CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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Bitcoin Network Hashrate Increased 1% to 785 EH/s in January
The Bitcoin network hashrate increased by 1% in January, reaching an average of 785 exahashes per second (EH/s), according to JPMorgan's report....
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Bitcoin Faces Potential Downturn Amid Three Critical Developments
Bitcoin (BTC) is currently consolidating between $90,000 and $100,000, following a bull run from $20,000. Analysts expect this phase to precede a...
Bitdeer Acquires 101 MW Gas Power Plant in Alberta for Bitcoin Mining
Bitdeer, a Bitcoin mining company, acquired a 101-MW gas-fired power plant near Fox Creek, Alberta for a vertically integrated BTC mining...
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CFTC Restructures Enforcement Division to Combat Fraud More Effectively
The U.S. Commodity Futures Trading Commission (CFTC) has reorganized its enforcement division to enhance focus on fraud prevention and reduce...
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Bitcoin Drops 4.8% to $96,900 After David Sacks Press Conference
Bitcoin's recent rally has been short-lived, with prices dropping by 4.8% to $96,900 after reaching $101,000 earlier in the day.
Key points...
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SEC's Crypto Task Force to Address 10 Key Regulatory Priorities
The U.S. Securities and Exchange Commission (SEC) has established a Crypto Task Force aimed at providing regulatory clarity for the crypto industry....
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Taproot Wizards Raises $30 Million to Develop OP_CAT Bitcoin Ecosystem
Taproot Wizards has secured $30 million to develop applications using the OP_CAT Bitcoin improvement proposal (BIP).
Key points include:
OP_CAT...
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Acting SEC Chair Uyeda Appoints Three Members to Crypto Task Force
The U.S. Securities and Exchange Commission (SEC) has appointed new members to its Crypto Task Force, announced by Acting Chairman Mark Uyeda. Key...
U.S. Lawmakers Form Joint Group to Advance Crypto Legislation
The U.S. House of Representatives and Senate are establishing a joint working group to advance crypto legislation. David Sacks, appointed by former...
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DeepSeek-R1 Release Challenges Conventional AI Models and Offers Web3-AI Opportunities
DeepSeek-R1, an open-source reasoning model, has been released, matching top AI models while utilizing a low training budget. Its introduction...
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Sol Strategies Acquires 40,300 SOL for $9.9 Million in January
Sol Strategies, a Canadian investment firm focused on Solana, acquired 40,300 SOL from January 19 to January 31 for approximately $9.9 million,...
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Etherealize Founder Vivek Raman Aims to Promote Ethereum on Wall Street
Ethereum's native token, ETH, is underperforming relative to competitors, raising concerns among developers about the chain's technological...
Senator Hagerty Introduces Stablecoin Oversight Bill in U.S. Senate
Senator Bill Hagerty plans to introduce a stablecoin oversight bill, the Guiding and Establishing National Innovation in U.S. Stablecoins (GENIUS)...
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Neptune Digital Assets Purchases 1 Million DOGE Tokens and 20 BTC
Neptune Digital Assets (NDA) acquired 1 million Dogecoin (DOGE) tokens through a strategic derivative purchase on December 27. Since the purchase,...
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Ether Records Nearly $1 Billion Outflow from Exchanges Amid Price Crash
Ether experienced a sharp decline on Monday, influenced by concerns over a potential U.S. trade war. Key points include:
Ether's price dropped to...
