Bookmarking Crypto Insights
The Bank of Ghana has recently launched a centralized online foreign exchange trading platform. This platform aims to enhance secure and efficient operations in the foreign exchange market. As of August 1, 2024, all licensed Foreign Exchange Bureaux are mandated to use this platform for buying and selling foreign currencies. The system will improve oversight … Read more
Cleanspark Inc. has completed the acquisition of its first bitcoin (BTC) mining site in Wyoming and secured 75 megawatts (MW) of power contracts. The Las Vegas-based company plans to add over 2 exahash per second (EH/s) to its mining capacity through a 30 MW immersion-cooled data center expected to be operational by the end of … Read more
Describing the allegations as “misinformation” — Coinbase chief legal officer Paul Grewal said Coinbase was exempt from certain campaign finance regulations as it is not a federal contractor. Go to Source
The Federal Bureau of Investigation (FBI) has warned cryptocurrency users about scammers impersonating crypto exchange employees to steal funds through unsolicited messages or calls. These fraudsters create urgency, claiming issues with accounts to trick victims into providing login details, clicking links, or sharing identification information. FBI Alerts Public to Cryptocurrency Exchange Scams The Federal Bureau … Read more
Marathon Digital has missed consensus estimates for the second quarter in a row, though its year-on-year performance has risen by 78%. Go to Source
Coinbase posted $1.4 billion in total revenue for the second quarter of 2024, marking a period of continued growth and progress in the crypto industry. The company’s earnings report said it also made strides toward regulatory clarity in the U.S., a key development for the broader crypto economy. Coinbase Publishes Q2 2024 Earnings and Shareholder … Read more
The crypto advocacy group says it is hand-delivering letters to every US Senator explaining why Bitcoin would help the US secure its position as a world leader. Go to Source
MicroStrategy shares jumped just 1% in after-hours trading, with the company posting a net loss of $123 million in the second quarter. Go to Source
A survey of 32 cryptocurrency experts on the Finder panel predicts significant growth for ether prices, with average forecasts of $5,368 by the end of 2024, $7,359 by the end of 2025, and $23,549 by 2030. These projections highlight the anticipated impact of institutional factors such as ethereum exchange-traded funds (ETFs). Survey Predicts Strong Future … Read more
Coinbase has marked its third consecutive quarter in the black, with its net revenue and trading volumes jumping 108% and 145%, respectively, from the prior year. Go to Source