Cryptocurrency News Archives

Cryptocurrency News

Bitbank Ventures: Japan’s Crypto Giant Expands Horizons

Bitbank Ventures, a worldwide investment arm of the Japanese cryptocurrency exchange Bitbank, is dedicated to locally and internationally promoting blockchain and cryptocurrency initiatives. By using its vast expertise in the cryptocurrency industry, Bitbank hopes to advance cutting-edge technology and assist creative ventures that combine digital assets, blockchain, and artificial intelligence (AI). This action demonstrates Bitbank’s […]

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Ripple’s Leadership in Digital Finance: CEO Brad Garlinghouse Acknowledged in WEF Report

With the recent World Economic Forum (WEF) report recognising its CEO, Brad Garlinghouse, Ripple, a pioneer in blockchain technology and digital money, has reached a new milestone. With this recognition, Garlinghouse joins a select group of world leaders influencing the direction of digital assets and legal systems. His appointment to the Steering Committee demonstrates both […]

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ENS Pioneers Next Chapter with ‘Namechain’

One of Ethereum’s most essential identification layers, the Ethereum Name Service (ENS), is growing its influence by creating its own Layer-2 blockchain, dubbed “Namechain.” Namechain is scheduled to launch at the end of 2025 and will employ zero-knowledge (ZK) rollup technology to boost the ENS ecosystem’s scalability and cost-effectiveness. The initiative’s team, ENS Labs, wants […]

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Green Bitcoin: Deutsche Telekom and Bankhaus Metzler Pilot Renewable Mining

Bankhaus Metzler and MMS, a subsidiary of Deutsche Telekom, are testing a Bitcoin mining operation that uses excess renewable energy. The goal of this pilot project is to use the extra electricity produced by renewable energy sources, such as wind and solar, which are frequently left unused because of grid constraints and a lack of […]

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Unpacking Ripple’s Record XRP Release: Implications and Market Reactions

On November 1, 2024, Ripple, a significant participant in the cryptocurrency space, made an unprecedented financial move by releasing 470 million XRP coins. This calculated action is Ripple’s most important release in seven years and has caused a big stir among its stakeholders and the cryptocurrency market. During increased regulatory scrutiny and market uncertainty, such […]

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Metaplanet’s Strategic Bitcoin Accumulation

Metaplanet has added another $10 million to its Bitcoin portfolio in a calculated move that further reinforces its position as a critical participant in the cryptocurrency industry. With this most recent acquisition, Metaplanet has over 1,000 Bitcoin under control, a significant turning point in the company’s investing history. It demonstrates its dedication to incorporating Bitcoin […]

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HKEX Debuts Digital Asset Index Amid Regulatory Expansion in Hong Kong

In a step towards incorporating cryptocurrency benchmarks into its trading environment, Hong Kong Exchanges and Clearing (HKEX) recently introduced a groundbreaking digital asset index series. To increase the number of licenses for digital asset exchanges, the Hong Kong Securities and Futures Commission (SFC) is simultaneously strengthening regulatory frameworks with this program. This series seeks to […]

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Bank of India Governor Advocates for CBDCs over Cryptocurrencies

India confirmed its leadership in the worldwide adoption of cryptocurrencies in 2024, but it is still one of the countries with the strictest laws against them. At the G30 International Banking Seminar, Shaktikanta Das, the governor of the Reserve Bank of India, voiced severe concerns despite this rising popularity. He suggested a shift to […]

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Scroll’s SCR Token Launch Underwhelms Community Expectations

The introduction of Scroll’s native coin, SCR aims to issue 55 million tokens or 5.5% of its entire supply, anticipated to mark a milestone for Scroll. Despite the early enthusiasm and high hopes, the community’s response could have been more positive, as many expressed discontent with the allocation procedure, which they felt did not live […]

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Ethereum’s Surge & Growing Investor Confidence and Market Impact

The amount of ETH stored in accumulation addresses has increased to above 19 million, marking a significant milestone for the Ethereum network. With analytics suggesting a strong rebound in retail demand reminiscent of peak market circumstances, this notable 65% increase since the beginning of 2024 underscores a change in market mood. Such a spike solidifies […]

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Ethereum Classic’s Potential Rally Before October’s Close

The cryptocurrency market is paying close attention to Ethereum Classic (ETC) because of its growing positive momentum. A spike in social activity and increasing interest from prominent investors, or “whales,” might upend the current situation despite a robust negative trend with more than half of the market in short positions. The scenario is set for […]

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India Blockchain Week 2024: Pioneering Global-Local Web3 Synergies

In Bangalore, the epicentre of Indian technological innovation, India Blockchain Week 2024 (IBW 2024) is set to return with its much-awaited series from November 30 to December 8. IBW 2024, India’s leading blockchain technology event, is expected to bring together local tech innovators and global Web3 influencers to foster significant partnerships and accelerate the adoption […]

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