Miners’ record profits don’t warrant stock purchases. The first quarter of 2024 has proven to be phenomenal in terms of earnings for several public miners. For instance, Riot Platforms reported a record... Read more »
In this week’s crypto Africa news round-up, is Kenya the next crypto mining hub on the continent? What’s next for Binance as Nigeria adjourns case against executives, and as South African crypto... Read more »
Share this article Kenya’s President William Ruto has appointed Marathon Digital, a prominent US Bitcoin mining firm, to provide consultancy services on the nation’s crypto policies and the energy requirements associated with... Read more »
Marathon Digital, the world’s largest Bitcoin (BTC) miner by market cap, saw its shares rise 18% after it was confirmed to be joining the S&P SmallCap 600 index fund. The S&P Dow... Read more »
London, UK, April 24, 2024 (GLOBE NEWSWIRE) — Over the years, cryptocurrency mining has surged in popularity, but it often demands extensive and costly computer setups that consume significant amounts of electricity... Read more »
Table of Contents The US Internal Revenue Service (IRS) has unveiled the early draft of a tax form for reporting income from cryptocurrency transactions. The newly released Form 1099-DA, tagged as “Digital... Read more »
What Is ‘Halving’ and What It Means for Bitcoin Miners? Know Everything Here (image source: Canva) Halving occurs once every four years, and holds immense importance as a key event shaping the... Read more »
The chief executive of one of Hong Kong’s two licensed cryptocurrency exchanges has hit out at the city’s new approach to trading digital assets, saying it could restrict access to global clients.... Read more »
Mike Novogratz’s crypto conglomerate Galaxy Digital is reportedly in the starting stages of raising a $100 million venture fund targeting early-stage crypto startups, with most of the cash set to come from... Read more »
The crypto market is currently in another bull cycle. Bitcoin recently hit an all-time high price of $73,800. There are also hundreds of meme coins booming and busting in quick succession. Of... Read more »