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Russia’s Cryptocurrency Mining Consumes Nearly 1% of National Energy, Paving Way for Renewables

Russia’s cryptocurrency mining now accounts for almost 1% of the country’s energy consumption. As the industry grows, miners are increasingly turning to renewable energy sources to meet demand. Learn more about the energy impact of crypto mining in Russia. Russia's Cryptocurrency Mining Industry Nears 1% of Total Energy Use Cryptocurrency mining in Russia now accounts…

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Hyperliquid Launches HYPE Staking to Strengthen Network Decentralization

Discover how Hyperliquid's HYPE staking initiative is revolutionizing network decentralization and engagement with high-speed blockchain technology and staking rewards. Hyperliquid, the decentralized perpetuals exchange operating on its own layer-one blockchain, has announced the launch of its HYPE staking initiative. This strategic move is aimed at strengthening the platform's network security and decentralization. HYPE staking, now…

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Judge Delays CFTC Lawsuit Against Gemini Over Bitcoin Futures Fraud Claims

Key Takeaways A New York judge delayed the CFTC’s lawsuit against Gemini Trust to January 21, 2025. The CFTC accuses Gemini of misleading regulators about its bitcoin futures product, risking market manipulation. Observers believe Trump’s pro-crypto stance and SEC leadership changes may influence a favorable outcome for Gemini. Alvin Hellerstein, a New York judge has…

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Spot Ethereum ETFs sheds $55 million recording no inflows for the day 

The Nine Spot Ethereum ETFs recorded no inflow yesterday while losing $55 million.  Surprisingly, there was no inflow on both Spot Bitcoin ETFs or Spot Ethereum ETFs yesterday a very rare occurrence since both Exchange-traded funds were launched.  Bitcoin ETFs lost a whopping $415 million yesterday while Ethereum ETFs lost $55 million.  Spot Ethereum ETF…

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Bitcoin’s Market Cap to Reach 20% of Gold’s by 2025, Galaxy Research Predicts

Galaxy Research projects Bitcoin to surpass $150,000 in 2025, with its market cap reaching 20% of gold’s. The report highlights the role of institutional and corporate adoption. Bitcoin's market capitalization is expected to reach 20% of gold's market cap by 2025, according to a new report from Galaxy Research, a division of digital asset management…

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