanche surge; Solana jumps
Bitcoin and Ether added to morning gains in Tuesday afternoon trading in Asia, as most other top 10 coins by market capitalization also rose. Avalanche rebounded after a slump over the weekend following whistleblower allegations that the company paid a law firm to stage litigations and class-action lawsuits against its rivals. See related article: Markets: […]
CME Group launches euro-denominated Bitcoin, Ether futures
CME Group — the world’s largest operator of financial derivatives markets, including the Chicago Mercantile Exchange — has launched euro-denominated futures on Bitcoin and Ether. See related article: New US crypto bill seeks to make CFTC top Bitcoin, Ethereum watchdog Fast facts See related article: Here comes the crypto derivatives boom
Markets: Bitcoin back above US$20,000; Ether, Ether Classic jump ahead of merge
Bitcoin broke back above US$20,000 in Tuesday morning trading in Asia, with most of the top 10 cryptocurrencies by market capitalization gaining. Ether rebounded, while Avalanche also recovered from a drop-off following whistleblower allegations that the company “weaponized” litigation against its rivals. See related article: Markets: Bitcoin fails to hold above US$20,000, Ether slumps, SHIB […]
Bitcoin miners, investors still active in BTC despite price fluctuations
Although the price of Bitcoin fell below US$20,000 for the first time since mid-June after sliding 7% in the 24 hours following Federal Reserve Chairman Jerome Powell’s hawkish speech, the number of addresses holding over 0.1 bitcoin hit all-time-high on Sunday. This was despite mining difficulty for the crypto likely to see its third-highest ever […]
Markets: Bitcoin fails to hold above US$20,000, Ether slumps, SHIB slides
Bitcoin traded below US$20,000 and Ether fell further in Monday afternoon trading in Asia. Solana fell, along with memecoins Dogecoin (DOGE) and Shiba Inu (SHIB), with SHIB dropping below Dai and Polygon by market capitalization. See related article: Bitcoin stays below US$20,000 Monday morning after Friday Fed shock Fast facts Bitcoin traded down 0.83% in […]
Markets: Bitcoin stays below US$20,000 Monday morning after Friday Fed shock
Bitcoin and Ether fell Monday morning in Asia, along with all other cryptocurrencies in the top 10 by market capitalization. The slump continues a slide over the weekend after U.S. Federal Reserve Chairman Jerome Powell rocked crypto and equity markets on Friday with comments about economic pain ahead as the Fed raises interest rates to […]
Markets: Bitcoin, Ether fall; Solana, BNB slip, while Cardano rises
Bitcoin and Ether reversed from morning gains in Friday afternoon trading in Asia. Solana was the biggest loser among the top 10 coins by market capitalization, followed by BNB. See related article: Markets: Ethereum, Ethereum Classic lead crypto gains as Bitcoin posts modest gains Fast facts Bitcoin traded down 1.34% in the past 24 hours […]
BTC miner Whinstone countersues Japan’s GMO Internet for US$15 mln
Riot Blockchain (RIOT)’s Bitcoin mining facility Whinstone is seeking at least US$15 million in damages from Japanese tech company GMO Internet in a four-year-long dispute over usage of mining equipment, according to a document filed in the U.S. District Court for the Southern District of New York on Monday. See related article: Crypto miners plan […]
Markets: Ethereum, Ethereum Classic lead crypto gains as Bitcoin posts modest gains
Ethereum and Ethereum Classic headlined the day’s top gainers among the crypto top 100 while Bitcoin traded sideways during early Friday morning trading in Asia. The total crypto market was up 1.3% to US$1.04 trillion while U.S. investors remain shaky as they await guidance on possible interest rate rises from the Federal Reserve. See related […]
Crypto ATM Bitcoin Depot unveils US$885 mln SPAC listing plans
Bitcoin Depot has announced its backdoor listing plans on the Nasdaq by the first quarter of 2023 via a merger with special purpose acquisition company (SPAC) GSR II Meteora at an estimated equity value of US$885 million, the crypto ATM operator said in a statement. See related article: Bitcoin ATMs face existential threat in Hong […]
Markets: Bitcoin, Ether bounce back; XRP climbs, Ether Classic jumps, Ankr gains on staking
Bitcoin and Ether staged a rebound Thursday afternoon in Asia, with most other tokens in the top 10 cryptocurrencies by market capitalization following them higher in a tentative recovery from last week’s slump. See related article: Markets: Bitcoin treads water, Ether Classic gets a bump, Cosmos gains on Kujira news Fast facts Bitcoin gained 1.97% […]
Markets: Bitcoin treads water, Ether Classic gets a bump, Cosmos gains on Kujira news
Bitcoin and Ether were little changed in Asia on Thursday morning, though Ether Classic rose. Solana and Cardano lost ground along with most other top 10 tokens by capitalization, though the global cryptocurrency market cap edged up 0.23% to US$1.03 trillion. Investors across all financial markets remain on edge about the direction of interest rates […]
Tornado Cash arrest heralds storm season for crypto mixers
Top blockchain and crypto news: Tornado Cash, mixer crash. Cardano’s Vasil vulnerabilities. Canaan earnings buoy expansion plans.
