Sat, April 4

Crypto ATM Installations Rebound in May Defying Previous Decline

There was a substantial increase in May of over 1,400 net installations of Bitcoin and cryptocurrency ATMs, despite a worldwide decrease in 2023. The number of crypto ATMs steadily declined over the first four months of 2023. While crypto ATM installations skyrocketed in countries like Australia, Poland, and Spain, bigger

June 4, 2023 1 min read

Five Women Reshaping Crypto

In the annals of finance, women have long fought for recognition and representation. From the pioneering economist Joan Robinson, whose groundbreaking contributions to post-Keynesian economics challenged conventional wisdom, to the indomitable Wall Street veteran Muriel “Mickie” Siebert, the first woman to hold a seat on the New York Stock Exchange,

June 4, 2023 2 mins read

Decoding Bitcoin’s Trading Pattern for June 2023

The crypto market has experienced a lot of ups and downs since the start of 2023. Among the other cryptocurrencies, Bitcoin (BTC), the largest cryptocurrency by market capitalization, started the 2023 year with a strong bullish trend. BTC has reached the 30K mark at the start of the year.  However,

June 4, 2023 3 mins read

Microsoft Collaborates With CoreWeave to Power AI-driven Services

Microsoft has inked a contract with CoreWeave, a cloud computing infrastructure provider and former Ethereum miner. This is to power Microsoft’s AI-driven services. CNBC reported on June 1 that, based on information from “people with knowledge of the matter,” Microsoft might spend billions of dollars on the transaction with CoreWeave

June 4, 2023 1 min read

U.S Senator Proposes New Bill to Close Loopholes in Crypto Sector

On Saturday, US Senator Elizabeth Warren hinted at the prospect of presenting a measure to prohibit loopholes in the cryptocurrency business. After her recent accusation that cryptocurrency payments were implicated in the Chinese fentanyl trade. According to previous reports, Warren has provided evidence from her own study that supports assertions

June 4, 2023 2 mins read

Bitcoin NFTs Gain Momentum, Uncategorized Ordinals Sell for $2.7M

In an astounding display of progress, the non-fungible token (NFT) market has reached new heights, witnessing an impressive surge in sales over the past week. Recent data reveals that NFT sales have soared by a staggering 39.35% within just seven days, further solidifying the growing significance of this digital asset

June 4, 2023 3 mins read

Senior Analyst Predicts Catastrophic Decline for BTC and Crypto Market

Well-known Bloomberg analyst Mike McGlone is skeptical about Bitcoin’s recent price movement. McGlone issued his June Crypto Outlook report, which predicts a catastrophic decline for the flagship cryptocurrency and the whole crypto market in the next months, lending more support to his prediction. The senior macro analyst at Bloomberg Intelligence

June 3, 2023 1 min read

Marathon Digital Witnesses 77% Surge in BTC Mined in May

With the aid of its own software, Bitcoin miner Marathon Digital Holdings (MARA) mined 1,245 bitcoin in May, an increase of 77% over the previous month. According to the announcement, the miner has boosted its operating processing power by 9%, to 15.2 exahash/second (EH/S). CEO Fred Thiel stated: “The increased

June 3, 2023 1 min read

CFTC Proposes Regulations To Counter Negative Impact of Crypto and AI

The Commodity Futures Trading Commission (CFTC) has proposed new regulations for risk management to account for the potential impact of “evolving technologies” like cryptocurrency and AI. Commissioner Goldsmith Romero stated on Thursday that as a result of the emergence of distributed ledger networks, various sectors have started adopting or exploring

June 2, 2023 2 mins read

Bitcoin Mining Firm CleanSpark Buys 12,500 Mining Gear Worth $40.5M

CleanSpark, a Bitcoin mining company, has invested $40.5 million in 12,500 new ASICs to increase its fleet size. The mining company’s overall hash rate is expected to increase to more than 16 EH/s as a result of the new hardware. Moreover, CleanSpark said on Thursday that the cost per terahash

June 2, 2023 1 min read
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