NASHVILLE, February 6, 2024 – HIVE Digital Technologies Ltd (NASDAQ: HIVE) and Bitcoin Magazine announce “FUD Fighters”, a new initiative centered around education on the many false narratives articulated by critics of Bitcoin. The “FUD Fighters” series will consist of four in-depth research articles written by industry experts to counter erroneous, biased and misinformed narratives […]
Doge’s trading has entered a crucial support zone after witnessing several losses in the past months. Amid the latest volatility shrink on the daily chart, it appeared to be preparing for a big expansion. The leading meme coin – Doge has halted selling for the past couple of days as it briefly gathers liquidity for […]
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Robinhood Markets (Nasdaq: HOOD) announced yesterday (Tuesday) the integration of Robinhood Connect with MetaMask, the self-custodial web3 wallet owned by Consensys. According to the company, the integration will “reduce friction for users seeking access to a self-custodial option.” Easing Web3 Access Robinhood launched Robinhood Connect in April 2023, allowing its customers to fund Web3 wallets […]
On Tuesday, the Solana blockchain experienced a major outage that stopped the network’s mainnet operations for approximately 5 hours. The outage raised concerns about the blockchain’s stability and security as the incident became the 11th of the kind in the last 2 years. Kicking Solana When It’s Down? On February 6, the Solana blockchain network […]
A settlement between defunct crypto lending company BlockFi and the collapsed hedge fund Three Arrows Capital (3AC) was approved by a US bankruptcy court on February 7. The specific terms of the settlement, though, remain confidential. According to the official document, the approval effectively resolved any counterclaims between the parties. Judge Kaplan of the New […]
“It's clear that the cryptocurrency market is growing once again.” CoinLedger CEO David Kemmerer said in a statement. “After the collapse of FTX, the …
Today, Citrea Team unveils Citrea, the inaugural ZK Rollup designed to elevate Bitcoin’s blockspace capabilities through zero-knowledge technology. Departing from traditional scalability solutions that move security and demand off-chain, Citrea introduces an approach to scale Bitcoin comprehensively with zero-knowledge proofs, ensuring on-chain verifiability and data availability within the Bitcoin network. This positions Citrea as one […]
TL;DR Dymension’s Mainnet goes live, aiming to add an additional dimension to the Interchain through modular rollups. Its Hub is focused on ensuring the economic security of the ecosystem, establishing a decentralized network of validators, and ensuring the optimal operation of the network through IBC and bridges. They will progressively introduce RollApps to the Mainnet, […]
TL;DR CleanSpark Inc., a prominent Bitcoin miner, has announced a strategic plan to double its operating hash rate from 10 EH/s to an estimated 20 EH/s in the first half of 2024. The company’s plan involves the acquisition of four new mining facilities, three in Mississippi and one in Dalton, Georgia. Following the announcement, there was a notable increase […]
Northern Territory residents have been urged by police to watch their online activity with crypto scams on the rise. One NT resident lost nearly $5M in crypto in 2022, although the exact details were not outlined. Experts argue that crypto is not the sole culprit, while it is often used as a payment method bank […]
Bitcoin maximalist Samson Mow has commented on recent interview of Fed Chairman Jerome Powell
B2C2, a cryptocurrency market-maker owned by Japan’s SBI Holdings, has expanded its presence in continental Europe by registering as a virtual asset service provider (VASP) in Luxembourg. It has become the 12th company to receive the crypto registration in the country. Paving the Way into the EU The authorization by the country’s Commission de Surveillance […]
Software company Microstrategy bought another $37 million worth of Bitcoin, bringing its unrealized profit to $37 million. Microstrategy Now Holds This Much In Unrealized Bitcoin Gain Michael Saylor, the founder and chairman of Microstrategy, has announced in an X post that the firm purchased an additional 850 BTC at $37.2 million in January, which was recently […]
Bonk appeared to be resuming bearish correction again after staying calm for a week. A clear break below the key $0.00001 support level may trigger a huge drop. Selling pressure appears low at the moment. After correcting by more than 30% to $0.0000093 earlier this year, Bonk bounced and found support above the $0.00001 level. […]
