Bitcoin mining firm, Hut 8 has announced optimization of its Salt Creek mining location in Texas ahead of the halving. In an April 16 statement, the North American-based miner disclosed innovations to its facilities. According to the statement, the miner energized one-third of its 63MW site to boost pre-halving figures giving the firm an edge. […]

After sustaining a downtrend for a few days, Bitcoin price is slowing flipping $42,000 into support ahead of springboarding towards $50,000. The largest crypto has continued to face increasing selling pressure post-spot BTC exchange fund (ETF) approval. Bitcoin Price Prediction Post-Spot BTC ETF Green Light Industry experts and analysts generally believe a few factors led to Bitcoin […]

Long-term crypto investments allow continuous profitability for the traders. They help eliminate the risk related to the inherent volatility of the market while offering rewards. This article includes the top 12 long term crypto investment options. Investing over the long term can mitigate some short-term risk and volatility and allow investors to choose established, credible […]

The United Nations Office on Drugs and Crime (UNODC) has recently released a concerning report highlighting the misuse of cryptocurrency in the burgeoning illicit economies of East and Southeast Asia. This development marks a significant challenge for global law enforcement agencies as criminals increasingly leverage digital currencies and modern technology.   Sophisticated Cyber Fraud and Illegal […]

Shiba Inu: Memecoins are once again on crypto market traders’ and investors’ radars as the majority of these tokens showcased signs of a recovery today, April 17. Amidst this recovery chronicle embarked upon by meme coins, Shiba Inu’s SHIB and BONE Shibaswap, a Shibarium token, appear to be garnering substantial investor optimism across the global […]

In a surprising turn of events, TrueUSD (TUSD), the stablecoin issued by TrustToken, has experienced a significant de-pegging, making it the first stablecoin of 2024 to face such a challenge. The sharp decline in value for the second time in recent months, fueled by whale actions and market dynamics, has intensified discussions about stablecoin vulnerabilities, […]

Ethereum (ETH) has fallen following recent crypto liquidations this week. While most outflows can be attributed to the general market sentiment, institutional funds play a major role in the asset’s wider acceptance. This year, the United States Securities and Exchange Commission (SEC) approved spot Bitcoin (BTC) ETFs which saw an inflow of traditional investors in […]

The crypto market, bruised but not broken by last week’s post-BTC ETF sell-off, is starting to paint a picture of cautious optimism. Bitcoin price, leading the charge, has clawed back 2% to $43,068, with Ethereum price following suit at $2,556, up another 2%. The green wave has washed over the market, pushing the total cap 1.3% higher […]

Sam Altman’s Worldcoin is looking to launch its Layer-2 blockchain dubbed World Chain, to improve its efficiency as it continues to onboards new users. World Chain to Improve Worldcoin Efficiency The upcoming project was announced by Tools for Humanity, the core developer behind the Worldcoin project. According to the company, World Chain will be secured by the […]

In a temporary relief to businesses dealing with crypto, the U.S. Treasury Department and the Internal Revenue Service (IRS) have announced a delay in the enforcement of new reporting requirements for digital asset transactions. This postponement comes as the agencies work on implementing regulations following changes introduced by the Infrastructure Investment and Jobs Act. Temporary pause to earlier guideline […]