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XRP Ledger ‘Self-Healed’ After Brief Downtime

By admin February 5, 2025FinanceNo Comments

The XRP Ledger (XRPL) was briefly unavailable early Wednesday as a consensus mechanism design led to a temporary halt in network operations.The incident began when the network's consensus process appeared…

Bitcoin (BTC) Network Hashrate Growth Was Muted in January, JPMorgan (JPM) Says

By admin February 5, 2025FinanceNo Comments

The Bitcoin network hashrate, a proxy for competition in the industry and mining difficulty, rose slightly in January, Wall Street bank JPMorgan (JPM) said in a research report on Monday.The…

Ondo Finance Unveils New RWA Tokenization Platform to Bring Stocks, Bonds and ETFs Onchain

By admin February 5, 2025FinanceNo Comments

Ondo Finance, a leading tokenized real-world asset (RWA) issuer, has unveiled a new offering to accelerate the onboarding of traditional assets to blockchain technology.Ondo on Tuesday introduced Ondo Global Markets…

Bitcoin Technology Firm Blockstream Expands in Asia With New Tokyo Office

By admin February 5, 2025FinanceNo Comments

Blockstream, the crypto company co-founded by legendary bitcoin (BTC) developer Adam Back, is expanding its global presence with the opening of a new office in Tokyo, the company said in…

Stocks Remain the Most Correlated Macro Asset to Crypto, Citi (C) Says

By admin February 5, 2025FinanceNo Comments

The relationship between stocks and crypto markets is likely to weaken in the future, Wall Street bank Citi (C) said in a research report Monday.While equities have been and remain…

3 Worrying Developments for BTC Bulls That Suggest a Downside Break of $90K-$110K

By admin February 5, 2025FinanceNo Comments

Since early 2023, Bitcoin (BTC) has chalked out a classic stairstep bull run, characterized by incremental price increases followed by periods of consolidation that set the stage for the next…

Bitdeer Buys 101 MW Gas Power Plant in Alberta, Canada for Bitcoin Mining

By admin February 5, 2025FinanceNo Comments

Bitcoin (BTC) mining company Bitdeer announced today that it had acquired a 101-MW gas-fired power plant near Fox Creek, Alberta, to build a "vertically integrated" BTC mining operation.“We are really…

Bitcoin Price (BTC) Tumbles Below $97K as Rally Fails

By admin February 4, 2025FinanceNo Comments

The rally in bitcoin (BTC) and crypto from the weekend's tariff-induced panic has proven to be a short-lived one.Late in the U.S. trading day, bitcoin was down 4.8% over the…

Regulation By Enforcement Is Out at CFTC, Acting Chair Pham Says

By admin February 4, 2025FinanceNo Comments

U.S. Commodity Futures Trading Commission (CFTC) Acting Chair Caroline Pham said Tuesday the regulatory agency has reorganized its enforcement division to “refocus” on fraud and “stop regulation by enforcement.”Under former…

SEC Commissioner Hester Peirce Lays Out 10 Priorities for New Crypto Task Force

By admin February 4, 2025FinanceNo Comments

The U.S. Securities and Exchange Commission’s (SEC) newly-created Crypto Task Force is working to create long-awaited regulatory clarity for the crypto industry, according to a Tuesday statement from Commissioner Hester…