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Will Trump keep cheap electricity promises to BTC miners? ‎QFIs net sellers of SAR 343M stocks on Tadawul last week Cardano Foundation X account under attack, hackers spread misinformation about SEC lawsuit WazirX to Reimburse Full $230 Million to Hack Victims Jump Trading Unstakes $29M In ETH from Lido Finance And Continues Redeeming WSTETH Chainlink & Ethereum Hit Historic Lows: Opportunity In Market Pain? US Spot Bitcoin ETFs See Red: Grayscale’s GBTC and Top Funds Hit Hard Trump Confirms Plans to Create Fourth NFT Collection Ethena Labs expands synthetic dollar USDe to Solana, plans SOL backing IRS reveals final regulations for crypto broker rules

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Will Trump keep cheap electricity promises to BTC miners?

Homepage > News > Business > Will Trump keep cheap electricity promises to BTC miners? BTC block reward miners are hoping Donald Trump’s second presidential term will offer a smoother path to profitability, thanks to cheaper electricity, loosened environmental rules and blind patriotism. The share prices of publicly listed BTC mining operators soared on Wednesday following Trump’s electoral victory over opponent Kamala Harris the night before. Some prominent miners saw their shares jump 20-30% in a single day, boosted by the perception that Trump will lift the constraints that have kept their operations in the red. In June, top execs...

08.11.2024

‎QFIs net sellers of SAR 343M stocks on Tadawul last week

Tadawul trading screen Qualified foreign investors (QFIs) were net sellers of SAR 343.3 million worth of stocks on the Saudi Exchange (Tadawul) in the week ended August 8, according to recent data issued by Tadawul. High-net-worth investors and Saudi corporates were net sellers of shares worth SAR 518.3 million and SAR 426.2 million, respectively. Meanwhile, retail investors and mutual funds were net purchasers of shares worth SAR 669.3 billion and SAR 651.9 million, respectively. T raded Value per Nationality and Investor Type - (SAR mln) Investor Classification Total Buys Total Sales Net Investment Saudi Investors Retail 13452.46 12783.21 669.25 High-Net-Worth...

11.08.2024

Cardano Foundation X account under attack, hackers spread misinformation about SEC lawsuit

ADA dropped 4% as soon as the incident surfaced. Key Takeaways The Cardano Foundation tweeted that they had been served with a lawsuit by the SEC, which was soon identified as a false claim by hackers. Hackers also posted about a fake Cardano token on Solana. Cardano Foundation’s official X social media account has been under attack, with hackers posting false information about a purported SEC lawsuit against the organization and promoting a fraudulent token. The hackers first claimed that Cardano was releasing a new token on the Solana blockchain, which was soon discovered to be a scam token. At...

08.12.2024

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Will Trump keep cheap electricity promises to BTC miners?

‎QFIs net sellers of SAR 343M stocks on Tadawul last week

Cardano Foundation X account under attack, hackers spread misinformation about SEC lawsuit

WazirX to Reimburse Full $230 Million to Hack Victims

By Mark Hunter 1 day agoMon Aug 12 2024 07:28:30 Reading Time: 2 minutes WazirX has decided to restore user balances to pre-hack levels following a $230 million hack The exchange has faced criticism for its initial reimbursement plan, which involved a 45% portfolio rebalancing After customer complaints, WazirX has committed to restoring balances to their July 18 levels Hacked Indian cryptocurrency exchange WazirX will restore user balances to how they were before last month’s $230 million hack. The decision comes after the exchange was criticized for its initial reimbursement plan involved rebalancing crypto portfolios to the tune of 45...

Jump Trading Unstakes $29M In ETH from Lido Finance And Continues Redeeming WSTETH

Jump Trading has successfully unstaked 11,500 $ETH, valued at $29 million, from Lido Finance. Additionally, in the past hour, they redeemed 16,210 $WSTETH into 19,049 $STETH. The 11,500 $ETH has been transferred to the wallet “0xf58,” which Jump Trading frequently uses to deposit $ETH to centralized exchanges (CEX). Currently, Jump Trading still holds 21,394 $WSTETH (worth $63.6 million) and 16,292 $ETH (worth $41.3 million) across their wallets. Furthermore, 19,049 $STETH is in the process of being unstaked from Lido. In a separate move within the last 14 hours, James_Fickle swapped 4,336 $ETH for $10.94 million, with an average entry price...

Chainlink & Ethereum Hit Historic Lows: Opportunity In Market Pain?

You are here: Home / News / Chainlink & Ethereum Hit Historic Lows: Opportunity In Market Pain? Renowned analytical platform Santiment reported that both Chainlink and Ethereum have reached an all-time low in the 30-day and 365-day average of trading returns. In a recent post on X, the platform highlighted this considerable decrease in return, pointing out the current trends in these large cryptocurrencies. According to Santiment analysis, Chainlink and Ethereum trading returns have gone extremely low in the short-term and long-term trading. This trend portrays a declined performance over the last one month and year for this company. Such...

US Spot Bitcoin ETFs See Red: Grayscale’s GBTC and Top Funds Hit Hard

On Monday, unlike their ethereum counterparts, spot bitcoin exchange-traded funds (ETFs) witnessed outflows totaling $168.44 million. The primary contributors to this decline were three funds, with Grayscale’s GBTC taking the lead in outflows. 3 Leading Bitcoin ETFs Experience Major Outflows Grayscale’s Bitcoin Trust (GBTC) experienced a significant outflow of $69.12 million, bringing its total net divestments since Jan. 11, 2024, to $19.13 billion. GBTC wasn’t alone in facing losses; Ark Invest’s and 21shares’ ARKB shed $69 million, while Fidelity’s FBTC saw a $58.04 million decrease, according to sosovalue.xyz and coinglass.com metrics. U.S. spot bitcoin ETFs have recorded two straight days...

Trump Confirms Plans to Create Fourth NFT Collection

By Philip Maina 4 weeks agoWed Jul 17 2024 10:48:45 Reading Time: 2 minutes Trump has confirmed that he’s planning to create a fourth NFT collection The former United States president said that the plans were influenced by his supporters Trump didn’t however disclose when the new collection will be availed to the public Two months after meeting with NFT holders in Florida, former United States president Donald Trump has confirmed plans to release another NFT collection, a decision he said was influenced by his supporters. Speaking to Bloomberg Businessweek , Trump said that he believes that a new collection...

Ethena Labs expands synthetic dollar USDe to Solana, plans SOL backing

Ethena Labs expands synthetic dollar USDe to Solana, plans SOL backing Oluwapelumi Adejumo · 5 days ago · 2 min read Ethena Labs is bringing the rewarding USDe stablecoin to Solana blockchain. 2 min read Updated: Aug. 7, 2024 at 8:01 pm UTC Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content. Ethena Labs has expanded its “synthetic dollar” USDe to the Solana blockchain and revealed intentions to add the SOL token as a backing asset for the stablecoin, according to an Aug. 7 statement. USDe’s integration with Solana was achieved through LayerZero’s omnichannel fungible token...

IRS reveals final regulations for crypto broker rules

The Internal Revenue Service did not include decentralized exchanges or self-custodial wallets under its broker reporting requirements. 18376 Total views 14 Total shares Own this piece of crypto history Collect this article as NFT The United States Internal Revenue Service (IRS) revealed its final draft of the new crypto broker reporting requirements on June 28 and clarified the scope of industry participants affected by the new rule changes. According to the IRS’ new reporting guidelines, decentralized exchanges and self-custody wallets will not be subject to the new reporting rules. In the recent update, the IRS explained that it reviewed the...