Global

The US Securities and Exchange Commission (SEC) announced on Monday that crypto lender Abra has settled allegations regarding improper marketing of its Abra Earn product.

For years, Beijing-based Bitmain Technologies has held an iron grip on the Bitcoin mining industry, commanding an estimated 90% of the global market for the specialized hardware essential to powering the cryptocurrency’s decentralized network.

On Sunday, Thai authorities raided an illegal bitcoin mining operation in Ratchaburi province following numerous reports of power outages in the area.

Following a notable upsurge in the cryptocurrency markets last weekend, digital assets have maintained their gains, driven by the Federal Reserve's recent statements.

The stablecoin market has reached a new all-time high with a market capitalization of $168 billion, marking 11 consecutive months of growth. This milestone surpasses the previous peak of $167 billion recorded in March 2022.

As the cryptocurrency market continues to experience fluctuations, Solana (SOL) is emerging as a potential standout with its price poised for a significant move.