Bitcoin has approached its all-time high before facing rejection, showcasing the volatility that comes with crypto assets. The recent surge in bitcoin price is supported by various factors, such as surpassing the average realized price for short-term investors after crossing the $63,500 mark. This indicates renewed market strength and confidence among investors. Market capitalizations of
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China has played a significant role in the Bitcoin industry, particularly in mining and trading activities. In 2017, Chinese miners accounted for over 70% of the Bitcoin network’s hashrate, establishing the country as a dominant force in the global mining sector. Despite regulatory challenges such as the banning of Initial Coin Offerings (ICOs) and shutting
SBINFT recently announced the relaunch of its NFT marketplace, SBINFT Market, with a complete makeover aimed at enhancing the user experience. The revamped platform now features improved UI/UX and enhanced features, making it easier for partners and collectors to navigate through various NFT collections designed for Web3 communities. One of the key goals of the
After reaching a high of $73,400 in March 2024, the Bitcoin price has been on a downward trend, staying below its peak for the last four months. Despite this, there is optimism surrounding a potential recovery, with crypto analyst “Melikatrader94” predicting a resurgence to $77,600. The analyst’s thesis is based on bullish chart patterns, particularly
Greetings Verse Community, We are excited to announce the results of our recent brand refresh voting proposal. The community has spoken, and a clear winner has emerged! Proposal Recap In our ongoing effort to make the Verse Ecosystem more inviting, relatable, and inclusive, we proposed a brand refresh. The goal was to modernize our brand elements — trademark,
Solana (SOL) has recently made significant strides in the cryptocurrency market, climbing to become the fourth-largest digital asset by market capitalization. With daily price gains of nearly 5%, SOL is currently trading at around $192, with a market cap approaching $90 billion. This surge in value has propelled SOL above Binance Coin (BNB) in terms
US Republican Presidential candidate Donald Trump recently made headlines when he addressed the Bitcoin 2024 conference in Nashville on July 27. During his speech, Trump made bold promises to the crypto community, including his plans for the US government’s Bitcoin holdings if elected. He pledged that his administration would enforce a policy requiring the government
Shibarium, the layer-2 blockchain solution for Shiba Inu, has recently reached a milestone by processing over 6 million blocks. This is a significant achievement considering the protocol was officially launched less than a year ago. The increase in processed blocks indicates a surge in activity within the network, as well as a growing interest in
In the competitive world of crypto exchanges, Zoomex has set itself apart by prioritizing user anonymity. Unlike many other platforms that require extensive Know Your Customer (KYC) verification processes, Zoomex does not mandate KYC. This policy ensures that users can trade confidently, knowing their personal data remains private and secure. This emphasis on privacy particularly
In a bold move that has sparked a lot of discussion and debate, Republican representative for Wyoming proposed the idea of creating a strategic Bitcoin reserve for the United States. This idea was presented at the Bitcoin 2024 Conference in Nashville on July 27, with the goal of securing the country’s economic future and solidifying
Wong Ching-kit, a Hong Kong native and self-proclaimed crypto promoter, has found himself in hot water due to his alleged involvement in various criminal activities, including a cryptocurrency scam amounting to over HK$3 million ($384,310). Known as the “Coin Young Master,” Ching-kit has a troubled past that involves brushes with the law, including theft convictions
In the fast-paced world of cryptocurrency trading, meme coins have emerged as a popular and potentially lucrative investment option. These digital assets, characterized by their humorous or quirky branding, have captivated the attention of traders looking to capitalize on short-term price surges and significant returns. One such example is Pepe (PEPE), a meme coin that
In the midst of the crypto bull run of 2021, non-fungible tokens (NFTs) and the cryptocurrencies tied to them emerged as a dominant trend. While the hype has somewhat subsided, the market for these coins still remains active, boasting a total market capitalization exceeding $30 billion according to CoinGecko’s data. A recent ranking by Santiment
