Crypto News
Crypto Crossroads in Argentina: Legislative Elections Might Define Industry’s Future
Different views on crypto are being shuffled in Argentina, as the legislative elections will determine the Congress that will define the industry’s path. Argentina to Define Its Crypto Path in Upcoming Legislative Elections Argentina is nearing a crossroads that could define its crypto legislation in the future. The legislative elections, set to take place thisSource link
Bitcoin Difficulty Hits All-Time High, Adjusts Positively for 8th Consecutive Time
New records continue to be set in the bitcoin (BTC) ecosystem, which has seen the mining difficulty adjustment rise to a new all-time high of 110.45T (trillion). 110.45 trillion means that the difficulty is approximately 110.45 trillion times harder than it was at the time of Bitcoin's genesis block.The difficulty adjustment adjusts every 2,016 blocks and recalibrates to ensure blocks are mined on average every 10 minutes.This is now the eighth consecutive positive adjustment in difficulty, which puts further pressure on miners as the industry becomes more cutthroat and harder to mine a block to receive bitcoin rewards. This is one of the reasons why some of the publicly traded miners have pivoted into the high-performance computing (HPC) and artificial...
BingX Expands DeFi Access With Exclusive Launchpad for SOLV Token
PRESS RELEASE. PANAMA CITY, January 13, 2025 – BingX, a global leading cryptocurrency exchange, has announced the launch of SOLV token from Solv Protocol on BingX Launchpad. The subscription for the SOLV token will officially open on January 16, 2025, and the token will be listed on the BingX spot market at 18:00 (GMT+8) onSource link
Bitcoin Under Pressure as Goldman Trims Fed Rate Cut Expectations, BofA Sees Potential Hike After Blowout...
Bitcoin (BTC) started the new week on a negative note as major investment banks reassessed their expectations for Federal Reserve (Fed) rate cuts following Friday's strong jobs report.The leading cryptocurrency by market value dipped below $93,000 during the European hours, representing a 1.6% drop on the day, according to data source CoinDesk. Prices looked set to test the support zone near $92,000, which has consistently acted as a floor since late November. The CoinDesk 20 Index, a broader market gauge, was down over 3%, with major coins like XRP, ADA, and DOGE posting bigger losses.In traditional markets, futures tied to the S&P 500 traded 0.3% lower, pointing to an extension of Friday's 1.5% drop that pushed the index to the...
2025 Could be a Big Year for Crypto ETFs: Laser Digital
2025 could be a big year for cryptocurrency exchange-traded funds (ETFs), according to Laser Digital, the digital asset subsidiary of financial services giant Nomura.More than twelve crypto ETFs could be launched in the U.S. this year, if approved by the Securities and Exchange Commission (SEC), Laser Digital said in a report last week.Asset managers have submitted 12 filings to the SEC to date, the report noted, and potential products include a ProShares ETF that denominates the S&P 500's return in bitcoin, a combined bitcoin/ether ETF, and litecoin, XRP and Solana based products.Laser Digital said a bitcoin/ether ETF is likely to get approval first.The launch of spot bitcoin ETFs in the U.S. in January last year was a resounding success. Blackrock's...