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Spenser Reed

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A mysterious Bitcoin wallet has surged up the ranks to become the third-largest holder of Bitcoin in the world in just over three months, with the timing sparking some wild theories about its owner.

Mysterious Bitcoin wallet becomes 3rd largest BTC holder in 3 months

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An unknown wallet has accrued more than $3 billion worth of Bitcoin in the last three months, sparking a wave of theories about the...
The United States Securities and Exchange Commission (SEC) is likely to approve multiple applications for Ether futures exchange-traded funds (ETFs) at the same time, the Wall Street Journal reported, citing sources familiar with the matter.

Ether Futures ETFs could all get approval at same time

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At least 16 applications for Ether or Bitcoin-Ether futures ETFs are awaiting regulatory approval in the United States. The United States Securities and Exchange Commission...
There is a significant worldwide contrast in household electricity expenses for individual Bitcoin miners.

Mining 1 BTC in Lebanon is 783x cheaper than Italy

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According to the report, Europe is home to nine out of the ten least profitable countries for Bitcoin mining, based on household electricity costs. There...
It’s been another week of mixed developments in the crypto industry, with established players winding down operations while newcomers introduce new crypto features and services.

Binance Connect goes dark, Prime Trust is bust and PayPal unveils...

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This week’s Crypto Biz explores the Binance Connect shutdown, BitGo’s funding round, the PayPal Crypto Hub and other news. It’s been another week of mixed...
Price trends across the cryptocurrency market remained in a downtrend on Aug. 19 as the total market capitalization tries to stay above $1 trillion.

Why is the crypto market down today?

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The worst week for the cryptocurrency market since November 2022 is coming to an end as its capitalization attempts to stay above $1 trillion. Price...
Derivatives marketplace CME Group is launching Bitcoin BTC tickers down $26,508 and Ether ETH tickers down $1,687 reference rates for the Asia Pacific region, in another sign of growing institutional interest in crypto from Asia.

CME Group to launch BTC, ETH reference rates aimed at Asia’s...

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CME reported nearly half of its crypto volume year to date came from non-U.S. trading hours and around 11% from the Asia Pacific region. Derivatives...
Google introduced a series of enhancements to its search engine on Aug. 15, incorporating advanced generative artificial intelligence (AI) features it says will enhance online information discovery and comprehension.

Google upgrades search engine with AI-powered enhancements

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Google said that generative AI streamlines search functions, enabling individuals to discover novel perspectives and insights more effortlessly. Google introduced a series of enhancements to...