Bitcoin Price Consolidates; Trading Volume Down 30%
Crypto whales are being driven away as evidenced by the 30% volume drop.The price of Bitcoin is $29,054 at the time of writing as per data from CMC.Investors in Bitcoin…
Global X Submits Paperwork for Spot Bitcoin ETF
Global X’s spot-bitcoin filings represent the ninth current spot-bitcoin application.The firm has also applied for approval to establish a bitcoin-futures ETF.On Friday, Global X joined other industry participants in submitting…
Oman Progresses on Virtual Asset Regulatory Framework
The Capital Market Authority of Oman released a consultation document on July 27.The deadline for comments on the consultation document has been set to August 17.With its financial markets regulator…
Stablecoin Issuer Tether Introduces Software for Bitcoin Mining Gears.
Improved efficiency in managing mining capacity is the major goal of the new software. The tool facilitates coordination between various parts of the BTC mining ecosystem.To enable the transmission of…
Nigerian Man Attain Millionaire Status As He Used 1300 Bitcoin Servers, Makes $13,150.94 (10 Million Naira) Per Day.
A young millionaire who makes $13,150.94 per day from mining Bitcoin has gone viral on TikTok The man explained that he had over 1300 Bitcoin mining servers, and each one…
Bank of Russia Unveils Digital Ruble Logo and Transaction Fees.
The logo is the global ruble sign within a circle, and it comes in four color schemes.On July 24th, the digital ruble bill was signed into law by the Russian…
Amazon’s stock is now better yielding than Apple’s. Apple needs more than just the iPhone to beat Amazon performance says analyst
Amazon.com Inc. AMZN, +8.27% and Apple Inc. AAPL, -4.80% each reported earnings Thursday, and those results prompted Rosenblatt Securities analyst Barton Crockett to change his tune on both names. He…
American Top Bank Wells Fargo Customers cries that their deposits got missing into the thin air.
Customers at one of America’s largest banks are reporting missing deposits on social media. People who bank with Wells Fargo say their direct deposits are not showing up in their…
Americans Are Fighting Banks After Accounts Are Frozen.
Americans are increasingly turning to local news outlets after their hard-earned cash is frozen and denied. According to a new report from CBS News, a rash of banking customers are…
Coinbase makes moves for Dismissal of SEC Lawsuit.
The lawyers also made a reference to the recent XRP case decision. Coinbase and Binance were sued by the SEC in June 2023.On Friday, Coinbase submitted a brief to the…