Block’s Proto Rig and Proto Fleet aim to reduce upgrade costs and extend rig lifespans, giving miners a potential edge in a capital-intensive, increasingly AI-integrated industry.
Cryptocurrency News
Jack Dorsey’s Block targets 10-year lifecycle for Bitcoin mining rigs [cointelegraph]
Block’s Proto Rig and Proto Fleet aim to reduce upgrade costs and extend rig lifespans, giving miners a potential edge in a capital-intensive, increasingly AI-integrated industry.
Solana could hit $250 in August, but Remittix aims to push past 1,000% gains with CEX reveal [btcmanager]
Solana eyes $250 in August, while Remittix quietly gains traction with cross-border crypto payment solutions. #partnercontent
Ether price prediction markets bet ETH will hit $5K by end of August [cointelegraph]
ETH traders and bets on Polymarket predict that Ether price will hit $5,000 before the end of August.
Dow slips amid hotter than expected PPI inflation data [btcmanager]
Stocks traded lower at open on Thursday, with the Dow Jones Industrial Average falling nearly 200 points as the market reacted to a hotter-than-expected inflation report. The Dow Jones Industrial Average declined nearly 200 points, or about 0.4%, as Wall…
Cardano price Elliott wave suggests a rally as key metric at ATH [btcmanager]
Cardano price jumped to the highest point this year, and a forming Elliott Wave pattern points to more upside as its stablecoin growth accelerates. Cardano (ADA) soared and briefly crossed the key resistance level at $1 as the crypto industry…
Google clarifies that self‑custodial crypto wallets are safe on Play Store [btcmanager]
Google backed down from banning non-custodial crypto wallets from its platform
Vietnam state-run Military Bank partners with Dunamu to launch crypto exchange [cointelegraph]
Military Bank, a Vietnamese state-controlled lender, has partnered with the parent company of South Korea’s Upbit exchange, Dunamu, to develop a cryptocurrency exchange.
Ethereum ETF inflows jump $729m, surpass Bitcoin ETFs [btcmanager]
U.S.-listed exchange-traded funds tracking Ethereum have logged another day of strong inflows as institutional demand shows no signs of cooling. Ethereum ETFs recorded $729 million in inflows in their latest trading session on August 13, according to SoSoValue data. BlackRock’s…
Google Play’s new rules now put more regulatory burden on custodial crypto wallets [btcmanager]
Google is imposing stricter licensing rules on cryptocurrency apps in its Play Store, a move that experts say hands more control to Big Tech platforms. Google is tightening its rules for cryptocurrency apps in the Play Store, introducing licensing requirements…