Author: CryptoHoppers

Phoenix Group, a crypto company based in the UAE, is pushing hard to get into the US market. In a recent news release, the company said that its newest 50MW Bitcoin mining facility in North Dakota was now fully operational. News sources say that this new mining plant can boost the company’s current hash rate by up to 2.7 exahashes. The new crypto mining center has cutting-edge technologies and a better layout to make it work better and faster. The North Dakota project is Phoenix Group’s second crypto-mining facility in the country. The group’s first was a 25MW crypto mining…

Key indices such as adoption, transaction volumes, and activity levels reached new highs in 2024, giving blockchain technology a significant boost. Despite persistent regulatory hurdles, blockchain is booming, as shown by this increase. Blockchain networks have proven their ability to thrive and are moving toward broader use, even as regulators keep a close watch on the industry. On-Chain Transactions Hit New Heights However, the most notable breakthrough that the blockchain achieved in 2024 was the transaction volume. In December, on-chain trades were worth $817 million, which was a lot more than the previous high of $730 million in January 2022.…

Key Takeaways The US Department of Justice was approved to sell 69,370 Bitcoin seized from Silk Road, a new report said. Battle Born Investments opposed the sale but failed to block it. Share this article The US Department of Justice (DOJ) has been authorized to sell approximately 69,370 Bitcoin seized in connection with the Silk Road darknet marketplace, a haul currently valued at around $6.5 billion, DB News reported Wednesday. The decision is set to end a years-long legal dispute over the BTC stash’s ownership. The US Govt has been given the greenlight to liquidate 69,000 BTC ($6.5B) from Silk Road,…

Bitcoin may face short-term pressure as tightening global liquidity, following the Trump re-election, suggests a potential pause in price gains, analysts warn. Crypto investors should get ready for a short-term slowdown as global liquidity tightens, Matrixport, Asia’s blockchain analysis hub, wrote in a Jan. 8 research note. According to crypto analyst Markus Thielen, the tightening comes after a stronger U.S. dollar following the Trump re-election, and historically, shifts in global liquidity tend to affect Bitcoin’s (BTC) price about 13 weeks later. As liquidity tightens, Bitcoin could enter a consolidation phase, Thielen warns, noting that this usually happens when dollar-denominated liquidity…

Key Takeaways Coinbase has been granted an interlocutory appeal by Judge Failla, allowing it to challenge SEC’s claims at the Second Circuit Court of Appeals. The appeal raises significant questions about the application of securities law to digital assets, particularly concerning the Howey test. Share this article Coinbase has achieved a significant legal milestone in its ongoing battle with the SEC, as Judge Katherine Polk Failla of the Southern District of New York granted the company a rare interlocutory appeal.According to the filing, this decision allows Coinbase to bring its case to the Second Circuit Court of Appeals.The company will…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Rollblock aims to outshine Dogecoin and Pepe in 2025, transforming the $450 billion casino industry with blockchain-powered transparency. Dogecoin and Pepe started the year with a bang, offering great returns for their holders. Historically, these two memecoins have performed very well in January, and it seems that 2025 won’t be much different.  However, some crypto investors have spotted an altcoin that can outshine both projects in the long run. Rollblock looks to redefine the casino industry with blockchain technology…

While PEPE eyes new highs, analysts question its ability to sustain growth beyond $1. Meanwhile, Wall Street Pepe raises over $42 million in its ICO, positioning itself as a contender for the fastest-growing meme coin with 100x potential.   The popular meme coin PEPE has captured investor attention after breaking out of a descending symmetrical triangle—a technical pattern signalling bullish momentum. Currently trading at $0.00002102, PEPE is testing key resistance at $0.00002187, with traders closely monitoring whether it can rally toward $0.000030 in the near term.   Technical indicators support this optimism, as the relative strength index (RSI) sits at 54.51, indicating…

Key Takeaways Nasdaq ISE proposes to increase IBIT options position and exercise limits tenfold. The proposed change is motivated by increased trading volumes and liquidity in IBIT. Share this article Nasdaq ISE, LLC (ISE), the Nasdaq-owned options exchange, recently submitted a proposed amendment to the SEC to increase the position and exercise limits for options on the iShares Bitcoin Trust ETF (IBIT) from 25,000 to 250,000 contracts.The current position and exercise limits for IBIT options are considered low limits available in options trading. The proposal, pending SEC approval, is aimed at accommodating the growing trading volume and liquidity of IBIT,…

Former Special U.S. Assistant Attorney John Deaton expressed his willingness to lead a federal investigation into Chokepoint 2.0. Deaton Calls out Unelected Officials Abusing Their Positions Former Special U.S. Assistant Attorney John Deaton has said it would be “both an honor and a privilege” to lead a federal investigation into Chokepoint 2.0, an alleged government […] Source link

As the crypto community grows more concerned about the potential threat of quantum computing, Solana has introduced a futuristic solution: the “Winternitz Vault”. This feature aims to protect user funds from quantum risks.Let’s break down how it works and why it’s an important step for the future of cryptocurrency security.Why Crypto Needs a Quantum-Resistant SolutionIt’s widely accepted that, in the future, quantum computing could destabilize the crypto ecosystem. This is because current cryptographic technologies might be vulnerable to the power of quantum computers. Without a solution to defend against this, crypto security could be at risk.Solana’s “Winternitz Vault” offers an…