Markets: Dogecoin still in the dog house; Bitcoin, Ether make up some ground
Bitcoin and Ether traded higher in Wednesday afternoon trading in Asia, as the two biggest cryptocurrencies in the top 10 by market capitalization made up some marginal ground from the recent slump. Dogecoin fell, marking a 20% loss over the past seven days. See related article: Markets: Bitcoin, Ether gain with most of crypto top […]
Markets: Bitcoin, Ether gain with most of crypto top 10; BNB slips, U.S. equities flat
Bitcoin gained along with most other top 10 tokens by market capitalization in early morning trading in Asia, though Ether was the pace leader with the larger climb. U.S. equities were little changed overnight. See related article: Markets: Bitcoin edges up, Ether posts biggest gain among top 10 tokens Fast facts Bitcoin added 0.6% to […]
Bitcoin has been mounting in DBS Digital Exchange in volatile June
Bitcoin custodied by Singapore-based DBS Digital Exchange (DDEx) grew by 30% from April 30 to June 30 this year while Ethereum under custody grew by 3% during the same period. See related article: DBS Bank slams brakes on retail crypto trading Fast facts Bitcoin bought on DDEx in June was nearly four times that of […]
Markets: Bitcoin edges up, Ether posts biggest gain among top 10 tokens
Bitcoin made up some ground, while Ethereum posted the largest gain among the top 10 coins by market capitalization in Tuesday afternoon trading in Asia. Dogecoin was the second-largest gainer among the top 10. See related article: Markets: Bitcoin, Ether mixed; Solana hit six-week low overnight, Dogecoin dips Fast facts Bitcoin gained 0.62% in the […]
Australia’s crypto industry split on Treasury’s ‘token mapping’ scheme
The Treasury Department says its plan for how to regulate cryptocurrencies is unlike anything else in the world, but the country’s crypto industry isn’t sure that’s a good thing.
Markets: Bitcoin, Ether mixed; Solana hit six-week low overnight, Dogecoin dips
Bitcoin and Ether were mixed Tuesday morning in Asia, while Solana led the downturn in the rest of the cryptocurrencies in the top 10 by market capitalization. Most of the Top 10 are seeing double-digit price declines over the last seven days. See related article: Markets: Bitcoin, Ether dip; DOGE, SHIB slide; Jackson Hole, […]
Crypto volatility returns; Big names investing in blockchain
BTC and ETH hit by volatility, while big players start investing in blockchain despite market wobbles.
