The investment is expected to help the firm top $300 million in revenue and produce 2% of the Bitcoin network’s total hashrate. Competition Among Miners Intensifies as Bitcoin Inches Towards $100K Canadian-based Bitcoin mining firm Hive Digital Technologies (Nasdaq: HIVE) has purchased 13,480 mining units from Chinese-based manufacturer Bitmain with an option to purchase 13,480 […]
Bitget, a cryptocurrency exchange, has introduced BitEXC, a trading platform tailored for the Vietnamese market. Vietnam is now the second-largest country globally in terms of cryptocurrency ownership, with approximately 21.2% of its population holding digital assets. BitEXC aims to serve this expanding user base by offering a platform that meets local preferences and adheres to […]
Safenet aims to be a layer connecting existing blockchains and allow users to interact with any chain through a single account.
The meme coin market is buzzing like never before. With Bitcoin’s recent rally igniting fresh investor optimism and altcoins following suit, it seems like everyone’s hunting for the next big thing. Among these digital jokesters, meme coins are stealing the spotlight yet again. With several presales underway, investors are eyeing the best meme coin presale […]
Retail cryptocurrency trading in South Korea has reached new heights, surpassing the country’s stock market by $4 billion in just 24 hours. The increase was driven by major trading activity in several altcoins, including Ripple’s XRP, Dogecoin (DOGE), Stellar (XLM), Ethereum Name Service (ENS), and Hedera (HBAR). South Korea’s Retail Crypto Trading Hits $18 Billion […]
$60,000 in Cryptocurrency Stolen from Hacked Binance Account. On November 26, Sgt Mark Panzano met with the victim of theft and fraud at their …
Binance Coin (BNB), the native cryptocurrency of the Binance blockchain, has officially entered a new price discovery phase, recently reaching an all-time high of $774 late Tuesday. This significant milestone reflects a broader trend in the cryptocurrency market, where attention has shifted from Bitcoin (BTC) to altcoins like BNB and XRP, both of which have […]
Billionaire BitMEX founder Arthur Hayes says Bitcoin (BTC) has the potential to blow way past $100,000 on the back of worldwide money printing. In a new interview posted to Blockmedia, Arthur Hayes says he believes BTC will eventually reach $1 million in value in the next five years. “I’ve been on record many times saying […]
A widely followed analyst is leaning bullish on layer-1 blockchain Avalanche (AVAX) while offering his forecast for the flagship memecoin Dogecoin (DOGE) and interoperable chain Polkadot (DOT). The analyst pseudonymously known as Rekt Capital tells his 518,000 followers on the social media platform X that Avalanche witnessed a strong November. “Avalanche performed a historically bullish […]
For centuries, self-custody has symbolized financial autonomy, enabling individuals to secure their wealth—from gold to cash—without intermediaries. Bitcoin extends this principle into the digital realm, offering a censorship-resistant, decentralized way to hold assets. Yet, upcoming European regulations under the Markets in Crypto-Assets Regulation (MiCA) and the Transfer of Funds Regulation (TFR) threaten to complicate self-custody […]
Roger Ver argued that the IRS’ exit tax for renounced US citizens with over $2 million in assets is unconstitutional and “impermissibly vague.”
TL;DR Revival of Decentralized ICOs: Arthur Hayes, co-founder of BitMEX, calls for a return to decentralized ICOs to empower retail investors and challenge the dominance of venture capital firms and CEXs. Critique of Current Crypto Landscape: Hayes criticizes the influence of VCs and CEXs, arguing that they push projects toward inflated valuations and undermine the […]
Donald Trump’s threats of 100% tariffs on BRICS imports could double U.S. prices for essentials and accelerate a global shift away from the dollar, an economist warns. Trump’s BRICS Tariffs: Economist Predicts a Backlash Against the US Dollar French economist Jacques Sapir has weighed in on U.S. President-elect Donald Trump’s threats to impose 100% tariffs […]
An AI startup founder was approached by some investors, claiming to have ties with multiple billionaire families, with an offer of a massive investment. Although they were very convincing, the startup founder ended up losing about $50,000 only to realize that he was duped by an alleged organized scammer group. According to Dr Daniel Veidlinger, […]
The memecoin MOODENG on Solana soared over 90%, trading at US$0.65, after Coinbase announced plans to list it. Other memecoins like GOAT and PNUT also experienced smaller price increases following the announcement MOODENG is highly speculative and faces limited liquidity, with only US$81,000 in market depth on OKX. Moo Deng (MOODENG), the new rising memecoin […]
Meme coins have been the heartbeat of the crypto world, captivating audiences with their unique blend of humour and potential financial upside. In December 2024, all eyes are on three standout projects: BTFD Coin, Baby Doge Coin, and Notcoin. Each brings its own flavour to the meme coin universe, from game-changing presale stats to charitable […]
RTFKT, the creators of non-fungible token (NFT) sneakers and avatars acquired by Nike in 2021, has announced its closure. The firm revealed in a December 2 post on X that it will wind down operations by January 2025. Final Collection and Legacy Tribute “Today, we’re announcing the plan to wind down RTFKT operations,” the post […]
More chances introduced to cryptocurrency market
Here are the top 3 cryptocurrency tokens that one should stock as these tokens may surge after Donald Trump assumes the presidential role.
