Key Takeaways: New Cambridge University data shows that 52% of Bitcoin mining is now powered by renewable energy sources. Over the last three years, emissions from the industry have remained steady at 39.8MtCO2e. Mining hardware efficiency also improved, rising 24% year-on-year. Researchers at Cambridge University recently released their latest report on Bitcoin mining, showing that…
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Hong Kong Police Develop ‘CryptoTrace’ Tool to Help Track Online Crypto Crimes
Hong Kong Cyber Security and Technology Crime Bureau (CSTCB) announced the launch of a virtual asset analysis tool to aid in crypto crime investigations. Dubbed ‘CryptoTrace’, the tool is developed in collaboration with the University of Hong Kong, an official release noted. The crypto tool offers “advanced intelligence and investigation support to crime investigation units,”…
Dollar Index (DXY) : Selling the Rallies at the Blue Box Area
Hello traders. In this article, we are going to present another Elliott Wave trading setup we got in Dollar Index . As our members know DXY index remains bearish against the 109.96 pivot. Recently Dollar made a clear 7 swings pattern and completed its correction precisely at the Equal Legs zone, referred to as the…
Progressive Corp (PGR) Eyes Strong Upside Beyond $300
Progressive Corporation (NYSE: PGR), a leading American insurer, ranks second in U.S. auto insurance. The stock price surged over the past two years as the company’s growth accelerated. Moreover, PGR looks ready to challenge new all-time highs. This article explores Elliott Wave analysis, highlighting bullish patterns that could attract both investors and traders. PGR Daily…
25 Arrested as South Korean Police Crack Down on Multiple Crypto Scam Rings
South Korean authorities have dismantled a sprawling crypto investment scam ring that deceived dozens of victims by posing as financial experts and promising high returns. The Jeju Metropolitan Police Agency announced the arrest of 25 individuals connected to four separate criminal organizations behind the elaborate scheme, local media outlet yna reported. According to officials, the…
Bitcoin Price Dips Below $102K as SEC, OCC, and CFTC Drive U.S. Crypto Policy Shift
Bitcoin (BTC/USD) traded at $102,299 on Thursday, slipping over 1% as U.S. regulatory developments sent mixed signals across the crypto landscape. The market digested news that CFTC Commissioner Summer Mersinger will resign on May 30 to become CEO of the Blockchain Association, a powerful lobbying group backed by Coinbase, Ripple, and other major firms. She…
Ukraine Plans to Create Bitcoin Reserve With Binance, Bill in Progress: Report
Ukraine is reportedly considering creating a national strategic Bitcoin Reserve in partnership with global crypto behemoth Binance. Government officials have confirmed that a related bill is being drafted and is currently in the finalization stage. “We will soon submit a draft law from the industry allowing the creation of crypto reserves,” Yaroslav Zhelezniak, First Deputy…
Coinbase Chief Signals More Deals After $2.9B Deribit Move
Coinbase chief executive Brian Armstrong has signaled that the company will continue to explore mergers and acquisitions after its recent $2.9b deal to acquire the crypto derivatives exchange Deribit. Speaking to Bloomberg Television on Wednesday, Armstrong reaffirmed Coinbase’s commitment to growth through strategic acquisitions, noting that the company has ample financial resources to pursue such…
USDJPY Elliott Wave: Blue Box Trading Setup Explained
Hello fellow traders, As our members know we have had many profitable trading setups recently. In this technical article, we are going to present another Elliott Wave trading setup we got in USDJPY . The Forex Pair completed its correction precisely at the Equal Legs zone, referred to as the Blue Box Area. In the…
Democrats Demand Treasury Records on Trump-Linked Crypto Projects
Democratic lawmakers have launched a new probe into former President Donald Trump’s growing involvement in the crypto industry, requesting detailed financial reports from the U.S. Treasury related to his digital ventures. In a letter dated May 14, Representatives Gerald Connolly, Joseph Morelle, and Jamie Raskin asked Treasury Secretary Scott Bessent to release all suspicious activity…