Ronin hackers converted stolen ETH to BTC using sanctioned mixers: report
The hackers responsible for stealing US$610 million worth of crypto from Axie Infinity’s Ronin bridge back in March have since transferred most funds from ETH into BTC using renBTC and privacy tools like Blender, ChipMixer, and TornadoCash, according to a report. See related article: Axie Infinity blockchain Ronin hacked for over $600M Fast facts The […]
Markets: Bitcoin, Ether dip; DOGE, SHIB slide; Jackson Hole, Merge in focus
Bitcoin and Ethereum edged down again in Monday afternoon trading in Asia, after both posted sharp declines on Friday and had a bit of a rollercoaster over the weekend that drove most other tokens lower. Dogecoin was the biggest mover today among the top 10 coins by market capitalization and logged a 3.09% fall in […]
Markets: Bitcoin, Ether gain; BNB best performer among top 10 tokens
Bitcoin and Ether rose with most of the top 10 cryptocurrencies by market capitalization in Monday morning trading in Asia. The gains follow a flash crash last Friday afternoon that dragged the world’s leading cryptocurrency below US$21,000 on Saturday for the first time in almost a month. Bitcoin is still down about 12% in the […]
Markets: Bitcoin below $22,000; Ether extends decline; Cardano, Solana, DOGE slide
Bitcoin fell below US$22,000 in Friday afternoon trading in Asia as investors after a nervous week seemed to be trimming portfolios ahead of the weekend. Ethereum fell back despite the buzz around its upcoming blockchain Merge. Cardano, Solana, Dogecoin and Polkadot dropped over 10% in the past 24 hours. See related article: Bitcoin, Ether fall […]
Bitcoin mining difficulty rises 0.63% in latest adjustment
Bitcoin mining difficulty rose by 0.63% on Thursday, marking the second increase in a row in latest adjustments, according to data from BTC.com. See related article: Bitcoin miner Stronghold to return mining rigs to cut debt; shares plunge as losses widen Fast facts The mining difficulty reading was at 28.35 trillion, as of block height […]
Bitcoin, Ether fall in broad crypto pull back; memecoins reverse gains
Bitcoin and Ether continued their weekly slide, while all other top 10 cryptocurrencies by market capitalization fell in Friday morning trading in Asia. The world’s number one cryptocurrency fell below US$23,000 for the first time in over a week. Investors remain tentative about macroeconomic trends – inflation and interest rates in the U.S. and a […]
EU seeks to limit banks’ crypto exposure
European Union (EU) banks with exposure to highly volatile cryptocurrencies like Bitcoin should face higher capital requirements, according to a proposed amendment to a European financial services law. See related article: Bitcoin miner Stronghold to return mining rigs to cut debt; shares plunge as losses widen Fast facts Crypto assets like Bitcoin, which are considered […]
Confusion from US regulators; Markets hit by ‘vibe-flation’
The FDIC tries to deter banks from doing business with crypto firms. Meanwhile. Genesis CEO steps down amidst reshuffle.
Markets: Bitcoin, Ether fall; Solana, DOGE extend their declines
Bitcoin and Ether traded lower in Thursday afternoon trading in Asia. Solana saw the largest fall among the top 10 tokens by market capitalization, followed by Dogecoin. Asia equity markets were softer after minutes from the U.S. Federal Open Market Committee showed Fed Reserve officials saw little sign of inflation slowing. See related article: Markets: […]
Bitcoin miner Stronghold to return mining rigs to cut debt; shares plunge as losses widen
Shares of Bitcoin miner Stronghold Digital Mining Inc. plunged more than 25% in U.S. trading on Wednesday after the company said losses in the second quarter widened from a year earlier despite a restructuring plan that included the return of about 26,200 Bitcoin mining machines to slash debt in half. See related article: Bitcoin miner […]
Markets: Bitcoin, Ether decline; memecoins fall back, XRP holds gains
Bitcoin and Ether fell in Thursday morning trading in Asia, along with all other cryptocurrencies on the top 10 list by capitalization, with the exception of XRP. U.S. equities were weaker overnight as Federal Open Market Committee minutes released on Wednesday indicated interest rates in the U.S. will continue rising until inflation is brought under […]
