Crypto News
U.S.-Listed Bitcoin Miners’ Share of Network Hashrate Hit Record High in June: JPMorgan
The total hashrate of the 13 U.S.-listed bitcoin BTC miners tracked by JPMorgan (JPM) now accounts for around 31.5% of the global network, the highest level on record, the bank said in a research report on Monday.These miners added 11 exahashes per second (EH/s) of capacity since April, led by CleanSpark (CLSK), Hive Technologies (HIVE) and Riot Platforms (RIOT), the report said.The hashrate refers to the total combined computational power used to mine and process transactions on a proof-of-work blockchain, and is a proxy for competition in the industry and mining difficulty. The miners' aggregate hashrate has risen 99% year-on-year versus a 55% y/y increase in the network hashrate.The network hashrate fell about 10 EH/s to an average of 890...
Trump Media Files to Launch Truth Social Bitcoin and Ethereum ETF
President Trump's company plans to launch a joint Bitcoin and Ethereum ETF under the Truth Social name, following a solo Bitcoin ETF filing.Source link
Trump-Tied Company Files for Dual Bitcoin and Ethereum ETF Product
Trump Media & Technology Group (TMTG), parent company of Truth Social, has partnered with investment firm Yorkville America Digital to file for a spot bitcoin and ethereum exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). Truth Social Owner Seeks Approval for 3:1 Bitcoin-Ethereum ETF The “Truth Social Bitcoin and Ethereum ETF, B.T.”Source link
Crypto Exchange WhiteBIT’s Token Jumps 30% Over Juventus Partnership
The price of cryptocurrency exchange WhiteBIT’s token, WhiteBIT Coin WBT, climbed more than 30% in the last 24 hours after the exchange announced a high-profile partnership with Italian football club Juventus.Under a new three-year deal, WhiteBIT became the “official cryptocurrency exchange” and “official sleeve partner” of Juventus, according to a press release.Starting with the FIFA Club World Cup in 2025, the exchange’s logo will be featured on the right sleeve of the club’s Men’s First Team jersey.The exchange described the agreement as a strategic collaboration focused on digital innovation and fan engagement. The price of its token surged shortly after the announcement was revealed.It’s worth noting that leading stablecoin issuer Tether has recently expanded its stake in Juventus to over...
Coinbase, Gemini Angling for MiCA Licenses in Malta and Luxembourg: Reuters
Major crypto exchanges Gemini and Coinbase near EU-wide licenses, sparking regulatory concerns about standards and "race to the bottom."Source link