Cryptocurrency mining has become an increasingly competitive and lucrative field, prompting companies to continuously innovate and develop more powerful mining rigs. Hong Kong-based crypto technology company ASICRUN has recently released its latest line of products, the AR1, AR2, and EliteAR ASIC miners. These miners are set to revolutionize the industry with their unparalleled mining performance
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Solana (SOL) has experienced a significant rally in recent days, surpassing the $60 resistance level against the US Dollar. The price surge has seen SOL increase by over 50% in just a few days, indicating strong bullish momentum. This upward trajectory may continue, with the next target being the $75 level. Breaking through the $55
The proposed taxation scheme for digital assets has recently come under scrutiny from several American lawmakers. In a letter addressed to the U.S. Treasury, lawmakers expressed their concerns regarding the potential negative consequences of the proposed rules on innovation and the digital asset ecosystem. The letter emphasizes the lawmakers’ belief that the current rules are
The U.S. House Subcommittee on Digital Assets, Financial Technology, and Inclusion recently held a hearing to address the issue of crypto crime within the digital asset ecosystem. Experts from various fields, including blockchain technology, financial regulation, and law enforcement, provided their insights and testimonies. One crucial point of discussion was the potential underreporting of illicit
In the ever-evolving world of cryptocurrency trading, one project stands out as a beacon of innovation and accessibility. Launchpad XYZ has caught the attention of crypto venture capitalists, drawing in millions of dollars during its presale. With its custom AI, Apollo, Launchpad XYZ aims to revolutionize algorithmic trading, making it available to anyone, regardless of
After a recent breach of its hot wallets, Poloniex, a popular cryptocurrency exchange, has managed to resume its deposit and withdrawal services, according to a statement released on November 15. The attack occurred on November 10 when a malicious actor compromised one of the exchange’s hot wallets and stole over $100 million worth of digital
Russia’s trade ministry recently announced the development of a groundbreaking tool that has the potential to assist crypto miners in evading Western sanctions. Lawmakers explained in a DumaTV post on the RuTube video-sharing platform that the Ministry of Industry and Trade had successfully created a tool specifically designed for conducting industrial mining activities. This tool
Blockchain technology continues to evolve and improve, and the XRP Ledger is no exception. An XRP and crypto enthusiast, Krippenreiter, has recently announced the launch of the newest version of the XRP Ledger, highlighting core updates and new functionalities. This article will delve into the details of these upgrades and proposed amendments, shedding light on
In the world of cryptocurrency trading, being able to predict the next big trends and narratives is a vital skill for success. Market narratives are the stories or themes that drive the crypto market, while trends refer to the directional movements of the market over a certain period. By staying informed and analyzing various indicators,
Coinbase, a leading cryptocurrency exchange, believes that the approval of a spot Bitcoin exchange-traded fund (ETF) could have significant implications for the crypto market and investors. In its monthly outlook report, Coinbase predicts that the introduction of compliance-friendly ETFs will open up access to crypto assets for a broader range of investor classes, including registered
