TL;DR NiceHash and Marathon Digital Holdings collaborate to launch a custom firmware designed to optimize Bitcoin ASIC miners. The firmware includes features such as auto-tuning, customizable cooling profiles, and thermal protection, promising to enhance ASIC device efficiency. Available through platforms like ASIC Manager and Foreman, the firmware offers a fee of 2%, reduced to 1.4% […]
Blockchain technology is poised to reshape the financial world, and Ripple is at the forefront of this transformation, with its XRP Ledger pushing the boundaries of what’s possible. Amid the vibrant energy of the XRP Ledger Apex 2024, an exclusive interview with Markus Infanger, VP of Product at Ripple, shed light on the company’s pioneering […]
Cryptocurrency analyst and trader Ali Martinez is expressing bullish sentiment on one smart contract-enabled blockchain while updating his outlook on Bitcoin (BTC) and Lido DAO (LDO). Martinez tells his 63,900 followers on the social media platform X that the Tom DeMark (TD) Sequential indicator is flashing an opportunity for a long entry on the four-hour […]
A widely followed crypto analyst believes Bitcoin (BTC) remains in a historic consolidation phase and predicts a massive breakout within months. Pseudonymous crypto trader Rekt Capital tells his 476,600 followers on the social media platform X that Bitcoin’s consolidation phase could last another three months based on historic precedent. “Bitcoin has been consolidating inside this […]
The price of $CRV plummeted by up to 34% within three hours following the news that Curve Finance founder Michael Egorov had been liquidated. On-chain data reveals several critical points about the situation. The $CRV price dropped up to 34% (3H) after the news of the #Curvefi founder (Michale Egorov) being liquidated broke out! Here […]
Thailand's SEC has taken action against cryptocurrency exchange Zipmex, revoking its operating licenses after months of regulatory scrutiny.
Despite the dominant bearish trend in the market, the well-known meme-based cryptocurrency Dogecoin (DOGE) is making an effort to recover. This unanticipated upward trend occurs even though sentiment and general market conditions are still primarily negative. Traders and investors are keeping a careful eye on the situation as DOGE attempts to make up some lost […]
The meme coin market is in a tailspin, with prices crashing across the board. However, one project is bucking the trend. PlayDoge (PLAY), the nostalgic gaming token, has now raised over $4.2 million in its ongoing presale as retail investors pile in. Meme Coin Mania Cools as Market Turns Red It’s been a gloomy week […]
As Bitcoin is increasingly integrated into the economy, investors are recognizing the importance of scalability. Bitcoin investors are particularly interested in the potential of this digital asset to transform not only retail establishments and personal finances but also the goings-on of large institutions. From the financial to technology sector, Bitcoin is a novel domain that […]
Greenpeace alleges that Wall Street titans such as BlackRock and Vanguard contribute to the environmental harm coming from Bitcoin mining.
Pav Hundal and Ted Coaldrake from Swyftx sat down for their Tapping Into Crypto podcast to discuss the current state of the market. Bitcoin has fallen 5% over the past week, with volatility due to changing cash rates and increased liquidity a potential catalyst. Altcoins have had a mediocre 2024 to date, with all but […]
GPU-as-a-service provider, Aethir, is leveraging the Ethereum network to offer its product to a variety of potential users. The company plans to aid artificial intelligence developers by allowing them to use idle GPU resources from participants. This is a form of decentralised physical infrastructure (DePIN), which is playing a major role in blockchain’s evolution into […]
TL;DR The cryptocurrency market has seen significant volatility, with major assets experiencing price drops, but one Solana-based meme coin surged by 10% daily. Its rally is likely linked to Coinbase’s decision to allow certain trading services with it. Flashing Green Amid the Overall Correction The cryptocurrency market experienced a severe decline in the past few […]
Bitcoin (BTC) eyes rebirth on new US economic data release
The world’s largest corporate Bitcoin (BTC) owner wants to raise funds to further bolster its crypto holdings. In a new statement, Microstrategy says it is planning to offer $500 million worth of convertible senior notes in a private offering. Convertible senior notes are a type of bond that allows investors to hold until maturity or […]
Today (Friday), Nigeria dropped tax evasion charges against two Binance executives following the appointment of a local representative by the crypto exchange to handle legal proceedings. Tigran Gambaryan, a US citizen and Head of Financial Crimes Compliance, and Nadeem Anjarwalla, a British-Kenyan Regional Manager for Africa, had both denied the charges. Binance Awaits Court Decision […]
