Nasdaq-listed Bitdeer on Monday announced a transition in its current management. The Bitcoin miner named its founder and chairman as its new CEO. The company’s decision to go through a management restructuring comes at a time when it is undergoing a market cap expansion and growing customer base. Bitdeer names founder and chairman as new […]
GBTC Outflows Dip by 50% as Bitcoin ETFs Continue to Gain Traction
The BlackRock Bitcoin ETF recently achieved a significant milestone, surpassing $2 billion in holdings. This achievement comes amid a decrease in outflows from the Grayscale Bitcoin Trust (GBTC), which saw a 50% dip. However, the market observed Bitcoin maintaining its grip on the $43,000 mark as of press time, trading at $43,137 despite bearish pressure […]
Here’s Why Terra Classic (LUNC) Price Is At Risk Of 30% Fall
Amid the market uncertainty surrounding the Bitcoin ETF launch, the Terra Classic Coin price traded sideways for a major portion of January 2024. The daily time chart validates this consolation as the formation of a bearish pennant. A recent breakdown below the triangle’s support hints at the intensifying selling momentum and risk of prolonged downfall. […]
EU Proposes Stricter Rules for Non-EU Crypto Firms
The European Securities and Markets Authority (ESMA) has recently laid stringent operational guidelines for crypto firms outside the European Union (EU). Consequently, these firms face severe restrictions in directly serving clients within the EU, marking a significant development in cryptocurrency regulation. The primary aim is to curb unfair competitive practices and ensure a level playing […]
Crypto Loot Worth $623M Recovered in 2023: Report
Blockchain security firm PeckShield has released an annual report that detailed the series of crypto hacks perpetrated in 2023 and the volume of stolen crypto for the year. Stolen Crypto Incidence Drops in 2023 According to an X post from PeckShield, 2023 saw over 600 major crypto hacks that led to the loss of approximately […]
Solana Price Prediction As SOL Holds Strong Above $97 Mark, Eyeing Next Breakout At $140
Solana price prediction: SOL price has witnessed a remarkable trajectory in the digital currency realm throughout 2023. This altcoin’s value soared by an impressive 900%, showcasing its potential and capturing the attention of investors. Despite this remarkable growth, the onset of January marked a period of correction. SOL dipped by around 20%, slipping beneath the […]
Cardano Expands with Blockfrost Investment; Here’s Where the Network Stands Now
Cardano’s latest strategic investment in the Blockfrost API, developed by Five Binaries, is a significant step in its infrastructure evolution. Input Output Global, which backs Cardano, said in a blog post that Blockfrost has been instrumental for developers by providing an efficient, scalable way to access Cardano’s blockchain without a local node. It noted, “Blockfrost’s value to […]
Crypto Price Prediction For January 29: XRP, DOT, SUI
Crypto Price Prediction: The cryptocurrency market commenced the new week with stability, as several major digital currencies aimed to build upon the rebound observed last week. Bitcoin, the leading cryptocurrency, is currently experiencing a 0.61% increase, maintaining its position above the $42,000 threshold. Although the likelihood of a sustained recovery remains unclear, a recent surge […]
LUNC News: Terra Classic Community Votes To Repeal Major Proposal
Lunc News: Popular Terra Luna Classic validator brings a proposal to repeal 11889 pay-per-job proposal as it turns out to be hindering developments on the chain. A stalemate between Terra Luna Classic validators blocked a proposal for the L1TF core security upgrade package as validators including Allnodes claimed it violates the pay-per-proposal. Terra Classic Proposal To […]
Solana’s WEN Meme Coin Challenges Dogecoin & Shiba Inu’s Dominance
WEN (WEN), a Solana meme coin, has recorded a phenomenal price surge today. This comes after the Jupiter Exchange announced additional WEN airdrop rewards. The move was taken to celebrate the listing of the Jupiter Perpetual Contract on Aevo. Thereafter, the WEN crypto price soared 35%, giving stiff competition to major meme coins, such as […]