Mawson Infrastructure Group, a publicly traded Bitcoin mining company, fired its CEO, Rahul Mewawalla, after an audit uncovered serious allegations of fraud. The Fall of the CEO The board acted swiftly. Mewawalla was initially put on notice in late May, then placed on administrative leave, and finally ousted in early July. A lawsuit followed, accusing…
Square, Jack Dorsey’s payment company, is letting some businesses accept Bitcoin. But why wait for them to catch up? You can start using Bitcoin today! Square’s Bitcoin Rollout Square is adding Bitcoin payments to its point-of-sale systems. While a full rollout to 4 million US merchants is planned for 2026, only a select few can…
The US Securities and Exchange Commission (SEC) is making some big changes to how Bitcoin and Ethereum exchange-traded funds (ETFs) work. Several ETF providers have asked the SEC to let them use a more efficient way of creating and redeeming ETF shares. What’s Changing? Currently, these ETFs use a “cash” system. When someone buys shares,…
JPMorgan Chase’s plan to charge fintech companies for access to customer account data is causing a stir, with at least one official at the Consumer Financial Protection Bureau (CFPB) expressing serious concerns. CFPB Concerns A high-ranking CFPB official, who chose to remain anonymous, believes that the agency’s attempt to overturn a key open banking rule…
PNC Bank, a massive financial institution, is joining forces with Coinbase, the biggest US crypto exchange, to offer crypto services to big-time investors. A Powerful Partnership This collaboration will let PNC Bank’s institutional clients buy and hold digital assets through Coinbase’s Crypto-as-a-Service (CaaS) platform. In return, PNC will provide certain banking services to Coinbase. What…
Data analytics firm Glassnode reports some exciting news in the crypto market. Let’s dive into the details. Bitcoin’s Big Buy-In Big Bitcoin investors, including the biggest whales, are piling into BTC, driving its price above $100,000. Glassnode’s analysis shows that investors of all sizes, from those holding less than one Bitcoin to those holding over…
A popular crypto analyst, Bluntz, is predicting significant price increases for both Floki (FLOKI) and Bitcoin (BTC). Bluntz, who uses Elliott Wave theory to analyze market trends, shared his predictions with his over 300,000 followers on X. Floki’s Bullish Future Bluntz believes the meme cryptocurrency Floki is forming a bullish triangle pattern. He suggests that…
Analysts are predicting a big boom in the crypto market by 2025, and they’re sharing their price predictions for some major players. While the numbers vary, everyone agrees: we’re likely looking at some serious gains. Altcoin Daily’s Predictions YouTube’s Altcoin Daily offered up some “realistic” price targets for several cryptocurrencies: Bitcoin (BTC): A peak of…
Is Bitcoin about to explode? Recent price action suggests a significant move could be on the horizon. Riding the Wave Bitcoin’s price is steadily climbing within a clear upward trend, looking very promising. Analysts are calling this the fifth wave (Wave 5) of an Elliott Wave pattern. Historically, Wave 5 is where the biggest price…
SpaceX recently made a significant Bitcoin transfer, moving approximately 1,308 BTC (worth about $153 million) to a new, unknown address. This was their first on-chain transaction in over three years. A Mysterious Transfer The transfer was tracked by blockchain analytics firms like Arkham Intelligence. The Bitcoin came from a wallet that hadn’t been used since…
