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Compass Mining Energizes 3,000 Bitcoin Mining Rigs at Iowa Facility
bitcoin newsSep 9, 2024

Compass Mining Energizes 3,000 Bitcoin Mining Rigs at Iowa Facility

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…

Dormant Bitcoin Wallet From 2013 Springs to Life With $8M Transfer
bitcoin newsSep 9, 2024

Dormant Bitcoin Wallet From 2013 Springs to Life With $8M Transfer

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…

Weekly Crypto Market Roundup: Top Gainers and Losers Revealed
bitcoin newsSep 9, 2024

Weekly Crypto Market Roundup: Top Gainers and Losers Revealed

This week saw notable movements in the crypto market, with some assets experiencing significant gains while others faced steep declines. The total market capitalization of the cryptocurrency market currently stands…

Liminal Says Grant Thornton Confirms Its Security Amid Wazirx Breach Concerns
bitcoin newsSep 9, 2024

Liminal Says Grant Thornton Confirms Its Security Amid Wazirx Breach Concerns

Grant Thornton’s review of Liminal’s infrastructure revealed no signs of any security breach within its frontend or backend systems, according to Liminal. Following a breach at Wazirx that resulted in…

Polymarket’s Traffic and Trading Volume Soar, $137.3M in September’s First 9 Days
bitcoin newsSep 9, 2024

Polymarket’s Traffic and Trading Volume Soar, $137.3M in September’s First 9 Days

In just over a week, the blockchain-powered prediction market platform Polymarket has generated an impressive $137.3 million in trading volume, already outpacing the total volume recorded during June and all…

Fractal Bitcoin Launches Mainnet, Introducing New Bitcoin Scaling Solution
bitcoin newsSep 9, 2024

Fractal Bitcoin Launches Mainnet, Introducing New Bitcoin Scaling Solution

Fractal Bitcoin, a highly anticipated Bitcoin scaling solution, officially launched its mainnet today. Backed by wallet provider Unisat, Fractal Bitcoin offers a unique approach to scaling by operating directly on…

Bitcoin Technical Analysis: Path to $58K Blocked by Heavy Resistance at $56,000
bitcoin newsSep 9, 2024

Bitcoin Technical Analysis: Path to $58K Blocked by Heavy Resistance at $56,000

On September 9, 2024, bitcoin is trading for $55,321, rebounding from recent lows but facing strong resistance around the $56,000 mark. Oscillators and moving averages present a mixed picture, with…

Graph Foundation Director: BTC Rally Fails to Rekindle Investor Interest in Crypto Startups
bitcoin newsSep 9, 2024

Graph Foundation Director: BTC Rally Fails to Rekindle Investor Interest in Crypto Startups

According to a director of a non-profit organization, investors’ growing interest in artificial intelligence (AI) may be diverting funds away from crypto startups. The director suggested that the diminished investor…

Bitcoin Rainbow Chart Forecasts An End To Bearish Headwinds With $60,000+ Target
bitcoin newsSep 9, 2024

Bitcoin Rainbow Chart Forecasts An End To Bearish Headwinds With $60,000+ Target

Este artículo también está disponible en español. Crypto analyst Daan Crypto has highlighted a Bitcoin Rainbow Chart, which has provided insights into the crypto’s current price action. The analyst also…

Bitcoin Layer 2 Protocol Stacks Achieves New High in Smart Contract Deployments
bitcoin newsSep 9, 2024

Bitcoin Layer 2 Protocol Stacks Achieves New High in Smart Contract Deployments

Stacks, the Bitcoin Layer-2 protocol, has achieved a new high in smart contract deployments, with a 30% month-over-month increase. This growth reflects the ongoing efforts of developers to enhance the…

Woo X Introduces Social Trading With Ability to Hedge Against Leading Traders
bitcoin newsSep 9, 2024

Woo X Introduces Social Trading With Ability to Hedge Against Leading Traders

Woo X, a crypto futures and spot trading platform, has launched its new social trading product, featuring a counter trading feature. This tool allows users to hedge against lead traders,…

Trump Threatens Countries Leaving the U.S. Dollar With 100% Tariffs
bitcoin newsSep 9, 2024

Trump Threatens Countries Leaving the U.S. Dollar With 100% Tariffs

Former President and Republican candidate Donald Trump announced future sanctions for countries supporting de-dollarization. At a rally held in Wisconsin, Trump declared: “You leave the dollar, and you’re not doing…

Moscow Exchange Opts out of Russia’s Crypto Trading Program
bitcoin newsSep 9, 2024

Moscow Exchange Opts out of Russia’s Crypto Trading Program

The Moscow Exchange (MOEX), Russia’s largest securities marketplace, will not participate in an experimental program for cryptocurrency trading, as confirmed by Nikolai Trunichkin, head of digital projects at the exchange.…

