House Majority Whip Tom Emmer recently raised concerns about government agencies under the Biden administration starting to collect data on Bitcoin mining firms. Emmer criticized the Office of Management and Budget (OMB) for approving a request from the Energy Information Administration (EIA) to implement an information collection regime on the Bitcoin mining industry without a
Crypto
South Africa recently announced ambitious plans to integrate digital payments and cryptocurrencies into its financial system in an effort to stimulate economic growth, particularly for marginalized communities. This move is outlined in the country’s 2024 budget, highlighting the government’s commitment to fostering a digital economy through collaboration between the public and private sectors to drive
In the fast-paced world of cryptocurrency trading, AI-themed coins have been taking the spotlight. With notable coins such as Worldcoin (WLD), SingularityNET (AGIX), and Render (RNDR) experiencing significant price increases of 25-40% in just 24 hours, investors are flocking to these projects in search of quick gains. DEXTools, a popular platform used by crypto degens
Bitcoin’s price has been a topic of much speculation and analysis, especially as it hovers around the $52,000 mark. While many traders focus on price movements, a deeper dive into Bitcoin’s liquidity reveals a complex ecosystem that underpins the market. CryptoSlate, in collaboration with Kaiko, has delved into the intricate dance of buy and sell
Binance, the leading cryptocurrency exchange, recently announced the expansion of its margin trading options. The new additions included several new pairs and borrowable assets. This move was aimed at enhancing the user trading experience and providing more choices for traders on the platform. The new margin trading pairs added by Binance include ADA/USDC, AVAX/USDC, MATIC/USDC,
In a recent analysis by Spot On Chain, a significant Ethereum whale has been identified engaging in notable accumulation activity that has caught the attention of the ETH community. The whale address in question has reportedly purchased a total of 64,501 ETH over the past three days, translating to a substantial $187 million at current
In the fast-paced and constantly evolving world of cryptocurrency, a new trend has emerged that has captivated the attention of investors and enthusiasts alike – airdrops. These airdrops are essentially free tokens or coins distributed by blockchain projects to attract potential investors and users, ultimately aiming to increase visibility and promote their project. Airdrops come
After former CEO Daniel Alegre stepped down from the role, Greg Solano, co-founder of Yuga Labs, has announced his return to the position of chief executive officer. This decision marks a significant shift in leadership for the company known for creating the highly successful Bored Ape Yacht Club (BAYC) NFT collection. Solano expressed his excitement
There is a growing belief among crypto analysts that the altcoin season is on the horizon, thanks to Bitcoin’s recent price action. The altcoin season typically refers to a period when other cryptocurrencies start to outperform Bitcoin. According to Rekt Capital, a renowned crypto analyst, Bitcoin is expected to experience one final pre-halving retrace before
In a recent analysis by crypto investor Fred Krueger, Ethereum’s valuation at spot rates has come under scrutiny. Krueger argues that Ethereum is overvalued, with supporters being “detached from reality” as the native currency recently surpassed $3,000. One of the key points raised by Krueger is the declining on-chain activity in Ethereum, along with the