Tag: Cryptocurrency

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Biden’s Proposed 30% Tax Threatens U.S. Bitcoin Mining

The recent proposal by the Biden administration to impose a 30% tax on cryptocurrency miners has sparked concerns and backlash within the industry. Many believe that this move represents an ideological attack on a...
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Bitcoin Mining Stabilizes Power Grids Strained by AI Data CentersBitcoin Mining Balances Power Grids...

Microsoft is constructing large AI data centers in Arizona and Wisconsin to support this innovative technology. However, these data centers are heavy energy consumers and strain power grids, with AI projected to consume 40...
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Cryptocurrency Guide for Financial Advisors

Consensus 2024, held in Austin, had a special session for financial advisors and registered investment advisors (FA/RIA) where approximately 120 professionals gathered to learn about digital assets. The event was closed-door but some key...
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Ether ETF Approval Fails to Boost Crypto Market

Cryptocurrency markets experienced continued pressure during U.S. trading hours on Thursday, following a pullback that began the previous day after the Federal Reserve's announcement of expected rate cuts. The price of ether (ETH) saw...
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HLG Token Plummets Over 60% as Supply Increases by 1 Billion Tokens Exploiter Minting 1...

The Holograph protocol's native token, HLG, has taken a significant hit, plummeting by over 60% due to an exploit that allowed a malicious actor to mint a staggering 1 billion HLG tokens. According to...
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Former Goldman Sachs Exec Joins Anchorage Digital Bank’s Board of DirectorsGoldman Sachs Exec Joins...

Anchorage Digital Bank has recently welcomed Connie Shoemaker, a former Goldman Sachs executive, to its board of directors. Shoemaker currently holds the positions of COO and CFO at Bridgewater Associates Holdings, the parent company...
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Ethereum Withdrawals Surge Over $1.2 Billion: Analysis & Trends

Ethereum has recently experienced a surge in withdrawals totaling over $1.2 billion, indicating that large crypto investors, also known as whales, are anticipating a price recovery. These significant withdrawals have led to Ethereum balances...
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Bitcoin Traders Anticipate $60K Bearish Target as Miners Reduce Holdings

Bitcoin traders are bracing themselves for a possible drop in the value of the cryptocurrency in the near future. This is despite positive trends in the equity market and supportive U.S. crypto policies. The...
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MATIC Price Tests 8-Month Support As Polygon Unveils New Governance HubPolygon Token Price Drops...

Ronaldo, a seasoned crypto enthusiast, has immersed himself in the world of cryptocurrencies with unwavering dedication and curiosity. Over the past five years, he has conducted extensive research and developed a deep passion for...
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Kadena Partners with Lurk Lab to Develop ZK Bridge – CoinJournal

Kadena, the only scalable Proof of Work blockchain in the world, has recently announced a partnership with Lurk Lab to develop a Zero-Knowledge tech stack on the Kadena blockchain. This collaboration aims to create...