“Considering a ban on cryptocurrencies should be an option” – International Monetary Fund (IMF)… Recent Crypto Highlights from the G20 Meeting: The cryptocurrency industry might face critical times from July to September this year. The International Monetary Fund (IMF), Financial Stability Board (FSB), and Bank of International Settlements (BIS) are expected to release comprehensive reports...Continue Reading
Is the Bitcoin bottom in? This research article takes a look at the arguments for and against, including additional insights into the wider financial markets and their potential impact.Continue Reading
Reportedly, Hong Kong has recently shifted its focus towards becoming a centre for cryptocurrency with the subtle approval of Beijing. This also follows the PBoC's halting of interest rate hikes.Continue Reading
The Australian government has announced plans to regulate crypto assets to safeguard consumer interests, including revising licensing and custody rules. It has also issued a consultation paper to determine which aspects of the crypto industry need further regulation.Continue Reading
The Bitcoin Mining Council (BMC) has released the results of its Q4 2022 survey, which revealed that the hashrate of its member companies increased by 45% compared to the previous year. Additionally, the survey found that the percentage of sustainable power used by the members of the BMC rose by 1% over the same period.Continue Reading
The National Australia Bank (NAB) has developed a stablecoin, the AUDN, which will seek to allow its business customers to conduct real-time transactions using Australian dollars through blockchain technology.Continue Reading
Crypto Mining Stocks: The Success of Crypto Mining Stocks Cryptocurrency mining stocks showed outstanding performance last week, ranging from a substantial 38% gain to a remarkable 101% gain Month-to-Date (MTD). Stocks like RIOT, HIVE, BITF & MARA, specializing in cryptocurrency mining, are profiting from reduced energy costs and Bitcoin’s bullish surge above $20K USD. Cryptocurrency...Continue Reading
FTX Founder Sam Bankman-Fried Arrested in the Bahamas on U.S. Charges Sam Bankman-Fried (SBF), the founder of the troubled cryptocurrency exchange FTX, has been arrested by the Royal Bahamas police upon the U.S. government’s request. Acting on a sealed indictment, SBF was detained by authorities, just a day before his scheduled testimony before Congress. The...Continue Reading
Bitcoin Mining Projects Empower Communities with Lower Energy Costs Gridless Compute, a hydro-powered Bitcoin mining projects, reports that its mining project has not only powered a rural community but also reduced its existing energy rates. In a significant development, this initiative showcases how Bitcoin’s underlying blockchain network can promote charitable acts and support communities. Twitter...Continue Reading
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