Cryptocurrency news
Bitcoin fees top Ethereum for 3 days in a row as halving approaches
Transaction fees will play an important role in keeping Bitcoin miners afloat after the halving as the subsidy for mining a block is set to fall from 6.25 BTC to 3.125 BTC. Fees on Bitcoin have surpassed Ethereum for three consecutive days as miners and traders prepare for the u...
Former Ethereum dev Virgil Griffith asks for resentencing in North Korea case
Griffith’s attorneys are asking for a sentence reduction from 63 months to 51 months or less. Former Ethereum developer Virgil Griffith, who was handed a 63-month prison term in 2022 for assisting North Korea in using blockchain technology, has requested a sentence reduction. ...
Why Bitcoin ETFs with ‘zero flows’ don’t mean what you think
Over 2,000 United States ETFs see no inflows on any given day — something thats “very normal,” says ETF analyst James Seyffart. Bitcoin BTC $64,423 exchange-traded funds (ETFs) having days of zero inflows is completely normal and shouldn’t be misinterpreted as a failure of the...
Bored Ape NFT floor price hits lowest point in over two and a half years
The Bored Ape Yacht Club collection’s floor price is currently at 11.1 ETH, down 90% from its peak during the roaring NFT bull market. The floor price of Bored Ape Yacht Club (BAYC) nonfungible tokens has fallen over 90% from its peak, down to 11.1 Ether (ETH) — its lowest point...
Bitcoin miners could dump $5B in BTC after halving: 10x Research
Bitcoin miner selling could last for four to six months after the halving, amounting to as much as $5 billion worth, according to an analyst. There could be a large outflow of Bitcoin BTC $64,883 from miners in the months following the halving as in previous cycles, according t...
Ethereum price weakens against Bitcoin — Here’s why
Ethereum price stagnates in its ETH and BTC pair as investors’ expectations for a spot ETH ETF dwindle.Ether ETH $3,553 had been rallying since the beginning of the new year but began tapering off in mid-March. The altcoin has trailed Bitcoin BTC $71,230 since Jan. 1, gaining r...
Unharmonized regulation threatens stablecoin usability — BIS report
Uniform requirements are needed to integrate stablecoins into the international financial system. The Bank for International Settlements (BIS) has found that despite their promise, the use of stablecoins is hindered by international regulatory fragmentation, in a survey of 11 ju...
Australia's securities regulator appeals loss in Finder Wallet case
ASIC argues a federal court judge “erred” in finding that Finder Earn was not a “debenture” — and thus compliant with Australian financial rules. The Australian Securities and Investments Commission (ASIC) has filed to appeal its court loss against Finder Wallet, a sister compan...
Paraguay to reconsider Bitcoin mining ban, mulls selling energy to miners
Paraguay’s lawmakers have proposed an alternative to a controversial Bitcoin mining blanket ban and are set to debate the topic later this month. Paraguayan senators have halted progress on the proposed cryptocurrency mining ban introduced last week, with officials now consideri...
What are generative art NFTs?
Understanding generative art NFTs Generative art NFTs are digital artworks created using algorithms and minted as unique tokens on the blockchain. Generative art, created via autonomous systems, generates unique pieces of art by following a set of programmed rules or instructio...