Bitcoin Soars and Mining Stocks Plummet: A Volatile Year in Cryptocurrency
Bitcoin has emerged as the best-performing asset class of 2024, but not without significant ups and downs. The cryptocurrency soared above $108,000 for the first time in mid-December, marking a…
Brazil’s Potential Self-Custodial Stablecoin Ban May Spur Decentralization
Brazil is on the brink of a significant regulatory shift with the Banco Central do Brasil (BCB) proposing to ban stablecoin transactions to self-custodial wallets like MetaMask or Trezor. This…
SEC Accuses BitClout Creator Nader Al-Naji of Fraudulent Practices
On July 30, the United States Securities and Exchange Commission (SEC), in coordination with the US Attorney’s Office for the Southern District of New York, announced formal charges against Nader…
Against all odds, Chinese cryptocurrency enthusiasts amass an impressive $1 billion in gains.
The cryptocurrency market in China has witnessed a remarkable saga of resilience and ingenuity among investors, who have defied stringent regulatory measures to secure significant financial gains in 2023. Despite…
Riot Platforms Achieves 19% Increase in Bitcoin Production, Mining 6,626 BTC in 2023
Despite facing stiff competition from rivals who mined more Bitcoin in 2023, Riot Platforms is strategically gearing up for the anticipated Bitcoin halving in 2024, following its significant acquisition of…