After months of rapid expansion, Bitcoin’s hashrate growth slowed down in January, according to the latest report from TheMinerMag. The network’s difficulty saw its first decline since September, indicating that even though publicly listed companies have kept increasing their hash power, their growth isn’t enough to compensate for the capitulation of other, probably smaller operators. […]
SEC Backs Off Crypto Dealer Fight, Continues Resetting Industry Approach
Already losing its legal fight with the crypto industry over a rule that would have expanded the definition of regulated securities dealers to include a wide array of digital assets operations, the U.S. Securities and Exchange Commission has given up its appeal. The SEC has been in reset mode on its courtroom entanglements with crypto […]
Crypto Exchange Deribit Still in Talks to Be Acquired by Kraken: Source
Cryptocurrency options exchange Deribit is still talking to Kraken for a potential acquisition, contrary to reports that the U.S. exchange had walked away from a potential deal to buy Deribit, a person familiar with the matter said. Recent reports also confirmed the crypto options platform was working with FT Partners to assess takeover bids, but […]
Metaplanet Now Holds 2,100 Bitcoin, Purchases 68 More BTC
Metaplanet (3350) has now accumulated 2,100 bitcoin (BTC), now holding 0.01% of the total BTC supply that will ever be mined, which is 21 million BTC. Metaplanet purchased 68.59 BTC for $6.6 million at an average purchase price of $96,335 per bitcoin. According to Dylan Le Clair, Metaplanet has raised $20 million in equity capital […]
Memecoin Craze Is ‘Unquestionably Over’ as Crypto Heads Towards Maturation, Nic Carter Says
The era of memecoins as a supposedly fair trading opportunity is “unquestionably over,” according to Nic Carter, a partner at Castle Island Ventures. In a post on X, Carter argued that memecoins—tokens with little to no utility beyond speculative trading—were initially attractive because they appeared to offer an even playing field for retail investors. However, […]
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