Nigerian officials proposed secret crypto settlement, claims Binance CEO
Binance CEO Richard Teng says the Nigerian government has set a dangerous precedent after inviting company executives to meetings before detaining them. Source link
Nasdaq-listed Tiger Brokers rolls out online crypto trading to Hong Kong
The Tiger Trade app allows professional traders access to 18 different cryptocurrencies alongside stocks, futures, U.S. Treasury bonds and Bitcoin ETFs. Source link
Bitcoin privacy will survive despite CoinJoin closure — zkSNACKs CEO
The impending closure of zkSNACKs’ CoinJoin service has been described as a setback for Bitcoin developers and privacy proponents. Source link
Nasdaq-listed mining firm Stronghold Digital Mining for sale?
Stronghold announced its first quarter results for 2024 and revealed that it is considering a range of options to increase shareholder value, including selling the business. Source link
Bitcoin post-halving price consolidation could last 2 months — Bitfinex
The Bitcoin halving is widely expected to have a positive impact on the price of the preeminent cryptocurrency, but analysts expect volatile price consolidation in the short term. Source link
Ripple, Coinbase, a16z invest $78M in pro-crypto PAC ahead of US elections
Ripple CEO Brad Garlinghouse has publicly announced the company’s intent to support “pro-crypto’ candidates during the 2024 United States election season. The company is among a group to have pledged a total of $78 million to support the Fairshake political action committee (PAC). Fairshake announced that prominent industry firms and players had contributed to a significant…
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Iris Energy to double hash rate in 2024 with $22M Bitmain T21 mining rig order
Renewable Bitcoin (BTC) mining firm Iris Energy is set to increase its total hash rate to 10 exahashes per second (EH/s) in 2024 by acquiring new Bitmain T21 mining rigs. The company announced it had acquired an additional 1.6 EH/s of Bitmain T21 miners, set for delivery in the second quarter of 2024. The company currently…
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$100,000 BTC? Don’t undervalue Bitcoin ETF influence, says Adam Back
The COVID-19 pandemic, rampant inflation and regional conflicts directly influenced Bitcoin’s (BTC) drop in value over the past two years. However, 2024 promises to be a resurgent period, according to Blockstream CEO Adam Back. The cryptographer, who pioneered the proof-of-work algorithm applied in Bitcoin’s protocol, tells Cointelegraph that the preeminent cryptocurrency is trailing below the…
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Blockstream targets continued Bitcoin miner surplus with Series 2 BASIC Note
Blockstream will look to raise more capital to buy Bitcoin (BTC) mining hardware through a second series of its Blockstream ASIC (BASIC) Note offering, which aims to accumulate and sell ASICs based on the predicted demand for miners over the next two years. Speaking exclusively to Cointelegraph, Blockstream CEO Adam Back highlighted a surplus of…
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Bitcoin halving, BTC ETF hype driving price up into 2024
The potential approval of Bitcoin exchange-traded funds (ETFs), the looming BTC mining reward halving and major regulatory and enforcement actions are having a profound psychological effect on market prices. This is a major takeaway from the Next Block Expo conference in Berlin in early December, just as Bitcoin tipped past $42,000 for the first time…
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