Norway’s Labour Party government has revealed plans to impose a temporary ban on any new crypto mining data centres that use energy‑heavy proof‑of‑work systems, per Reuters. The proposed rule could kick in Autumn 2025, if approved, and is aimed at preserving electricity capacity for more productive industries. “Cryptocurrency mining is very power-intensive and generates little…
Crypto exchange OKX is “considering” an initial public offering (IPO) with the U.S. as its preferred market, The Information reported on Sunday, citing an interview with the firm’s chief marketing officer. “We will absolutely consider an IPO in the future,” said Haider Rafique, chief marketing officer. “If we go public, it would likely be in…
FUNToken supply has been capped forever after the CertiK-certified contract finalisation. FUNToken’s gasless on-chain gaming is driving adoption and ecosystem expansion. The FUN price surge is backed by real utility, strong volume, and investor confidence. The price of FUNToken (FUN) has soared dramatically in recent days, prompting both excitement and speculation across the Web3 and…
Shiba Inu’s SHIB v-shaped price recovery from 16-month lows is characterized by a surge in trading volumes, according to CoinDesk’s AI research. The meme cryptocurrency has bounced to $0.0000$1080, having hit a low of $0.00001025 late Sunday. That was the lowest level since February 2024, according to data source TradingView. The bounce comes as bitcoin,…
Geopolitical tensions in the Middle East are reshaping the cryptocurrency landscape as military actions between the US, Israel, and Iran create market uncertainty. Despite the turbulence, ATOM has shown remarkable stability, recovering from a sharp 5.83% decline to establish strong support zones. Technical Analysis: ATOM’s Recovery Pattern ATOM-USD experienced a notable recovery pattern over 24…
Layer-1 blockchain Self Chain announced that it has terminated its CEO Ravindra Kumar after allegations of a $50 million over-the-counter (OTC) scam. The allegations broke on Friday with claims that Kumar was involved in a string of OTC scams including firms such as Aza Ventures, which published the allegations on Telegram. Kumar responded at the…
Ether’s ETH recent rally may be on shaky ground with one firm warning that last week’s price surge was largely fueled by speculative futures positions instead of a bump in organic demand. In a note on Monday, Matrixport opined that “leveraged traders have pushed [ETH’s] price higher in the absence of fundamental support,” adding that…
Crypto firm Unicoin has agreed to buy a 51% stake in Diamond Lake Minerals, a firm specializing in digital assets, setting the stage for a strategic rebrand and a shift into altcoin treasury. The deal, which was announced on Monday, will see Diamond Lake Minerals renamed to DiamondLake and refocussed on building a cryptocurrency treasury…
By Omkar Godbole (All times ET unless indicated otherwise) Markets are accustomed to violence in the Middle East. That, at least, is the conclusion you might draw from the way financial markets — especially oil — reacted to the U.S. airstrikes on Iran’s nuclear sites over the weekend and the threat of Iran blocking the…
The market technician known on X as Dr Cat (@DoctorCatX) has published a post that condenses years of his XRP/BTC work into one number—2,041 satoshis—and a set of time-stamped price targets that reach as high as $30 per XRP once Bitcoin hits $270,000. In the post, the analyst begins with a sharp rebuke of critics…
