Kyrgyzstan, a Central Asian nation known for its affordable electricity prices, has been a hub for crypto mining in recent years but this is changing as prices rise.
The post Kyrgyzstan’s Crypto Mining Tax Revenue Falls 50% to Only $500K in 2024: Report appeared first on Cryptonews. …
Category: Cryptocurrencies
Crypto Council for Innovation CEO’s X Account Hacked to Promote $SPELL
Sheila Warren, CEO of the Crypto Council for Innovation, had her X account hacked on December 26, promoting $SPELL token scams. The organization quickly addressed the issue, removing the posts and warning the public.
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Solana Defies Bearish December, DEX Trading Volume Surpasses $100B
Solana DEX trading volumes exceeded $100B in December 2024, outpacing Ethereum and Binance Smart Chain. With Raydium leading single-chain DEXs and Solana’s TVL soaring by 57%, the blockchain’s efficiency and scalability continue to attract DeFi users. SOL price, however, saw a 20% decline.
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Ethereum Price Set to Dip to $3,000 – Buy the Dip?
The Ethereum (ETH) price is on the back foot on Friday, the final trading day of the year in traditional financial markets, and is threatening a break back below $3,300.
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MOVE Airdrop Mania Takes Over – Could 2025 Be the Year of Massive Airdrops?
The native token of the layer-two Ethereum network Movement has delivered significant gains to investors who were eligible to receive its airdrop on December 9. Within the first 24 hours, the token’s price rose from around $0.70 to over $2 at some point the day after the airdrop. Although the price has settled above the […]
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Cardano Price Could Dump 57%, But 2025 Could Be a Massive Year – Here’s How High ADA Might Go
The Cardano (ADA) price was under pressure on Boxing Day, declining over 6%, with technical analysis suggestive that further downside could be in store in the days ahead.
The post Cardano Price Could Dump 57%, But 2025 Could Be a Massive Year – Here’s How High ADA Might Go appeared first on Cryptonews. …
Shiba Inu Price Stays Firm Following Bullish 200DMA Bounce – What’s Next for SHIB?
The Shiba Inu (SHIB) price is stabilizing in the low-$0.000020s in wake of last week’s impressive bounce from its 200DMA around $0.000018s, a sign that will fill the SHIB bulls with optimism.
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Tether Makes First VC Investment, Pouring $2M in Arcanum’s Web3 Fund
Tether has made its first foray into venture capital by investing $2 million in Arcanum Capital’s Arcanum Emerging Technologies Fund II.
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Bitwise Files Bitcoin Standard ETF Tracking Firms with BTC Reserves
Bitwise’s proposed ETF aims to invest in firms that have adopted the “Bitcoin standard” by holding significant Bitcoin reserves.
The post Bitwise Files Bitcoin Standard ETF Tracking Firms with BTC Reserves appeared first on Cryptonews. …
Vivek Ramaswamy-Founded Strive Files for ETF Focused on Bitcoin-Linked Convertible Bonds
Strive has filed with U.S. regulators to launch an exchange-traded fund (ETF) aimed at investing in Bitcoin-linked convertible bonds.
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