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Tag: Crypto

0.5% Rate Cut Could Create More Stress for Bitcoin, Analysts Warn

Cryptos
Contrary to what many analysts believe, a rate cut by the Federal Reserve could cause panic and concern, leading to increased caution and potential...

Giant Japanese Power Company Explores Bitcoin Mining with Renewable Energy

Cryptos
A subsidiary of TEPCO, Japan's leading electricity provider, is using waste solar energy for Bitcoin mining. Tokyo Electric Power Company (TEPCO) is entering the Bitcoin mining sector. Through its...

Spot Bitcoin ETFs Record Highest Outflows in 4 Months

Cryptos
Spot Bitcoin ETFs have garnered the financial market's attention in recent months. However, recently released data indicates that these funds experienced net outflows of...

Qatar Introduces New Legal Framework for Cryptocurrency Regulation

Cryptos
Qatar is opening the way for cryptocurrencies with the introduction of a new special regulatory framework for this type of asset. Companies in the...

U.S. Economic Calendar: Key Events for Crypto in September

Cryptos
Cryptocurrency markets are closely watching several key macroeconomic events in the U.S. this month, which could have a considerable impact on cryptocurrencies.  In particular, the...

Bitcoin price today: drops to $59,000 as large token transfer worries investors

Cryptos
Bitcoin lost value on Wednesday, extending a sharp fall from the previous session's drop, as the movement of a large volume of tokens on...

BTC Millionaires Skyrocket 111% in Just One Year

Cryptos
2024 has been a positive year for the cryptocurrency industry. In the eight months that have passed this year, the number of cryptomillionaires has...

Cryptocurrencies Lead Spending in U.S. Elections

Cryptos
The cryptocurrency industry is influencing this year's elections, to which it has contributed $119 million. Cryptocurrencies as major political backers Cryptocurrency companies have morphed into the...

Tether Launches Dirham-Backed Stablecoin in the UAE

Cryptos
Tether is partnering with Phoenix Group and Green Acorn Investments in the United Arab Emirates to create a dirham-linked stablecoin aimed at facilitating international...

Asia’s First Bitcoin Inverse ETF to Launch in Hong Kong

Cryptos
Hong Kong is set to host Asia's first exchange-traded fund (ETF) that will allow investors to bet against Bitcoin. CSOP Asset Management is launching the...
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