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Bitmain Dispatches Initial KS3 Antminers Amid Surge in Kaspa’s Hashrate
22.8.2023
According to Bitmain, the well known crypto ASIC mining rig manufacturer, the company has shipped its first batch of KS3 Antminer machines. Despite each rig costing $49,800, Bitmain sold out of the first batch and announced another batch of KS3 Antminers would be available soon. As Kaspa’s...
Mining Bitcoin on Household Electricity Most Profitable in Asia, Study Finds
21.8.2023
Despite significant variations in electricity rates and regulations, the Asian region as a whole has the lowest average cost of bitcoin mining for solo miners, new research shows. At the same time, the surge of energy prices due to Covid, heatwaves, and the war in Ukraine render bitcoin mining...
Inside Shibarium's Launch Hiccups: How the SHIBarmy Battled Unprecedented Traffic Surge
17.8.2023
The highly anticipated Shibarium launch proved that no amount of preparation can truly brace a project for the unanticipated strength and fervor of its community.
This comes after huge traction caused a storm amid the Shibarium launch, fuelling wild speculation on crypto twitter and triggering...
Litecoin & Toncoin experience boom updates, Everlodge acquisition spikes ahead of price pump
17.8.2023
With the recent upswing in the value of many cryptocurrencies, a lot of opportunities arose in the industry. During these times, Litecoin (LTC) and Toncoin (TON) have experienced a high level of growth. However, they’re not alone, as crypto experts have given a bold prediction for Everlodge...
Bitcoin price will surge past $150K if spot ETFs are approved: Analyst
17.8.2023
Even if the filings for Bitcoin spot ETFs are rejected, Lee predicts Bitcoin’s halving event will still push up BTC's price — but not to six figures
Tokens Highlighted in Binance and Coinbase SEC Lawsuits See Surge in Trading – What's Going On?
16.8.2023
Around two months after the US Securities and Exchange Commission (SEC) filed lawsuits against major exchanges Binance.US and Coinbase, targeting 19 cryptocurrencies that were designated as unregistered securities, the same tokens are showing signs of recovery.
Following the allegations,...
Cardano’s founder slams US debt rating downgrade, DigiToads presale sees transaction surge
15.8.2023
In a week of heightened crypto discussions, the spotlight has shifted from market dynamics to global policy issues. Cardano founder, Charles Hoskinson, has taken a critical stance on US policies and the nation’s approach to cryptocurrencies following a recent debt rating downgrade. In a tweet...
Bitcoin Price Prediction: SEC's Stance, TeraWulf's BTC Surge, and Grayscale's Pending ETF Decision
15.8.2023
Bitcoin's recent performance shows a marginal dip of less than 0.10%, trading at $29,380 as of Tuesday.
This subtle fluctuation in Bitcoin's price can be attributed to several underlying factors.
Foremost among them is the sentiment expressed by former SEC Chairman John Reed Stark, who opines...
Why did SHIB & TOADS skyrocket over the weekend? Analyzing Shiba Inu & DigiToads surge
14.8.2023
Over the past weekend, the cryptocurrency market witnessed an unexpected and substantial surge in the values of two prominent meme coins: Shiba Inu (SHIB) and DigiToads (TOADS). These digital assets, often associated with playful and community-driven projects, saw remarkable price increases. This...
Coinbase CEO Acknowledges User Concerns and Vows to Enhance App Experience Amidst On-Chain Activity Surge
14.8.2023
Coinbase CEO Brian Armstrong acknowledges that the surge in on-chain activities on the new layer-2 network Base has revealed significant flaws in the user experience of the Coinbase app and is committed to enhancing it.
In an August 13 Twitter post, Armstrong pointed out various issues that have...
Binance burns pumping LUNC, TOADS upside potential after launch is limitless, says trader
11.8.2023
The crypto market is often abuzz with new developments, with one of the latest being Binance’s Terra Classic (LUNC) token burn. This burn event has caused a significant surge in the price of LUNC, which comes at a great time for its community. At the same time, DigiToads (TOADS) has been capturing...
US Inflation Climbs to 3.2% in July, Stoking Concerns and Dividing Market Opinions
10.8.2023
The most recent data from the Bureau of Labor Statistics reveals a growingly intricate inflationary scenario for the U.S. economy. Disclosed on Thursday, the Consumer Price Index for All Urban Consumers (CPI-U) exhibited a 3.2% annual increase in July, primarily propelled by housing expenses. This...
Bitcoin Price Could Rise to $180,000 by 2024 Halving, Says Fundstrat
9.8.2023
In a recent note to investors, Fundstrat has forecasted a potential surge in the price of bitcoin to an astonishing $180,000 before its next block reward halving event in April 2024. The financial services company attributes this projected 521% price hike from current levels to the rising demand...
XRP, SOL Lead Crypto Market Bounce; RLB and UNIBOT Surge on Bullish Sentiment
9.8.2023
Trading volumes for rollbit tokens grew 500% on a revamped token buy-and-burn plan
Crypto-Focused Public Companies Outdo Q2 Profit Projections, Boosted by Cryptocurrency Price Surge
8.8.2023
Major crypto companies reported strong earnings last quarter as swelling crypto asset prices drove up profits across the industry.
Last week, institutional Bitcoin (BTC) giant MicroStrategy reported a return to profit in Q2, with $120.4 million in revenue. The company also stacked an additional...
Wall Street Divided: Treasury Yields Surge Sparks Intense Debates and Divergent Bets
8.8.2023
In recent weeks, Treasury yields have skyrocketed, igniting a Wall Street dispute over whether the precipitous sell-off is now overextended. A small group of prominent investors are wagering that bond prices will bounce back following the abrupt escalation in rates. Hedge Funds Place Bold Wagers...
Cardano Price Prediction as Blockchain Transactions Surge Up Nearly 50% in 3 Months – Are Whales Moving to Cardano?
8.8.2023
The price of Cardano (ADA) has dropped by 0.5% in the past 24 hours, with its slide to $0.290402 also representing a 5% loss in the last seven days.
This weekly fall comes amid a difficult period for the wider cryptocurrency market, which has recently been undermined by negativity surrounding...
Filecoin & DAI traders pivot to VC Spectra: Eyeing 627% presale surge
7.8.2023
Filecoin (FIL) and DAI investors are pretty disappointed in the performance of these tokens. That’s why we recommend you something new. VC Spectra (SPCT) comes with excellent perks and a 627% surge while in presale. So, instead of wasting time, become an SPCT holder and experience unique benefits!...
Bitcoin’s Historic Surge: Record 682,281 Transactions in a Day Mark 2023 as Year of Increased Activity
6.8.2023
In a year marked by historic milestones, the Bitcoin network has recorded its most active period ever, processing the highest number of confirmed transactions per day. The network reached an all-time high on May 1, 2023, with 682,281 transactions. This unprecedented activity began its upward trend...
While Worldcoin Sees a 148% Surge in Unique Addresses, the Top 20 Wallets Command 94% of WLD Supply
6.8.2023
Worldcoin’s native cryptocurrency, worldcoin (WLD), has oscillated in value between $2.69 and $2.13 per token throughout the preceding 12 days, peaking at $3.30 per coin on July 24, 2023. The number of individual addresses possessing WLD under Worldcoin’s umbrella has surged by more...