Tag: News

Bitcoin Miner Squeeze Coming: Difficulty To Rise 5% To New ATH

On-chain data shows the Bitcoin Difficulty is headed for a 5% increase on Saturday, which would make BTC mining the toughest it’s ever been. Bitcoin Difficulty Set To Rise In Response To Hashrate Recovery The “Difficulty” refers to a metric that keeps track of how hard the miners would...
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Here’s why crypto stocks COIN, MARA, MSTR beat S&P 500 index

Top crypto stocks performed better than the broader stock market this week, helped by relatively stable cryptocurrency prices. After President Donald Trump unveiled new tariffs on April 2, the stock market experienced two days of turmoil. By Friday evening: Since…...
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Illinois Lawmaker’s Crypto Bill Aims To Tighten Regulations And Address Fraud

Illinois Senate has advanced a bill to establish comprehensive regulations for crypto businesses operating in the state and address concerns about digital assets-related fraud cases, which saw over $160 million in losses in 2023. Illinois Advances Crypto Consumer Protection Bill On Thursday, Illinois’ Senate Executive Committee passed Senate Bill...
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What Bull Run? Ethereum (ETH) Posted 4 Straight Months of Losses

The predominant belief is that the cryptocurrency market is in a bull market state that started somewhere around the US elections. Although the past few months didn’t go all that well for most cryptocurrencies, many analysts believe this is just a traditional correction in the broader bull cycle. But...
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Smart money still hunting for memecoins despite end of ‘supercycle’

The most successful cryptocurrency traders are still chasing quick profits in memecoins, despite signs that the broader “supercycle” for the speculative assets may be winding down. The shift follows recent disappointment tied to memecoin launches associated with US President Donald Trump. The industry’s most successful cryptocurrency traders by returns...
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Why OFAC Delisted Tornado Cash

Last month, the U.S. Treasury Department’s Office of Foreign Asset Control delisted Tornado Cash from its sanctions list, months after an appeals court ruled that the watchdog could not designate the mixer’s smart contracts. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and...
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