According to new research from the Cambridge Centre for Alternative Finance (CCAF), North America now accounts for 82.5% of the global Bitcoin mining power. The report draws from survey responses from 49 mining companies operating across 23 countries, accounting for nearly half of the Bitcoin network’s hashrate. Sustainability Practices The study highlighted a rise in…
Former Bank of England governor Mark Carney, a Bitcoin critic, will continue to be Canada’s Prime Minister after winning Monday’s election. Former Bank of England governor Mark Carney, a Bitcoin critic, will continue to be Canada’s Prime Minister after winning Monday’s election. Markets Decrypt
Europe’s second-largest neobank, Bunq, is expanding into cryptocurrency, citing growing retail investor demand for digital assets worldwide. The Amsterdam-based neobank announced the launch of Bunq Crypto on April 29, a new offering enabling its users to invest in over 300 cryptocurrencies, including Bitcoin (BTC), Ether (ETH) and Solana (SOL). Starting April 29, Bunq users in…
Crypto analyst Crypto Paradise has shattered hopes of an upward trend for the XRP price in the short term. This came following his prediction that the altcoin could witness a massive crash to a major support level. Analyst Predicts XRP Price Crash To $1.6 In a TradingView post, Crypto Paradise predicted that the XRP price…
Bunq says it serves 17 million customers across Europe. Bunq says it serves 17 million customers across Europe. Business Decrypt
World Liberty Financial’s (WLFI) USD1 stablecoin has officially surpassed $1 billion in market capitalization on BNB Chain following a series of high-volume mints executed within a single hour. The surge solidifies USD1’s standing as one of the fastest-growing decentralized stablecoins in the crypto ecosystem and marks a major milestone for the Trump family-backed protocol. On-chain…
Key Takeaways: Fidelity Digital Assets’ report said that multiple Ethereum onchain metrics suggest ETH trades at a discount. The BTC/ETH market cap ratio is at mid-2020 levels. Ethereum’s layer-2 active addresses hit new highs at 13.6 million. Fresh data from Fidelity Digital Assets hints at a cautiously optimistic outlook for Ethereum, suggesting its dismal Q1…
The US Securities and Exchange Commission has delayed making a decision on two cryptocurrency-related ETF applications, tracking the performance of XRP and DOGE. The meme coin exchange-traded fund was proposed by Bitwise, while the XRP fund comes from Franklin Templeton, which was filed in mid-March. The review period has been extended to June 15 for…
TL;DR Market observers are eyeing a breakout for ADA, with short-term targets ranging from $0.88 to $1.30. One industry participant sees a long-term bullish scenario where the asset could reach $10 by 2029 – a level that would require its market cap to exceed $350 billion. Major Rally on the Horizon? The price of Cardano’s…
The United States exchange Nasdaq has asked regulators for permission to list a 21Shares exchange-traded fund (ETF) holding the popular memcoin Dogecoin, regulatory filings show. The move follows 21Shares’ April 10 filing of its initial proposal to launch its Dogecoin ETF, shortly after similar applications from rivals Bitwise and Grayscale. The asset manager has also…