Cryptocurrency analyst and trader Ali Martinez says hundreds of thousands of Ethereum (ETH) are leaving crypto exchanges as holders accumulate the native asset of the leading smart contract protocol. Martinez tells his 43,400 followers on the social media platform X that Ethereum potentially is facing a decline in selling pressure after the crypto asset recorded […]
A closely followed crypto analyst thinks that Bitcoin (BTC) could start its pre-halving rally as soon as next week. Pseudonymous analyst Rekt Capital tells his 395,800 followers on the social media platform X that Bitcoin is about to enter its pre-halving rally phase based on historical data. According to the analyst, historical data suggests that […]
Cryptocurrency operates on a decentralized network, making peer-to-peer transactions quicker than a fastball. This freedom and autonomy give bettors a …
You may have noticed a new trend on bitcoin twitter lately, people changing their profile pictures to some form of a Reuben sandwich. I am going to explain what this means, why you should care and why you should consider also becoming a Reuben sandwich. First I must address something important, the Rubin’s Reubens images […]
On February 6, Monero (XMR), a privacy and security-focused token, saw its price drop after Binance, one of the largest crypto exchanges, announced its delisting in the following weeks alongside another three tokens. Monero (XMR) To Be Delisted This Month Binance recently announced the delisting and cease of all trading activity of Aragon (ANT), Multichain (MULTI), […]
Bitcoin-bullish software company MicroStrategy (MSTR) increased its Bitcoin position again in January, bringing its total holdings to an even 190,000 BTC. Michael Saylor, the executive chairman of the company, said on Tuesday that the company acquired another 850 BTC in January for $37.2 million. That’s an average price of $43,764, slightly above today’s trading price […]
According to Elon Musk’s AI product, XRP cryptocurrency can be turned into stablecoin
The South Korean government has taken decisive action to safeguard the interests of cryptocurrency investors with the enactment of the Virtual Asset Users Protection Act, announced by the Financial Services Commission (FSC) today (Wednesday). Financial Services Commission Unveils Virtual Asset Users Protection Act The new law, slated to take effect on July 19, 2024, marks […]
TL;DR Helix launches the first on-chain market for the Japanese Yen (JPY) in collaboration with Cables Finance. The Japanese Yen is the third most traded currency globally, with a daily average volume of $1.2 trillion. The on-chain JPY market launch is the first of many developments in decentralized finance, opening the door for more innovations […]
Dymension (DYM), a newly launched blockchain platform for deploying RollApps and revolutionising decentralised application infrastructure, has surged over 30% in 24 hours. DYM went live with a significant airdrop of nearly USD $400m to wallets, focusing on play-to-earn gaming and DeFi. Dymension (DYM) has gained over 24% in the past 24 hours and takes the […]
Investor Steve Eisman, who took short positions against the housing market leading up to the 2008 crisis, believes that it would be ill-advised for the Fed to start cutting interest rates. In a new CNBC interview, Eisman says the US economy looks solid on the back of healthy consumer spending. According to the “Big Short” […]
A leading crypto analytics firm says that the number of wallets holding Dogecoin (DOGE) is increasing like never before. Santiment says on the social media platform X that the count of wallets holding DOGE is soaring at the fastest rate in the history of the dog-themed memecoin. “Dogecoin’s value is -23% since its top on […]
Solana has turned slightly weak since it rejected the $106 level in late January, although the trend remains bullish on the higher timeframe. A bounce above last month’s low could fuel an increase. Otherwise, it may break down. The recent indecisiveness in the market has made Solana’s next move unpredictable. The price has been fluctuating […]
One cryptocurrency that has recently caught the attention of the crypto community is Retik Finance (RETIK). This article explores the remarkable …
Just one day after the January 11 approval of 11 Bitcoin spot ETFs – including BlackRock’s iShares Bitcoin Trust (IBIT) – by the U.S. Securities and Exchange Commission, BlackRock Chair and CEO Larry Fink sat down with Bloomberg’s David Westin to discuss the implications of the world’s largest asset manager entering the Bitcoin market. Not […]
Bitcoin price is consolidating above the $42,500 support zone. BTC could gain bullish momentum if it clears the $43,500 resistance zone. Bitcoin price is still struggling to clear the $43,400 and $43,500 resistance levels. The price is trading above $42,500 and the 100 hourly Simple moving average. There is a key rising channel forming with […]
BONE saw significant price spike as well, reaching highs of $0.567