Bitcoin

In a remarkable achievement, a solo Bitcoin miner recently claimed a $200,000 block reward, proving that lone miners can effectively compete with larger mining operations. The news has garnered attention from fellow miners and crypto enthusiasts, shedding light on the potential of solo mining in the industry. Software engineer and admin of Solo Ckpool, Dr.
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Over the past week, LUNA, the native token of the Terra 2.0 blockchain, has experienced a significant surge in value. This rally can be attributed to the impressive performance of Bitcoin, which has been climbing steadily towards the $35,000 mark. After enduring a bearish phase for several weeks, LUNA investors can finally breathe a sigh
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Maker (MKR) has experienced an impressive rally, surging over 170% from its June 2023 lows. However, recent price action and decisions made by influential whales suggest that the bullish momentum may be losing steam. Currently, MKR is trading near its 2023 highs but has retreated by 16% from its peak in October. A concerning development
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Loopring, the layer-2 decentralized exchange (DEX) for Ethereum, has recently announced a change in approach. The platform is going multi-network and expanding its core pillars from three to four. This strategic update aims to enhance the functionality of the Loopring Dapp and attract more users from diverse platforms. Under the new shift, the Loopring Dapp
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In a recent blog post titled “The Periphery,” Arthur Hayes, the former CEO of BitMEX, shares his views on the potential future of Bitcoin (BTC) and highlights the significance of geopolitical risks. As the world grapples with heightened tensions and economic uncertainties, Hayes delves into how these macro factors can shape the trajectory of Bitcoin.
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Since its inception, Ethereum has faced relentless criticism from Bitcoin maximalists who argue that Bitcoin is the only valuable cryptocurrency. Despite holding the second-highest percentage of the cryptocurrency market value, Ethereum continues to be targeted by skeptics. Recently, prominent Bitcoin enthusiast Steve Barbour went as far as labeling Ethereum as “garbage” and questioning its future.
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The Fantom Foundation, a non-profit organization dedicated to supporting the growth and development of the Fantom ecosystem, has recently suffered substantial financial losses due to a phishing attack. According to reports from CertiK, a blockchain security firm, two Fantom Foundation wallets on Ethereum and the Fantom Network were compromised, resulting in a loss of over
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Bitcoin, the world’s leading cryptocurrency, has experienced a remarkable surge in its price, reaching a staggering $28,004. This significant increase can be attributed to several key factors that have influenced the market dynamics in recent days. In this article, we will delve into the primary reasons behind Bitcoin’s price movement, exploring the impact of regulatory
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Ethereum has been in a descending channel against Bitcoin since August of last year, indicating that Bitcoin has been the superior investment during this period. However, historical trends suggest that this situation may change soon, with Ethereum potentially entering an accumulation phase. Currently, Ethereum is trading at $1600, representing a 22% decrease from its price
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The trial against FTX co-founder Sam Bankman-Fried took an intriguing turn as Zac Prince, the CEO of defunct crypto lender BlockFi, provided testimony in a Manhattan federal courtroom. Prince’s appearance provided valuable insights into the intricate relationship between BlockFi, FTX, and Alameda Research. According to a Bloomberg report, Prince revealed that BlockFi had substantial exposure
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A trader on Aave, a decentralized liquidity protocol, has found themselves in a challenging situation as they attempt to repay outstanding debt. The trader has taken on multiple stablecoins, including USDC, USDT, and DAI, worth approximately $8 million, while depositing various assets such as WBTC, Maker (MKR), and Ethereum (ETH) valued at around $11 million.
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The recent rumors surrounding the US Securities and Exchange Commission (SEC) granting Ethereum a regulatory free pass have sparked a heated debate within the crypto community. Cardano founder Charles Hoskinson recently weighed in on the issue, providing his thoughts on the matter. However, a critical analysis reveals potential biases and raises questions about the fairness
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In the world of Bitcoin, whales hold significant power due to their ability to influence the market through large-volume transactions. These transactions are closely watched by investors and traders, as they have the potential to set off a chain reaction in the market. Recently, on-chain data revealed the awakening of a particular whale that had
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Solana, a layer 1 proof-of-stake blockchain, has recently introduced version 1.16, which includes an exciting feature called “Confidential Transfers.” This update focuses on enhancing user privacy by incorporating encrypted Solana Program Library (SPL) token transactions. While previous versions of Solana prioritized anonymity, version 1.16 aims to provide confidentiality. The adoption of this update by Solana’s
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The cryptocurrency market has witnessed Ethereum (ETH) outperforming Solana (SOL) in the weekly chart for the past two years. However, according to technical analyst “CryptoGodJohn,” this trend is about to change, especially considering the candlestick arrangement of the SOLETH chart on the weekly chart. While this may seem like the perfect opportunity for traders to
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