The 2024 U.S. elections may significantly impact the cryptocurrency market, with potential regulation shifts hinging on candidates’ views on digital assets. Bitcoin’s surge and the approval of ETFs signal growing investor interest, while political analysis suggests that pro-crypto candidates could drive market sentiment positively. The 2024 U.S. elections are poised to impact financial markets significantly, … Read more
BlackRock’s CEO Larry Fink warns of the U.S. debt crisis impacting dollar dominance as bitcoin gains traction across the globe. Janet Yellen echoes concerns over financial sanctions pushing countries towards cryptocurrencies. With projections suggesting a skyward trajectory for bitcoin, particularly amid potential shifts in U.S. political leadership, the cryptocurrency market is on the brink of … Read more
Bitcoin’s price is at $60,000, rebounding from January lows. However, a potential U.S. dollar crisis and expected interest rate cuts from the Fed raise concerns of a price drop to below $40,000. September traditionally marks a challenging month for Bitcoin, emphasizing the need for caution amid volatility. Yet, the advent of Bitcoin ETFs might provide … Read more
Former President Donald Trump is positioning himself as a pro-crypto candidate, promising to lead the U.S. as a cryptocurrency powerhouse. At the Bitcoin 2024 conference, he pledged to retain bitcoin holdings and dismantle regulations, even vowing to fire SEC Chair Gary Gensler. While his comments ignited enthusiasm, uncertainties linger regarding market volatility and his political … Read more
Bitcoin nudges the $90K threshold amid resilient market behavior, unperturbed by the Fed’s rate cut news. Bhutan cleverly sells Bitcoin while still holding significant assets, and a coalition of attorneys challenges the SEC’s methods. Meanwhile, a major hacker gets a surprisingly light sentence, and VanEck predicts a bright future for Bitcoin. These events suggest a … Read more
BlockDAG and other crypto companies are re-entering the sports sponsorship arena after FTX’s downfall, targeting major European soccer clubs. BlockDAG has secured a $15 million deal with Inter Milan and Borussia Dortmund, rekindling crypto’s presence in sports amid renewed optimism. This trend signifies a dual effort to innovate fan engagement while expanding the crypto market’s … Read more
In August 2024, CleanSpark mined 478 bitcoins, reaching a total of 4,586 for the year. The company increased its operational hashrate by 1.4 EH/s, now at 22.6 EH/s, and is preparing for a further boost with 65 MW of new capacity. Major facility expansions are underway, reflecting CleanSpark’s commitment to growth in sustainable bitcoin mining. … Read more
China once led the world in cryptocurrency trading and mining, becoming a central hub for Bitcoin. However, growing concerns prompted the government to impose a complete ban on all cryptocurrency activities by September 2021. As of now, China is expediting the development of its digital currency, e-CNY, showcasing its complicated relationship with digital currencies as … Read more
CoinDesk is a leading media entity that excels in covering the cryptocurrency industry. It adheres to strict editorial policies to ensure integrity and independence in its reporting. As part of the Bullish group, CoinDesk emphasizes transparency while participating in equity-based compensation, allowing it to maintain its authoritative voice without bias. In the ever-evolving realm of … Read more
Donald Trump will headline the Bitcoin 2024 Conference in Nashville, marking his rebranding as a ‘crypto president.’ This major event features prominent speakers, including Robert F. Kennedy Jr. and Edward Snowden, with a variety of educational and entertainment activities to engage attendees. Trump’s evolving stance on cryptocurrency reflects a broader trend as he seeks to … Read more