The global crypto market has reached a record-breaking $3 trillion in total value, buoyed by optimism over regulatory changes and significant gains in major tokens. This surge comes amid pro-crypto sentiment surrounding the recent election of Donald Trump, who, along with other pro-crypto lawmakers, could usher in friendlier U.S. regulations for digital assets. According to…
SHENZHEN, China, Nov. 13, 2024 /PRNewswire/ — Blockchain technology company BTC Digital Ltd. ( “BTC Digital” or “the Company”) (NASDAQ: BTCT) today announced that the company has signed a Bitcoin miner equipment hosting agreement with Recte Technologies Company Limited, a digital asset management advisory company in Asia, and ASIA INVESTMENT FUND SP2, a cryptocurrency mining fund…
The latest earnings season saw Bitcoin miners releasing mixed results amid a postelection Bitcoin rally. As Bitcoin (BTC) reached a record high of $89,995 on Monday, the cryptocurrency’s rapid ascent continued to fuel activity in the mining sector. Leading miners, including Hut 8 (NASDAQ:HUT), HIVE Digital (NASDAQ:HIVE), and MARA Holdings (NASDAQ:MARA), delivered quarterly results with…
The cryptocurrency market experienced a remarkable surge as Bitcoin (BTC) soared to a fresh all-time high, surpassing $93,000 amid a “Trump crypto rally.” This rally has been fueled by the renewed optimism in the crypto community following Donald Trump’s recent election victory. Alongside Bitcoin, Dogecoin (DOGE), the popular meme coin often associated with tech entrepreneur…
Popular cryptocurrency tax software provider has expanded its offerings to support tax reporting for UK crypto investors. AUSTIN, Nov. 12, 2024 /PRNewswire/ — CoinLedger, a leading tax reporting platform for cryptocurrency users, today announced its official expansion into the United Kingdom. Investors and cryptocurrency users in the UK can now use the platform to automate all…
NEW YORK and LONDON and SINGAPORE, Nov. 11, 2024 /PRNewswire/ — Taiko, Ethereum‘s first based rollup network, has just enabled multiple Zero-Knowledge (ZK) proofs powered by Succinct and RISC Zero. This enhanced multi-proof architecture, that currently includes SGX proofs, will help secure the network’s 5 million daily transactions. As ZK-tech is still early in its development, Taiko’s multi-proof approach…
Key development reinforces QCP Trading’s commitment to regulatory excellence in Singapore. SINGAPORE, Nov. 11, 2024 /CNW/ — QCP Trading Pte. Ltd. (“QCP Trading”), has received an In-Principle Approval (“IPA”) for a Major Payment Institution (“MPI”) License from the Monetary Authority of Singapore (“MAS”). The IPA represents an essential step toward full licensing, allowing QCP Trading…
SINGAPORE, Nov. 8, 2024 /PRNewswire/ — Alchemy Pay, a world-leading fiat-crypto payment solutions provider, is excited to announce that it has secured 4 additional U.S. Money Transmitter Licenses (MTLs) in Minnesota, Oklahoma, Oregon, and Wyoming. These new licenses bring Alchemy Pay’s total to 8 U.S. state licenses, following its earlier approvals in Arkansas, Iowa, New…
DUBAI, UAE, Nov. 8, 2024 /CNW/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, in partnership with Block Scholes, today released its latest post-election crypto derivatives analytics report. The report dives deep into the market behavior following the conclusion of the 2024 U.S. election, revealing a clear shift towards renewed bullishness and a strong…
In the aftermath of the 2024 election, the cryptocurrency industry has solidified itself as a key player in the U.S. political arena. With the GOP now controlling the presidency and the Senate, crypto PACs (Political Action Committees) have successfully backed candidates who support crypto regulation reform. The election results reveal a notable gap in the…