Wednesday, November 6, 2024
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Celsius entity to focus only on mining under proposed reorganization plan

Cryptocurrency lending firm Celsius said its reorganized company will focus only on Bitcoin mining following feedback from the United States Securities and Exchange Commission (SEC).In a Nov. 20 announcement, Celsius said the core business of the ‘NewCo’ company proposed under its restructuring plan will be Bitcoin (BTC) mining rather than

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Analysts focus on Rebel Satoshi, Shiba Inu, and Zcash ahead of crypto bull run

Market analysts bullish on Shiba Inu in 2024. Rebel Satoshi presale in progress Crypto analysts forecast Zcash to break above $50 by the end of 2024 Market analysts have been closely analyzing the crypto landscape, sometimes digging out opportunities. Presently, their attention is on Rebel Satoshi (RBLZ), Shiba Inu (SHIB), and Zcash (ZEC). RBLZ on

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Bakkt shifts focus to custody services, adds support for DOGE, SHIB, other coins

Crypto firm Bakkt appears to be returning to digital asset custody as its primary business, adding support for six new coins, according to an announcement on Nov. 15. Aside from Bitcoin (BTC) and Ether (ETH), Bakkt will expand its custodial support to include Bitcoin Cash (BCH), Dogecoin (DOGE), Ethereum Classic (ETC), Litecoin

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SHIB in Focus as Ex-Philippines Senator Manny Pacquiao Foundation Will Use Shibarium

“The Pacquiao Foundation is dedicated to fighting for those in need around the world and has already done so for more than a million people requiring urgent assistance,” said Jon Sisson, Executive Director of the Manny Pacquiao Foundation, in a statement to CryptoX. “Shibarium will allow us to continue this

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Ripple CEO Criticizes SEC for Losing Focus on Investor Protection

Garlinghouse emphasized the need for the SEC to reassess its regulatory approach, moving away from a pattern of enforcement through lawsuits. During the just-concluded Ripple’s Swell conference in Dubai, the company’s CEO Brad Garlinghouse shared his views regarding the United States Securities and Exchange Commission’s (SEC) role in protecting consumers against

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Assessing Shiba Inu and Dogecoin alternatives, focus on NuggetRush

Shibarium’s recent performance disappoints the Shiba Inu (SHIB) community. Demand for Dogecoin (DOGE) Futures rising in November. NuggetRush (NUGX) offers new utilities in the memecoin scene The Shibarium network has shown a lackluster performance, sparking concerns among analysts that its popularity may be waning. In contrast, Dogecoin (DOGE) has experienced a recent surge

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Maine state treasurer to focus on abandoned crypto accounts

The Office of the Maine State Treasurer issued a program evaluation report in November with the intention to prioritize the management of abandoned cryptocurrency accounts.  Unclaimed cryptocurrencies continue to be a well-known issue in the industry, especially in the Ethereum ecosystem, where millions are believed to lay in unclaimed presale wallets. Cryptocurrency

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Maine state treasurer to focus on handling abandoned cryptocurrency accounts

A report issued by the Office of the Maine State Treasurer highlighted the U.S. state’s interest in officially managing the abandoned and recovered crypto assets.The program evaluation report of Maine uncovered the state’s lack of preparedness when it comes to handling cryptocurrencies. It read:“Our office does not currently handle cryptocurrency,

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