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Canaan Unveils Dual-Purpose Bitcoin Mining Heaters at CES 2025
Canaan introduces innovative Bitcoin mining devices that double as home heating systems at CES 2025. The Avalon Mini 3 and Nano 3S combine crypto mining capabilities with practical utility, offering an energy-efficient solution for home-based mining while addressing accessibility concerns.
Coinbase Secures Crucial Legal Victory as SEC Lawsuit Faces Temporary Halt
Coinbase achieves significant legal win as Judge Failla grants interlocutory appeal in SEC case, pausing district court proceedings. The rare ruling allows Coinbase to challenge SEC's cryptocurrency regulations interpretation at the Second Circuit Court of Appeals.
Germany Plans Multi-Billion Dollar Investment in Ethereum Following Bitcoin Exit
The German government announces plans for a significant investment in Ethereum, marking a strategic shift after a $3.1 billion Bitcoin loss in 2022. This bold move reflects Germany's commitment to blockchain innovation and positions the country as a leader in decentralized finance.
Bitcoin ETF Giants Now Acquiring Crypto 20 Times Faster Than Mining Production
Major ETF issuers are dramatically reshaping the Bitcoin landscape by purchasing BTC at unprecedented rates, now exceeding 20 times daily mining output. Their aggressive accumulation has already secured over 5% of total Bitcoin supply, surpassing even Satoshi Nakamoto's holdings.
Crypto Market Could See Longest Bull Run Ever, Says CryptoQuant CEO
CryptoQuant CEO Ki Young Ju predicts an unprecedented extended crypto bull market as Bitcoin surpasses $100,000 and total market cap hits $3.6T. Industry experts offer varying perspectives on the sustainability of the rally, with some anticipating continued growth while others urge caution.
Ethereum Price Forecast: Analysts Project 62% Growth to $6,000 by 2025
Ethereum's impressive 62.87% yearly growth and current $3,653 price has analysts optimistic about reaching $6,000 by 2025. Key drivers include post-halving performance, increased staking activity, Layer 2 development, and emerging regulatory clarity around DeFi.
Backpack Exchange Acquires FTX EU License, Eyes European Crypto Derivatives Market
Backpack Exchange has secured FTX EU's assets and MiFID II license, planning to launch regulated crypto derivatives trading in Europe by Q1 2025. The strategic acquisition includes managing FTX bankruptcy claims distribution while positioning Backpack as a key player in Europe's underserved regulated crypto market.
Solana DEX Trading Volume Surpasses Ethereum in Historic Market Shift
Solana-based decentralized exchanges have achieved a milestone by surpassing both Ethereum and Base with $3.66 billion in daily trading volume, capturing 40% market share. The unprecedented shift marks the first time in four years that Ethereum has been displaced from its leading position, driven by Solana's efficient transaction processing and growing user adoption.
Federal Reserve's Crypto Skeptic Steps Down: Michael Barr's Exit Signals Regulatory Shift
Federal Reserve Vice Chair Michael Barr, known for his critical stance on cryptocurrencies, announces resignation amid controversy over Operation Chokepoint 2.0. His departure marks a significant change in U.S. financial regulation as investigations into alleged anti-crypto banking restrictions continue.