Markets: Bitcoin, Ether little changed; DOGE, XRP climb in Asia afternoon trade
Bitcoin and Ether traded little-changed in Wednesday afternoon trading in Asia. Dogecoin (DOGE) and XRP both gained and were the biggest movers among the top 10 coins by market capitalization. See related article: Markets: Bitcoin, Ether fall; Dogecoin outperforms, Cardano edges higher Fast facts Bitcoin was trading at US$23,829, off 0.77% in the past 24 […]
Markets: Bitcoin, Ether fall; Dogecoin outperforms, Cardano edges higher
Bitcoin and Ether fell amid a mixed performance from the rest of the tokens in the top 10 by market capitalization on Wednesday morning in Asia. Leading memecoin Dogecoin outpaced the rest on the list, continuing its recent price run-up that took it back into the top 10. See related article: Markets: Bitcoin, Ether fall […]
Eqonex closing exchange; Guo’s fork plans
Welcome to The Daily Forkast – August 16, 2022 – presented by Joel Flynn. Coming up on today’s show: Eqonex to focus on asset management and custody. Chandler Guo – a man on a mission. Total value locked taking a knock. We’ll have more on those stories — and other news shaping the cryptocurrency and […]
Markets: Bitcoin, Ether fall in Asia trade amid growing concern about China’s economy
Bitcoin and Ether fell along with most other cryptocurrencies on the top 10 list by market capitalization as concerns spread across capital markets about the housing slump in China, where real estate prices have fallen for 11 months and threaten to undermine the world’s second largest economy. See related article: Markets: Bitcoin, Ether fall; memecoins […]
Investors yank out US$29 mln this month from Bitcoin: CoinShares
Bitcoin outflows totaled US$21 million, bringing month-to-date outflows to US$29 million, even as short-Bitcoin positions witnessed minor inflows of US$2.6 million, according to digital asset manager CoinShares. See related article: Markets: Bitcoin, Ether fall; memecoins lose steam, BNB edges higher Fast facts Investors pulled out US$17 million from digital asset investment products last week, James […]
Markets: Bitcoin, Ether fall; memecoins lose steam, BNB edges higher
Bitcoin and Ether fell along with most other tokens in the top 10 by market capitalization on Tuesday morning in Asia. Memecoins also lost ground after a recent run-up. See related article: Markets: Bitcoin, Ether, DOGE fall amid slowing activity in China, SHIB edges up Fast facts Bitcoin traded at US$24,136 at 8 a.m. in […]
Australia’s Holon Global got ahead of BlackRock with funds shrugging off crypto winter
Australia’s retirement fund industry, the world’s fifth largest at US$2.3 trillion, is one future target for investment funds offering cryptocurrencies.
Markets: Bitcoin, Ether, DOGE fall amid slowing activity in China, SHIB edges up
Bitcoin and Ethereum fell in late evening trade in Hong Kong as appetite for risk assets tapered in the wake of data showing that China’s economic activity slowed across the board in July. Dogecoin (DOGE) reversed gains from the morning, while Shiba Inu token (SHIB) edged up. See related article: Markets: Bitcoin little changed, Ether […]
Markets: Bitcoin little changed, Ether dips below $2,000, Memecoins surge
Bitcoin flirted with US$25,000 over the weekend while Ethereum broke through the US$2,000 barrier before both lost steam in early trading in Asia on Monday. Leading “memecoin” tokens Dogecoin (DOGE) and Shiba Inu token (SHIB) jumped, with DOGE re-entering the crypto top 10 by market cap. See related article: Markets: Bitcoin dips, Ether little changed; […]
Crypto’s Institutional Boost
Crypto’s institutional boost is on the rise, meanwhile, Australia is proving to attract the crypto sector.
Markets: Bitcoin dips, Ether little changed; Huobi Token surges amid stake sale speculation
Bitcoin fell while Ethereum traded little changed on Friday afternoon in Asia. Huobi Token, the native coin of China crypto exchange Huobi, jumped 18.9% in the last 24 hours after Bloomberg reported its founder was seeking to sell a majority stake in the business. See related article: Markets: Bitcoin, Ether retreat as investors digest inflation, […]
BlackRock backflips on Bitcoin as latest institution to see promise in crypto
Something of a sea change? Financial institutions that once turned up their noses at cryptocurrencies are now figuring out ways to get access for their clients.
