104 / 238 Relevant items tagged with #cryptocurrency
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Cleanspark to Upgrade Mining Fleet With 100,000 S21 Pro Bitcoin Miners From Bitmain
[Apr 12, 2024 8:39 AM] The publicly traded bitcoin mining company Cleanspark has exercised its option to acquire 100,000 bitcoin mining machines from Bitmain. The firm initially secured the option last year, and the agreement has now been enhanced to include the latest…
Bitcoin Technical Analysis: BTC Traders on Edge as Mixed Signals Keep Market Guessing
[Apr 12, 2024 6:21 AM] As of April 12, 2024, bitcoin’s price exhibits resilience, trading at $70,748, with oscillators showing mixed signals while moving averages firmly suggest a bullish trend heading into the weekend. Bitcoin The relative strength index (RSI) on…
A Fifth of Gen Z, Millennials Own Crypto; Over 60% Have Tried at Least One of Six Financial Hacks
Venezuelan Probe Unveils Crypto Money Laundering Scheme Linked to Oil Sale Embezzlement; Kraken Involved
[Apr 11, 2024 11:36 PM] The Venezuelan Attorney General, Tarek William Saab, unveiled the second wave of detentions linked to a crypto money laundering scheme derived from unregistered oil sales paid in different currencies and crypto. The former president of the…
Costco Gold Business Booming: Estimations Put Monthly Sales Close to $200 Million
[Apr 11, 2024 9:23 PM] According to Wells Fargo estimations, U.S.-based retailer Costco runs a $200 million gold business monthly. Consumer trust in the organization and its aggressive pricing have made Costco’s one-ounce bars of 24-karat gold a popular choice for…
Sam Bankman-Fried Files Notice of Appeal, Challenges Conviction and Sentence
[Apr 11, 2024 7:36 PM] Former FTX CEO Sam Bankman-Fried formally lodged an appeal against both his conviction and sentence with the District Court for the Southern District of New York (SDNY) on Thursday. Bankman-Fried’s legal representatives had anticipated this move…
Rich Dad Poor Dad Author Robert Kiyosaki Believes Bitcoin Price Will Reach $2.3 Million
[Apr 11, 2024 5:17 PM] Rich Dad Poor Dad author Robert Kiyosaki says he believes that the price of bitcoin will reach $2.3 million, citing a prediction by Ark Invest CEO Cathie Wood. Meanwhile, he said stock, bond, and real estate markets are “set to…
DAI Circulation Approaches 5 Billion As MakerDAO Unleashes Key Updates
[Apr 11, 2024 5:00 PM] In a recent announcement on the social media platform X (formerly Twitter), MakerDAO, the Ethereum-based protocol responsible for issuing the DAI algorithmic stablecoin, provided insights into the performance of the Maker Protocol following recent…
Circle Unveils Smart Contract Service for Blackrock BUIDL Holders to Convert to USDC
[Apr 11, 2024 1:16 PM] On Thursday, the financial technology firm and stablecoin provider Circle introduced smart contract capabilities aimed at enabling holders of the Blackrock USD Institutional Digital Liquidity Fund (BUIDL) to exchange their shares for USDC through…
43 Bitcoin Projects Secure Key Funding in 2024 Attracting Over $127 Million
[Apr 11, 2024 11:36 AM] Since the onset of 2024, the Bitcoin ecosystem has seen an influx of capital flowing into startups. Data gathered by Coin98 Analytics from the web portal crypto-fundraising.info, reveals that over the past few months, 43 Bitcoin-centric projects…
Fidelity’s FBTC Gains Ground, Absorbing Over 1,000 BTC Amid Wednesday’s $123M Inflow
Bitcoin Difficulty and Hashrate Reach Record Highs as Halving Draws Closer
[Apr 11, 2024 7:43 AM] Bitcoin’s network difficulty climbed to an unprecedented peak on April 10, 2024, at block height 838,656, increasing by 3.92% to reach 86.39 trillion. This escalation in difficulty will make it increasingly challenging to mine blocks as the…
First Digital Labs to Launch FDUSD on L1 Blockchain Network Sui
[Apr 11, 2024 6:35 AM] The stablecoin issuer First Digital Labs has announced its intention to debut its dollar-pegged token FDUSD on the Sui network. This collaboration is described as a “strategic alliance aimed at enhancing liquidity and efficiency of…
Leaked Personal Info of Over 5 Million Salvadorans Apparently Linked to Chivo Wallet
[Apr 11, 2024 5:33 AM] A database with the personal information of over 5 million Salvadorans was recently leaked in a data breach forum. The database, which has been around since August and has recently been linked to Chivo, El Salvador’s national cryptocurrency…
