BIT Dubai Exchange Adds Filecoin (FIL) Options Trading to Meet Growing Demand

Cardano's Project Catalyst, a decentralized fundraising initiative fueled by the ADA cryptocurrency, has completed Fund 10 with notable success. This initiative allows the Cardano community to propose, vote on, and financially support projects that contribute to the platform's growth and innovation. ...

Bitcoin Ordinals Token Issuance Surpasses 10 Million, Boosting Network Transactions and Fees

According to Dune Analytics service, the number of issued tokens based on Bitcoin Ordinals in Bitcoin network exceeded 10 million. About 200,000 tokens are issued daily, including NFTs. The popularity of Bitcoin Ordinals has led to a significant increase in transactions a ...

U.S. Presidential Candidate Robert Kennedy Jr. Supports Bitcoin, Calls for Crypto-Friendly SEC Employees

U.S. presidential candidate Robert Kennedy Jr. again supported bitcoin and said that the SEC should not have people opposed to cryptocurrencies.</div In a recent interview, Robert F. Kennedy Jr. Kennedy Jr.) criticized the securities regulator for its bias against crypto ...

The Rise of BRC-20 and Bitcoin Ordinals: A Game-Changer for Cryptocurrency

Most of them are created in the BRC-20 network Miners have earned decent commissions on this According to Dune Analytics, more than 10 million records have been created in the Bitcoin Ordinals network. Of these, more than 80% belong to the BRC-20 standard. ...

Opponents Demand Abandonment of Digital Asset Excise Tax as U.S. Debt Ceiling Bill Takes Priority

The urgency of agreeing on the U.S. national debt ceiling bill has allowed opponents of the Digital Asset Excise Tax (DAME) to demand that the Joe Biden administration abandon its intention to collect the controversial tax. Pierre Rochard, vice president of the mining com ...

Tech Giant Unveils Processor with Embedded Intelligence, AI-Related Tokens Rise

The tech giant unveiled a processor with embedded intelligence After news like this, AI-related tokens rose NVIDIA unveiled the DGX GH200 artificial intelligence supercomputer. Such chips have built-in generative AI, which responds to user requests and can cre ...

South Africa Introduces Licensing Regime for Cryptocurrency Companies

The South African Financial Sector Supervisory Authority (FSCA) has introduced a new licensing regime that requires cryptocurrency companies to be licensed to operate in the country within six months, starting June 1. The agency said the requirement is intended not only to ...

Presidential Candidate Hails Bitcoin as an Example of Democracy

U.S. presidential candidate, who has consistently supported digital assets, called the first cryptocurrency an example of democracy. "Everyone is so enthusiastic about bitcoin, not just because it's a currency, but because it's an exercise in democracy," said ...

Biden Urges Congress to End Tax Loophole for Wealthy Crypto Investors

Joe Biden addressed Congress and urged lawmakers to take away the ability of wealthy crypto investors to avoid paying taxes. Eliminating this loophole would allow the U.S. to raise about $18 billion for the budget, the president believes. It is not yet reported what specifi ...

BitMEX Research Reports Rare Bitcoin Blockchain Split at Block 788686

Event detected at 788686 No sign of "double spending" It's just an interesting and fairly rare occurrence BitMEX Research reported that a blockchain split in the Bitcoin network occurred at 788686 yesterday, May 7. This is a very rare event. The last ...

BTC mining difficulty drops by 1.45%

Since the beginning of the year, the figure has increased by 30% This was due to an influx of new miners and capacity But in 2 weeks, the difficulty dropped from 48.71 tons to 48.01 tons As analysts predicted, the new correction in BTC mining difficul ...

Bloomberg Intelligence analysts confirm Bitcoin’s dominance as a global reserve asset

Bloomberg Intelligence analysts cited data on the growth of investor confidence in bitcoin: the first cryptocurrency successfully passed a liquidity stress test amid the US banking crisis. A study by Bloomberg Intelligence experts says that for the vast majority of crypto ...

Bitcoin Mining Difficulty Reaches New Record High

Following yet another adjustment of the mining difficulty on the Bitcoin network, a remarkable new benchmark has been achieved, with a difficulty rating of 46.84 T. This marks the third consecutive surge in difficulty, with significant implications for all those involved in the mining process. In ...

Bitcoin and Cryptocurrency Market Experiences Significant Drop

On March 9th, Bitcoin rates experienced a sharp decline, dropping below $20,000 for the first time in two months. According to experts, the reason behind this drop can be attributed to the liquidation of Silvergate Cryptobank and the unveiling of the US budget for 2023. President Joe Biden ann ...