In this post: Tech giant Block has reached an agreement with a Bitcoin mining firm, Core Scientific. Block will supply the mining firm with new and improved 3-nanometer mining application-specific integrated circuit (ASIC) chips.  The two companies have not yet revealed the finances of the deal. However, the mining chips are expected to yield an […]

In this post: Joe Biden faces a critical moment in his campaign. With the 2024 election approaching, his stance on cryptocurrency could make or break his chances against Trump. The Chamber of Progress has sent a strong message: supporting comprehensive crypto regulation is key. Biden can still win this battle, but does he want it […]

In this post: large-scale portfolios. Selling from an old stash held by the German government also added to the price pressure on Bitcoin (BTC). Now, more data is emerging on government holdings and selling activity.  Arkham, one of the crypto data projects supported by Binance Labs, is revealing how governments have the potential to sway […]

In this post: The House of Representatives is expected to vote on President Joe Biden’s veto of Staff Accounting Bulletin 121, a decision that has sparked controversy. In May, President Biden vetoed a resolution to overturn Staff Accounting Bulletin 121, also known as SAB 121. The bulletin has sparked considerable debate in the past year […]

In this post: Germany’s federal parliament member, Joana Cotar, has criticized the government’s decision to sell Bitcoin, stating that this move increased market volatility and could have long-term negative effects on the cryptocurrency market. Cotar believes Bitcoin should be treated as a national strategic reserve. The Bitcoins in question were confiscated from the illegal website Movie2k.to, […]

In this post: The spot Solana ETF is the latest hot topic in the crypto industry, and its fate might be tied to the upcoming 2024 U.S. presidential election. Matthew Sigel, head of research at VanEck, has made it clear that the future of this ETF depends on the election results and whether Gary Gensler […]

In this post: Polkadot’s latest financial report reveals a shocking expenditure on marketing, totaling $37 million out of the $87 million spent in the first half of this year. Long story short? That $37m was really not worth it. The community is outraged, criticizing the massive spending that failed to yield the expected results. Meanwhile, […]

In this post: Sony Group, one of Japan’s biggest and most influential companies, has jumped into the cryptocurrency market by acquiring Amber Japan. Sony, known for its ventures in games, music, and cameras, has a market value of over $100 billion. This new move shows a big shift in their strategy. Amber Japan wasn’t always […]