Bitcoin halving impacts miner Riot’s revenue by 43% despite new facility

Galaxy Digital founder and crypto enthusiast Mike Novogratz has predicted that Bitcoin’s (BTC) price will stabilize between $10,000 and $14,000, in an interview with CNBC on June 27.Delivering his comments on CNBC’s Squawk Box show, Novogratz forecast that the leading digital currency will consolidate in the corridor between $10,000 and $14,000. Referring to Facebook’s entry…

The statement released by the CFTC shows that about 50% of the cases brought to its attention in 2023 involved crypto. 274 Total views 3 Total shares The United States Commodity Futures Trading Commission (CFTC) has unveiled its enforcement outcomes for fiscal year (FY) 2023. It highlights a historic surge in digital asset cases, actions

The price of Ethereum’s Ether token has seen strong momentum in July. Since the start of the month, ETH has climbed by 50% from $225.5 to $340 on Coinbase. It coincides with a five-year anniversary for the dominant smart contracts blockchain protocol.There appear to be two key factors fueling the rally of ETH. First, the…

The past week has not been an easy one. After the collapse of the third-largest stablecoin (UST) and what used to be the second-largest blockchain after Ethereum (Terra), the depeg contagion seems to be spreading wider. While UST has completely depegged from the U.S. dollar, trading at sub $0.1 at the time of writing, other stablecoins…

This makes The Bahamas one of the first countries in the world to officially launch a CBDC beyond a pilot program. 846 Total views 14 Total shares The Central Bank of the Bahamas has announced the country’s “Sand Dollar” — a state-backed virtual currency — is now available nationwide.According to an Oct. 20 Facebook post…

The $275 billion company has filed an SEC amendment to allocate over $500 million from the Macro Opportunities fund to Grayscale's GBTC 1835 Total views 27 Total shares An SEC filing on Friday indicates that the next Wall Street institution to take a public position in Bitcoin may also be among the largest yet: the…

The Ethereum Foundation has announced a $5 million grant to United Kingdom-based company Parity Technologies, according to a post on the official Ethereum (ETH) blog published Jan. 7.According to the post, the grant is for scalability, usability and security work. Namely, this money “will fund Parity’s work on Casper, sharding, light clients, developer tools, QA,…

Blockchain-native software and tax services company, Lukka, has been chosen to provide crypto taxation software to the fifth-largest accounting firm in the United States, RSM.Cointelegraph spoke to Lukka CCO Jeremy Drane, and RSM senior manager of international tax and blockchain/cryptocurrency, Jamison Sites, to find out more about the partnership between the two firms.Lukka provides crypto…