Bitcoin Miner Bitfarms Mines 411 BTC in September 2023

Bitfarms, a Canadian Bitcoin mining firm, mined 411 BTC in September 2023, marking a 7.3% increase from the previous month. The company sold 362 BTC, generating $9.5 million in revenue. Bitfarms has been expanding its operations, including fully energizing its Argentina facility at Rio Cuarto to 51 MW, and increasing its total operating capacity to […]

Memeinator raises over $500k less than a week after presale launch

Key takeaways The Memeinator presale launched a few days ago, and the team has raised more than $500k so far. The token’s price will increase to $0.0118 in the next presale round. Memeinator’s presale is now finally live and has attracted interest from investors. The project has already raised considerable amounts over the last few […]

Celsius seeks court approval to start repaying customers by year-end

The embattled crypto lender is seeking final court approval for a restructuring plan that will start repaying creditors before the end of 2023.

Investment insights: Is Cardano underperforming in 2023?

As we assess the potential of investments for 2023, we must examine whether Cardano (ADA) has achieved the expectations of its patrons and the wider crypto markets. To gauge if ADA has been successful, we shall analyze recent developments, partnerships, and the most influential factors driving its current state as of 2023. This combination of […]

Ethereum Price Trims Gains But Here’s Why ETH Could Start Fresh Rally

Ethereum price corrected gains from the $1,750 zone against the US dollar. ETH is holding the key $1,620 support and might start a fresh rally. Ethereum is correcting gains from the $1,755 high. The price is trading below $1,700 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line […]

Class-Action Lawsuit Targets Binance and CZ for Market Manipulation That Affected FTX

The post Class-Action Lawsuit Targets Binance and CZ for Market Manipulation That Affected FTX appeared first on Coinpedia Fintech News Binance, the leading crypto exchange, and its top executive, Changpeng Zhao, known widely as CZ, face mounting legal pressures. A California resident, Nir Lahav, brought a class-action lawsuit, alleging market manipulation strategies targeting former rival […]

Hong Kong could be a ‘tailwind’ for lagging crypto activity in Asia: Chainalysis

Recent crypto advancements in Hong Kong could provide a “potential tailwind” to lift crypto activity in the East Asian region, which has mainly suffered from a China-wide ban on trading activities since 2019. Cryptocurrency value received in East Asia amounted to just 8.8% of the world between July 2022 and June 2023, according to an […]

IOTA 2.0: Unleashing New Dimensions in Consensus, Settlement, and Asset Tokenization in Billion-Dollar Market

IOTA 2.0 introduces a meticulously redesigned protocol, aspiring to bring about digital autonomy globally by leveraging its decentralized, egalitarian, and sustainable Distributed Ledger Technology (DLT). The system deploys a Directed Acyclic Graph (DAG), called the Tangle, and a collaborative, asynchronous Nakamoto-based consensus mechanism, seeking to eliminate scalability issues, maintain network utility, and deter third-party control. […]

Bitcoin Price Sees Technical Correction But The Bulls Are Not Done Yet

Bitcoin price extended its increase toward the $28,500 resistance. BTC corrected gains and is currently holding a key support at $27,350. Bitcoin climbed further higher above the $28,000 and $28,200 resistance levels. The price is trading above $27,400 and the 100 hourly Simple moving average. There is a major bullish trend line forming with support […]

Grayscale to convert its Ethereum Trust to a spot ETH ETF: Will that boost institutional interest in altcoins

Key takeaways Grayscale has filed to convert its Ethereum Trust to a spot ETH exchange-traded fund (ETF). Shiba Memu’s presale has now officially surpassed the $3.5 million mark. The cryptocurrency market has underperformed over the last few hours, but that hasn’t halted investors’ interest in several crypto projects. Shiba Memu’s presale has now officially surpassed […]