Sometime in the next few days or even hours, the “miners” who chisel bitcoins out of complex mathematics are going to take a 50% pay cut — effectively slicing new production of the world’s largest cryptocurrency in half. That could have a lot of implications, from the price of the asset to the bitcoin miners […]
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Thailand’s Securities and Exchange Commission (SEC) warned digital asset platforms over crypto promotion and misleading advertisement. According to local reports, these platforms must be careful with their ads and focus on benefiting investors. The warning follows the regulator’s efforts to stringently regulate the country amid growing concerns over crypto-related online scams. Related Reading: Spot Bitcoin […]
There’s a very slight chance that Bitcoin (BTC) has already reached its peak this cycle at the $70,000 mark, at least, based on the “exponential decay” pattern floated by veteran trader Peter Brandt. Of course, many other price models and predictors suggest the cryptocurrency is still far from its cycle peak — and could instead top […]
The Bitcoin network completed its fourth “halving” late Friday, reducing the rewards miners earned to 3.125 bitcoins from 6.25.
Two prominent crypto industry groups, the Blockchain Association and the Crypto Freedom Alliance (CFAT) of Texas, have filed a lawsuit against the US Securities and Exchange Commission (SEC) to contest a newly implemented rule expanding the definition of a “dealer” in securities. The complaint, lodged in a federal court in Texas, alleges that the SEC […]
Poker is one game that’s never been shy of embracing innovation — that’s why it’s no surprise that the best online poker rooms in the world are all extremely crypto-friendly. Of course, simply accepting an altcoin or two isn’t enough to make a poker site worth your while. We’re laying all our cards on the […]
The yen’s volatile episode may spread to other fiat currencies as U.S. rate cuts remain elusive amid sticky inflation, which could drive investors to gold and bitcoin, Noelle Acheson said in an interview. Cryptocurrencies, widely known for their often volatile nature, were a sea of calm Friday as the Japanese yen’s tumble to a fresh […]
Eddy Lazzarin, CTO of A16z Crypto, one of the largest cryptocurrency-focused venture capital funds, has criticized the meme coins’ effect on the broad appreciation of the cryptocurrency market. Lazzarin stated that meme coins undermined the “long-term vision of crypto” that has maintained some actors in the space, making it look “like a risky casino.” A16z […]
By Alli Rosenbloom, CNN (CNN) — Taylor Swift’s latest album “The Tortured Poets Department” is indeed the blockbuster that many expected it to become. On Sunday, the 31-song double album debuted at No. 1 on the all-encompassing Billboard 200 albums chart, selling 2.61 million so-called equivalent album units in the U.S. in the week ending April
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One driver described it as a “roller coaster off the tracks.”