Search
Iran Officially Unveils Central Bank Digital Currency Project
25.6.2024
Iran officially unveiled its central bank digital currency (CBDC) on Sunday during a ceremony attended by Central Bank of Iran (CBI) Governor Mohammad Reza Farzin and chief executives of several major banks. This digital currency, issued electronically by the central bank, aims to streamline...
AI tokens rally as NVIDIA slumps 13% from market cap peak
25.6.2024
Despite Nvidia, one of the most talked-about stocks of the year, sharply falling in price, artificial intelligence crypto tokens are spiking
Crypto Industry Future: Insights From Marathon Digital’s CEO on Trump and Biden
25.6.2024
Marathon Digital’s CEO has shared his insights on the future of the crypto industry and the potential impact of the upcoming presidential election. The executive observed that the Biden administration has historically been hostile to bitcoin and crypto through its various agencies. However...
Robert Kiyosaki on Bitcoin Crash: Most People Should Sell — He’s Waiting to Buy More, Follow Warren Buffett’s Strategy
25.6.2024
Rich Dad Poor Dad author Robert Kiyosaki says most people should sell bitcoin now that the price of the cryptocurrency is “crashing.” However, he affirmed that he is waiting to buy more bitcoin, emphasizing that “all markets go up and down.” The famous author noted that...
JPMorgan: Bitcoin Miners’ Market Cap Jumps 22% Following AI Hosting Deal
25.6.2024
Global investment bank JPMorgan has observed a notable surge in investor interest in bitcoin miners after Core Scientific announced it would host 200 MW of GPUs for AI hyperscaler Coreweave. According to JPMorgan, the combined market capitalization of 14 tracked miners has increased by $4 billion...
Kaiko Research: Latam Crypto Traders Prefer Stablecoins Over Bitcoin
24.6.2024
Kaiko, a leading cryptocurrency market data analytics firm, has found that cryptocurrency users in Latin America prefer stablecoins over bitcoin. In its most recent Latam market report, issued in June, Kaiko determined that 40% of the trading volumes involved Tether’s USDT. This preference...
Market Turbulence Continues as Crypto Outflows Reach $1.2 Billion
24.6.2024
As digital asset markets continue to navigate turbulence, the latest report from Coinshares outlines significant capital outflows, marking a stark shift in investor sentiment. Authored by lead analyst James Butterfill, the findings highlight a consecutive week of outflows totaling $584 million...
Insider: ‘Vulture Contracts’ Affecting Bitcoin Mining Development in Paraguay
24.6.2024
Bruno Vaccotti, Head of Public Affairs of Penguin, a bitcoin mining company, has referred to the existence of what he called “vulture contracts,” and its effects on developing mining operations in Paraguay. Vaccotti stated that large amounts of energy have been assigned through these...
Charles Hoskinson drops hints about Cardano’s bright future
24.6.2024
Charles Hoskinson, creator of the Cardano protocol, claims that the protocol is waking up following stellar performance with its flagship decentralized application (DApp), Sundae V3. Cardano is awakening, according to Charles Hoskinson, who is eloquent about its expansion. New updates to...
Over $122M Bitcoin longs liquidated as BTC falls below $61K
24.6.2024
The incoming selling pressure from the Mt. Gox repayment could still cause the Bitcoin price to fall below the psychological $60,000 mark
Ethereum gas prices and Bitcoin miner revenue near record lows
24.6.2024
Bitcoin mining revenue per hash also witnessed record lows, and the impact of the recent halving event is visible in the trend. The median price of gas has sharply dropped, and Ethereum is currently experiencing slight inflation and a slow burn rate. Recently, miners’ revenue has shown...
Week of Woe: Major Crypto Assets Suffer, Some AI Coins Buck Trend
24.6.2024
Over the past week, bitcoin has slid 6.6% while ethereum has lost 5.5% against the U.S. dollar, but a large handful of alternative digital assets saw much bigger losses this past week. The meme coin dogwifhat (WIF) was the week’s biggest loser shedding 31.2% while notcoin (NOT) lost 24.3%...
Why are traders shorting Michael Saylor’s MicroStrategy?
24.6.2024
Short sellers are targeting MicroStrategy stock, but what is the reasoning behind it?
Tether halts USDT minting on EOS and Algorand
24.6.2024
Tether discontinues support for the EOS and Algorand implementations of its flagship stablecoin USDT
Ethereum Technical Analysis: ETH Faces Bearish Sentiment Amidst Continued Downtrend
24.6.2024
Ethereum’s price stands at $3,311, with a market capitalization of $404 billion. The 24-hour intraday trading range has fluctuated between $3,277 and $3,500, while the 24-hour trade volume has reached $16.82 billion. A technical analysis across various timeframes highlights significant...
Coinbase is the most impersonated crypto brand by scammers: Report
24.6.2024
Although Coinbase continues to be the most impersonated brand in the crypto industry, Meta was targeted by over 25 times as many scammers as the exchange
RCO Finance sells 28 million RCOF tokens as investors dump WIF and BONK
24.6.2024
Amidst the current crypto market’s volatility, RCO Finance has sold over 28 million RCOF tokens as investors increasingly divest from Dogwifhat (WIF) and BONK. Fueled by the current market fluctuation and the volatility of crypto market rules and regulations, investors are shifting their...
Mt Gox to Start Distributing $9 Billion in Bitcoin to Creditors in July After Decade-Long Wait
24.6.2024
On Monday, June 24, 2024, the Mt Gox bankruptcy trustee declared that reimbursements are slated to commence at the start of July. The trustee explained that disbursements will be made in bitcoin and bitcoin cash and sent to designated exchanges. After Ten Years, Mt Gox Trustee Announces July Start...
Mt. Gox Trustee to start Bitcoin, Bitcoin Cash repayments in July
24.6.2024
After a decade of anticipation, July might finally bring restitution to the users of the now-defunct Mt. Gox exchange
Bitcoin and Ethereum transaction fees plummet to lowest level in 7 months
24.6.2024
In 2024, Bitcoin transaction fees have stayed relatively low, particularly since the April Bitcoin halving, which reduced the BTC mining reward by half