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Chainalysis Latam Report Highlights Major Crypto Growth Milestone in Surprising Nation
12.10.2024
A Chainalysis report reveals that Argentina surpassed Brazil in cryptocurrency value received during the period examined, highlighting the high adoption of stablecoins in Latin America. However, Venezuela was the market that grew the most, rising by 110% despite the current political and economic...
Crypto Biz: Tether’s 10 years with meteoric growth, ties to US, European hurdles
11.10.2024
Tether has achieved its first 10 years with a considerable jump in its user base, a closer relationship with US authorities and fresh regulatory challenges in Europe.
Cleanspark Sets Ambitious New Hashrate Target After Reaching 30 EH/s
11.10.2024
Cleanspark, a publicly traded bitcoin mining company, announced this week that it has reached an operational hashrate of 30 exahash per second (EH/s). The company expects to surpass 37 EH/s by the end of 2024 and aims for further growth to 50 EH/s in 2025. Cleanspark Now Operates 30 EH/s...
EigenLayer Price Prediction: Whale Activity Hints at Gains, Crypto All-Stars Also Sees Growth
11.10.2024
EigenLayer and its native EIGEN token have been catching some attention lately – especially given the recent whale activity. With big investors moving in, there’s growing buzz about whether EIGEN could be preparing for another rally. In this article, we’ll look at what’s driving the hype...
BRICS Nations Set for 4.4% Growth in 2024-2025, Outpacing G7 Economies
11.10.2024
Russian Finance Minister Anton Siluanov has emphasized the rising influence of BRICS nations during a recent event, noting their projected economic growth of 4.4% in 2024-2025, compared to 1.7% for G7 countries. Siluanov highlighted BRICS’ growing share of global GDP, now at 36.7%, and...
Breaking Boundaries: LBank Achieves “Leaps and Bounds” Growth in Q3
10.10.2024
PRESS RELEASE. In a vibrant and competitive third quarter, LBank has successfully achieved its short-term goal of dynamic growth. From a million-dollar airdrop celebration for its anniversary to the meme extravaganza at TOKEN2049 in Singapore, LBank is evolving in unconventional ways. During...
1win Token Reaches 24 Million Users: The Reasons Behind Its Rapid Growth
10.10.2024
The 1win Token, a fast-growing digital currency, has recently surpassed a remarkable milestone of 24 million users. This rapid growth reflects its solid foundation in the iGaming industry and the wide range of utilities it offers, making it one of the most sought-after digital assets in the market...
OpenAI may not turn a profit until 2029 despite rapid growth
10.10.2024
Despite growing revenues, OpenAI is expected to continue operating at a loss until 2029, as the cost of scaling advanced AI models remains steep
OpenAI may not turn a profit until 2029 despite rapid growth
10.10.2024
Despite increasing revenue, OpenAI is expected to continue operating at a loss until 2029, as the cost of scaling advanced AI models remains steep
CPI Growth Is Set to Slow Even More
9.10.2024
And that’s good news for risk assets like bitcoin and ether, says Scott Garliss
Unlocking Bitcoin’s Future: GoBTC Foundation’s Jeremy Dreier on the Crucial Role of Onchain Growth
7.10.2024
GoBTC Foundation supports innovative Layer 1 and Layer 2 projects to grow the Bitcoin onchain ecosystem. By providing investment, strategic guidance, and a platform for launching new tokens, this new foundation helps onchain projects accelerate growth and contribute to Bitcoin’s future—one that...
Bitcoin Transfer Volumes Soar in 2024, Set to Break 2023’s Record in 2 Weeks
6.10.2024
According to recent data, the five busiest days for bitcoin transfers on the network occurred in 2024. The all-time peak was at the end of April, with the second-highest transaction day recorded on Sept. 8. In its more than 15 years of operation, the Bitcoin network has witnessed daily transfer...
Zero-Knowledge Virtual Machines Key to Ethereum Growth, Says Hashkey Capital
5.10.2024
Hashkey Capital, one of Asia’s largest venture capital firms specializing in Web3 and cryptocurrency, has released its sector analysis for the first half of 2024. The report covers significant technological advancements across multiple blockchain sectors, with a strong focus on Ethereum, account...
This Week’s NFT Sales See 10% Growth After Difficult September
5.10.2024
Following a slow period for non-fungible token (NFT) sales in September, the past week has shown a 10.07% rise in revenue compared to the previous week. According to data from cryptoslam.io, the total NFT sales reached $85.8 million, with Ethereum contributing $27.75 million. NFT Market Sees $85.8M...
Nigeria to Launch $1.5M Initiative to Boost AI Development
5.10.2024
Nigeria’s Minister of Communications, Innovation, and Digital Economy, Bosun Tijani, has announced a $1.5 million initiative to boost the country’s Artificial Intelligence (AI) development. This fund, supported by Luminate, a global foundation, will be launched on Oct. 7 in Abuja....
CleanSpark reports 187% hashrate growth
4.10.2024
CleanSpark’s hashrate increased from 9.6 EH/s to 27.6 EH/s over the past year, driven largely by strategic acquisitions that boosted its mining capacity
X Empire Reveals Final Tokenomics: 25% for New Users and Growth
4.10.2024
The X Empire Project has revealed its final tokenomics, highlighting total supply of 690 billion $X tokens. As…
Crypto for Advisors: Crypto as a Growth Driver
3.10.2024
For wealth managers, crypto presents a key opportunity for growth – especially with rising mainstream interest after the approval of spot bitcoin and ether ETFs earlier this year
Vivek Ramaswamy Calls to End Federal Bureaucracy: ‘We Have Too Many Laws’
3.10.2024
Vivek Ramaswamy has voiced strong criticism against the federal bureaucracy, emphasizing that unelected officials are behind most laws, not Congress. He called for bipartisan efforts to dismantle the regulatory state. Ramaswamy emphasized that reducing bureaucratic power will drive prosperity...
Bitcoin Enters Positive Seasonal Trend, Demand Key to Further Growth: Cryptoquant
2.10.2024
Bitcoin is entering a period of traditionally positive performance, according to the latest analysis from Cryptoquant and its researchers. However, for bitcoin to reach new highs, increasing demand will be crucial as current levels remain stagnant. ‘Demand Has a Lot of Room to Grow’...