Markets: Bitcoin, Ether retreat as investors digest inflation, Blackrock developments
Bitcoin fell back in Asia trading after setting a two-month high of US$24,822 overnight following news BlackRock Inc., the world’s largest asset manager, had launched its own Bitcoin fund. Ethereum followed a similar track, but held some of its gains after hitting a six-week high of US$1,927. Both crypto and equity markets had risen earlier […]
Markets: Bitcoin, Ether rise on slower inflation, Ethereum’s completed test run ahead of PoS merge
Bitcoin and Ethereum rose, along with nearly all other top 10 cryptocurrencies, in Thursday afternoon trading in Asia after the U.S. reported slower inflation in July and as Ethereum completed a test run for its upcoming shift to the proof-of-stake (PoS) model. See related article: Markets: Bitcoin, Ether rise with equities as US inflation shows […]
Markets: Bitcoin, Ether rise with equities as US inflation shows signs of slowing
Bitcoin, Ethereum and all other top 10 cryptocurrencies rose in tandem with U.S. equities markets overnight as consumer data showed U.S. inflation slowed in July. Polkadot surged after announcing a tie-up in decentralized finance services. See related article: Markets: Bitcoin, Ether fall in general sell off; Solana takes hit, BNB stumbles Fast facts Bitcoin changed […]
Markets: Bitcoin, Ether fall in general sell off; Solana takes hit, BNB stumbles
Bitcoin and Ethereum fell in Wednesday afternoon trading in Asia, with almost all top 10 cryptocurrencies by market cap in the red. Solana was the biggest mover among the major coins, dropping 5.94% in the past 24 hours. See related article: Markets: Bitcoin falls as crypto market loses steam, equities dip ahead of inflation data […]
Markets: Bitcoin falls as crypto market loses steam, equities dip ahead of inflation data
Bitcoin and Ethereum fell as most of the top 10 cryptocurrencies gave up ground made earlier in the week. BNB was the exception, posting a slight gain to round out a 15% price increase in the past seven days. See related article: Markets: Bitcoin loses steam, Ether continues run higher in late Asia trading Fast […]
Markets: Bitcoin loses steam, Ether continues run higher in late Asia trading
Bitcoin fell back in late afternoon trading on Tuesday in Asia, losing steam after a run up of more than 4% in the past seven days. Ethereum continued its rally amid the buzz around the so-called “merge” when it shifts from proof-of-work to proof-of-stake, gaining more than 12% week-on-week. Polkadot and Solana fell back after […]
Zipmex to release unspecified amount of Bitcoin, Ether to its customers
Crypto exchange Zipmex is planning to release an unspecified amount of Ethereum and Bitcoin on Aug. 11 and 16 respectively, after a suspension of withdrawals from its Z Wallet last month. See related article: Why Singapore may be the ideal place for companies to rebuild post-crypto winter Fast facts The Singapore-based company said on Monday […]
Markets: Bitcoin, Ethereum gain amid broad crypto rally; Polkadot jumps
Bitcoin and Ethereum led broad gains among the top 10 cryptocurrencies by market capitalization on Tuesday morning in Asia. Bitcoin touched US$24,203 at one point overnight, its highest since July 31. Ethereum rallied to US$1,806, its highest since early June. See related article: Markets: Bitcoin, Ethereum rise in broad gains; Solana jumps; BNB adds to […]
Markets: Bitcoin, Ethereum rise in broad gains; Solana jumps; BNB adds to surge
Bitcoin and Ethereum rose in broad-based gains in cryptocurrencies that drove all other tokens higher in the top 10 list by market capitalization in afternoon trading in Asia on Monday. See related article: Bitcoin, Ethereum edge up; BNB rises; Avalanche adds to gains on partnerships Fast facts Bitcoin, the world’s largest cryptocurrency, added 3.3% in […]
Bitcoin, Ethereum edge up; BNB rises; Avalanche adds to gains on partnerships
