Month: May 2024

Ether ETFs, DOGE Tesla payments, and Rollblock revenue share dominate headlines

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Several game-changing crypto announcements have been made over the last week. Firstly, the U.S. SEC hinted at the potential release of an Ethereum ETF, which has triggered a massive Ethereum (ETH) rally.  Meanwhile, Tesla launched Dogecoin (DOGE) payments on its website, suggesting that Elon remains bullish about the meme coin. At the same time, Rollblock’s revenue share initiative has caught global attention, and experts are soaring to its presale…

BitGo’s $100M Suit Against Galaxy Digital Can Proceed, Delaware Supreme Court Rules

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

The Unintended Consequences of FIT21’s Crypto Market Structure Bill

The bill’s proposed bifurcated market for restricted and unrestricted digital assets ignores fungibility as a fundamental characteristic of crypto tokens. By creating categories of restricted and unrestricted assets, the bill disrupts this principle, leading to confusion and market fragmentation. This could impair liquidity, complicate transactions and risk management mechanisms such as derivatives, reduce the overall utility of the crypto tokens and ultimately stifle innovation in a nascent industry. Source

Battle Of Networks? Algorand Pokes At Other Chains In New Ad

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Algorand Foundation’s new ad criticized Bitcoin, Ethereum, and Solana for their efficiency. The ad received mixed reactions from the crypto community and sparked a conversation about the art of advertising crypto products. Related Reading Algorand, The Only One “Delivering” Algorand’s latest ad has sparked controversy for “dissing” three networks. Titled “When Blockchain Meets The Real World, Only One Can Deliver,” the ad features a classic grocery store checkout line format. The video shows three customers trying to pay for groceries with crypto: Bitcoin, Ethereum, and Solana. During the ad, the…

Consensys Hails Spot Ether ETF Approval, Slams SEC’s ‘Deliberate Regulatory Abuse’

Consensys has lauded the U.S. Securities and Exchange Commission’s approval of 19b-4 filings for spot ether exchange-traded funds as “a step in the right direction.” However, the software firm expressed its disapproval of what it calls the securities regulator’s “deliberate regulatory abuse” in its handling of ethereum. The SEC’s Inconsistent Approach to Digital Assets The […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Analyst Says Ethereum Spot ETFs Approval Will See “Animal Spirits” Reignite Crypto

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A crypto analyst has made a rather cryptic prediction, suggesting that the approval of Ethereum Spot ETFs by the United States Securities and Exchange Commission (SEC) could unleash a new wave of “animal spirits.” This term in crypto is often used to describe an irrational exuberance and optimism that fuels financial markets.  Ethereum Spot ETF To Reignite Animal Spirits In an X (formerly Twitter) post on May 22, a crypto analyst identified as “the DeFi Villain,” made a bold forecast, anticipating the resurgence of the bull run altcoin season following…

Bitcoin (BTC) Miner Marathon Digital (MARA) Signs Deal With Kenya to Invest in Green Energy Projects

Renewable energy is Kenya’s main power source, responsible for 80% of all electricity generation in 2022, with plans to increase its share to 100% by the end of the decade. However, renewable energy sources like solar and wind are intermittent, meaning that they don’t produce energy when most of the consumption happens. Infrastructure building for renewable energy is capital-intensive and requires a power management system to store and distribute energy properly. Source

5 best free Bitcoin cloud mining platforms in 2024

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A look at this year’s top free Bitcoin cloud mining platforms, including the unique features that set them apart. The appeal of cryptocurrency can be undeniable, but the initial investment in mining equipment can be a barrier. Fear not, aspiring miners! Free cloud mining software offers a gateway to this exciting space. This article unveils the top 5 free cloud mining software options for 2024. These user-friendly platforms empower…