Bitcoin mining CEOs agree on $250k price target for 2028 halving
Bitcoin mining executives from top firms gathered at the HC Wainwright Bitcoin Mining Panel on Sept. 10 to discuss industry trends, challenges, and the future…
Category: Crypto Slate
US housing demand shoots up as population grows, influencing core inflation
Owners’ Equivalent Rent (OER), which makes up about 27% of the Consumer Price Index (CPI), increased by 0.49% in August 2024, the most significant rise…
FTX wallet linked to unstaked $23.75M in Solana, raising sell off concerns
A wallet linked to the bankrupt FTX exchange recently unstaked 177,693 SOL tokens, valued at $23.75 million, from Solana, according to on-chain data. Typically, tokens…
Bitcoin and Ethereum ETFs experience net outflows, led by $54 million in Ark
On September 11, Bitcoin ETFs experienced notable outflows, with total flows amounting to a net negative of $43.9 million. Ark’s ARKB ETF recorded the most…
US elections led to Bitcoin rallies regardless of winning party
Bitcoin’s price has exhibited an interesting pattern following the last two US Presidential elections. After Republican candidate Donald Trump won the presidency in 2016, Bitcoin’s…
Federal agencies team up to fight surge in ‘pig butchering’ crypto scams
The Commodity Futures Trading Commission (CFTC) has joined forces with federal and private organizations to combat the surge in crypto scams known as “pig butchering,”…
Swift unveils global infrastructure to streamline tokenized asset transfers
Swift announced a new initiative on Sept. 11 to streamline global transactions and enable its members to use their Swift connection for transactions involving both…
Cleanspark’s $27.5M expansion to boost Bitcoin mining power by 22%
CleanSpark is set to acquire seven Bitcoin mining sites in Tennessee, along with associated properties, for $27.5 million, according to a Sept. 11 statement. The…
Lawmakers to probe SEC over suspected political favoritism in staffing
Lawmakers have launched a joint investigation into the Securities and Exchange Commission (SEC), raising concerns that the agency may have engaged in politically motivated hiring…
UK Parliament proposes legislation to recognize digital assets as personal property
The Law Commission of the United Kingdom (UK) Parliament introduced the Property (Digital Assets, etc.) Bill on Sept. 11 to recognize digital holdings legally. The…