Crypto News
Bitcoin Price Keeps Its $50,000 Foothold, Putting Virtually Everyone In the Money
The Bitcoin market cap is roughly three times the size of Ethereum's—a distinction BTC only recently re-established in October 2023.Source link
Ethiopia’s Affordable Hydropower and Adoption of Crypto Mining Attracts Chinese Bitcoin Miners
The Ethiopian state electricity company has reportedly signed power supply agreements with 21 mainly Chinese bitcoin miners. The African country’s pursuit of foreign exchange has seemingly taken precedence over the concerns often raised by climate change advocates. Ethiopia Set to Become the Preferred Destination for Chinese Bitcoin Miners Ethiopia’s state power company has entered intoSource link
The Rescheduling of Changpeng ‘CZ’ Zhao’s Sentencing Reflects Legal Complexities and Implications
Changpeng "CZ" Zhao, founder of Binance, faces a legal hurdle as his money laundering charges are postponed to April 30. The case highlights the ongoing struggle between cryptocurrency entities and regulatory bodies, raising questions about digital asset future. (Read More)Source link
Bitso Reveals Latam Is Bitcoin Territory With a Stablecoin Frenzy in Argentina
Bitso, a Mexico-based cryptocurrency exchange with a presence in several countries of Latin America, has revealed the trends that its user base followed during 2023. Bitso Argentina CEO Julian Colombo disclosed that while Bitcoin was still the most popular cryptocurrency in the region, Argentines held over five times more stablecoins than the rest of Latam,Source link
Bitcoin Traders Scoop Up Options Bets At $65K And Higher
The bullish flow is reminiscent of the 2020-2021 bull market when traders consistently snapped up bitcoin calls at levels well above the going market rate.Source link