Crypto Expert Unveils Most Undervalued Altcoin Right Now
[Apr 11, 2024 5:08 AM] Charles Edwards, the founder of crypto hedge fund Capriole Investments, spotlighted what he believes to be the most undervalued altcoin at the moment. Via a statement on X, Edwards pointed to PENDLE, a token operating within the DeFi space, citing…
Coinbase, A16z-Backed Web3 Ad Network Everyworld to Begin Community Airdrop
[Apr 11, 2024 2:48 AM] Everyworld, the Coinbase and A16z-backed Web3 advertising network, is set to start its community airdrop on April 15. Users who wish to participate in the airdrop must not be U.S. citizens or residents of 25 other countries, including Australia…
Australian Securities Regulator Appeals Federal Court Ruling Favoring Finder Wallet
[Apr 10, 2024 11:37 PM] The Australian securities regulator has said it will appeal the federal court’s dismissal of its civil penalty proceedings against Finder Wallet Pty Ltd. The regulator launched penalty proceedings against the crypto firm on Dec. 15, 2022…
US Senator Says ‘So Much Appeals to Me About Bitcoin’
Lawmaker Highlights 2 Bills to Make US a Crypto Leader — Says Bitcoin Is ‘Unstoppable’
[Apr 10, 2024 5:25 PM] Congressman Patrick McHenry says bitcoin is unstoppable and every regime that’s tried to shut it down has failed. He emphasized that the U.S. must become a leader in digital assets, noting that two congressional bills offer a path toward…
Binance CEO Discusses Company’s Plan After Settlement With US Authorities
Changing Tides: Restaking Takes Center Stage In Ethereum (ETH) Staking Landscape
[Apr 10, 2024 4:00 PM] In recent months, the Ethereum staking landscape has witnessed significant transformations, prompting a shift in investor preferences and reshaping the sector’s dynamics. According to on-chain data researcher and strategist at 21Shares, Tom…
Auradine Secures $80 Million in Series B to Accelerate Bitcoin Mining Rig Production
[Apr 10, 2024 3:30 PM] On April 10, the bitcoin mining rig producer Auradine revealed it had secured an $80 million investment in a Series B funding round. Additionally, the company highlighted that it has also achieved $80 million in bookings. Auradine Raises $80…
Is The Bull Run Nearing its End? Marathon CEO Asserts Bitcoin ‘Halving’ Rally Already Priced In
[Apr 10, 2024 1:30 PM] In anticipation of the upcoming Bitcoin Halving event, which is expected to occur later this month, Marathon Digital CEO Fred Thiel believes that the price impact may already be factored into the market to a certain extent. Thiel shared his…
Stepn Rewards Move-to-Earn Users With $30 Million in FSL Points Airdrop
[Apr 10, 2024 12:35 PM] On Wednesday, the Web3 fitness and move-to-earn platform Stepn unveiled a $30 million airdrop campaign, offering participants the chance to earn FSL points that can be exchanged for GMT tokens. Stepn Reveals $30M Airdrop, Precedes Big Brand…
US Spot Bitcoin ETFs Record $19.4 Million in Outflows, GBTC Holdings Decline
[Apr 10, 2024 11:39 AM] U.S. spot bitcoin exchange-traded funds (ETFs) experienced another round of net withdrawals, documenting a $19.4 million decrease. The holdings of GBTC diminished from 322,697.17 bitcoins to 318,451.70. U.S. Spot Bitcoin ETF Landscape: Outflows…
Anticipation Builds as Bitcoin Stands Less Than 1,400 Blocks From Monumental Halving
[Apr 10, 2024 9:31 AM] According to the latest data, we are now less than 1,400 blocks away from the anticipated Bitcoin halving event, which will decrease the block reward from 6.25 bitcoin to 3.125 bitcoin. Bitcoin’s value soared to a new all-time high on March…
Bitcoin Technical Analysis: BTC Remains Range Bound Ahead of US Inflation Report
Filecoin Staking Protocol Core Team Detained by Chinese Police; $22 Million in FIL Tokens Sent to Unknown Address
[Apr 10, 2024 5:21 AM] STFIL, the Filecoin liquid staking protocol, believes its core technical team is being investigated by the Chinese police. The STFIL team said it also recently detected abnormal and unscheduled upgrades to the protocol. During the core technical…
Bitwise President Praises Tether’s Successful Business Model
[Apr 10, 2024 2:23 AM] Teddy Fusaro, president of Bitwise, one of the crypto index fund managers, has praised the business model of Tether, the company behind the largest stablecoin in the crypto market. Fusaro emphasized that Tether obtained net income numbers close to…