Tag: Blockchain Technology
Bitcoin Reaches $125 Trillion in Transaction Volume: A Milestone in Cryptocurrency History
Bitcoin's transaction volume has reached an impressive milestone, hitting $125 trillion in FIAT terms, according to recent data. This marks a significant increase from the $114 trillion recorded at the beginning of the year,...
TOKEN2049 Singapore: World’s Largest Web3 Event with 20,000 Attendees
TOKEN2049 Singapore: World's Largest Web3 Event with 20,000 AttendeesTOKEN2049, known as the world's largest crypto event, is gearing up for its highly anticipated return to Singapore in 2024. The event will be held at...
Bitcoin Profitability Before and After Halving: A Detailed Analysis
Bitcoin's profitability has been a hot topic of discussion recently, especially with the upcoming halving event. According to recent data, the percentage of Bitcoin addresses in profit hit 100% before the halving but fell...
Coinbase and MicroStrategy Surge as Bitcoin Price Hits $59k – CoinJournal
Coinbase and MicroStrategy stocks have experienced a significant increase, rising by 6% and 7% respectively, as the price of Bitcoin surged above $59,000. This positive movement in the market on August 8th saw Coinbase...
Evaluating the Effectiveness of Sanctioning Tornado Cash
Sanctions are put in place by the U.S. government to prevent activities like money laundering and funding terror groups. The New York Federal Reserve has found that sanctions against Tornado Cash have had an...
Grayscale Expands Crypto Product Suite with Sui and Bittensor Trusts
Grayscale, a well-known investment firm, has recently expanded its crypto product suite by introducing two new trusts focused on the Sui blockchain and the decentralized AI network Bittensor. These new trusts aim to provide...
Analyzing MicroStrategy’s Success: Semler Scientific’s Bitcoin Strategy Shift
Semler Scientific recently made a significant shift in its investment strategy by converting much of its cash holdings to bitcoin. This decision came after Eric Semler, the company's chairman, became more actively involved in...
Ronin Network Hit by $9.8 Million Exploit, Halts Bridge Operations
Ronin Network, a popular blockchain network for games that powers the Axie Infinity game, recently made headlines after pausing its bridge operations following a $9.8 million exploit. The incident, which occurred on August 6,...
Semler Scientific Increases Bitcoin Holdings to 929 BTC
Semler Scientific recently reported its Q2 earnings, showing a decrease in revenues to $14.5 million, down 22% from the previous year. The company also reported a decrease in income from operations to $5.4 million,...
AVAX Price Analysis: $21.73 Support Level in Focus – What’s Next?
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to...