Mining
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Year: 2024
Bitcoin
Experts Reaffirm $100,000 Target for Bitcoin Despite Downturn
Amid the recent crypto market downturn, prominent industry figures predict that Bitcoin’s (BTC) price could reach the $100,000 mark by the end of the year. This forecast comes from Matt Hougan, Chief Investment Officer (CIO) […]
Ethereum
CFTC Chair Reaffirms Bitcoin and Ethereum as Commodities in Senate Testimony
TLDR CFTC Chair Rostin Behnam reiterated to the U.S. Senate that Bitcoin and Ethereum are commodities. A recent Illinois court ruling classified Bitcoin and Ethereum as commodities under the Commodity Exchange Act. Behnam argues that […]
Blockchain
Binance Introduces Multi-Validator Withdrawal Verification for Corporate Accounts
In a significant move to bolster account security, Binance has announced the rollout of multi-validator withdrawal verification for all corporate accounts that have successfully completed their Entity Verification (KYB), according […]
Trending Cryptos
Coinbase’s attempt to subpoena SEC chair Gary Gensler criticized by judge
Judge Katherine Polk Failla criticized Coinbase’s attempts to subpoena SEC chair Gary Gensler in the SEC’s ongoing case against the firm. At a July 11 hearing recounted by Inner City Press, Failla noted that Coinbase’s […]
Altcoin
Binance to support Render token swap and rebranding, Solciety meme coin launches next week
Binance will support Render’s RNDR to RENDER swap, suspending RNDR trades on July 22. Solciety (SLCTY) meme coin, merging politics and memes on Solana, launches June 18 with a 30-day presale. Solciety’s 30-day presale price […]
AI News
Tech executives confident in AI skills, but adoption barriers persist
While executives express high confidence in their organisations’ AI capabilities, they simultaneously acknowledge significant barriers to further adoption. Research from Zartis found that 85% of UK tech executives rate their existing workforce’s combined AI knowledge […]
Bitcoin
Here’s How Much Bitcoin (BTC) Drake Lost After Argentina Qualified for Copa America’s Final
TL;DR Drake lost a substantial Bitcoin bet after Canada was defeated by Argentina in the Copa America semi-final. His history of significant betting losses has led to the phrase “the Drake curse,” suggesting teams or […]
Mining
EIA could attempt to survey crypto miners again before end of year
The Energy Information Administration (EIA) said it could restart its attempts to survey crypto mining companies this year during a July 10 webinar. According to Bitcoin Magazine’s coverage, the agency’s attempts to reinitiate the survey […]
Business
Ex-FTX execs Nishad and Gary to be sentenced in October and November
Nishad Singh and Gary Wang to be sentenced for FTX fraud on Oct. 30 and Nov. 20. Their cooperation in Sam Bankman-Fried’s trial may lead to reduced sentences. Ryan Salame got 90 months for non-cooperation; […]
