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The Venezuelan government reiterated a nationwide ban on cryptocurrency mining as the country faces an energy crisis, with demand rising to record levels. Authorities attributed this peak in consumption to the economic growth and an ongoing heat wave. Venezuela Reiterates Crypto Mining Ban, Says Illicit Mining Activities Will be Sanctioned Cryptocurrency mining, as an energy-intensive […]

Telegram becomes TON's largest validator and Toncoin rallies 100% as Pavel Durov pushes the takeover toward billion-user adoption.
The post Telegram’s TON Could Become the World’s Biggest Retail Blockchain After Explosive 100% Surge appeared first on BeInCrypto.

BMNR stock price trades at $22.00 after a 4% drop on May 7, sliding alongside the broader crypto-treasury complex as chairman Tom Lee signaled BitMine may slow its Ethereum accumulation pace. The stock sits within an ascending channel that appears bullish on the surface, but multiple flow and positioning signals suggest a deeper test is
The post BitMine Stock Faces Risk as Tom Lee Cools on Ethereum Buying appeared first on BeInCrypto.

Labour's local election losses may weaken Starmer's leadership, potentially altering UK political dynamics and party strategies.
The post Labour faces leadership questions after local election losses appeared first on Crypto Briefing.

Ethereum is experiencing a notable shift in derivatives positioning as high-leverage long positions decline sharply across the market. The reduction suggests that many overly aggressive bullish trades have either been closed voluntarily or forced out through recent liquidation events. Could Ethereum Be Preparing For A Short Squeeze Next? Crypto investor and data analyst known as CW on X pointed out that Ethereum is going through a significant deleveraging phase as high-leverage long positions continue to decline significantly across the market. At the same time, short positions have increased slightly, indicating that the market is not yet heavily crowded on the bearish side.  Related Reading: Ethereum Shows Strength With $1 Billion In Buying Despite Hawkish Fed The ...

AI centralization risks mirror past financial crises, threatening freedom and driving demand for decentralized solutions.
The post Daniil Liberman: Control of AI infrastructure threatens human freedom, equitable access is essential for autonomy, and the historical battle between decentralization and centralization mirrors today’s tech landscape | The Peter McCormack Show appeared first on Crypto Briefing.

Escalating tensions in the Strait of Hormuz could destabilize global oil markets and increase the likelihood of broader military conflicts.
The post Iran claims strikes on US destroyers in Strait of Hormuz amid rising tensions appeared first on Crypto Briefing.