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Core Scientific Reports $502M in 2023 Revenue, Down From $640M in 2022
13.3.2024
Crypto mining firm Core Scientific has announced a decline in year-on-year revenues in its Q4 2023 results, accompanied by a substantial reduction in net losses.
The post Core Scientific Reports $502M in 2023 Revenue, Down From $640M in 2022 appeared first on Cryptonews
EU Cracks Down on Crypto in Sanctions Evasion Fight
12.3.2024
European Union (EU) lawmakers have taken decisive action to bolster efforts to tackle sanctions violations, including those involving cryptocurrencies.
The post EU Cracks Down on Crypto in Sanctions Evasion Fight appeared first on Cryptonews
Bernstein Doubles Down On $150k Bitcoin Prediction, Says Miners Are A Strong Buy
12.3.2024
Bernstein analysts maintain their bullish stance on Bitcoin, predicting a $150K price target amidst strong ETF performance. The firm believes Bitcoin miners offer major equity-based leverage as the halving event approaches.
The post Bernstein Doubles Down On $150k Bitcoin Prediction, Says Miners...
Ethereum Blockchain Counts Down to 'Dencun' Upgrade, Set to Reduce Fees
12.3.2024
The upgrade is designed to usher in a new era of cheaper fees for the growing array of layer-2 networks that operate on top of Ethereum
VanEck Slashes Bitcoin ETF Fees to Zero
12.3.2024
VanEck has slashed its fees for the HODL exchange-traded fund (ETF), the VanEck Bitcoin Trust down to Zero until March 31.
The post VanEck Slashes Bitcoin ETF Fees to Zero appeared first on Cryptonews
Philippine Gov’t Cracks Down on Unlicensed Crypto Exchanges, Binance Still Accessible
7.3.2024
The Philippine National Telecommunications Commission (NTC) has initiated the blocking of websites belonging to crypto companies offering investment products without the necessary licenses in the country.
The post Philippine Gov’t Cracks Down on Unlicensed Crypto Exchanges, Binance Still...
Blackrock’s Spot Bitcoin ETF Sees Almost $800M Daily Inflows
7.3.2024
BlackRock iShares Bitcoin ETF trading under the ticker symbol “IBIT” has taken in a record daily inflows of $788 million on Tuesday, as the crypto frenzy shows little signs of slowing down in March.
The post Blackrock’s Spot Bitcoin ETF Sees Almost $800M Daily Inflows appeared first on Cryptonews
Red Vs Blue Creator Rooster Teeth Shut Down By WB Discovery
6.3.2024
Rooster Teeth, a Warner Bros. Discovery Global Streaming & Interactive Entertainment subsidiary, is ending operations after 20+ years. The news was announced on March 6 in a company memo and blog post on the digital content creator’s site. Read more
After Suicide Squad ‘Disappoints,’ WB Doubles Down On Live-Service Games
5.3.2024
The best-selling game of 2023 was Hogwarts Legacy. Yet, despite that single-player title selling 22 million copies, publisher Warner Bros. Discovery will be pivoting away from single-player AAA console games and toward free-to-play, live service, and mobile releases. This comes from a Morgan...
Breaking Down Dencun’s Potential to Slash Ethereum Costs
4.3.2024
Ethereum’s major upgrade, “Dencun” is scheduled to drop on March 13, and, according to developers, it will immediately decrease gas fees on layer 2s by 75%. A new technological feature called proto-danksharding, aka blobs, is driving this impressive added scale. Proto-danksharding...
Dogecoin Price Prediction as DOGE Sees $5 Billion Flood In – $10 DOGE Possible in 2024?
1.3.2024
Crypto’s most popular meme coin, DOGE, appears to be pulling back harder than every other top twenty cryptocurrency by market capitalization, even after its overnight trading volume hit $5 billion. According to data by CoinGecko, DOGE is now down 4.6% in the last 24 hours to trade at $0.1213....
GBTC outflows pull down ETF momentum
1.3.2024
Bitcoin ETFs lost their momentum amid heavy outflows from GBTC. On February 29, 2024, the number stood at $599 million. Since the US Securities & Exchange Commission announced the launch of Spot Bitcoin ETFs on January 10, 2024, this is the second-highest outflow. Nevertheless, BlackRock...
Nigeria Detains Two Binance Execs Amid Exchange Probe
29.2.2024
Authorities in Nigeria have reportedly detained two senior Binance executives and confiscated their passports as the country cracks down on crypto exchanges.
The post Nigeria Detains Two Binance Execs Amid Exchange Probe appeared first on Cryptonews
Crypto Market Research Firm Observes Declining Weekend Trading Activity for Bitcoin
28.2.2024
Nobody is trading Bitcoin on the weekend anymore, concludes a new blog post by analysts at blockchain market data provider Kaiko. So far this year, only 13% of all Bitcoin transactions have been executed on the weekend. This is down from 17% last year and 24% back in 2018. Over that same period...
Is Worldcoin About to Crash? WLD Price Dumps 11% as Viral AI Meme Coin Approaches $1 Million
28.2.2024
As Sam Altman’s OpenAI fuels big market moves, Worldcoin (Altman’s decentralized identity project) has dumped down -11%. This article will provide an analysis of WLD’s current price trends and look to see whether a newer low-cap AI crypto alternative, SCOTTY, represents a more promising...
John Paller, Founder of ETHDenver, on Present State of ETH, and Future of DeFi, DAOs, and NFTs
27.2.2024
Cryptonews Podcast host Matt Zahab sat down once again with US-based blockchain entrepreneur and Founder of ETHDenver John Paller for another exciting interview. The two talked about ETHDenver setting the main themes for the year and what we may see in 2024. The founder further explained...
Starknet (STRK) goes 50% down after awaited STRK token release
27.2.2024
The STRK token has climbed into the top 60 cryptocurrencies, yet the potential for increased selling exists as beneficiaries of the airdrop start to redeem their shares. Starknet, an Ethereum layer-2 solution, has launched its STRK governance token airdrop, granting over a million cryptocurrency...
$30 Billion RIA Platform Carson Group Approves Only 4 Bitcoin ETFs
26.2.2024
With $30 billion in assets, Carson Group narrows down spot Bitcoin ETF options to four, focusing on high-performing funds from BlackRock, Fidelity, Bitwise, and Franklin Templeton.
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*That* Borderlands Movie Trailer, A Nintendo Direct, And More Of What Went Down This Week
24.2.2024
As yet another week passes, we get more proof that 2024 is shaping up to be a very busy year in gaming—if not for game releases, then certainly for big stories around game exclusivity, adaptions, and, as always, streamers. This week we got our first look at the highly anticipated Borderlands movie...
Bitcoin ETFs Return To Outflows Amid GBTC Sale Revival
22.2.2024
Bitcoin ETFs had their first day of net negative outflows for the month of February on Tuesday – a possible sign that hype around the investment vehicles is starting to die down.
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