NEWS

According to data from the blockchain explorer Mempool, the Bitcoin mining difficulty rose 3.9% this Tuesday, with the difficulty adjustment came at block height 866,880, reaching a record of 95.7 trillion. According to The Block’s data dashboard, the 7-day moving average of Bitcoin’s network hashrate also set a historical of 723.6 EH/s for the first […]

World’s richest man and tech magnate Elon Musk has announced that he will donate $1 million daily to supporters of Donald Trump before the election on November 5th. This news, announced at an America PAC event held in Harrisburg, Pennsylvania, has already caused a sensation. The first recipient of the $1 million check is John

Recently, J.P. Morgan released a research report that seems to be creating a favorable atmosphere for President Trump, a candidate supportive of cryptocurrencies, ahead of the elections. The report states that the combined hash rate of the 14 Bitcoin mining companies tracked by J.P. Morgan, which are listed in the United States, currently accounts for

Since September 1, 2024, when Russia officially passed a series of bills encouraging cryptocurrency mining and trading, the growth rate of the mining industry within Russia has been rapid. Igor Runets, the owner and CEO of Bitriver, stated that due to the legal advantages provided by Russia, the growth rate of domestic cryptocurrency mining has

Around 10:30 AM Eastern Time, the price of Bitcoin broke through $66,000 and climbed to $66,500 in the following hours, reaching its highest point since August 1st this year. Analysts believe this may be related to China’s fiscal stimulus policies and the upcoming U.S. election on November 5th. “Historical data suggests that October’s seasonal strength

KAS coin is undoubtedly the most prominent POW cryptocurrency of 2024, with KAS ASICs consistently topping the ASIC profitability charts. However, after reaching a peak of 0.2 cents on August 1, 2024, the KAS price has retraced to its current level of 0.13 cents, marking the lowest point since June. Yet, this period of price

Recently, Tether’s Chief Executive Officer Paolo Ardoino expressed his view that geopolitical issues around the world are becoming increasingly prominent, with tensions running high from Europe to the United States and beyond. Fear is driving many countries to buy large amounts of gold. Paolo Ardoino believes that for individual investors, investing in Bitcoin and gold

On October 2, 2024, the Federal Tax Authority (FTA) of the United Arab Emirates (UAE) issued revisions to the country’s value-added tax (VAT) regulations, announcing that cryptocurrency transfers and exchanges are exempt from VAT. The UAE has been committed to positioning itself as a more crypto-friendly jurisdiction for digital asset transactions and as a global

According to Bloomberg, the current Vice President of the United States and 2024 Democratic presidential candidate, Kamala Harris, announced her support for the development of cryptocurrency, marking her first clear stance on this issue. She stated that if elected, she will promote artificial intelligence and cryptocurrency.   More than 50 million people in the United

On September 26, 2024, Bitcoin broke through the 65,000 mark. This is the first time since August 2 that Bitcoin has reached such a key level of 65,000 USD. The price fluctuation has triggered a total of 138 million USD in contract liquidations across the entire cryptocurrency market, among which the short position liquidation of