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Paraguay’s Electricity Authority Requests Higher Rates for Crypto Miners, Partial Veto of Mining Legislation
“On that point we believe that \[the cap] has to respond to a cost structure so that it is viable for the installation of electric power supply,” Sosa said, adding that he wants mining companies to pay their tariffs in advance in U.S. dollars, with an annual readjustment in that currency.
Want Stocks With NFT Exposure? This ETF Has You Covered
New York-based Defiance ETFs is launching an exchange-traded fund (ETF) focused on non-fungible tokens (NFTs), according to a press release sent to CoinDesk.
FiCAS Subsidiary Bitcoin Capital Lists Actively Managed Bitcoin, Ethereum ETPs in Switzerland
Bitcoin Capital, a subsidiary of Zug, Switzerland-based investment manager FiCAS, has listed actively managed exchange-traded products (ETPs) offering exposure to bitcoin and ether on the SIX Swiss Exchange.
Bitfarms Mined 339 Bitcoin in November as Network Difficulty Increased
Bitcoin mining company Bitfarms said it mined 339 bitcoins in November, down from 343 in October, as network difficult increased.
El Salvador Buys 100 More Bitcoins as Crypto Market Falls
The government of El Salvador bought 100 more bitcoin, President Bukele tweeted on Friday, while the price of the largest crypto currency by market-cap fell near $54,000.
Crypto: The Gift That Keeps On Giving (to Charity)
Manuel Gonzalez Alzuru, a co-founder of a soon-to-launch non-fungible token (NFT) marketplace, says he is “doin’ good,” with a smile and a nod over a video call. “It never gets old saying that.” His platform, boyishly named DoinGud, is what Alzuru calls a “prosocial” experiment – a way to funnel some of the massive profits generated by the emergent NFT economy to worthy causes.
Bitcoin Held Support at $53K, Faces Initial Resistance Around $60K
Bitcoin (BTC) is holding support above its 100-day moving average, which is currently at $53,700. The cryptocurrency was trading around $57,000 at press time and could see further upside toward the $60,000 resistance level over the short term.
Turkey Makes the Case for Bitcoin as Erdogan Runs the Autocrat’s Inflation Playbook
Bitcoin trading volumes are rising in Turkey as the increasingly authoritarian government there goes diligently about the work of setting its currency, the lira, on fire.
Public Banking vs. Open-Source Money: What Omarova for OCC Means
Brian Quintenz, former commodities regulator and friend to the crypto industry, weighed in today on the confirmation process to elect a new Comptroller of the Currency. Taking the stand today in a U.S. Senate hearing is Saule Omarova, a controversial pick for the seat due to her professed support for public banking and skepticism of some corners of private finance.