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Crypto News Source

Channel address: @cryptonewssource
Categories: Cryptocurrencies , Crypto News
Language: English
Subscribers: 61.65K
Description from channel

​​​​We have the best crypto news feed on Telegram
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Admin: @Crypto_Marcus

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The latest Messages 4

2024-03-06 15:05:27
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38.9K views12:05
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2024-03-04 00:21:07
World Economic Forum reports bitcoin mining is helping protect endangered animals in Congo’s national forest.

https://t.me/CryptoNewsSource
12.9K views21:21
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2024-02-24 21:02:23
Ethereum (ETH) Price Reaches Highest Weekly Close in a Year

The Ethereum (ETH) price reached its highest weekly close since April 2022 last week and then moved above $3,000 this week. The weekly time frame technical analysis shows the ETH price has increased significantly during the past two weeks, creating a large bullish weekly candlestick. This was especially visible last week. The upward movement of Ethereum caused the first weekly close above a long-term horizontal area, which has intermittently acted as resistance and support since April 2021.

Source

https://t.me/CryptoNewsSource
12.8K views18:02
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2024-02-07 10:40:00
MicroStrategy buys $37M Bitcoin bringing holdings to 190,000 BTC

MicroStrategy, the largest publicly traded holder of Bitcoin, says it acquired an additional 850 BTC in January bringing its total holdings to 190,000 BTC — worth $8.1 billion. In its Q4 2023 Feb. 6 earnings call, the business software firm’s chief financial officer, Andrew Kang, said it acquired 56,650 BTC throughout 2023 at an average price of $33,580. MicroStrategy posted a net income of $89.1 million, compared with a loss of $249.7 million in the year prior.

Source

https://t.me/CryptoNewsSource
13.3K views07:40
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2024-02-06 20:56:24
Binance offers $5M snitch bounty after RON token listing sparks ‘heated’ debate

Crypto exchange Binance has launched a $5 million bounty for information on potentially corrupt staff members after a spate of accusations alleged its crypto token listing could be front-run due to leaks. In a series of Feb. 5 X posts, Binance co-founder Yi He said “heated discussions” had taken place in the community after a recent plunge in the price of Ronin (RON) after it listed on Binance.

Source

https://t.me/CryptoNewsSource
13.7K views17:56
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2024-02-02 21:02:04
Bitcoin mining difficulty to see largest increase in a year

Bitcoin’s difficulty adjustment is poised for another significant shift with an upcoming 7% adjustment, according to Newhedge. This marks the largest difficulty increase in almost a year since March 2023. The evolution of Bitcoin’s mining difficulty is a significant indicator of the network’s health and security. The previous difficulty adjustment registered a decrease of -3.9%, marking the most substantial downward adjustment since December 2022.

Source

https://t.me/CryptoNewsSource
12.6K views18:02
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2024-01-25 19:36:43
Galaxy predicts ‘unprecedented challenges’ for Ethereum in 2024

Mike Novogratz’s crypto bank Galaxy Digital says 2024 will be a crucial year for Ethereum, as other layer-1 blockchains will raise the stakes. Ethereum appears to be navigating uncharted waters, as the network is set to face “unprecedented challenges” in 2024 presented by alternative layer-1 networks such as Solana, Galaxy Digital writes in its “Watch This Space” report.

Source

https://t.me/CryptoNewsSource
12.9K views16:36
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2024-01-22 06:52:00
BREAKING: Reuter Reports Terraform Labs, Creator of TerraUSD Stablecoin, Files Chapter 11 Bankruptcy in the United States.

Terraform
Labs, the company behind the stablecoin TerraUSD, which collapsed and roiled cryptocurrency markets, filed for Chapter 11 bankruptcy in the United States, according to court papers filed on Sunday.

Source

https://t.me/CryptoNewsSource
27.8K views03:52
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2024-01-21 21:06:33
Coinbase has 70% chance of full dismissal in SEC lawsuit — Litigation analyst

Bloomberg senior litigation analyst Elliott Stein has indicated he sees minimal likelihood of failure for cryptocurrency exchange Coinbase in its ongoing lawsuit against the United States Securities and Exchange Commission (SEC). Stein forecasts a 70% chance of the exchange securing a full dismissal in the lawsuit. The SEC alleges that by staking customer assets, earning rewards on their behalf and returning them, Coinbase is engaging in offering and selling investment contracts, thereby falling under SEC regulation.

Source

https://t.me/CryptoNewsSource
23.5K views18:06
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2024-01-21 09:45:46
Heightened Bitcoin Fees and Erratic Mining Revenues Herald Murky Shift as Halving Nears

Recent statistics reveal that for the past 75 days, starting from Nov. 6, 2023, the average transaction fee on the Bitcoin network has consistently stayed over $5. Additionally, since Dec. 4, 2023, these fees have predominantly been over $10, with a single exception occurring when it briefly fell to $8.33 per transaction.

Source

https://t.me/CryptoNewsSource
24.2K views06:45
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