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Ethereum Ethereum (ETH) $3,790.30 ↓ -0.54%
XRP XRP (XRP) $3.16 ↓ -0.71%
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BNB BNB (BNB) $836.67 ↑ 4.85%
Solana Solana (SOL) $187.72 ↑ 1.07%
USDC USDC (USDC) $1.00 ↓ 0.00%
Dogecoin Dogecoin (DOGE) $0.23 ↓ -1.46%
TRON TRON (TRX) $0.32 ↑ 0.51%
Cardano Cardano (ADA) $0.81 ↓ -1.53%
Hyperliquid Hyperliquid (HYPE) $44.54 ↑ 4.31%
Sui Sui (SUI) $4.10 ↓ -3.32%
Stellar Stellar (XLM) $0.43 ↓ -2.44%
Chainlink Chainlink (LINK) $18.51 ↓ -1.25%
Hedera Hedera (HBAR) $0.27 ↓ -3.93%
Bitcoin Cash Bitcoin Cash (BCH) $582.45 ↓ -2.40%
Avalanche Avalanche (AVAX) $26.37 ↑ 5.61%
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UNUS SED LEO UNUS SED LEO (LEO) $8.96 ↓ -0.28%
Toncoin Toncoin (TON) $3.31 ↓ -1.19%
Shiba Inu Shiba Inu (SHIB) $0.00 ↓ -2.10%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ -0.05%
Uniswap Uniswap (UNI) $10.56 ↓ -0.89%
Polkadot Polkadot (DOT) $4.10 ↓ -1.34%
Monero Monero (XMR) $325.43 ↑ 0.93%
Bitget Token Bitget Token (BGB) $4.63 ↑ 0.93%
Dai Dai (DAI) $1.00 ↓ -0.03%
Pepe Pepe (PEPE) $0.00 ↓ -1.90%
Cronos Cronos (CRO) $0.14 ↑ 0.71%
Aave Aave (AAVE) $292.33 ↓ -1.17%
Ethena Ethena (ENA) $0.65 ↑ 4.31%
Bittensor Bittensor (TAO) $412.31 ↓ -3.34%
NEAR Protocol NEAR Protocol (NEAR) $2.84 ↓ -1.85%
Pi Pi (PI) $0.45 ↑ 1.01%
Ethereum Classic Ethereum Classic (ETC) $22.28 ↓ -2.56%
Ondo Ondo (ONDO) $1.01 ↓ -3.28%
Internet Computer Internet Computer (ICP) $5.68 ↓ -0.05%
Aptos Aptos (APT) $4.74 ↓ -1.39%
OKB OKB (OKB) $48.72 ↑ 1.24%
Bonk Bonk (BONK) $0.00 ↑ 3.97%
Mantle Mantle (MNT) $0.80 ↓ -2.63%
Kaspa Kaspa (KAS) $0.10 ↓ -4.53%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↓ -2.29%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.23 ↓ -1.87%
Algorand Algorand (ALGO) $0.27 ↓ -2.72%
Arbitrum Arbitrum (ARB) $0.45 ↓ -0.31%
GateToken GateToken (GT) $18.03 ↑ 1.39%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↓ -0.01%
Render Render (RENDER) $4.20 ↓ -1.45%
VeChain VeChain (VET) $0.03 ↓ -1.68%
Worldcoin Worldcoin (WLD) $1.16 ↓ -2.01%
SPX6900 SPX6900 (SPX) $2.22 ↑ 6.79%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $9.94 ↓ -2.24%
Sky Sky (SKY) $0.09 ↓ -3.19%
Sei Sei (SEI) $0.33 ↓ -2.78%
Cosmos Cosmos (ATOM) $4.82 ↑ 0.81%
Filecoin Filecoin (FIL) $2.68 ↓ -0.22%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.73 ↓ 0.00%
Jupiter Jupiter (JUP) $0.58 ↑ 1.34%
Flare Flare (FLR) $0.02 ↓ -2.91%
Story Story (IP) $5.67 ↑ 5.18%
Injective Injective (INJ) $15.26 ↑ 0.69%
Quant Quant (QNT) $124.35 ↓ -1.92%
XDC Network XDC Network (XDC) $0.09 ↑ 3.24%
KuCoin Token KuCoin Token (KCS) $11.45 ↓ -0.19%
First Digital USD First Digital USD (FDUSD) $1.00 ↓ -0.06%
Celestia Celestia (TIA) $1.97 ↓ -1.12%
Optimism Optimism (OP) $0.79 ↑ 9.19%
Curve DAO Token Curve DAO Token (CRV) $1.00 ↓ -4.91%
Fartcoin Fartcoin (FARTCOIN) $1.33 ↓ -1.10%
Stacks Stacks (STX) $0.82 ↓ -2.63%
Four Four (FORM) $3.37 ↓ -3.45%
FLOKI FLOKI (FLOKI) $0.00 ↓ -3.19%
Immutable Immutable (IMX) $0.58 ↓ -1.46%
dogwifhat dogwifhat (WIF) $1.09 ↑ 0.90%
Ethereum Name Service Ethereum Name Service (ENS) $29.07 ↓ -6.14%
The Graph The Graph (GRT) $0.11 ↓ -0.87%
PancakeSwap PancakeSwap (CAKE) $3.00 ↑ 7.04%
Kaia Kaia (KAIA) $0.16 ↓ -1.28%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.51 ↓ -4.92%
Lido DAO Lido DAO (LDO) $1.09 ↓ -1.41%
Pump.fun Pump.fun (PUMP) $0.00 ↑ 0.26%
Sonic Sonic (S) $0.33 ↓ -1.95%
Conflux Conflux (CFX) $0.18 ↑ 0.09%
PAX Gold PAX Gold (PAXG) $3,320.47 ↓ -1.04%
PayPal USD PayPal USD (PYUSD) $1.00 ↓ 0.00%
Tezos Tezos (XTZ) $0.87 ↓ -1.26%
Theta Network Theta Network (THETA) $0.90 ↓ -0.35%
Vaulta Vaulta (A) $0.56 ↓ -2.47%
Raydium Raydium (RAY) $3.23 ↑ 5.87%
Nexo Nexo (NEXO) $1.32 ↑ 0.51%
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IOTA IOTA (IOTA) $0.21 ↓ -2.97%
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Gala Gala (GALA) $0.02 ↓ -0.59%
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Home Cryptocurrency

