The average cost to mine one Bitcoin (BTC) increased sharply in the fourth quarter of 2024, reaching $82,162 among publicly listed miners, representing a 47% quarterly increase, according to a recent CoinShares industry report. The report pointed out that accelerated hardware deployment, tax expenses, and growing non-cash charges related to depreciation and stock-based compensation are…
XRP is gearing up for a surge to $120, according to popular crypto analyst EGRAG CRYPTO. Taking to social media platform X, the analyst shared a fresh chart detailing a bullish outlook for XRP, suggesting that the cryptocurrency is retracing a path similar to its explosive 2017 rally. This time, however, the trajectory could be…
Ark Invest sees a path for Bitcoin to reach $2.4 million per coin by 2030. Here’s why Cathie Wood’s firm thinks it could surge so high. Ark Invest sees a path for Bitcoin to reach $2.4 million per coin by 2030. Here’s why Cathie Wood’s firm thinks it could surge so high. , Coins Decrypt
Five US states continue to pursue lawsuits against Coinbase’s staking program, and the firm’s executives argue that this is creating barriers for users who seek to earn rewards through the platform, amounting to over $90 million since 2023. According to Coinbase’s chief legal officer Paul Grewal, California, New Jersey, Maryland, Washington, and Wisconsin are maintaining…
Key points: Bitcoin price pushed above $95,000, increasing the chance of a rally to $100,000. Institutional investor demand is back, suggesting that the bearish trend could be over. Select altcoins could break above their respective overhead resistance levels if Bitcoin remains strong Bitcoin (BTC) bulls are trying to sustain the price above $95,000, but they…
Though the identities of many of the top holders of US President Donald Trump’s memecoin were still unknown, blockchain data showed significant outflows over the past seven days — during which time he announced a dinner and White House tour for certain tokenholders. According to data from blockchain analytics firm Nansen as of April 25,…
Newly sworn-in SEC Chairman Paul Atkins called for a comprehensive overhaul of the agency’s regulatory framework for crypto, warning that outdated rules and enforcement-heavy policies have stifled innovation for years. Speaking at the SEC’s third crypto task force roundtable in Washington, D.C., Atkins said the current regulatory environment “badly needs attention,” pointing to the urgent…
The Federal Reserve Board on Thursday announced the withdrawal of guidance for banks related to their crypto asset and stablecoin activities, with changes to its expectations for these engagements. According to a statement, the move aims to ensure its supervisory approach remains aligned with evolving risks and to support innovation within the banking system further….
After launching Bitcoin and Ethereum ETFs, the crypto asset manager is expanding its focus—now to Near Protocol. After launching Bitcoin and Ethereum ETFs, the crypto asset manager is expanding its focus—now to Near Protocol. near, Markets Decrypt
The first spot exchange-traded fund (ETF) tied to XRP in the world, issued by Hashdex and managed by Genial Investimentos, began trading on April 25 on Brazil’s stock exchange, B3. Listed under the ticker XRPH11, the ETF tracks the Nasdaq XRP Reference Price Index and, according to Hashdex, will allocate at least 95% of its…
