The Avalanche blockchain surpassed one million daily transactions twice in the span of a week, which is the first time the network hit this milestone since February 2024. Avalanche transactions topped the mark on June 1 and again on June 7. Total transactions for the week beginning June 2 reached 5.8 million, also the highest…
Rampant electricity theft by illegal miners, inconsistent policies and a lack of legal clarity may deter Malaysia from tapping the potential of cryptocurrency mining, according to an industry report released by the Access Blockchain Association of Malaysia. The report predicts that Malaysia’s crypto mining market will grow 110.2% in 2025 — from $2.44 billion to…
Rampant electricity theft by illegal miners, inconsistent policies and a lack of legal clarity may deter Malaysia from tapping the potential of cryptocurrency mining, according to an industry report released by the Access Blockchain Association of Malaysia. The report predicts that Malaysia’s crypto mining market will grow 110.2% in 2025 — from $2.44 billion to…
Paris-based cryptocurrency company The Blockchain Group plans to raise over $340 million for its Bitcoin treasury, signaling continued institutional adoption of crypto in Europe. The Blockchain Group, which claims to be Europe’s first Bitcoin (BTC) treasury company, plans to raise 300 million euros ($342 million) to fund more BTC purchases, according to a Monday news…
Paris-based cryptocurrency firm The Blockchain Group plans to raise over $340 million worth of capital for its Bitcoin treasury, signaling continued institutional adoption of crypto in Europe. The Blockchain Group, which claims to be Europe’s first Bitcoin (BTC) treasury company, plans to raise 300 million euros, or around $342 million, to fund more BTC purchases,…
Bitcoin bull Michael Saylor has downplayed concerns over quantum computing’s impact on Bitcoin, calling it a marketing ploy to pump quantum-branded tokens. “It’s mainly marketing from people that want to sell you the next quantum yo-yo token,” Strategy’s executive chairman said in a June 6 interview on CNBC’s “Squawk Box.” Quantum computing’s potential impact on…
Bitcoin (BTC) heads into another heavy macro week with bulls hoping that the $100,000 support retest is done. BTC price action offers some hope at the weekly close, with predictions of a return to all-time highs intact. Liquidity grabs remain a focus, and could compound a deeper correction if $100,000 fails. CPI and PPI are…
Japanese investment company Metaplanet’s shares spiked on market opening after announcing its plan to raise $5.4 billion to buy Bitcoin last week. Metaplanet’s stock (3350T) shot up over 12% in the June 9 trading session, trading at 1,505 yen ($10.42), according to Google Finance. However, at its peak of the trading session so far, Metaplanet’s…
It may not be long before Americans see the first active memecoin-focused exchange-traded funds, according to a Bloomberg ETF analyst. There is a “really good chance” that an ETF that actively trades memecoins will exist at some point, said Bloomberg ETF analyst Eric Balchunas in an X post on June 7. “First, we’ll get a…
Argentine President Javier Milei didn’t breach any of his presidential duties when he promoted the Libra memecoin, the country’s Anti-Corruption Office said in a recent decision. In a June 5 resolution, the Anti-Corruption Office said Milei was acting in a personal capacity when he endorsed the Libra (LIBRA) token in a Feb. 14 X post,…