The addition of bitcoin, ethereum, and binance coin as part of GMC’s strategic reserves will expand Bhutan’s digital assets ecosystem. Bhutan’s GMC Adds BTC, ETH, and BNB to its Strategic Reserves Bhutan‘s new special administration region, Gelephu Mindfulness City (GMC) has announced that it will acknowledge digital assets like BTC, ETH, and BNB as part […] Original
Tag: Digital
Digital Bitcoin miner GoMining expands to Solana
GoMining, a blockchain-based platform that allows users to participate in the Bitcoin mining ecosystem via tokenized hashrate ownership, has announced its expansion to Solana. Users of GoMining can earn bitcoin rewards through non-fungible tokens of the actual Bitcoin (BTC) mining… Original
Factors To Consider When Choosing a Crypto Exchange for Digital Asset Trading
According to one recent estimate, there are currently around 1,500 cryptocurrency exchanges up and running globally, which means you’re going to have to take a while to research them and narrow down your options. To get started, it helps to know what to look for in an exchange platform, and so we’ve come up with a basic list of criteria you’ll need to pay attention to. One of the most important things for every user should be the exchange’s security features and its trustworthiness, as you’ll want to ensure your…
Galaxy Digital Reveals Bold Dogecoin Price Prediction For 2025
Every year-end, some of the top crypto analysts and crypto firms reflect on the industry’s performance, and look forward to the next year. Traditionally, the top digital assets, like Dogecoin, are subject to market analysis and price predictions. Related Reading Galaxy Digital, a leading blockchain company, has joined the conversations and offers its price prediction for Dogecoin, the market’s leading meme coin. According to the Galaxy Digital team, Dogecoin will finally breach $1 this year and top a $100 billion market cap. In its Crypto Predictions Report, the team expects…
Marathon Digital improves hash rate by 15%, mined 890 BTC in December
Marathon Digital Holdings reports December 2024 Bitcoin production and mining metrics, showing continued operational progress. Marathon Digital Holdings reported a 15% increase in its energized hash rate to 53.2 exahashes per second, exceeding its year-end target of 50 EH/s. However, Bitcoin (BTC) production fell slightly, down 2% from November to 890 BTC, which MARA attributed to “luck” variations in mining, per CEO Fred Thiel. MARA’s December 2024 #Bitcoin Production Update is here: – Energized Hash Rate Increased 15% to 53.2 EH/s– 249 Blocks Won (890 BTC), the Second Most Blocks in…
Russia’s New Bill Forces Banks and Merchants to Embrace Digital Ruble
Russia is set to make the digital ruble mandatory for banks and large merchants by 2025, pushing widespread adoption through universal QR code payments. Russia Moves to Mandate Digital Ruble for Banks and Merchants A bill has been introduced to Russia’s State Duma that seeks to make the use of the digital ruble, Russia’s central […] Source CryptoX Portal
Russia’s Biggest Bank Joins Digital Ruble Push – New Era of Transactions Begins
Russia’s largest bank, Sberbank, has joined the expanding digital ruble pilot, signaling stronger momentum as the country advances its central bank digital currency initiative. Russia Expands Digital Ruble Pilot with Key Banking Giants Sberbank, Tbank, and Tochka Bank have officially joined Russia’s digital ruble pilot program, the Central Bank of Russia has revealed through its […] Source CryptoX Portal
Cambodia Introduces Crypto Regulation Requiring Licensing for Digital Asset Activities
The National Bank of Cambodia (NBC) has issued new regulations on crypto-related activities. The directive, dated Dec. 26, mandates that individuals or entities involved in crypto asset transactions, such as fund mobilization, trading, and settlements, must obtain a license from the relevant authorities. Engaging in these activities without authorization may result in penalties under Cambodia’s […] Source CryptoX Portal
Crypto Exchange Token Defies Digital Asset Market Downtick and Soars by Nearly 30% Amid New Merger Announcement
A crypto exchange token is defying this week’s marketwide downtrend, skyrocketing by nearly 30%. The Bitget Token (BGB) is trading at $7.37 at time of writing and is up nearly 28% in the past 24 hours and more than 70% in the past week. BGB’s gains partially materialized amid news that Bitget plans to merge the token with its other native asset, the Bitget Wallet Token (BWB). BWB, the 638th-ranked crypto asset by market cap, is down more than 4% in the past day but up nearly 45% in the…
ESG-Focused Blockchain Trrue Secures $10M Investment Commitment From GEM Digital
Trrue, a layer-1 blockchain focused on environmental, social and governance (ESG) compliance and real-world asset tokenization received a $10 million investment commitment from GEM Digital, the company said in a press release on Tuesday. The money will be used to accelerate the development of Ireland-based Trrue’s platform, the company said. GEM Digital is a Bahamas-based $3.4 billion alternative investment group that specializes in the digital asset sector. It will receive TRRUE tokens in return for the investment. The company invests in utility tokens listed on centralized (CEXs) and decentralized exchanges…