Tag: News

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EIA Agrees to Wipe Out Prior Bitcoin Mining Survey Data, Plans Fresh Study

The US Energy Information Administration (EIA) has agreed to discard any data it already collected in response to its emergency Bitcoin mining survey, court documents filed Friday showed. If the agency receives any further data, it has committed to destroying that as well. “EIA will sequester and keep confidential any information it has received or…
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Hong Kong SFC Warns of Websites Impersonating Regulated Crypto Exchanges

The Hong Kong Securities and Futures Commission (SFC) issued a public warning today, urging investors to be cautious of suspicious websites impersonating legitimate virtual asset trading platforms. Two specific platforms were identified: HSKEX, impersonating Hash Blockchain Limited, operating these urls – www.hskexpro.com, www.hskex.com, www.hskexs.com and www.hskexit.com. www.oslexu.com and www.oslint.com were found impersonating OSL Digital Securities…
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AfreecaTV BJ Falls Victim to South Korean Crypto Scammer

AfreecaTV BJ (broadcast jockeys) stars have become the latest targets of increasingly sophisticated South Korean crypto scammers. Asia Kyungjae reported that the Seoul Central District Court sentenced a “man in his thirties” to five years in prison for crypto-related fraud. AfreecaTV BJ Stung to Tune of $1.6m AfreecaTV is South Korea’s leading real-time streaming platform,…
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Former Coinbase CTO Balaji Srinivasan: Bitcoin Is a ‘Political Revolution’

Balaji Srinivasan, venture capitalist and former CTO of Coinbase, has highlighted the real purpose of Bitcoin and its implications for geopolitical and financial issues. Srinivasan stated that Bitcoin at its core is a “political revolution,” because it challenges the centralized states’ business model, and the change brought by it will be fought by states who…
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Bitcoin Price Prediction as $25 Billion Floods Into BTC Market – Time to Buy?

Bitcoin Price Prediction On Sunday, Bitcoin is trading at $62,000 with a slight decrease of 0.10%. The focus intensifies on Bitcoin price predictions amidst a backdrop of regulatory changes and market developments. From the UK’s enhanced crypto oversight to Nigeria’s clarification on Binance fines and Marathon Digital’s launch of the Anduro platform, these factors collectively…
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NFT Market Booms With 35% Sales Increase as Cryptocurrencies Rally

As the value of cryptocurrencies has risen, the non-fungible token (NFT) market has experienced a 35.14% increase in sales compared to the preceding week. This marks the third consecutive week of sales growth in the NFT sector, with NFTs based on Bitcoin leading the charge throughout this period. NFT Sales Surge Past $412 Million in…
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Bitcoin Price Prediction as BTC Consolidates at $62,000, Making 99% of Addresses Profitable – What’s Next?

Bitcoin Price Prediction As Bitcoin (BTC/USD) hovers above the $62,000 mark, showing a 1.50% increase on Saturday, the cryptocurrency landscape is abuzz with anticipation. This pivotal moment makes 99% of Bitcoin addresses profitable, sparking a debate on the future trajectory of this digital asset. Analysts, including the renowned PlanB, suggest we are on the cusp…
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AI Tokens to Democratize Access To Artificial Intelligence Models

Artificial Intelligence (AI) is set to be one of the most transformative technologies of the century. A new report from ResearchAndMarket.com projects the global AI Market is expected to be valued at around $1,057.47 billion by 2030. Unsurprisingly, this potential has fueled immense growth in AI-related stocks, including microchip giant Nvidia, whose shares have soared…
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Satoshi Era Mega Whale Stirs, Shifts a String of 2,000 Vintage Bitcoins in a Single Block Worth $123M

Around 88 days ago, on Dec. 4, 2023, a mysterious mega whale, closely watched by onchain analysts at Bitcoin.com News, made waves again by transferring 2,000 ancient bitcoins from 2010 that was confirmed in a single block. Since March 2020, this entity has relocated a whopping 16,000 bitcoins that had been dormant since the day…
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From Low to High — Bitcoin Fees Jump Over 129% in 4 Days

After a short period of diminished onchain network fees, the expense of sending bitcoin has begun climbing once more, hitting a midweek average of 73.3 satoshis per virtual byte (sats/vB) or $11.48 for each transaction. Currently, a backlog of 207 mempool blocks is pending, waiting to process about 134,000 unconfirmed transactions, a situation that has…
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