Bitcoin mining earnings have recently reached an all-time high, with miners making a daily revenue of $78.6 million on March 7. This surge in earnings coincides with the remarkable increase in the value of Bitcoin, the leading cryptocurrency in the market. Miners earn income through two main sources – newly minted coins for verifying transactions
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Thailand’s Securities and Exchange Commission (SEC) has recently announced significant regulatory changes that will allow the establishment of private funds investing in spot Bitcoin exchange-traded funds (ETFs) traded on U.S. exchanges. This decision was made during a recent board meeting, granting institutional investors and high-net-worth individuals the opportunity to participate in these funds. The move
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In a recent development reported by local media outlet Premium Times, the Nigerian government has obtained a court warrant to detain Binance officials for at least twelve days. This action was taken after the Binance executives insisted on being taken to their respective countries’ embassies. The government has accused Binance of exacerbating the country’s foreign
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In a bold move, Coinbase has openly criticized the Securities and Exchange Commission (SEC) for rejecting its rulemaking petition, denouncing the decision as “arbitrary and capricious.” The crypto exchange’s disapproval was made clear in a petition filed before the US Court of Appeals for the Third Circuit on Mar. 11. Should Coinbase’s petition succeed, the
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