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Browsing Category
Crypto
Trump Son Echoes President’s Anti-Bank Message amid Stablecoin Yield Fight
The post from Eric Trump, tagging his crypto company, came hours after his father claimed banks were holding a market structure bill “hostage.”…
Construction Begins at 1M Qubit Quantum Facility
The quantum computing company PsiQuantum is a step closer to its goal of building the world’s first useful quantum computer, breaking ground on the construction of a 1…
CleanSpark Sells Most February BTC Output, Generating $36.6M in Proceeds
US Bitcoin miner CleanSpark last month sold 553 Bitcoin from its February production for about $36.6 million, while producing 568 BTC during the month, according to the company’s…
IRS Proposes Crypto Exchanges Shift to Mandatory Electronic Tax Documents
The US Internal Revenue Service (IRS) is seeking to require electronic delivery of tax forms to crypto exchange users. Under the current rules, exchanges are required to provide…
SEC, Justin Sun Settle Lawsuit for $10M
The Securities and Exchange Commission has ended its long-running fraud and securities violation lawsuit against Justin Sun in a $10 million settlement.Cointelegraph is committed…
ETH Rally Toward $2.5K Held Back By Macro, War, DApp Use
Key takeaways:ETH derivatives signal a shift to safety as professional desks hedge against downside risks and global instability.Institutional preference for decentralization keeps…
Bitcoin Miners Start Unwinding BTC Treasuries as Industry Strains
Bitcoin mining companies have offloaded a sizable portion of their Bitcoin reserves in recent months, signaling a shift away from the self-treasury strategy that dominated the…
Weekly Bitcoin Buys Produce The Best Returns Across Bull And Bear Markets
Smart investors adjust their strategy during bear markets and 50% drawdowns like the one seen in Bitcoin (BTC) over the last 5 months. The strategy, known as dollar-cost averaging…
Core Scientific Lands $500M Morgan Stanley Credit Line, Expandable to $1B
Bitcoin mining and data center company Core Scientific has closed a $500 million loan facility with Morgan Stanley, with the option to expand the financing to as much as $1…
38% of Altcoins Hovering Near All-Time Low Prices — Analyst
An estimated 38% of altcoins are now hovering near all-time lows, which is worse than the post-FTX market crash, according to CryptoQuant analyst Darkfost.The current market is…