News - Page 288 of 296

February 18, 2025
Crypto News

Rosseti Hit by $14.2M Loss Amid Surge in Underground Crypto Mining

Moscow, Russia – Russian energy provider Rosseti has reported a significant financial loss of 1.3 billion rubles ($14.2 million) in 2024 due to illegal cryptocurrency mining operations across multiple...

February 18, 2025
AI

Baidu Faces Revenue Drop Amid Rising AI Rivalry in China

(Bloomberg) – Baidu Inc. reported a smaller-than-expected revenue drop for the fourth quarter, easing concerns that its core businesses in internet search and artificial intelligence are faltering under growing...

February 18, 2025
Blockchain, Crypto News

Bitcoin Falls Below $95K: Key Catalysts for a Potential Rebound

Bitcoin (BTC/USD) has dipped below $95,000, extending its recent downtrend as traders await key catalysts that could determine the next major price move. With the cryptocurrency market showing signs...

February 18, 2025
Blockchain, Crypto News

Bullish Signs for XRP: Market Trends Hint at a Potential Upswing

After a period of prolonged consolidation, XRP’s price action is showing bullish signs, with technical indicators suggesting further upside. Analysts from Singapore-based blockchain firm Matrixport highlight favorable conditions for...

February 18, 2025
Crypto News

Crypto Sniping Explained: How It Affects Market Volatility

The term crypto sniping has gained attention recently, especially in discussions surrounding the LIBRA collapse and meme coins inspired by Changpeng “CZ” Zhao’s dog. This high-speed trading strategy, often...

February 18, 2025
Crypto News

Ben Chow Steps Down as Meteora Co-Founder Amid LIBRA Scandal

Ben Chow, co-founder of Solana-based decentralized exchange Meteora, has resigned following allegations that he privately received or managed LIBRA tokens. The resignation comes amid a growing controversy surrounding the...

February 18, 2025
Crypto News

Javier Milei Under Fire for Alleged Cryptocurrency Fraud in Argentina

Argentina’s President Javier Milei is under scrutiny as a federal judge has been assigned to investigate his involvement with the $LIBRA cryptocurrency, following allegations of fraud. The controversy erupted...

February 18, 2025
Crypto News

XRP Slips Under Key $2.72 Level Amid SEC Scrutiny of Musk’s DOGE Involvement

XRP fell below the key $2.72 level, facing increased volatility amid news that Elon Musk’s Department of Government Efficiency (DOGE) is shifting its focus toward the Securities and Exchange...

February 18, 2025
Crypto News

ESMA Proposes Competency Rules for Crypto Firms, Invites Public Consultation

The European Securities and Markets Authority (ESMA) is inviting public feedback on newly proposed knowledge and competency standards for crypto service providers. The regulator outlined these standards in a...

February 17, 2025
Crypto News

Bitcoin’s Long-Term Rally to $1M Persists Amid Growing Memecoin Hype

Bitcoin adoption and price momentum remain strong despite the recent shift in market attention toward memecoins, according to Bitwise CEO Hunter Horsley. His bullish stance predicts that Bitcoin is...