Bitcoin mining company Cipher Mining announced on Tuesday the acquisition of a new mine called Stingray in West Texas, which has a power generation capacity of up to 100 megawatts (MW). Cipher completed the deal with a cash payment of $4.1 million and a variable fee of $1.50 per megawatt-hour for the first five years after the mine is put into operation. The site includes up to 100 MW of capacity, regulatory approvals, 250 acres of land adjacent to transmission assets, and a facility expansion agreement with Oncor, the largest transmission and distribution company in Texas. "With the addition of this site, we now have a data center scheduled to be operational in 2026, which will complement our other new data centers scheduled to be operational in 2025 and 2027," said Tyler Page, CEO of Cipher.

バイナンスジャパンが「VIPプログラム」改定 国内暗号資産（仮想通貨）取引所バイナンスジャパン（Binance Japan）が、「VIPプログラム」の改定について11月27日発表した。 バイナンスジャパンの「VIPプログ […] source: https://www.neweconomy.jp/posts/434266

Chainalysis noted in a blog post that this year has seen many seemingly positive developments in the cryptocurrency ecosystem. It noted that with the approval of spot Bitcoin and Ethereum ETFs in the United States and the revision of fair accounting rules by the Financial Accounting Standards Board (FASB), cryptocurrencies continue to gain mainstream acceptance in many ways. Chainalysis also mentioned that funds flowing into "legitimate" services so far this year are at the "highest level" since 2021 (the peak of the last bull market). It noted that funds for illegal activities so far this year have fallen "19.6%, from $20.9 billion to $16.7 billion, indicating that legal activity is growing faster than on-chain illegal activity." These signs indicate that cryptocurrencies will continue to be "adopted globally", which is also reflected in Japan's crypto ecosystem. Overall, Japanese services have “generally lower exposure to global illicit entities, such as sanctioned entities, darknet markets (DNMs), and ransomware services, as most Japanese services are primarily targeted at Japanese users.” But the report clarifies that this does not mean that Japan is “completely immune to crypto-related crime,” with public reports, including Japan’s Financial Intelligence Unit (FIU) JAFIC, highlighting that cryptocurrencies pose “significant money laundering risks.” Chainalysis further noted that while Japan’s exposure to international illicit entities may be limited, the country “is not without its own local challenges. Off-chain criminal entities that exploit cryptocurrencies are prevalent but often go unnoticed.” (Crowdfund Insider)

The post Vitalik Buterin Sold His Meme Coin Holding, But Why? appeared first on Coinpedia Fintech News Vitalik Buterin, the brain behind Ethereum, made headlines again. This time, it wasn’t about tech but how he handles his crypto fortune. Recently, he sold some meme coins for $81,800 and donated over $1 million to a non-profit. There’s more to this story than just numbers, though. Let’s break... source: https://coinpedia.org/news/vitalik-buterin-sold-his-meme-coin-holding-but-why/

According to Onchain Lens monitoring, a wallet named "sbfonchain.sol" has spent $1.5 million to buy CHILLGUY and FARTCOIN: -Spend 4,287 SOL (worth $995,000) to buy 1,604,115 CHILLGUY -Spend 429 SOL (worth $99,000) and $400,000 USDC to buy 1,437,592 FARTCOIN 2 days ago, the whale spent $4.73 million USDC to buy 1,417,593 WIF and sold it at a loss of about $600,000 10 hours ago.

The cryptocurrency exchange Kraken recently announced its plans to completely shut down its NFT marketplace on February 27, 2025. The exchange will also shut down most of the NFT marketplace’s services on November 27, including any bidding, listings, and selling of NFTs. However, the marketplace will allow users to withdraw their funds before the platform completely shuts down. source: https://www.cryptopolitan.com/kraken-will-shut-down-its-nft-marketplace/

Bitcoin price correction from its recent all-time high has sparked speculation within the crypto community, with many questioning if the bull run remains intact and what the next price move might be. Currently, BTC trades at a price below the $95,000 mark, down by nearly 7% from its all-time high above $99,000 recorded on November 22. Related Reading: Bitcoin Leverage Remains High – Data... source: https://www.newsbtc.com/bitcoin-news/bitcoin-price-dip-triggers-alert-on-nvt-golden-cross-heres-what-to-watch-for/

The incoming Donald Trump administration is reportedly planning to extend the regulatory power of the Commodity Futures Trading Commission to oversee a major portion of the cryptocurrency market. source: https://www.benzinga.com/government/regulations/24/11/42206456/trump-administration-to-reportedly-let-cftc-regulate-bitcoin-ethereum-spot-market-is-the-s?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site

According to Odaily, Oracle Corporation, a leading software development company, has filed a lawsuit against cryptocurrency startup Crypto Oracle LLC and its owner, Louis Kerner. The lawsuit accuses them of resuming activities that infringe on Oracle's trademark rights and blatantly violating a previous settlement agreement. Oracle initially sued Crypto Oracle in 2019, alleging that the company used Oracle's well-known trademark as part of its 'CryptoOracle' brand. This brand was reportedly used to market cryptocurrency-related services to Oracle's own clients and users. Following the lawsuit, both companies reached a confidential settlement, and in 2020, a court issued a permanent injunction prohibiting Crypto Oracle from using the 'CryptoOracle' name or any variations of Oracle's trademarks. However, Oracle now claims that Crypto Oracle and Kerner have resumed using the 'CryptoOracle' name and brand. They are accused of launching new business ventures, maintaining infringing domain names, and organizing events under the 'CryptoOracle Collective' brand. These actions are said to be in violation of the settlement agreement and the court's injunction.

福岡/飯塚をブロックチェーン都市に。「FBA」が目指すこと  福岡県未来ITイニシアティブが、福岡県を拠点にWeb3を活用し事業を行う企業へインタビューをお届けする連載企画。第4回は「FBA（フクオカ・ブロックチェーン・ […] source: https://www.neweconomy.jp/features/fukuoka/434170

A viral AI video reimagines Elon Musk as a Ming dynasty secret agent, blending martial arts and political satire. The clip has gained over 61,000 views on YouTube and 116,100 views on X, receiving praise for its creativity and humour.

MicroStrategy’s BTC strategy could inspire broader adoption, not only among enterprises but potentially at the sovereign level.

As of November 26, 2024, 93 leading institutions hold more than 2.8 million bitcoins worth US$260 billion, accounting for 13.4% of the total bitcoin supply.

The ruling of the U.S. Court of Appeals for the Fifth Circuit overturned the sanctions on Tornado Cash. Influenced by this news, the price of Tornado Cash token TORN soared 486.02% in the past 24 hours, with a trading volume of nearly 10 million US dollars and a 24-hour increase of 15438.18%.

MicroStrategy’s transformation from a troubled software company to a Bitcoin broker has seen its stock price soar. Starting at $2 in 2002, the price has skyrocketed more than 1,000 times to over $2,000 at its peak.

TRON founder Justin Sun has become an advisor to Donald Trump’s crypto venture, World Liberty Financial Inc. (WLFI), after investing $30 million as its largest backer. Was his investment key to securing the role?

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Cryptocurrency taxes, policies, and the ideal choice for digital nomads: Portugal’s crypto asset tax and regulatory system. Golden Finance, this article will analyze Portugal’s tax and regulatory system in detail.