TL;DR MicroStrategy increases its convertible note offering from $500 million to $700 million. The notes will be offered with an annual interest rate of 2.25% and will mature in 2032. The company plans to use the funds raised to acquire more Bitcoin and for other general corporate purposes. MicroStrategy, the company known for its innovative […]
Announcing the launch of MorphWallet, a revolutionary new cryptocurrency wallet designed to provide unparalleled security, convenience, and …
Crypto analyst TechDev has provided insights into the Bitcoin future trajectory. The analyst suggested that the flagship crypto has yet to reach its full potential in this market cycle and that more price surges lie ahead for the crypto token. Not Yet Time For A Bitcoin Blowoff Top TechDev remarked in an X (formerly Twitter) […]
The supply of Bitcoin on exchanges has plummeted to its lowest level since December 2021, with only around 942,000 coins available. In contrast, Ethereum and Tether are seeing increased inflows. Historically, the limited supply of Bitcoin available for sale reduces the overall drop-off risk for the entire cryptocurrency market. Bitcoin's supply on exchanges has now […]
U.S. spot bitcoin exchange-traded funds (ETFs) experienced a decline on Thursday, with $226.21 million in outflows recorded during the trading sessions. Fidelity’s FBTC saw the largest outflows, with $106 million exiting the fund. Massive Outflows Strike U.S. Bitcoin ETFs On Wednesday, the 11 spot bitcoin ETFs attracted $100.8 million, but on Thursday, they faced net […]
What’s modularity anyway? Modularity is the result of a curious experiment playing out in Ethereum as a reaction to the poor scaling properties of blockchains. To address this bottleneck, developers have taken the radical approach of auctioning off core functions of the main chain to… other blockchains. Centered around rollup technology, this modular transformation has […]
Bitcoin is not filling traders with hope as a stubborn BTC price range endures despite mass whale purchasing.
A new report says that the U.S. Securities and Exchange Commission (SEC) has reached a multi-billion dollar settlement with the crypto firm that played a major role in kicking off the FTX implosion. According to Reuters, the SEC has reached a $4.47 billion settlement with Terraform Labs after the stablecoin firm was found liable for […]
Leading US-based crypto exchange Coinbase has launched a new initiative aimed at introducing crypto as an alternative payment system for small businesses. In a statement, Coinbase says it is teaming up with the pizza-ordering platform Slice for a special sweepstakes that’s designed to put money back into the hands of small businesses. The initiative, which runs […]
Crypto community is strongly encouraged to remain alert
Donald Trump took to his Truth Social platform on Wednesday to share his thoughts on Bitcoin, saying that all the remaining Bitcoin should be “MADE IN THE USA!” Trump also reportedly met with Bitcoin mining company leaders recently, telling them he “loves and understands” crypto, and will advocate for the industry if elected president. Republican […]
Donald Trump, previously against cryptocurrencies, now supports them, even promising to be the “Crypto President”. Samson Mow of Pixelmatic views Trump’s policy shift on crypto as a pivotal moment that will influence global discussions. Media and analysts focus on Bitcoin’s potential, linking its strength to recent positive developments in digital currency markets. While presidential hopeful […]
Meme coins have seen spectacular growth this year reaching almost $60 billion amidst the broader market rally. But not everyone is a fan. Many experts and market players have weighed in on how meme coins have overshadowed more legitimate projects in the industry. Even as the industry remains unsure of the latest hype and the […]
Lido Finance, the liquid staking protocol for the Ethereum (ETH) network, has experienced significant price declines over the past two weeks, largely influenced by the market’s downtrend and the lack of bullish momentum. However, a notable breakout could be in the making for the protocol’s native token, LDO, despite negative financial metrics. Lido And Mellow Finance’s […]
TL;DR Terraform Labs and its former CEO, Do Kwon, have agreed to pay $4.5 billion to the U.S. Securities and Exchange Commission (SEC) as part of a civil fraud settlement. The case revolves around the collapse of TerraUSD and TerraLuna in 2022, accused of raising funds without proper registration, violating federal securities laws. Severe restrictions […]
TL;DR Curve Finance’s Resilience: Despite successfully thwarting a hacking attempt, Curve Finance’s native token, CRV, experienced a 20% drop in value, with further stress due to a $20 million hack of the UwU lending protocol. Michael Egorov’s Liquidation: The price decline of CRV triggered the liquidation of over 111 million CRV tokens held as collateral by Curve Finance founder Michael Egorov, […]