Author: Cointelegraph By Ezra Reguerra

Bitcoin Investing Made Simple!

Paraguay miners urge state electricity board to reconsider upcoming price hike

Capamad spokesperson Jimmy Kim claims that the electricity price increase set for Aug. 1 may force 70% of legal crypto miners out of business. Source link

Metaplanet completes Bitcoin buying goal with another $1.2M purchase

Since its first Bitcoin purchase, the company’s stock price surged 810% from about $0.12 to $1.10. Source link

TON’s Teleport BTC bridge will be ‘highly resistant’ to private key compromises

TON Foundation marketing director Jack Booth explained that the protocol will ensure that private keys are not created or held by a single party. Source link

Spot Ether ETFs ‘unlikely to be dramatic’ but would get steady capital — Binance CEO

Binance CEO Richard Teng highlighted that the spot Ether ETFs could provide a stable and substantial influx of capital over time. Source link

South Korea’s ruling party proposes to delay crypto tax to 2028

If the new proposal is approved, implementing the crypto gains tax in the country will be delayed by nearly seven years from its original schedule. Source link

MicroStrategy to split stock 10-for-1

MicroStrategy announces 10-for-1 stock split to enhance stock accessibility for investors and employees. Source link

UAE regulations may ban crypto payments, warns lawyer

UAE lawyer Irina Heaver told Cointelegraph that the policy shift could signal a “less favorable environment” for crypto in the UAE. Source link

Digital collectibles market sees 45% decline in Q2

CryptoSlam data shows a significant volume drop for NFTs from Q1 to Q2, with digital collectibles set to hit the lowest monthly transactions since March 2021. Source link

South Korean think tank cautions against crypto ETFs

South Korean researcher Bo-mi Lee highlights crypto volatility and risks, calling for more research and regulatory measures. Source link

Is Standard Chartered setting up a Bitcoin, Ether trading desk?

A Standard Chartered representative told Cointelegraph that the firm has been working with regulators to support institutional clients’ demand for trading BTC and ETH. Source link