Search
Mining Digital Gold — These Are the Most Profitable Proof-of-Work Algorithms in 2024
21.1.2024
In September 2022, Bitcoin’s SHA256 algorithm ranked as the seventh most lucrative proof-of-work (PoW) network for mining. Fast forward a year and four months, and this algorithm has ascended to become the third most profitable crypto network for mining operations. 2022 to 2024 Sees...
FDUSD Market Cap Skyrockets by $1 Billion in 2024, Clinching Top 4 Stablecoin Spot
21.1.2024
According to statistics, the stablecoin crypto asset FDUSD has seen its market capitalization grow by $1 billion since the start of the year. Presently, the supply stands at 2.614 billion FDUSD after witnessing a 45.7% supply increase in 30 days. FDUSD’s Market Cap Swells from $1.6 Billion...
Bitcoin Network’s Mining Difficulty Drops 3.9% to 70.34 Trillion, Easing Miner Workload Amid Texas Cold Snap
20.1.2024
On Saturday, the Bitcoin network experienced its first difficulty reduction of the year, witnessing a 3.9% decrease at block height 826,560. As a result, the network’s mining difficulty now stands at 70.34 trillion, with the next adjustment anticipated on Feb. 4, 2024. Bitcoin Difficulty...
Cardano Price Prediction as ADA Struggles in Corrective Pattern – Breakout or Breakdown Ahead?
19.1.2024
After nearly hitting fresh lows for the year below $0.47, the Cardano (ADA) price has recovered back to towards $0.50. However, the Cardano price continues to struggle within a corrective pattern. Indeed, at current levels, ADA remains lower by roughly 27% since hitting multi-year highs in...
Grayscale Selling Bitcoin But This Meme Crypto Explodes 20%
19.1.2024
Bitcoin (BTC) hit fresh lows for the year on Friday in the $40,200s, as concerns mount about Grayscale’s ongoing Bitcoin selling, but a meme crypto called Sponge ($SPONGE) has exploded another 20% higher. Grayscale is selling Bitcoin as traders dump is Grayscale Bitcoin Trust (GBTC), which just...
Solana Mobile Chapter 2 Sells Out in 24 Hours – What’s Fueling The Excitement?
19.1.2024
Solana Mobile’s Chapter 2 phone preorder numbers have vastly exceeded those of their previous model Saga in its first year. Image by Solana Mobile. Solana Mobile’s recently announced Chapter 2 web3 phone has seen skyrocketing demand, with preorders selling out within the first day of...
Litecoin Price Prediction as Bulls Protect Key Support at $68 – Is a Rally Brewing?
19.1.2024
The Litecoin price has scarcely changed in the past 24 hours, with its move to $69.08 representing a slight 0.2% loss in 24 hours and an 8% fall in a week. LTC has also gained by 4.5% in a fortnight, yet it remains down by 3% in a month and by 17% in a year, […]
The post Litecoin Price...
XRP Price Prediction as It Holds Above Crucial 200-day EMA – A Sign of Stability or Deception?
19.1.2024
The XRP price has declined by 2.5% in the past 24 hours, sliding to $0.5497 as the crypto market as a whole falls by 3% today. XRP has also decreased by 7.5% in the past week and by 10% in a month, although the altcoin remains up by 42% in the past year. And while […]
The post XRP Price...
Circle CEO Jeremy Allaire at Davos Tokenization Panel: ‘It’s Coming on in a Significant Way’
19.1.2024
Jeremy Allaire, CEO of Circle, the stablecoin company, stated that tokenization adoption will keep growing after the spot Bitcoin ETF approval and the endorsement of Blackrock. He believes that financial companies might be issuing tokenized versions of their assets this year and criticized...
Hogwarts Legacy Just Broke A 14-Year Games Industry Streak
18.1.2024
According to newly released data, 2023's best-selling video game was Hogwarts Legacy from WB Games. And that means that for the first time in over a decade, the top-selling game of the year wasn’t another Call of Duty, Grand Theft Auto, or other Rockstar-published game. Read more
Celestia Continues Pump to $20 as $GFOX Presale Eyes $5 Million
18.1.2024
$TIA is likely to return an excellent profit to crypto investors who commit to it. The trending altcoin shows huge potential, with exciting rallies since the beginning of the year. It’s set to be a top gainer this year, and analysts are optimistic about its boom. In the same vein, $GFOX...
Shiba Inu Holders Migrating To New Crypto ICO Built For Traders To Hunt 1000% ROI Tokens
18.1.2024
Investors are shifting their focus to Launchpad XYZ’s crypto ICO as its new token presale countdown begins. Image by Kerem Goktug Kaya, DALL-E 3. With popular meme token Shiba Inu’s price down nearly 25% over the past year, investors are moving on to new opportunities in the crypto...
Bitcoin Mining Using Sustainable Energy With a Record High of 54.5% in 2023
18.1.2024
Sustainable energy use for Bitcoin (BTC) mining reached an all-time high of 54.5% in 2023, a 3.6% increase throughout the calendar year. The analysis, conducted by The Bitcoin ESG Forecast, compared Bitcoin’s sustainable energy mix to other industries using publicly available data over...
US Stocks, Bitcoin, and Gold Drop as Fed Plays Coy on Rates — Investors in Limbo
18.1.2024
The leading trio of U.S. stock indices — Dow Jones Industrial Average, Nasdaq Composite, and the S&P 500 — experienced a downturn on Wednesday afternoon. This decline coincided with a rise in 10-year Treasury yields, which jumped 0.98% to 4.102%. Concurrently, gold’s value...
5 Top Cryptos To Diversify Your Value Investment Portfolios in 2024
17.1.2024
The top crypto projects to diversify investment portfolios in 2024 include Solana, Neon EVM, Celestia, XAI, and Bitcoin Minetrix. Image by Kerem Goktug Kaya, DALL-E 3. With 2024 promising to be a monumental year for cryptocurrencies, many investors are looking to diversify their investment...
Why 2024 Will Be Bitcoin's Year
17.1.2024
ETF approvals and a halving set for April will change the supply-and-demand dynamic of bitcoin, likely sending the price higher, says John Stec at Global X
Ethereum Soars Over 11% Above $2,530, Institutional Products Attract $55 Million This Year
17.1.2024
The Ethereum (ETH) price has surged over 11% in 2024, continuing a steady growth cycle from December 2023 as it marks a weekly rise in institutional inflows to investment products. Ethereum trades hands at $2,537 at the time of writing after marking a 5.37% growth in the last seven days and...
Value of Crypto Projects in Switzerland and Liechtenstein Surges 107% YoY to $382.93 Billion: Report
17.1.2024
Switzerland and Liechtenstein’s crypto projects value surged by 107% year-over-year to $382.93 billion, led by Ethereum, amidst broader market recovery and innovation. According to a report by Swiss venture capital firm Crypto Valley (CV VC), the value of cryptocurrency projects based...
Ark Invest’s Crypto-Powered ESG Fund Emerges as Top Performer of 2023
17.1.2024
Ark Investment Management’s best-performing ESG fund of 2023 had made a bold bet on cryptocurrencies. The $2.4 billion Nikko AM Ark Positive Change Innovation Fund (ticker NIPCIPJ LX) achieved an outstanding return of 68% last year, surpassing the gains of the S&P 500 index. What makes...
Circle Report Shows USDC Navigating Challenging Waters in 2023
17.1.2024
Despite a challenging 2023 with a substantial decline in circulating supply, a Circle report claims USDC emerges resilient, experiencing a surge in real-world applications and a decrease in speculative trading. A Resilient Year for USDC Amidst Market Shifts Circle, the issuer of the USD Coin...