Global #cryptocurrency

According to the co-founder of Hashlabs Mining, bitcoin mining has made a "positive contribution to Paraguay's trade balance," and a ban might harm the country's economy.

Shiba Inu ($SHIB), a meme-inspired cryptocurrency, has dropped roughly 23% of its value in the last month, having rising more than 270% during the previous six months amid a broader cryptocurrency market spike.

The country of Paraguay is enacting legislation to stop cryptocurrency miners who have been using its electrical grid like a feast. Paraguayan lawmakers have had enough of standing by and have put forth a measure that essentially acts as a gigantic stop sign for cryptocurrency mining and all of its associated activities.

The Cardano community has responded to the recent poll results for the "Blockchain Life Awards 2024" in a variety of ways, with Charles Hoskinson, the company's founder, offering a harsh assessment (ADA).

As withdrawals from Grayscale's Bitcoin ETF (GBTC) have decreased, the price of Bitcoin (BTC) has risen above $67,000.

Despite the favorable market performance of Coinbase Global Inc. stock on Thursday, Cathie Wood-led Ark Invest took a noteworthy move by selling shares of the company.