Mining
Month: March 2024
Market Analysis
Why Did NYCB Stock Collapse, Amid Bitcoin Price Surge?
After reportedly experiencing internal control issues, New York Community Bank (NYCB) stock has plunged over 20%, hitting its lowest point in 27 years. Amid NYCB stock decline, Bitcoin approaches its previous all-time highs. NYCB Declines, […]
Market Analysis
First-ever ICO on Bitcoin excels as Marathon Digital reveals new layer-2 network
Marathon Digital has unveiled two sidechains on Anduro, the new multi-chain layer-2 network on Bitcoin. Bitcoin Dogs ($0DOG), the first-ever BRC-20 ICO, has surpassed $5.4 million amid massive industry attention. $0DOG presale ends on March […]
Regulation
SEC in ‘Enforcement-Only Mode’ for Crypto, Commissioner Peirce Says at ETHDenver
Since joining the SEC in 2018, Peirce, a lawyer, has openly advocated for crypto in the face of skepticism from many of her colleagues, including current Chair Gary Gensler. While prefacing her remarks with a […]
Market Analysis
Why Did These Two Banks Start Offering Spot Bitcoin ETFs?
Two major banks, Bank of America’s Merrill Lynch and Wells Fargo & Co, are now reportedly offering spot Bitcoin exchange-traded funds (ETF) to their clients. The banks are reportedly offering the product to wealth management […]
Regulation
Report: Election Concerns Halt South Korea’s Crypto and ETF Regulation Ease
South Korea has delayed its efforts to relax its crypto regulations and the prohibition on spot bitcoin exchange-traded funds (ETFs). This development follows closely behind the People Power Party’s contemplation of removing certain regulations and […]
Ethereum
StarkWare Plans New ‘Stwo’ Cryptographic Prover for Cheaper Transactions
A prover is a key component for layer-2s, since they generate proofs that are then posted to the base layer blockchain – a crucial process in linking the networks and sharing the security. With a […]
Bitcoin
Bitcoin (BTC) Price Gained 45% in a Month. It Could Run Higher, Analysts Say
“We haven’t even begun to reach the heights this is likely to go.” Alex Thorn, head of firmwide research at Galaxy, said in a market analysis posted on X (formerly Twitter) Thursday. He argued that […]
Market Analysis
SEC opposes Terraform’s $166M Dentons retainer amid legal battle
SEC legal battle with Terraform Labs over TerraUSD collapse continues to unfold. Funds allegedly diverted from investors and creditors to an “opaque slush fund” for lawyers. Terraform Labs faces intensified scrutiny as the SEC challenges […]