Semilore Faleti is a cryptocurrency writer with a specific focus on journalism and content creation. His journey in the field began with a wide range of topics, but he eventually found his niche in unraveling the complexities of blockchains and digital currencies. Faleti is captivated by the efficiency of digital assets in terms of value
The Bitcoin market has been experiencing a hot streak, with the price returning to past highs that investors are familiar with. However, recent on-chain insights suggest that the market may not stay quiet for much longer. Popular crypto analyst Ali Martinez recently revealed that Bitcoin miner capitulation appears to have come to an end. The
With the upcoming US presidential elections featuring a diverse range of candidates such as Donald Trump, Kamala Harris, Robert Kennedy, the possibility of a new leader has raised questions about the future of the cryptocurrency market. Among these candidates, Robert Kennedy stands out with his pro-crypto policies, sparking speculations about the potential impact on Bitcoin’s
Ferrari, the renowned Italian luxury sports car manufacturer, is set to expand its cryptocurrency payment system to its network of European dealers by the end of July. This strategic move is aimed at further modernizing the payment options available to customers across Europe. By leveraging digital currencies, Ferrari intends to streamline transactions and attract a
Senator Cynthia Lummis recently introduced new legislation proposing the establishment of a Bitcoin strategic reserve for the US, totaling at least 1 million BTC. This initiative aims to accumulate 5% of the total Bitcoin supply and was announced at the Bitcoin2024 conference on July 27, following former President Donald J. Trump’s keynote address. The proposal
In a recent development, a group of Democrat politicians penned a letter to the Democratic National Committee (DNC) advocating for a shift in the party’s stance on crypto and blockchain technology. The letter, which emphasized the need for a more forward-looking approach, highlighted the vast potential that digital assets and blockchain hold for American innovation,
Cardano, a prominent blockchain platform, is on the verge of a significant milestone with the impending Chang hard fork. This critical juncture comes on the heels of a recent upgrade to its node validation software, setting the stage for the upcoming update. The Cardano ecosystem is currently witnessing a surge in activity, which could potentially
President Donald J. Trump has recently made bold claims about his plans for the future of Bitcoin in the United States. He vows to make the US a “Bitcoin superpower” and maintain its lead over competitors like China. Trump’s vision includes ensuring that the US government retains the roughly 200,000 Bitcoin it currently holds, representing
Bitcoin mining giant, Marathon Digital, has recently made a bold move by investing a whopping $100 million in BTC. This significant investment comes at a time when Bitcoin has faced price drops, showcasing MARA’s unwavering confidence in the long-term potential of the pioneering cryptocurrency. In a recent press release, Marathon Digital, previously known as MARA,
The launch of spot Ethereum ETFs was met with anticipation, but the immediate results have been quite underwhelming. Comparisons have been drawn to the spot Bitcoin ETF launch earlier in the year, where the numbers tell a different story. On the first day of trading, the nine spot Ethereum ETFs saw solid net flows of
Semilore Faleti’s journey in the world of cryptocurrency writing began with a broad spectrum of topics, but he quickly discovered his passion for unraveling the complexities of blockchains and digital assets. His dedication to understanding the efficiency of cryptocurrencies in storing and transferring value drove him towards becoming a staunch advocate for their adoption. Over
The year 2024 has been eventful for the cryptocurrency industry, with significant developments occurring not only for Bitcoin but also for Ethereum. The validation of almost ten exchange-traded funds tracking Ethereum’s performance, approved by the US Securities and Exchange Commission, marked a milestone for the digital asset. However, the initial days of trading for these
Jan van Eck, the CEO of VanEck, an investment management company, recently expressed his confidence in Bitcoin during the BTC Conference in the United States. He revealed that he has allocated more than 30% of his portfolio to the primary digital asset, showcasing his bullish outlook on the cryptocurrency. Van Eck, known for launching spot
Kennedy is proposing a bold idea – for the federal government to purchase Bitcoin until its value matches the nation’s gold reserves. This would mean acquiring approximately 9.4 million BTC, or 45% of the total Bitcoin supply. His belief is that Bitcoin is an “honest currency” that should be treated with the same regard as