Author Archives: pdgweb

China remains a major player in the Bitcoin mining industry despite imposing a blanket ban on cryptocurrencies in 2021 Read More at https://cointelegraph.com/news/chinese-bitcoin-miners-control-55-of-network?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

In the wake of Friend.tech’s collapse, Cointelegraph spoke with industry leaders to find out what went wrong and what comes next. Read More at https://cointelegraph.com/news/friendtech-failure-socialfi-success-adoption?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin reached a new all-time high of $73,880 in USD terms earlier in 2024, but toppling it by 2025 does not take it above 2021’s inflation-adjusted value. Read More at https://cointelegraph.com/news/bitcoin-new-price-target-80k-all-time-high?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

BlackRock and ETFs have saved “BTC’s price from the abyss repeatedly,” according to Bloomberg’s senior ETF analyst. Read More at https://cointelegraph.com/news/blackrock-bitcoin-etf-amendment-coinbase?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

MyTonWallet said that it would support TRX, USDT and other crypto assets using the TRC-20 token standard.  Read More at https://cointelegraph.com/news/mytonwallet-supports-tron-digital-assets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Lawyer Dina Blikshteyn explains that many of the AI-related bills being drafted and passed in California may have good intentions but could burden small developers.  Read More at https://cointelegraph.com/news/ai-bills-positive-intent-potentially-burdensome?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Hong Kong emerged as the fastest-growing Eastern Asian country in terms of global crypto adoption, with 40% of the region’s value received in stablecoins. Read More at https://cointelegraph.com/news/stablecoins-crypto-threatening-fiat-money-dominance-eastern-asia?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Digital asset investment products posted a second consecutive week of inflows last week, totaling $321 million, CoinShares reported. Read More at https://cointelegraph.com/news/crypto-321-million-inflows-fed-50-bp-rate-cut?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The latest 10x Research report examines macroeconomic factors and seasonal patterns hinting at a Bitcoin rally while cautioning investors on potential risks. Read More at https://cointelegraph.com/news/bitcoin-significant-rally-2024-10x-research?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The Hemi Network team claims tunneling allows Bitcoin and Ethereum to coexist without the attack vectors associated with cross-chain bridges.  Read More at https://cointelegraph.com/news/hemi-network-tunneling-connects-bitcoin-ethereum-secure-cross-chain?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound