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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...

Elon Musk Supports Bitcoin-Friendly U.S. Presidential Candidate

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Elon Musk, the owner of X (formerly known as Twitter), is known to have a fundamental interest in both politics and cryptocurrencies. This time,...

SEC’s Probability of Approving Ethereum Futures ETF Applications is Increasing

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The Wall Street Journal reported, citing knowledgeable sources, that the United States Securities and Exchange Commission (SEC) is likely to approve multiple simultaneous applications for Ethereum futures...
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...

Elon Musk’s Spacex Writes Down Bitcoin Worth $373 Million

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Spacex reportedly wrote down the value of its bitcoin holdings by $373 million over the past two years and sold an undisclosed amount of...

Ethereum Developers Announce New Testnet Holesky Will Launch Next Month: Here’s...

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Ethereum (ETH) is preparing to launch a new testnet called Holesky next month. Ethereum developers held a Zoom meeting yesterday on the subject and announced...