Altcoins rally as analyst warns Bitcoin is in the ‘$50K – $60K twilight zone’
Ether, MKR and SOL rally to new all-time highs, while Bitcoin’s price is stuck in what one analyst says is a range dominated by bots. Go to Source Powered by WPeMatico
DIGIT
Algorand pledges carbon-negative blockchain
Algorand and ClimateTrade are working on a sustainability oracle that would drive down carbon emissions. Go to Source Powered by WPeMatico
SEC Accuses Ripple of Harassment, Asks Judge to Block Access to Some Discovery Records
The U.S. Securities and Exchange Commission (SEC) has asked the judge in the SEC v. Ripple case to block Ripple and its executives from accessing various internal records it claims are unrelated to determining whether XRP is a security. The SEC says that the “defendants do not actually seek relevant evidence, but rather seek to … Read more
Texas wants to protect privacy elements of blockchain companies, says Blockcap
According to Darin Feinstein, the Chinese government isn’t helping to protect the private property of its crypto miners. Go to Source Powered by WPeMatico
Huobi Group launches 4 crypto funds targeting $100M in assets
Huobi Group is targeting institutional investors with its new crypto-focused private equity offerings. Go to Source Powered by WPeMatico
US House Passes Bill Mandating SEC and CFTC to Establish Working Group Focused on Digital Assets
The U.S. House of Representatives has passed a crypto-related bill introduced by pro-bitcoin Congressman Patrick McHenry. It requires the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to establish a working group focused on digital assets. Bill to ‘Ensure Collaboration Between Regulators and Private Sector’ on Cryptocurrency The U.S. House of … Read more
Jackson, Tennessee follows Miami’s lead to adopt Bitcoin operations
Another city in the United States is looking to add Bitcoin payments and mining activities to the city’s balance sheet. Go to Source Powered by WPeMatico
Ethereum hits $2.6K all-time high as Bitcoin market dominance falls below 50%
Altcoins begin to deliver gains on Thursday, while Bitcoin stays down, bringing its market cap dominance below 50%. Go to Source Powered by WPeMatico
NYSE president is bullish on Coinbase listing and DeFi
Thomas Farley said traditional Wall Street banks had made the Coinbase stock listing and innovations in crypto possible by largely ignoring the industry. Go to Source Powered by WPeMatico
Canaan to Ship 11,760 Next-Generation Bitcoin Miners to a US-Listed Firm, CAN Shares Jump 11%
On April 21, the bitcoin mining rig manufacturer Canaan announced the firm will be supplying 11,760 next-generation A1246 ASIC Avalonminers to a company called Mawson Infrastructure Group. The announcement notes that the mining units will be dispersed among Mawson’s bitcoin mining operations, and will add over an exahash of hashrate to Mawson’s mining facilities. Canaan … Read more
