Bitcoin breaks 18-month hashrate uptrend. Are BTC miners capitulating?
Despite the drop in hash rate, Bitcoin miner selling isn’t correlated with the BTC price drop from $71,100 to $66,000. Go to Source
Month: June 2024
Ghana Central Bank Partners With Singapore Regulator to Demonstrate Use of Digital Credentials in Global Trade
The Ghanaian central bank recently collaborated with the Monetary Authority of Singapore (MAS) to demonstrate the use of digital credentials in international trade. The second phase of Project DESFT culminated in the execution of cross-border trade between the West African nation and Singapore in April 2024. Ghana’s CBDC to Streamline Cross-Border Trade The Bank of … Read more
Andrew Tate and Iggy Azalea parodied in Beeple’s artwork
Beeple unveils “Mother and Daddy (2024),” blending digital finance and celebrity culture, featuring Iggy Azalea and Andrew Tate. Go to Source
Storm Partners launches Web3 innovation sandbox in Geneva
The new blockchain sandbox aims to bolster Geneva’s status as an emerging crypto hub. Go to Source
Lil Pump and dump: Rapper tattoos ‘Solana’ on forehead after selling SOL tokens
Lil Pump’s new Solana tattoo sparked mixed reactions from fans and the crypto community, with some criticizing and others celebrating the move. Go to Source
Trezor to simplify self-custody with onboarding sessions and new wallet
Self-custody raises concerns about the burden of holding the private key, which Trezor wants to solve with the help of a dedicated onboarding division and new wallets. Go to Source
Can Bitcoin whales protect BTC price from new $48K downside target?
Bitcoin is not filling traders with hope as a stubborn BTC price range endures despite mass whale purchasing. Go to Source
Wall Street must be accountable for Bitcoin mining emissions — Greenpeace
Greenpeace alleges that Wall Street titans such as BlackRock or Vanguard contribute to the environmental harm derived from Bitcoin mining. Go to Source
South African Retailer Accepting BTC Sees Significant Increase in Monthly Crypto Transactions
The South African retail giant, Pick n Pay, has reported a significant increase in the value of monthly cryptocurrency payments, rising from approximately $1,350 to $54,000. The regions of Gauteng, KwaZulu-Natal, and the Western Cape in South Africa account for the lion’s share of Pick n Pay’s crypto transactions. Retailer Sees More Crypto Transactions in … Read more
BIS inaugurates Toronto Innovation Centre with Bank of Canada
Bank of Canada Governor Tiff Macklem said that as finance evolves, the industry must innovate and apply new skills, allowing Canadians to benefit from advancements. Go to Source