Bitcoin miners’ daily revenue per unit of computing power falls 8.7%

Bitcoin surged more than 5% from its election-night low to reclaim $80,000 for the first time since Binance's record hack. The cryptocurrency extended its recovery from approximately $75,600 on Wednesday, shaking off concerns that Democrats' takeover of Congress would undermine President Donald Trump's crypto-friendly agenda. According to CoinGlass data, this rally liquidated $453.32 million in… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next.

SEC staff said they view Canton Coin as a digital commodity and won’t recommend enforcement over how it’s minted, a week after DTCC launched a tokenization service that runs partly on the Canton Network.

Bitcoin Magazine Jack Dorsey’s Block (XYZ) Sets Aside $764 Million for DOJ Settlement as Bitcoin Profit Halves Block agreed in principle to a $764 million deferred-prosecution deal over anti-money-laundering failures at Cash App, a sum that exceeds its $566 million Q3 profit, while bitcoin gross profit fell 50% after the company cut trading fees. This post Jack Dorsey’s Block (XYZ) Sets Aside $764 Million for DOJ Settlement as Bitcoin Profit Halves first appeared on Bitcoin Magazine and is writt

Circle is looking to payments fees and future staking rewards to diversify revenue as its core stablecoin business faces pressure from lower yields and growing competition.