The Russian Government issued a ban on crypto mining in 10 regions of the country over reports of energy shortage and concerns over an imbalance in energy consumption.
The reported ban would take effect from the 1st of January 2025 and last till March 15, 2031.
Official documents confirming the ban were obtained by Russian…
News
MicroStrategy achieves a 477% stock surge through Trump's Red Sweep in 2024, driven by Bitcoin investments and a pro-crypto political climate. Discover how Michael Saylor’s bold strategy is reshaping the market.
December 2024 – Miami Beach, FL
MicroStrategy Inc. (Nasdaq: MSTR), a business intelligence firm turned Bitcoin powerhouse, has achieved a staggering 477% increase…
Matador Technologies plans to invest $4.5M in Bitcoin, diversifying its treasury and aligning with global trends in institutional adoption.
Blacrock’s Spot Ethereum ETF ETHA recovered from a massive outflow of $103 million last week to pull in $89.5 million yesterday.
The trading activity is about the only significant activity that occurred on Ethereum ETFs for the day as a whopping five exchange-traded funds recorded no transaction for the day.
The nine Spot ethereum ETFs…
The 11 spot bitcoin ETFs closed the day in the red zone as seven funds lost a collective $258 million to outflows.
The trading day ended with the spot bitcoin ETFs recording a net outflow of $226 million as inflows from Blackrock’s IBIT were not enough to offset the outflows from other funds.
Blackrock’s IBIT…
Key Takeaways:
Hyperliquid faced record $256 million outflows amid concerns about North Korean hackers trading on its platform.
Security expert Tay Monahan revealed DPRK-linked activity since October, sparking fears over system integrity despite Hyperliquid's denial of exploits.
Withdrawals caused a sharp drop in Total Value Locked and HYPE token price, highlighting DeFi platforms' vulnerability to…
MicroStrategy proposes major share increase to fund Bitcoin purchases as part of its $42 billion “21/21” capital plan.
Speculation mounts over a possible presidential pardon for Sam Bankman-Fried as his legal troubles and political ties spark debate.
Key Takeaways
Metaplanet has acquired 620 bitcoin for $24 million, expanding its holdings to 1,762 BTC.
The company’s strategy to buy bitcoin during market dips reflects a broader trend of institutional adoption.
As more firms adopt cryptocurrency, Metaplanet’s growing bitcoin reserves position it as a significant player in the digital asset market.
Japanese investment firm…
Trump announces new Digital Assets Council, appointing Bo Hines and David Sacks to lead U.S. blockchain and crypto innovation efforts.
