Bitcoin mining difficulty sets new high of 86T pre-halving

As we approach the upcoming Bitcoin (BTC) halving, the challenge of mining it becomes increasingly harder due to this significant event reducing miner rewards by half. The mining difficulty for Bitcoin has been increased once more prior to the upcoming Bitcoin halving event, reaching an unprecedented high of 86.4 trillion, as indicated by information from … Read more

Bitget exchange volume topped $1.6T in Q1

In the opening three months of this year, the total futures and spot transaction value on crypto platform Bitget reached an impressive $1.4 trillion and $160 billion. This represents a significant surge from the $658 billion in futures trading and $59 billion in spot trading recorded during Q1 of 2023. Based on its Q1 2024 … Read more

eToro CEO urges investors: Embrace long-term vision amid market turmoil

Yoni Assia, the head of eToro’s trading platform, emphasized the significance of learning from past market downturns (bear cycles) and uptrends (bull cycles) to anticipate investing trends in both traditional and crypto markets. At the Paris Blockchain Week on April 10, Assia conversed with CryptoMoon’s Editor-at-Large Kristina Lucrezia Cornèr about eToro’s experiences during various cryptocurrency … Read more

90% of Bitcoin ETF inflows are still retail — VanEck CEO

In the year 2024, Bitcoin (BTC) ETFs have seen a large inflow of investments. However, major banks and institutions have yet to jump on board. At Paris Blockchain Week, VanEck CEO Jan van Eck had an exclusive conversation with CryptoMoon. He shared that it’s mostly the retail market driving investments into US Bitcoin Spot ETFs. … Read more

Dubai virtual asset regulator wants to lift burden on small crypto firms

Matthew White, CEO of Dubai’s Virtual Asset Regulatory Authority (VARA), expressed a desire to simplify regulations for smaller cryptocurrency businesses. During a regulatory session at the Paris Blockchain Week, White acknowledged that current crypto regulations have room for improvement and is exploring potential solutions. One proposed solution being discussed is to ease the financial strain … Read more