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Kraken Hires Gemini Executive Blair Halliday As UK’s Managing Director

Kraken Hires Gemini Executive Blair Halliday As UK’s Managing Director

Halliday comes with solid experience that will help empower digital transformation at Kraken.

Federal Reserve's 2024 Interest Rate Pause: A Boost for Cryptocurrencies and Stocks

Federal Reserve's 2024 Interest Rate Pause: A Boost for Cryptocurrencies and Stocks

The US Federal Reserve's decision to pause interest rates in 2024 signals a positive shift for cryptocurrencies and stocks, with significant gains in the market and a rally in the S&P 500.

Ripple Whale Moves 40 Million XRP to Bitstamp Crypto Exchange After Being Dormant for Years

Ripple Whale Moves 40 Million XRP to Bitstamp Crypto Exchange After Being Dormant for Years

Blockchain analytics picked up an unusual Ripple transfer of 40 million XRP.

New York-Based Power Plant Greenidge Generation Mines $50,000 Worth of Bitcoin on a Daily Basis

New York-Based Power Plant Greenidge Generation Mines $50,000 Worth of Bitcoin on a Daily Basis

Greenidge’s 65,000-square-foot facility was initially built in 1937 as a coal plant before eventually being closed down in 2011. The plant remained dormant for five years before Atlas Holdings, Connecticut-based private equity company, converted it into a natural gas plant in 2016 to generate clean energy. Because of the high power that crypto mining machines use in their operations, countries have initiated stricter measures to discourage miners from conducting their mining activities. Some of these measures involve increased electricity fees, which have compelled most miners to move to other cities with favorable electricity billing.

BlockSec Launches Phalcon Fork for Collaborative Testing on Ethereum Mainnet

BlockSec Launches Phalcon Fork for Collaborative Testing on Ethereum Mainnet

Blockchain security firm BlockSec has launched Phalcon Fork, a toolkit that enables collaborative testing on private chains forked from arbitrary transaction positions and block numbers on the Ethereum mainnet. The toolkit offers greater control over testing, analysis, and debugging on testnets, with features such as snapshots and a faucet for acquiring free fork network Ether. The Phalcon Fork user manual touts advantages over traditional solutions such as Goerli, including retaining services and states from the mainnet and maintaining full control over block information.

BlackRock Has No Plans for XRP ETF

BlackRock Has No Plans for XRP ETF

BlackRock Inc., the world's largest asset manager, halts its plans for a spot XRP ETF due to ongoing regulatory uncertainties and concerns over XRP's legal status in the midst of the Ripple vs. SEC case.

Bitcoin Whales are Controlling the Market

Bitcoin Whales are Controlling the Market

Bitcoin whales are reckoning forces in crypto exchanges. Therefore, their dominance is being felt in the crypto market because of their massive liquidity.

Why Bitcoin’s Price Is Rising Despite Selling Pressure from Crypto Whales

Why Bitcoin’s Price Is Rising Despite Selling Pressure from Crypto Whales

Bitcoin whales have been depositing their digital asset funds into exchanges recently, potentially signifying an intent to sell, according to CryptoQuant.

Pantera Capital: Crypto Market Turns Bullish Amid Regulatory Clarity

Pantera Capital: Crypto Market Turns Bullish Amid Regulatory Clarity

Pantera Capital predicts a bullish trend in the cryptocurrency market, highlighting Bitcoin's potential for DeFi expansion, technological advancements, and regulatory favorableness, following the anticipated Bitcoin halving event.

Ethereum Whale Addresses Are Still Hovering Around an All-Time High

Ethereum Whale Addresses Are Still Hovering Around an All-Time High

Ethereum whales are on a record-breaking trend.

Ethereum Alert: Over 10,000 ETH Moved to Binance by a Smart Whale

Ethereum Alert: Over 10,000 ETH Moved to Binance by a Smart Whale

A smart whale transferred $20.61 million to Binance, resulting in an estimated profit of $46.15 million, indicating a lack of optimism about Ethereum's future through multiple strategic transactions.

Kazakhstan's Digital Tenge: Triumph in Pilot, Gears for 2024 Enhancements

Kazakhstan's Digital Tenge: Triumph in Pilot, Gears for 2024 Enhancements

Kazakhstan's successful pilot of digital tenge is set for significant business, regulatory, and technical improvements in 2024, bolstering its global CBDC position.

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