New York-based cryptocurrency exchange Gemini has set a precedent in the crypto lending space by reaching a preliminary settlement to return a staggering $1.1 billion in digital assets to users of the Genesis Earn program. This move comes as a beacon of hope for investors entangled in the bankruptcy saga of Genesis, a leading crypto […]
Gemini to Restore $1.1 Billion to Users Amid Genesis Bankruptcy Read More »
El Salvador President Nayib Bukele has taken to Twitter to silence critics of his country’s embrace of Bitcoin (BTC). With a defiant tone, Bukele highlighted that El Salvador would have profited by 40% had it decided to sell its Bitcoin holdings today. This statement underscores the nation’s successful gamble on cryptocurrency, despite widespread skepticism. Bitcoin’s
El Salvador’s Bitcoin Gamble Pays Off: A Defiant Victory Against Critics Read More »
The Sierra Club, a leading environmental organization, has stressed the critical need for detailed information on the energy consumption of cryptocurrency mining operations. This appeal is aimed at understanding the impact of such activities on electricity demand, particularly during peak usage periods. The organization’s concerns were articulated through an amicus brief filed in support of
Sierra Club Advocates for Insight on Crypto Mining’s Energy Impact Read More »
J.P. Morgan has shed light on the potential capital inflows into newly created spot Bitcoin exchange-traded funds (ETFs). While the exact amount of fresh capital remains uncertain, the bank anticipates substantial investments from existing crypto products, such as the Grayscale Bitcoin Trust (GBTC). The market’s reaction to the U.S. Securities and Exchange Commission’s (SEC) cautious
JPMorgan Predicts Inflows of $36 Billion into Spot Bitcoin ETFs Read More »
Bitcoin (BTC) $ 113,185.00 2.02%
Ethereum (ETH) $ 4,170.47 3%
XRP (XRP) $ 2.87 4.58%
Tether (USDT) $ 0.999935 0.03%
BNB (BNB) $ 829.24 1.99%
Solana (SOL) $ 179.06 1.69%
USDC (USDC) $ 0.999791 0%
Lido Staked Ether (STETH) $ 4,165.04 2.96%
TRON (TRX) $ 0.349215 0.53%
Dogecoin (DOGE) $ 0.212504 3.36%