Bitcoin mining showed strong growth in 2024 despite halving: report

2024 saw Bitcoin mining achieve notable achievements as per the recent analysis by H.C. Wainwright’s analysts Mike Colonnese and Dylan Scales. Bitcoin (BTC) experienced a remarkable 121% increase compared to last year, ending the year at approximately $93,390. It outperformed all other asset classes. The primary factors contributing to this surge were the introduction of … Read more

Pompliano urges Trump: Bitcoin is ‘good for the U.S. economy over the long run’

Renowned Bitcoin proponent and investor, Anthony Pompliano, has shared three recommendations for President-elect Donald Trump to assist him in becoming the “Bitcoin pioneer” or “first Bitcoin president. Renowned Bitcoin supporter and investor, Anthony Pompliano, provided three suggestions to President-elect Donald Trump with the aim of making him the “first Bitcoin-savvy president. 1. Repeal SAB 121 … Read more

Huione, company behind largest illicit online marketplace, launches stablecoin: report

The Huione Group, a Cambodian business entity associated with the biggest illegal online marketplace, recently introduced their own stablecoin, known as USDH. As a crypto investor, I’ve just learned some intriguing news from an Elliptic report. This revelation emerges even amidst the continuous examination of their subsidiary, Huione Guarantee. Interestingly, this is a Telegram-based platform … Read more

Ripple leadership blasts SEC after filing appeal

As a crypto investor, I’ve been closely following the ongoing dispute between Ripple executives and the U.S. Securities and Exchange Commission. The recent tactics and strategies of the SEC have drawn criticism from Ripple, especially with the surge in trading activity for their XRP token. Brad Garlinghouse, CEO of Ripple, has voiced his criticism towards … Read more

U.K. Central Bank opens Digital Pound Labs for CBDC test

As a forward-thinking crypto investor, I’m excited to learn that the Bank of England is planning to create a testing ground, or a ‘sandbox’, for exploring the possibility of introducing a central bank digital currency, also known as a digital pound. This could be a significant step in the evolution of our financial landscape. On … Read more