Tag: Technology
Greenidge Bitcoin Mining Legal Victory in New York: Keeping Operations Running
Bitcoin mining company Greenidge Generation has emerged victorious in a legal battle against the New York State Department of Environmental Conservation (DEC), allowing it to continue its operations in the state. The court ruling,...
SocGen Crypto Arm Launching Euro Stablecoin on XRP Ledger: Multichain Expansion Plan
SG-FORGE, a subsidiary of Societe Generale, a French bank, is set to launch its euro stablecoin, EUR CoinVertible (EURCV), on the XRP Ledger network. This move is part of the company's strategy to expand...
UK Government to Pilot Digital Gilt on Distributed Ledger Technology
The UK government is set to launch a pilot program to introduce a Digital Gilt Instrument using distributed ledger technology (DLT), according to a recent statement. This move is part of the government's efforts...
Hadron: Tether’s Tokenization Platform for Institutions and Governments
Tether has introduced a new tokenization platform called Hadron, designed to cater to institutions, governments, and corporations. This platform will enable clients to tokenize various assets such as stocks, bonds, stablecoins, and loyalty points....
US Bitcoin ETFs Hold 1 Million Bitcoin Valued at $96 Billion
US Bitcoin ETFs currently hold a massive 1 million Bitcoin, with a total value of $96 billion. This staggering amount is close to surpassing the estimated 1.1 million BTC stash of Bitcoin's mysterious creator,...
Bitcoin Miners Move $4 Billion to Exchanges Amid $90,000 Price Surge
Bitcoin miners have been making some significant moves in the market recently. As the price of Bitcoin soared past $90,000, miners transferred over $4 billion worth of Bitcoin to exchanges. This surge in miner-to-exchange...
Leah Wald’s Investment Firm Acquires Four Validators, Including Solana Network, for $18M
Leah Wald's investment firm, Sol Strategies (HODL), has made a significant move by acquiring four validators, including the Solana network, for a total of nearly $18 million. This purchase, made in cash and shares,...
Jerome Powell’s Hawkish Comments Impact on Crypto Markets
Federal Reserve Chairman Jerome Powell's recent comments had a noticeable impact on the crypto markets, causing a slight downturn in prices. In his speech at a Dallas conference, Powell emphasized that the current strength...
Republican State AGs and DeFi Lobby Challenge SEC’s Crypto Enforcement – Lawsuit Analysis
A group of state attorneys general and the DeFi Education Fund have filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) and its five commissioners. They claim that the SEC is overstepping...
Bitcoin Price Prediction: VanEck Executive Forecasts $180K Target Amid Institutional Interest
Bitcoin's price is predicted to skyrocket to $180,000 within the next year, thanks to increasing institutional interest and supportive government policies, as per VanEck's head of digital assets research, Matthew Sigel. This forecast comes...