Cryptocurrency investment products snapped a four-week losing streak, drawing about $1 billion in fresh money after four consecutive weeks of losses totaling $5.5 billion. Crypto exchange-traded products (ETPs) recorded $1.07 billion of inflows last week, […]
From dominance to ban: The 2021 crackdown Before 2021, China controlled a large share of global Bitcoin (BTC) mining. Data from the Cambridge Bitcoin Electricity Consumption Index shows that Chinese miners produced about 65% of […]
Bitcoin price erased recent gains, shedding nearly 5% to below $87,000 in early Asian trading hours on Dec. 1. This came as a surge in Japanese government bond yields triggered a broad risk-off sentiment, shattering […]
The Bitcoin (BTC) mining difficulty is projected to increase during the next difficulty adjustment scheduled for Dec. 11, as hash price, a critical metric that measures expected miner profitability per unit of computing power, sits […]
Ripple Labs has received approval from Singapore’s central bank to expand its payment activities in the region, amid a broader push to grow its business and institutional-focused offerings through acquisitions. Ripple’s Singapore subsidiary, Ripple Markets […]
Bitcoin (BTC) failed to reclaim $93,000 despite positive momentum in the US stock market and rising gold prices. With the S&P 500 trading just 1% below its all-time high, traders are evaluating what could spark […]
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