Category: Crypto

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. …

Wall Street trading firm Jane Street has significantly reduced exposure to Grayscale Bitcoin Trust (GBTC) by 85%.
The post Jane Street Reduces GBTC Holdings by 85%, Acquires IBIT Shares Worth $221M appeared first on Cryptonews. …