Category: Crypto

Bitcoin may still have “more room to fall” as open interest has continued to rise amid recent price action, according to crypto analysis platform CoinGlass.
The post Bitcoin Has “Room to Fall” Amid Rising Open Interest: CoinGlass  appeared first on Cryptonews. …

The International Monetary Fund (IMF) reports that crypto mining and data centres together account for 2% of global electricity. This figure is expected to rise to 3.5% within the next three years, raising concerns about the environmental impact of these energy-intensive industries. Increasing the electricity tax by 85% could in turn force the industry to […]
The post Crypto Mining and Data Centers Take up 2% of Electricity, Tax Policy May Help: IMF appeared first on Cryptonews. …

The Solana price has risen by 1% in the past 24 hours, touching $144 as the crypto market as a whole dips by 1%.
The post Could Solana Price Reach $500? Analysts Predict a Major Rally Ahead appeared first on Cryptonews. …

Dubai’s Court of First Instance has ruled that cryptocurrency is a valid form of salary payment, indicating a progressive shift in the UAE’s legal stance on digital currencies.
The post Dubai Court Rules in Favor of Salaries Payment in Crypto appeared first on Cryptonews. …

Singapore-based cryptocurrency mining company Bitdeer Technologies Group has revealed plans to raise $150 million through a public offering of convertible notes set to mature in 2029.
The post Crypto Miner Bitdeer Plans $150M Public Offering for Data Center Expansion appeared first on Cryptonews. …

The price of XRP has gained by 1% today, rising to $0.5699 as the crypto market as a w
The post XRP: A Once-in-a-Lifetime Chance? Pundit Says Buy Now Before It’s Too Late appeared first on Cryptonews. …

Ex-president Donald Trump has investments in crypto worth up to $5m and earned more than $7m from his venture into non-fungible tokens (NFTs), according to financial disclosures for the 2024 election.
The post Donald Trump Reveals $5M in Crypto Holdings, Nets $7M from NFT Foray appeared first on Cryptonews. …

Institutional interest in Bitcoin is slipping, with the minting ratio plunging from $2.7B to $1.4B, signaling growing market caution.
The post Institutional Interest in Bitcoin Wanes as Market Caution Grows; Minting Ratio Drops to $1.4B appeared first on Cryptonews. …

South Korea’s Public Pension Fund invested $33.75m in MicroStrategy shares during the second quarter of this year.
The post South Korea’s Public Pension Fund Invests $33.75M in MicroStrategy Shares appeared first on Cryptonews. …

Cryptocurrency exchange Bybit has registered as a virtual asset service provider (VASP) and card operator with the Financial Information Unit (FIU) in Argentina.
The post Crypto Exchange Bybit Registers as Virtual-Asset Services Provider in Argentina appeared first on Cryptonews. …