Latam Insights: Venezuelan Opposition Leader Proposes Bitcoin Reserve; Maduro Wants to Retake the Crypto Path
bitcoin newsSep 9, 2024

Latam Insights: Venezuelan Opposition Leader Proposes Bitcoin Reserve; Maduro Wants to Retake the Crypto Path

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, Venezuelan opposition leader María Corina Machado proposes creating…

UK Regulator: 87% of Crypto Firms Fail to Meet Registration Requirements
bitcoin newsSep 9, 2024

UK Regulator: 87% of Crypto Firms Fail to Meet Registration Requirements

The UK Financial Conduct Authority (FCA) has revealed that over 87% of crypto registrations were either rejected, withdrawn, or refused as part of its ongoing efforts to combat fraud and…

Russia Expands Digital Ruble Pilot With New Features: Widespread Use Expected in 2025
bitcoin newsSep 9, 2024

Russia Expands Digital Ruble Pilot With New Features: Widespread Use Expected in 2025

Russia’s central bank is expanding its digital currency pilot program, involving 9,000 individuals and 1,200 companies. New features for the digital ruble, including payments via QR code, will be tested.…

Ripple CEO: Japan’s Leaders Committed to Advancing Crypto and Blockchain Technology
bitcoin newsSep 8, 2024

Ripple CEO: Japan’s Leaders Committed to Advancing Crypto and Blockchain Technology

Ripple CEO Brad Garlinghouse discussed Japan’s potential in blockchain technology with Japanese lawmaker Taira Masaaki during XRP Community Day. Garlinghouse praised Japan’s commitment to advancing crypto, highlighting the country’s “clear…

US, Nigeria Convene AI Conference to Promote Inclusive Tech Adoption
bitcoin newsSep 8, 2024

US, Nigeria Convene AI Conference to Promote Inclusive Tech Adoption

The U.S. and Nigeria will host a pan-African Artificial Intelligence (AI) conference in Lagos from September 10-11. The conference will bring together government officials, tech leaders, and civil society to…

Mansa Partners With Nigerian Blockchain Platform Bitmama to Boost Cross-Border Payments
bitcoin newsSep 8, 2024

Mansa Partners With Nigerian Blockchain Platform Bitmama to Boost Cross-Border Payments

The Nigerian blockchain payment platform Bitmama has partnered with the decentralized finance platform Mansa to improve cross-border payment accessibility in Africa. This partnership aims to enhance consumer payment capabilities and…

Connecting Japanese Culture to a Worldwide Audience
bitcoin newsSep 8, 2024

Connecting Japanese Culture to a Worldwide Audience

Japanese culture captivates millions around the world, but the creators behind its art often remain inaccessible. With 8Ships, Terry Tomonaga is changing that. 8Ships Is Connecting Japan’s Artists, Artisans, and…

Tokyo Electric Power Company’s Subsidiary Mines Bitcoin With Surplus Energy
bitcoin newsSep 8, 2024

Tokyo Electric Power Company’s Subsidiary Mines Bitcoin With Surplus Energy

According to a report from Asahi Shimbun, one of Japan’s oldest national newspapers, a subsidiary of Tokyo Electric Power Co. (TEPCO) has taken an innovative step into the world of…

Central Bank of Brazil Reveals New Use Cases to Be Tested in Its Drex CBDC Second Pilot Phase
bitcoin newsSep 8, 2024

Central Bank of Brazil Reveals New Use Cases to Be Tested in Its Drex CBDC Second Pilot Phase

The Central Bank of Brazil disclosed a new set of use cases that will be part of the second phase of the ongoing pilot of its drex CBDC. Among the…

Bitcoin’s Hashrate Reaches 692 EH/s, Nearing 700 EH/s Milestone
bitcoin newsSep 8, 2024

Bitcoin’s Hashrate Reaches 692 EH/s, Nearing 700 EH/s Milestone

After breaking the July 25, 2024 record on Saturday, Sept. 7, Bitcoin’s hashrate has kept climbing, now reaching an impressive 692.28 exahash per second (EH/s) on Sept. 8, which is…

Zürcher Kantonalbank (ZKB) to Offer Bitcoin and Ethereum Trading and Secure Storage from September 2024
bitcoin newsSep 8, 2024

Zürcher Kantonalbank (ZKB) to Offer Bitcoin and Ethereum Trading and Secure Storage from September 2024

Starting September 4, 2024, Zürcher Kantonalbank (ZKB), Switzerland’s fourth-largest bank, will enable its customers to trade and securely store Bitcoin and Ethereum. This service will be seamlessly integrated into ZKB’s…

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