Mining company Hut 8 is shutting down its Bitcoin mining platform in Drumheller, Alberta, Canada.
Speculative Trades Flushed Out as Bitcoin, Ethereum, Solana’s Open Interest Drops
Bitcoin reached a fresh all-time peak, surpassing $69,300 this week, only to swiftly correct by over 10%. Prior to this event, the open interest in Bitcoin futures and perpetual pairs surged to unprecedented levels. Despite Bitcoin’s overall gain of almost 55% in the past month, the sudden drop in its value has left investors uncertain […]
Shiba Inu Teases New Product Launch: Could This Propel SHIB to $0.001?
Shiba Inu (SHIB) price rallied more than 350 percent in the past two weeks, thus signaling the bulls are in control after two years of a bear market. The launch of the Shibarium scaling solution has attracted more web3 developers to the Shiba Inu ecosystem, which recently surpassed over $1.8 million in TVL. Shiba Inu […]
Chinese Congress member proposes accelerated blockchain development
A National People’s Congress member has submitted a proposal advocating for expanding blockchain infrastructure to bolster China’s government services and economic sectors.
Bitcoin Miners Brace for Post-Halving Challenges: BTC Price Surge or Plummet?
Bitcoin miners are gearing up for the upcoming halving scheduled for April, with BTC posting mixed signals. With the mining reward set to be slashed by half, it’s been speculated that miners have recently sold off their holdings after the digital asset retested its all-time high of $69,000. The fourth Bitcoin halving in its history […]
Bitcoin ETF Frenzy: BlackRock Smashes Expectations With $788 Million Inflows In One Day
BlackRock’s Bitcoin ETF, IBIT, achieved a remarkable milestone on March 5. Attracting a staggering $788 million, it exceeded its previous record of $612 million in inflows in a single day. This surge in investment coincided with Bitcoin reaching a new all-time high (ATH) of $69,300, surpassing its previous ATH set in 2021. Bitcoin ETF Trading […]
2024’s Memecoin Millionaire-Makers: DOGE, SHIB, PEPE, BBG, and BONK!
The post 2024’s Memecoin Millionaire-Makers: DOGE, SHIB, PEPE, BBG, and BONK! appeared first on Coinpedia Fintech News Memecoins has once again caught the attention of investors after achieving a remarkable feat. Recently, the overall meme coins’ market cap crossed the $50 billion mark. At the time of writing, the overall meme coins’ market cap is […]
Lena Network suffers $2.9m rug pull, CANDY token value plummets
The Lena Network’s CANDY token lost over 95% of its value today following a rug pull of 753 Ether, or approximately $2.9 million.
BlackRock’s Bitcoin ETF Added $778 Million in BTC Amid All-Time High
The BlackRock iShares Bitcoin ETF added 12,447 BTC on Tuesday during a record-setting day for both the ETF and Bitcoin’s own price.
Despite Bitcoin’s ‘Brutal’ Selloff at $69.2K, These 3 Altcoins Boomed
3 Altcoins Surge During BTC Selloff NAIROBI (CoinChapter.com) — Bitcoin plunged sharply from over $69,200 to under $62,000 in a day, taking the crypto market down alongside. However, three altcoins ignored the downside pressure, turning out to be a hedge against the rest of the market. Which tokens withstood the pressure of Bitcoin’s selloff? Let’s discuss. […]