🔥TRENDING CRYPTO NEWS:
- Cryptocurrency mining rig manufacturer Bitmain has stirred discussions within the Monero community with its announcement of the upcoming Antminer X5, a specialized machine designed for mining Monero (XMR). Featuring a hashrate of 212 kilohash per second (KH/s), the Antminer X5 highlights Monero's well-known opposition to application-specific integrated circuits (ASICs) and has triggered debates within the community regarding the potential impact of the new XMR ASICs. While some community members remain optimistic that they can counter ASIC development through hard forks, others emphasize the challenges of designing mining algorithms and achieving complete ASIC resistance.
- London-based money manager Jacobi Asset Management has launched a Bitcoin exchange-traded fund (ETF) with an ESG label, raising questions among environmental experts. The Jacobi FT Wilshire Bitcoin ETF (Ticker: BCOIN NA) carries the designation of an Article 8 fund under EU regulations, requiring it to "promote" ESG criteria. The Article 8 fund category has grown to cover around $6 trillion of assets across multiple financial products, according to Bloomberg Intelligence estimates.
- BitBoy Host Ben Armstrong Removed Amid Allegations, $BEN Price Plummets.
According to CoinGecko, following the news of BitBoy host Ben Armstrong being removed from the company, the price of the associated token, $BEN, has dropped by 55%.
$XMR $BEN