Bitcoin and Ethereum rose in early morning trading in Asia, along with most other tokens on the top 10 list by market capitalization. BNB rose 3.4% to reach US$325, adding to gains made last week when the Binance exchange, the BNB issuer, said it would add more tokens. Cardano briefly touched a week’s high, up […]
Bitcoin flat, Ether gains in late Asia trade; BNB still going strong on expanded staking
Bitcoin was largely flat in Friday afternoon trading in Asia, while Ethereum gained. However, both of the two major coins on the top 10 list by capitalization were trading more than 3% lower week-on-week. BNB’s gains ran into a second day, while Polkadot and Dogecoin rose. See related article: Ethereum Classic’s ‘Merge’ surge not expected […]
Riot Blockchain earns millions in credits by cutting energy use during Texas heat wave
American Bitcoin mining firm Riot Blockchain earned an estimated US$9.5 million in power credits in July as it reduced energy consumption and mined fewer Bitcoins. See related article: Bitcoin miners in Texas halt operations amid heat wave Fast facts Riot produced 318 Bitcoins in July this year, about 28% less than July last year, thereby […]
Bitcoin mining difficulty rises 1.74% after three consecutive drops
Bitcoin mining difficulty rose by 1.74% on Thursday following three consecutive drops in previous adjustments, according to data from BTC.com. See related article: Chinese mining rig maker Canaan says global expansion on track despite ‘crypto winter’ Fast facts The mining difficulty reading was at 28.17 trillion, as of block height 747,936, the data showed. The […]
Bitcoin, Ether trend lower, BNB adds to gains, Flow jumps on Meta NFT Integration
It was a mixed bag for the top 10 cryptocurrencies Friday morning in Asia, with most moving less than 1%. Bitcoin dipped, while BNB continued its breakout run for a second day. Bitcoin was trading at US$22,612 as of 8 a.m. in Hong Kong, down 1% in the last 24 hours. Ethereum slipped 0.7% to […]
Bitcoin, Ether trend lower, Solana bounces back after hack, BNB gets a bump
Bitcoin and Ethereum moved lower in Asia afternoon trading on Thursday, with Solana recovering from a price drop blamed on a hack of its network. Bitcoin was priced at US$22,927 as of 4:30 p.m. in Hong Kong, down 1.12% in the last 24 hours. Ethereum edged down 0.9% to US$1,621, according to data from CoinMarketCap. […]
Singapore-based Bitcoin miner scales back Kazakhstan project
Concerns over power supply and cost uncertainties have prompted Singapore-based Bitcoin miner SAI.TECH (SAI) to terminate the remainder of its expansion plans in Kazakhstan, the Nasdaq-listed company said in a statement. See related article: Bitcoin rig maker Canaan to deploy self-mining soon in US, executive says Fast facts SAI has terminated the second phase of […]
New US crypto bill seeks to make CFTC top Bitcoin, Ethereum watchdog
The U.S. Senate Agriculture Committee introduced a bill on Wednesday to put the Commodity Futures Trading Commission (CFTC) at the helm of regulating all cryptocurrencies classified as commodities. See related article: US crypto bill could undermine market protections: SEC, Gensler Fast facts The bill would give the CFTC “exclusive jurisdiction” over all “digital commodities,” which […]
MicroStrategy’s share price hits 2-month high following Saylor reshuffle
MicroStrategy’s share price jumped nearly 15% in early trading on Wednesday in the U.S. following Tuesday’s announcement that current CEO Michael Saylor is stepping down from that role to become executive chairman and will lead the company’s Bitcoin acquisition focus. See related article: MicroStrategy CEO Michael Saylor moves to chairman role to focus on Bitcoin […]
Bitcoin, Ethereum little changed; Solana still lower after network hack
Bitcoin was trending lower to little-changed in early Asia trading on Thursday with most major cryptocurrencies losing ground. Solana remained lower after reports of a hack on its network. Bitcoin was priced at US$22,848 as of 8 a.m. in Hong Kong, off 0.6% in the last 24 hours. Ethereum dipped 0.8% to US$1,615, according to […]