Mining Giant Adds Support For This Altcoin: Sale Tomorrow!

Emma Veress by Emma Veress
26 July 2023
in Cryptocurrency
Reading Time: 2 mins read
0
Mining-Giant-Adds-Support-For-This-Altcoin-Sale-Tomorrow!

China-based cryptocurrency mining equipment manufacturer Bitmain is now preparing to produce mining devices for a new altcoin .

Mining-Giant-Adds-Support-For-This-Altcoin-Sale-Tomorrow2

Table of Contents

Toggle
  • YOU MAY BE INTERESTED
  • $44M Gone in Minutes: CoinDCX Hack Linked to Lazarus Group’s Global Crypto Theft Spree
  • Is Dogecoin Price Ready for a Major Move? Double Bottom Pattern Points to $0.42
      • Bitmain will provide these altcoin miners with new equipment
      • SEC considers Filecoin a security
      • How about the FIL price?

YOU MAY BE INTERESTED

CoinDCX security incident

$44M Gone in Minutes: CoinDCX Hack Linked to Lazarus Group’s Global Crypto Theft Spree

28 July 2025
Dogecoin price

Is Dogecoin Price Ready for a Major Move? Double Bottom Pattern Points to $0.42

28 July 2025
Bitmain will provide these altcoin miners with new equipment

In recent news, the mining hardware manufacturer based in China has introduced support for Filecoin (FIL) . As per their official statement, they will be offering Filecoin mining devices at a price of $38,800 per unit . Starting from tomorrow , miners will have the option to place orders for these new devices . These devices will come with additional benefits specifically designed for staking services.

image 4

Bitmain, a prominent player in the Bitcoin mining equipment manufacturing industry , has taken a notable stride towards expanding its presence in the cryptocurrency sector by venturing into new altcoins .

The exclusive staking service offered by Bitmain will be available solely to investors who purchase their latest devices . In exchange for this service Bitmain will levy a monthly fee of only 0.5%.

SEC considers Filecoin a security

Conversely, the Securities and Exchange Commission (SEC) recently classified Filecoin as a security in a letter addressed to Grayscale . Grayscale has submitted an application to register its Filecoin Trust product with the SEC . The response from the regulatory body asserted that FIL qualifies as a security under federal securities laws.

Grayscale issued a statement acknowledging receipt of the SEC staff’s letter confirming Filecoin’s categorization as a security . However , they expressed their disagreement, stating that they do not believe FIL falls within the scope of federal securities laws . Furthermore Grayscale declined the SEC’s request to withdraw its registration application.

image 5

Nonetheless, it should be noted that the opinions expressed by SEC personnel do not hold official policy status and are merely advisory in nature . The US regulatory body continues to maintain its stringent stance towards the crypto industry  previously classifying Ripple’s XRP token as a security and taking action against other cryptocurrency companies such as Coinbase and Kraken .

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The cryptocurrency sector remains apprehensive about the lack of clarity and potential volatility of SEC regulations . However, SEC Chairman Gary Gensler asserts that the regulatory guidelines are clear-cut . Consequently the recent legal victory by Ripple on July 13 has provided an advantageous position for coins like Filecoin that have been under scrutiny by the SEC.

How about the FIL price?

This week, Filecoin finds itself in a familiar situation once more . Starting from mid-June, FIL has been following an ascending triangle pattern, consistently forming higher lows while maintaining the same highs . Presently, it is being traded around the $4.45 mark, experiencing a 3.5% increase for the day . On the other hand, Bitcoin reached a new peak on July 13 ; however, its current momentum appears to be waning as it retreats back to the $30k range at the time of writing.

Previous Post

Michael Sonnenshein Net Worth: Leading the Way in Crypto Investments as CEO of Grayscale

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Marco Santori Net Worth: Pioneering the Future of Crypto Law and Expansion

Emma Veress

Emma Veress

Finance Writer Hello there! My name is Emma, and I'm a daily breaking news journalist covering finance, economics, and crypto on a global scale. I graduated from Eötvös Loránd University with a degree in Communication and Media Studies MA, where I gained a passion for storytelling and analysis. As a journalist, I'm dedicated to providing my readers with accurate and timely news on financial and economic events happening around the world. I believe that by delivering high-quality journalism, I can help people make informed decisions about their finances and investments.

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