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Bitcoin, ether and other major cryptocurrencies partially recovered their losses during the recent selloff, driven by multiple pieces of bullish crypto and macroeconomic news.Bitcoin was trading at $82,598, rising around 4.3% in the past 24 hours according to The Block's bitcoin price page. Ether ad…
A solo Bitcoin miner using a relatively cheap, pocket-sized crypto mining rig has solved one of the blockchain’s blocks and earned the full $263,000 reward.The miner became the 297th solo miner to mine a Bitcoin block from the solo.ckpool Bitcoin mining pool, its developer, Con Kolivas, said in a M…
Tokyo-listed investment firm Metaplanet announced Wednesday that it has purchased an additional 162 BTC, bringing up its total holdings to 3,050 BTC.The company spent around $13.5 million to acquire the latest batch at $83,123 per bitcoin, Metaplanet CEO Simon Gerovich said on X. Its total bitcoin h…
Cathie Wood’s Ark Invest sold 526,991 Block Inc. shares, worth about $29.1 million, in the past two trading days as it rebalanced its fund allocations.The firm’s latest trade filing showed that the ARK Innovation ETF (ARKK) offloaded 203,659 Block Inc. shares on Tuesday and 323,332 shares of the sam…
An Ethereum Foundation spokesperson took to social media on Tuesday to deny a claim that the organization had transferred $57 million of ETH to Maker.This came after Monday night when the blockchain research channel Lookonchain posted to X that "a wallet suspected to be Ethereum Foundation" deposite…
Deribit, the leading crypto options exchange, has launched a Block Request-For-Quote (RFQ) interface, allowing traders to execute large over-the-counter (OTC) trades with improved efficiency and liquidity.The feature, available to all users but tailored for high-volume traders, enables direct negoti…
Standard Chartered’s Geoff Kendrick has raised concerns about the near-term prospects for both bitcoin and Strategy (MSTR) as bitcoin’s price faces potential volatility near a critical support level.Kendrick pointed to the Nov. 6, 2024, price range — the day after the U.S. election — as a key potent…
The U.S. Securities and Exchange Commission agreed to drop its lawsuit against Cumberland DRW LLC, according to the firm.Cumberland said it signed a "joint filing" with the SEC to dismiss its case on Tuesday. The filing was "agreed in principle" between the two last month and is awaiting the SEC's a…
Aave Chan Initiative founder Marc Zeller posted an Aave Request for Comment (ARFC) proposal on Tuesday, seeking approval on the first phase of the "Aavenomics" update, focusing on AAVE tokenomics improvements, protocol excess revenue redistribution, secondary liquidity protocol management and the de…
Republican House Majority Whip Tom Emmer and Democrat Ritchie Torres are pairing up to create a "Congressional Crypto Caucus" as lawmakers look to advance crypto bills in Washington.The caucus will look to bolster the U.S.'s leadership in digital assets, Torres said in a post on X on Monday."We hope…
An Ethereum researcher has pitched a new block proposal solution that aims to democratize Ethereum’s currently centralized block building process by implementing a “shared random algorithm.”The “Decentralized Random Block Proposal” would leverage Byzantine Fault Tolerance (BFT) to eliminate Maximal …
Patrick McHenry, a former Republican Congressman from North Carolina, has joined the tokenized real-world asset (RWA) firm Ondo Finance as the vice chairman of its advisory board, reports Fortune Crypto.McHenry will help Ondo foster beneficial relationships in Washington and elsewhere, Fortune Crypt…