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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Belarusian President Alexander Lukashenko has directed government agencies to expand cryptocurrency mining, saying the move could help the country cut reliance on the US dollar. Reports say he made the remarks during a high-level energy meeting in Minsk on November 14, where he framed mining as a priority use for surplus electricity. Lukashenko Orders Mining Push According to state reports, Lukashenko asked officials to present concrete measures to increase electricity consumption and to lay out how mining could be scaled across the country. He suggested that, rather…
Aspiring engineers from 191 countries gathered in Panama City in October to compete in the FIRST Global Robotics Challenge. The annual contest aims to foster problem-solving, cooperation, and inspire the next generation of engineers through three challenges that are inspired by a different theme every year. Teams of students from 14 to 18 years old from around the world compete in the three day event, remotely operating their robots to complete the challenges. This year’s topic was “Eco-equilibrium,” emphasizing the importance of preserving ecosystems and protecting vulnerable species.Turning Robotics Into a Sport Each team competed in a series of ranking…
Cardano founder Charles Hoskinson and Scaramucci’s firm invest in Trump-linked American Bitcoin in a $220M round
Key Takeaways Despite Anthony Scaramucci’s public break with Donald Trump, he and his son AJ invested heavily in American Bitcoin. The move signals growing institutional confidence in the long-term value of Bitcoin and its mining infrastructure. Share this article American Bitcoin, a Bitcoin mining and accumulation company co-led by Eric Trump and Donald Trump Jr., secured a $220 million pre-IPO funding round in July led by Solari Capital, according to Fortune.Founded by AJ Scaramucci, son of Anthony Scaramucci, Solari Capital invested more than $100 million, with Anthony Scaramucci adding a small personal stake.Cardano founder Charles Hoskinson, real-estate investor Grant Cardone,…
BitMine Immersion Technologies has overhauled its leadership as it continues to amass one of the largest Ether treasuries across publicly traded companies. In a Friday notice, BitMine announced that Chi Tsang would succeed Jonathan Bates as the company’s CEO, effective immediately. The Ether (ETH) treasury company reported holding more than 3.5 million tokens as of Monday, bringing its valuation to more than $11 billion at a price of $3,175. “With its substantial Ethereum holdings and credibility with both Wall Street and the Ethereum ecosystem, BitMine is positioned to become a leading financial institution,” said Tsang.The company announcement included the appointment of…
Japan’s Financial Services Agency (FSA) is preparing an overhaul of the country’s crypto regulatory framework, moving to classify digital assets as “financial products” under the Financial Instruments and Exchange Act.The plan would introduce mandatory disclosures for 105 cryptocurrencies listed on domestic exchanges, including Bitcoin (BTC) and Ether (ETH), and bring them under insider trading regulations for the first time, according to a Sunday report from Asahi Shinmun.If enacted, exchanges would be required to disclose detailed information about each of the 105 tokens they list, including whether the asset has an identifiable issuer, the blockchain technology underpinning it and its volatility…
MiCA currently lets companies gain cross-border access via a single national licence. National regulators and firms fear a loss of control and added bureaucracy. France, Austria and Italy have backed ESMA’s expanded role for large firms. The European Commission is preparing to give the European Securities and Markets Authority sweeping powers over the crypto sector. If approved, ESMA would become the sole body responsible for supervising all crypto asset service providers in the European Union, reported Bloomberg. The proposal marks a significant change to how the bloc regulates digital assets, placing oversight in the hands of a central authority rather…
Zcash has had a strong month. It is up almost 21% in the past seven days and is one of the few coins holding steady while much of the market struggles. The broader trend also looks firm, with the Zcash price rally still riding its earlier breakout.The real question now is whether this move can stretch toward $1,010 and beyond. The charts say it can — but only if one level finally gives way.Sponsored SponsoredBuyers Are Active, But Momentum Still Needs A Stronger PushThe first signal comes from On-Balance Volume (OBV), an indicator that tracks buying and selling pressure by…
WisdomTree’s head of digital assets, Will Peck, anticipates that exchange-traded funds (ETF) that hold diversified baskets of cryptocurrencies will fill a significant gap in the market in the coming years.“It does seem like that’s going to be one of the next waves of adoption,” Peck told Cointelegraph at The Bridge conference in New York City on Wednesday. “It solves a need, I think,” he added.Peck explained that although many new investors now understand the concept of Bitcoin (BTC), they often struggle to judge the “next 20 range of assets.” He said a multi-asset crypto basket provides them with exposure to…
The Bitcoin price has dropped sharply this month. Since early November, it has fallen almost 15%, turning one of the strongest assets of the year into one of the weakest in the current pullback. The drop has pushed the market into two camps again. Some believe this is the start of a deeper correction. Others believe the cycle is still unfolding, and this is merely an oversized dip. The next move depends on one level. If Bitcoin reclaims it, the rebound setup activates. If it fails there, the downside can widen fast.Sponsored SponsoredBitcoin Momentum Softens the Fall, but One Level…
Exciting data from an on-chain analysis has recently surfaced, revealing accumulation patterns in Bitcoin and Ethereum on the Binance exchange that have historically preceded renewed bullish momentum. Binance Sees $1.77B BTC/ETH In Outflows As $1.58B In Stablecoins Enter In a QuickTake post on November 14, pseudonymous market analyst CryptoOnchain shares insights into the crypto market direction, based on Binance activity. This post revolves around the Binance 7-Day Asset Netflow By Network metric, which shows if more volumes of an asset on specific networks are being deposited into Binance (net inflow), or being withdrawn (net outflow) over the past seven days,…