Compass Mining has powered up 3,000 bitcoin mining machines at its newly partnered hosting facility in Iowa. The company also plans to install 1,000 more machines in September. Compass Mining Scales Iowa Facility The bitcoin mining operator Compass Mining shared that it has energized 3,000 machines at the new site, with plans for an additional […] Original
Losses from cryptocurrency scams in 2023 surged by 45% compared to the previous year, according to a recent report from the FBI. The total losses amounted to more than $5.6 billion, driven by scammers who exploited the speed and irreversibility of digital asset transactions. With the rise in popularity of cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), as well as the emergence of exchange-traded funds (ETFs) tracking their prices, the growth of the crypto market has attracted both legitimate investors and malicious actors. Why Cryptocurrency Scams Are on the Rise…
As November’s Election Day draws nearer, so does bitcoin’s eventual breakout from this year’s narrow trading range, according to Bernstein. The flagship cryptocurrency has been stuck between $55,000 and $70,000 for most of the year — after reaching its all-time high in March — and is likely to remain in limbo until the U.S. determines its next president on Nov. 5. The outcome of the presidential election – whether former President Donald Trump or Vice President Kamala Harris were to win – could result in a sizable impact on bitcoin…
Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott’s dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott’s experience spans a number of industries outside of crypto including…
On Monday, as bitcoin began bouncing back from its recent dip to $52,546 just three days earlier, a dormant bitcoin wallet suddenly sprang to life. For the first time since Nov. 20, 2013, the wallet moved 146.43 BTC, a stash now valued at just over $8 million. Old Bitcoin Wallet Transfers 146 BTC After Nearly […] Original
Bitfarms has rescheduled its special shareholder meeting as part of the company’s response to the latest developments from Riot Platforms. The rescheduling will offer Bitfarms’ Special Committee time to review and respond to a recent request from Bitcoin (BTC) miner Riot, Bitfarms said in a press release. Bitfarms pushes special meeting to November Riot Platforms is a major shareholder in Bitfarms, having tried to acquired its smaller rival to no avail so far. When Riot withdrew its $950 million acquisition proposal in July, it accompanied the move with a request…
Este artículo también está disponible en español. As the crypto market navigates the final quarter of the year, Shiba Inu (SHIB) and Mpeppe (MPEPE) are two meme-based cryptocurrencies gaining significant attention. With Shiba Inu (SHIB) seeing a 20% price surge and Mpeppe (MPEPE) aiming for a 150% pump in September, both coins are positioned for exciting growth in the coming weeks. Let’s dive into the details of what’s driving these price movements and why investors are watching closely. Shiba Inu (SHIB)’s Recent Surge and What’s Behind It Shiba Inu (SHIB),…
Este artículo también está disponible en español. As Ethereum shows signs of recovery, crypto investors are exploring other opportunities for significant gains. Two standout contenders are Mpeppe (MPEPE) and Shiba Inu (SHIB), both of which are capturing attention with their innovative approaches to blockchain, De-Fi, and meme culture. Let’s dive into why these two coins are becoming investors’ top picks during Ethereum’s recovery. Mpeppe (MPEPE): Sports, Blockchain, and Meme Culture Mpeppe (MPEPE) is not just another meme coin—it’s a cryptocurrency that combines the worlds of sports fandom and blockchain innovation.…
The judge in the prediction market’s court case against the CFTC has called a hearing Thursday over the regulator’s motion for a two-week delay. Source
Este artículo también está disponible en español. As meme coins continue to dominate the cryptocurrency market, the battle between Dogecoin (DOGE) and Mpeppe (MPEPE) for long-term investment growth has captured the attention of analysts. While Dogecoin (DOGE) has established itself as a frontrunner in the meme coin space, Mpeppe (MPEPE) is making significant strides with its innovative integration of decentralized finance (De-Fi) and online gambling, positioning it as a strong contender for future growth. Here’s why Mpeppe (MPEPE) might outshine Dogecoin (DOGE) for long-term investments. Mpeppe (MPEPE)’s Yield Farming Integration…