The chief executive of blockchain intelligence platform CryptoQuant says a structural shift in the accumulation of Bitcoin (BTC) is the culprit behind a delayed altseason. On-chain analyst Ki Young Ju tells his 379,400 followers on the social media platform X that the primary drivers of the current Bitcoin rally are entities not interested in loading […]
Developers working on the XRP Ledger have agreed on major changes to the XRPL in response to the blockchain’s recent surge in popularity. According to developer WietseWind on the social media platform X, XRPL Labs changed the configuration of its validator last month to lower fees and reserve requirements in anticipation of rising activity on-chain. […]
Cardano (ADA) was up 16% today and touched $1.28. The cryptocurrency had its biggest 24-hour gain in the last month, which boosted its market capitalization to $44.7 billion. Now, investors have begun talking about whether this momentum can be sustained, or if the rally has just been a temporary burst. Cardano has gained a remarkable […]
The public discussion around scaling in the last few years has become poisoned and captured by an incredibly toxic and defeatist attitude: “Why bother?” “Why bother trying to scale? Basic napkin math shows it’s impossible no matter what we do for everyone to self custody.” “Why bother trying to scale? People are stupid and lazy […]
Grayscale joins rivals 21Shares, Canary Capital, VanEck and Bitwise in filing for a Solana ETF in the US.
Former Celsius CEO Alex Mashinsky pleaded guilty to commodities fraud and a fraudulent scheme to manipulate the price of Celsius’s native token, facing up to 20 years in prison. Arrested in 2023, Mashinsky was accused of defrauding customers by misrepresenting Celsius’s financial health to secure crypto deposits and sustain the platform’s services. Celsius, a crypto […]
Recent political developments in the US pushed crypto market to unprecedent levels with Bitcoin recently reaching an all-time-high of $99K. However, the developing political chaos in South Korea is reversing some of these gains. The country plunged into political chaos today (Tuesday) when President Yoon Suk Yeol declared emergency martial law. The Head of state […]
TL;DR Bernstein highlights that the potential approval of an Ethereum ETF with staking in the U.S. could raise staking yields from 3% to 4-5%. Inflows into ETH ETFs have surpassed those of BTC since November, reflecting greater confidence in ETH’s supply and demand dynamics. Ethereum leads in Total Value Locked (TVL) with $89 billion. Bernstein, […]
TL;DR Upbit has experienced a temporary disruption in its services due to an unexpected increase in user traffic, affecting its app and API. The high demand is due to recent volatility in the crypto market, but Upbit assures that users’ funds remain safe. The platform is working to restore full functionality, although no date has […]
“Federal bureaucrats in Washington have no authority to dictate to States how they should interact with cryptocurrency, nor do they have the power …
ARK Invest founder Cathie Wood is reportedly predicting massive growth for innovative companies after US President-elect Donald Trump takes office next month. In a new interview with CNN’s Inside Politics, Wood says Trump will likely usher in more business-friendly regulations for artificial intelligence (AI), digital assets and other tech-related businesses, causing them to flourish. “In the […]
Even as Bitcoin climbs to sky-high prices, Michael Saylor remains unfazed. MicroStrategy just added another 15,400 BTC at an average price of US $95,976. This brings MSTR’s portfolio to over 402k Bitcoins, boasting a profit of over US $15b. Saylor plans to bring his Bitcoin-or-nothing strategy to Microsoft, arguing the tech giant should begin buying […]