For the first time in 10 months, the global count of active Bitcoin ATMs has declined since July 2023. The United States and Canada jointly represent 91.4% of the total Bitcoin ATM network, with 31,089 (82.6%) machines in the U.S. and 2,909 (7.7%) in Canada. Throughout 2024, countries worldwide significantly contributed to the month-on-month increase … Read more
The ongoing legal dispute between Ripple Labs and the US Securities and Exchange Commission (SEC) has escalated with the SEC’s most recent court filing. This filing represents the last submission before Judge Analisa Torres of the Southern District of New York begins deliberating on the remedies phase of this significant case. Ripple vs. SEC: The … Read more
According to a report from BitRiver, Russia’s largest crypto mining entity, the Russian crypto mining sector is anticipated to see growth ranging between 20% and 40% in 2024. This information was shared by industry insiders and reported by Overclockers. BitRiver has been a key player in the Russian crypto mining scene and has been actively … Read more
Recent on-chain data indicates that Litecoin whales have collectively engaged in a buying spree, amounting to approximately $230 million. This significant investment surge suggests a potentially bullish outlook for the coin. Whales of Litecoin Have Lately Seen Net Inflows Into Their Wallets Over the past month or two, the Litecoin whales have seen significant net … Read more
The price of Ethereum surged by more than 20%, driven by growing optimism surrounding the possibility of an Ethereum Exchange-Traded Fund (ETF). ETH managed to overcome several obstacles and even surpassed the $3,500 resistance level. Ethereum Price Initiates New Bull Run The price of Ethereum established a base and increased above the $3,200 resistance level. … Read more
Last week, developers working on Cardano (ADA) made significant strides, evidenced by increased development activity on the blockchain. The latest weekly report from the project highlighted the collaborative efforts of various teams. Despite this progress, the price of ADA experienced a downward trend, signaling a bearish turn in its price action. The development of Cardano … Read more
Venezuela’s government has taken a significant step by implementing a ban on cryptocurrency mining, citing concerns about safeguarding the national electrical grid. This decision comes in the wake of a crackdown on crypto-related activities, including the confiscation of 2,000 mining devices in Maracay. Venezuela: The energy situation forces the ban on cryptocurrency mining According to … Read more
The U.S. Securities and Exchange Commission (SEC) is facing a critical juncture this week as it deliberates on approving or denying spot Ethereum exchange-traded funds (ETFs), a decision that has attracted considerable attention from major investment firms. VanEck’s application deadline for SEC approval is set for May 23, with proposals from Cathie Wood’s ARK Invest … Read more
After reaching $175 on May 18th, Solana (SOL) experienced a price correction that led to a decrease in its value. Does this indicate a likelihood of SOL declining further in the upcoming days? Solana come back to $175 Last week was a huge triumph for Solana, as the token’s price increased significantly. According to CoinMarketCap, … Read more
Over the weekend, both the total crypto market cap (TOTAL) and the price of Bitcoin (BTC) paused their recent rally. While there’s a slight upward movement indicated by the intra-day candlestick being green, the bearish sentiment from the past couple of days seems to persist, leading to minimal overall growth today. The total market capitalization … Read more