An investor has sold a CryptoPunk non-fungible token (NFT) at a nearly $10 million realized loss, reflecting the continued decline in the once-booming blue-chip NFT market. A whale, or large cryptocurrency investor, sold a CryptoPunk NFT for 4,000 Ether (ETH) worth more than $6 million at the time of writing. The investor originally purchased the
Key takeaways Lottery mining is cheap and fun, but don’t count on hitting a block. Solo ASIC mining gives you complete control, but it’s a long-odds game. Pool mining is the most practical way to earn steady payouts at home. Cloud mining saves you the hassle but usually isn’t worth the cost. Bitcoin is rapidly
Bitcoin remains on track to surpass $1.8 million by 2035 despite recent price corrections and waning investor appetite caused by ongoing global trade tensions, according to Joe Burnett, director of market research at Unchained. Speaking during Cointelegraph’s Chainreaction live show on X, Burnett said that Bitcoin is still in a long-term bullish cycle and could
The US Securities and Exchange Commission (SEC) and crypto exchange Binance have asked a US federal judge for an additional two-month pause in their nearly two-year legal battle. “Since the Court stayed this case, the Parties have been in productive discussions, including discussions concerning how the efforts of the crypto task force may impact the
Tron founder Justin Sun says he’s unaware of the recent rumors surrounding former Binance CEO Changpeng “CZ” Zhao, following reports alleging that Zhao provided evidence against him as part of his plea deal with the US Department of Justice (DoJ). “I’m not aware of the circulating rumors. CZ is both my mentor and a close
A fast-tracked temporary crypto regulatory framework could bolster innovation within the US crypto industry while permanent regulations are still in the works, says acting US Securities and Exchange Commission (SEC) chair Mark Uyeda. “A time-limited, conditional exemptive relief framework for registrants and non-registrants could allow for greater innovation with blockchain technology within the United States
Solana (SOL) price is outperforming the crypto market on April 11, up 7.45% over the last 24 hours to trade at $121. SOL/USD daily chart. Source: Cointelegraph/TradingView Let’s take a closer look at the factors behind Solana’s rally today. Renewed SOL ETF approval optimism Solana price appears to be benefitting from a broader market bounce
Draft legislation in the US Senate threatens to hit data centers serving blockchain networks and artificial intelligence models with fees if they exceed federal emissions targets, according to an April 11 Bloomberg report. Led by Senate Democrats Sheldon Whitehouse and John Fetterman, the draft bill purportedly aims to address environmental impacts from rising energy demand
The Lomond School in Scotland will accept Bitcoin (BTC) tuition payments beginning in the Autumn semester of 2025, making it the first school in the United Kingdom to do so. Accepting Bitcoin is part of the school’s plan to integrate “sound money principles” from the Austrian School of Economics into the curriculum to “prepare students
Ripple made headlines this week when it became the first crypto-native company to acquire a multi-asset prime broker, potentially setting the stage for wider adoption of its XRP Ledger technology. The acquisition of Hidden Road didn’t come cheap, either, as Ripple doled out $1.25 billion for the brokerage. It was a price Ripple CEO Brad