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Social Media Buzzes with ‘Buy the Dip’ Calls Following Bitcoin’s Slide


Source: AdobeStock / REDPIXEL In a recent surge of optimism among cryptocurrency traders, social media platforms have been flooded with calls to “buy the dip” following Bitcoin’s price slide.  According to data from blockchain analytics firm Santiment, mentions of the phrase...

Fidelity Undercuts Bitcoin ETF Market with Low 0.39% Fee


Source: iStock/pichet_w With the Securities and Exchange Commission (SEC) nearing the potential approval of the first Bitcoin (BTC) exchange-traded funds (ETFs), issuers are vying for an early advantage to capture investor interest. Specifically, Fidelity has set a highly competitive fee of 0.39%...

5 Mining Pools Dominated in 2023, Discovering Over 84% of Bitcoin’s Blocks


Over the past year, statistics reveal that 54,002 bitcoin blocks have been mined from Dec. 30, 2022, to Dec. 30, 2023. Leading the industry this year, Foundry USA topped the charts by mining 16,492 blocks in the past 12 months. Additionally, miners navigated through a total of 27 difficulty...

Kyrgyzstan Raises $1m from Crypto Mining Taxes in 2023


Source: chekart/Adobe Kyrgyzstan is quietly becoming a force in crypto mining, with its government set to raise over $1 million this year from taxing the industry. According to the media outlet 24KG, the nation’s finance ministry reported that it had raised $900,000 worth of tax revenue from crypto...

Scammers Banked $59 Million in Crypto Exploiting Google Ads


Source: Adobe / zedtox Scammers have over the past nine months used a wallet-draining service named “MS Drainer” to siphon around $59 million worth of crypto from numerous victims, according to a recent report by blockchain security firm Scam Sniffer. The scam operated through Google...

As OPIE Coin Shoots Up 100,000%, This Other Token Just Hit $5.75 Million


As DEX-launched tokens continue to mount seismic rallies, OPIE coin mounted the latest 150x rallies overnight, and now traders are gravitating to this latest meme coin as the next potential skyrocket. This comes as recent months have seen a huge trend in explosive DEX-traded token moves, with...

Mysterious 2015 Whale Transfers 2,101 BTC, Stirring $88M in Bitcoin


On Dec. 18, 2023, a colossal cache of dormant bitcoins stirred after remaining inactive for eight years and ten months. The whale transferred 2,101 bitcoins, originating from 2015, now valued at $88.55 million, utilizing the prevailing BTC exchange rates. $88M Worth of Bitcoin Moved by Long-Dormant...

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