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Solana Mobile’s Chapter 2 Reaches 100K Preorders, Guarantees Production
13.2.2024
Solana Mobile, a smartphone-focused subsidiary of Solana Labs, has announced that its second mobile phone, Chapter 2, has reached 100k preorders in less than 30 days, hitting a milestone that now guarantees the production of the hardware device. The company reported that the preorder price of $450...
Here Is The Next Big Hit In The Crypto World – A VR and AR Dedicated Ecosystem 5th Scape (5SCAPE)
13.2.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. The cryptocurrency market is brimming with auspicious projects that carry substantial potential for global success, and among the most promising niches is AR/VR gaming. This sector is steadily...
Alternative to Polygon Set to Outshine MATIC, Projected to Rise from $0.01 to $12 in 2024
13.2.2024
In the dynamic world of cryptocurrency, a new contender is making headlines with its potential to outperform Polygon (MATIC) significantly. This alternative, starting at just $0.01, is on the radar of investors and analysts alike, with projections setting its sights on a monumental climb to $12...
Historic Inflows: Spot Bitcoin ETFs Attract Over $1 Billion in a Single Week
13.2.2024
The recent US SEC-approved Bitcoin ETFs collectively netted $1.1 billion in inflows last week, according to a new report by European crypto asset manager CoinShares. Total inflows into spot Bitcoin ETF products now amount to $2.8 billion since they hit the market on January 11. Institional hoarding...
Bitcoin Braces for Record Difficulty Surge Ahead of Retarget as Miners Push Network to New Heights
13.2.2024
Scheduled for Feb. 15, 2024, the upcoming Bitcoin difficulty retarget is poised to mark a notable upswing in the network. Current projections forecast an estimated difficulty surge ranging from 8.45% to 9.2%, setting the record for the steepest increase of 2024 thus far. Bitcoin Difficulty Poised...
Bitwise Asset Management expects Spot Bitcoin ETF volumes to rise
13.2.2024
Bitcoin has come to the center of the stage again. This time, it was after a month when the US SEC approved 11 Spot Bitcoin ETF applications. That has changed the way the sphere trades with BTC. Asset management firms estimate that the space will only rise in the future. Bitwise Asset Management...
Coinbase-Backed Crypto PAC Launches Advertising Campaign Against California’s Senate Candidate Katie Porter
13.2.2024
A new super PAC backed by major cryptocurrency players, including Coinbase, has launched a multimillion-dollar advertising campaign aimed at crushing Representative Katie Porter, a Democrat running in the California Senate primary. The super PAC, Fairshake, along with its affiliated groups Protect...
Bitcoin Mining Stocks Surge — Double-Digit Gains Highlight Rapid Growth in Digital Currency Sector
13.2.2024
As bitcoin and the broader crypto market have surged, shares of publicly traded mining companies have seen substantial growth. Data shows that, in the last five days, stocks of many of these firms have experienced double-digit increases in value against the U.S. dollar. Publicly Traded Mining...
Puffer Finance is 2nd biggest liquid restaking protocol on Ethereum
13.2.2024
With a TVL of $857 million, Puffer Finance has positioned itself as the second most substantial liquid restaking protocol on the Ethereum blockchain. In addition to DeFi, users may deposit stETH and generate returns through ETH staking and pufETH. Prominent entities in the investment industry have...
Bonk Price Prediction as BONK Bounces 7% – New Rally Starting?
13.2.2024
The Bonk price has risen by 7% today, lifting to $0.00001274 as the cryptocurrency market enjoys a 5% gain in the past 24 hours. This move puts BONK at a 26% increase in a week and, despite losing 13.5% in a month, a 1,400% gain in the past year. And what’s important about today’s...
Coinbase’s New Ad Highlights Potential of Blockchain to Revitalize Pennies
13.2.2024
Coinbase, a leading cryptocurrency exchange, has unveiled a new television ad that playfully mocks traditional United States fiat currency, depicting it as a penny coin. In the ad, the penny is humorously tossed into a bin and vacuumed, symbolizing the need for a digital upgrade to replace outdated...
As the Blockchain Industry Loses Billions Annually to MEV, the Solution Is Staring Us in the Face — Neo Founder Da Hongfei
13.2.2024
Imagine the scene: You’re sitting at the card table, and every hand you’re dealt is terrible. But the cards never get better; the dealer has full sight of the deck and sets the order of the cards before they’re played. The dealer always wins. The following opinion editorial was written by...
Ethiopia’s Affordable Hydropower and Adoption of Crypto Mining Attracts Chinese Bitcoin Miners
13.2.2024
The Ethiopian state electricity company has reportedly signed power supply agreements with 21 mainly Chinese bitcoin miners. The African country’s pursuit of foreign exchange has seemingly taken precedence over the concerns often raised by climate change advocates. Ethiopia Set to Become...
Bitso Reveals Latam Is Bitcoin Territory With a Stablecoin Frenzy in Argentina
13.2.2024
Bitso, a Mexico-based cryptocurrency exchange with a presence in several countries of Latin America, has revealed the trends that its user base followed during 2023. Bitso Argentina CEO Julian Colombo disclosed that while Bitcoin was still the most popular cryptocurrency in the region, Argentines...
Emerging crypto priced at $0.11 captures the attention of top Solana (SOL) and Ethereum (ETH) whales in February 2024
13.2.2024
  New opportunities consistently surface in the constantly changing world of cryptocurrency investing, drawing interest from both experienced investors and novices. One of these opportunities that has recently surfaced in 2024 is Retik Finance—a potential initiative valued at just $0.11, which...
Report: Spot Bitcoin ETFs Lead Crypto Investment Surge With Record Inflows
13.2.2024
In a recent turn of events, spot bitcoin exchange-traded funds (ETFs) emerged as the market leaders in the realm of cryptocurrency investment products last week. According to a recent report by Coinshares, these funds attracted $1.1 billion in inflows, marking the highest assets under management...
Investing in privacy coins: The appeal of Monero in 2024
13.2.2024
In 2024, cryptocurrency adoption is accelerating, with the crypto market cap crossing $5 trillion, almost doubling since 2021. However, heightened regulatory scrutiny around crypto transactions poses pressing privacy concerns for investors seeking discreet exposure avenues. This underscores...
Bank of Russia Detected Over 5,700 Pyramid Schemes in 2023
13.2.2024
The Bank of Russia reported that the number of pyramid schemes and illegal lending providers in Russia rose to over 5,700 in 2023, an increase of 15.5% over the number detected in 2022. Specifically, the number of pyramid schemes detected increased by 46%, relying on the Internet and cryptocurrency...
Top 5 reasons to be bullish on Litecoin in 2024
13.2.2024
In the current scenario, major cryptocurrencies such as Bitcoin and Ethereum are witnessing massive surges in their prices due to the bullish action of traders worldwide. Litecoin is a cryptocurrency that has maintained a stable position in the crypto industry since its introduction in 2011....
SEC’s Revised ‘Dealer’ Definition Sparks Concerns Over Impact on Crypto Innovation
13.2.2024
The U.S. Securities and Exchange Commission (SEC) has adopted rules to require firms that act like dealers to register with the Commission. A lawyer explained that the securities regulator took a shot at decentralized finance (Defi) with the rules, which explicitly target decentralized...