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Ethereum Challenger Monad Labs in Talks to Raise $200 Million


The smart contract platform, Monad Labs is in talks to raise over $200 million via a funding round that is likely to be led by venture capital firm Paradigm. A successful funding round will see Monad Labs’ valuation rocket to $3 billion. Monad Labs Building Platform to Challenge Ethereum...

TRON Network Integrated With Token Terminal


PRESS RELEASE. Zürich, Switzerland, March 13, 2024 – TRON DAO has collaborated with Token Terminal, integrating the TRON network’s data into Token Terminal’s sophisticated suite of data analytics tools. This collaboration promises to transform the way investors...

Bitcoin Price to Hit $360,000 One Year Post-Halving: CoinLedger


CoinLedger forecasts Bitcoin to potentially reach $360,000 a year post-2024 halving, based on an analysis of past halving events and their impact on price in various time periods. The post Bitcoin Price to Hit $360,000 One Year Post-Halving: CoinLedger appeared first on Cryptonews

Core Scientific Reports $502M in 2023 Revenue, Down From $640M in 2022


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

Is Bitcoin halfway through its Pre-Halving Rally phase?


Roughly 35 days remain until the fourth Bitcoin halving takes place. The crypto market has been on a rollercoaster ride for the past several months. The accumulated anticipation of the halving merger with the US Bitcoin Spot ETF approval has helped BTC hit its ATH. The price of Bitcoin is currently...

South Korea Preparing Tax System to Avoid Cryptocurrency Tax Evasion


The National Tax Service in South Korea is preparing to launch a virtual asset tax system to help analyze the information received from cryptocurrency holders to avoid cryptocurrency tax evasion. Local sources reported that the agency had contracted the services of a third-party company to help...

What could be altered by the Bitcoin Halving in 2024?


There is no denying that Bitcoin halving has the ability to change the game in 2024 and beyond. Bitcoin halving will significantly affect the ecosystem, including Biofinit, as well as the price of Bitcoin.  Bitcoin halving is a principle established by Satoshi Nakamoto, the progenitor of Bitcoin...

SEC Orders First Trust and SkyBridge to Declare ETF Application as Abandoned


The SEC has instructed First Trust Advisors and SkyBridge Capital, the hedge fund led by former White House Communications Director Anthony Scaramucci, to mark their Bitcoin ETF application as abandoned. The post SEC Orders First Trust and SkyBridge to Declare ETF Application as Abandoned appeared...

Crypto Industry Players in Hong Kong Call for Swift Approval of Bitcoin ETFs


Authorities in Hong Kong have been urged to approve spot bitcoin exchange-traded funds in order to cement the region’s position as the financial hub of Asia. Industry participants believe that launching this ahead of the U.S. will enhance Hong Kong’s status in the global cryptocurrency...

Coinbase Announces $1B Bond Sale


Cryptocurrency exchange Coinbase Global, Inc., has announced a private offering of $1 billion convertible senior notes which will be due in 2030. The post Coinbase Announces $1B Bond Sale appeared first on Cryptonews

Is your Bitcoin strategy keeping up with crypto trends?


In recent years, cryptocurrencies have demonstrated a rising value in the crypto market, with 14 million BTC coins in circulation, driving most market capitalization for major cryptocurrencies. These inventions in finance have created a global financial phenomenon that has led to the adoption...

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