Compass Mining has initiated operations at the first phase of its self-owned bitcoin mining facility in Iowa, the company announced on Tuesday. Compass Mining Powers Up First Phase of 30 MW Iowa Project The initial 8-megawatt (MW) phase of the 30 MW project is now online, with construction on remaining capacity set to begin in […]
Read MoreCategory: cryptocurency
Regulatory Delay Hits Franklin Templeton’s XRP ETF Listing Bid
The U.S. Securities and Exchange Commission (SEC) has delayed a decision on whether to approve the listing of Franklin Templeton’s proposed exchange-traded fund (ETF) tied to XRP, extending its review period by 45 days. SEC Takes Additional 45 Days to Assess Franklin XRP Fund Filing The SEC announced Tuesday it will defer its ruling on […]
Read MoreProsecutors Seek 20-Year Sentence for Ex-Celsius CEO in Multi-Million-Dollar Fraud Case
Federal prosecutors have asked a judge to sentence former Celsius Network CEO Alex Mashinsky to at least 20 years in prison for orchestrating a multiyear fraud that caused over $550 million in losses to cryptocurrency investors. Mashinsky’s $48M Gain from Celsius Collapse Demands 20 Years, Prosecutors Say In a sentencing memorandum filed April 28, the […]
Read MoreMarkets Waver as US Treasury Chief Talks Tough on China Trade Risks
U.S. Treasury Secretary Scott Bessent, the 79th Secretary of the Treasury, addressed trade tensions with China during a White House press conference, emphasizing that Beijing faces severe economic consequences if tariffs remain high. ‘Certainty Not Necessarily Good’: Bessent Defends Strategy Amid Stock Market Stall Amid efforts to highlight President Trump’s policy achievements during his second […]
Read MoreBTC Holds Firm at $95K as Bitcoin ETFs Gain Ground on Gold ETFs
Research from Standard Chartered Bank shows a marked exodus from spot gold exchange-traded funds (ETFs) to bitcoin ETFs. Gold vs. Bitcoin: ETFs Show Shifting Investor Sentiment as BTC Holds $95K London-based Standard Chartered Bank published research on Tuesday showing a migration of investor capital from spot gold ETFs to bitcoin ETFs, as the cryptocurrency held […]
Read MoreP2P.org Joins TRON Network as Newest Super Representative
This content is provided by a sponsor. PRESS RELEASE. George Town, Grand Cayman, Cayman Islands – April 29, 2025 – P2P.org, a leading validation and staking provider across multiple blockchain networks, has been officially elected as a TRON Super Representative (SR), supporting TRON’s mission to decentralize the internet through blockchain technology. This strategic integration strengthens […]
Read MoreXRP Price Watch: Traders Brace for Breakout as Volume Patterns Shift
XRP traded at $2.29 on April 29, 2025, with a market capitalization of $133 billion and a 24-hour trading volume reaching $2.82 billion. Over the past 24 hours, XRP moved within an intraday price range of $2.26 to $2.31, suggesting a phase of minor volatility amid broader consolidation patterns. XRP On the 1-hour chart, XRP […]
Read MoreTangem Announces Self-Custodial Visa Card Using Cold Wallet Chip
Swiss-based fintech company Tangem aims to launch Tangem Pay in 2025, a Visa card embedded with a cold wallet chip that enables self-custodial crypto spending without intermediaries. Tangem Pay Targets Crypto Users Seeking Direct Spending Control Tangem, a Zug-based hardware wallet manufacturer, announced the product at Paris Blockchain Week. According to the firm, the card […]
Read MoreZDKL, a Coin Reinventing Global Payments, Becomes a Platinum Sponsor for Canada’s Largest Web3 Conference
This content is provided by a sponsor. PRESS RELEASE. TORONTO, ON, April 28, 2025 – ZDKL Coin is thrilled to announce its role as a Platinum Sponsor for Canada’s largest Web3 conference, the 7th Annual Blockchain Futurist Conference, taking place from May 11-17, 2025, in Toronto, Canada. A leading project from Canadian founders, Zadkiel (ZDKL) […]
Read MoreBitcoin ETFs Extend Inflow Streak to Seven Days With $591 Million Boost
Bitcoin ETFs notched their seventh consecutive day of inflows, driven by Blackrock’s massive $971 million addition, despite sizable withdrawals from ARKB and FBTC. Ether ETFs also held firm, posting a third day of gains with $64 million in net inflows. Blackrock Powers Inflow Into Bitcoin ETFs as Ether ETFs Hold Momentum With Third Day of […]
Read More