Tag: Cryptocurrency investment
Bitcoin Hashrate Reaches Record High with Publicly-Listed Miners’ Dominance
The bitcoin network has seen a significant increase in hashrate, surpassing 700 EH/s for the first time. This marks a 6% growth in the past week, indicating a strong uptrend in mining activity. Hashrate...
D.O.G.E Coin Surges 7% After Musk Endorses at Trump Rally
Elon Musk's recent endorsement of a proposed "Department of Government Efficiency" (D.O.G.E) has caused a 7% surge in the price of Dogecoin, pushing it over 13 cents for the first time since late July....
Tether Invests $3 Million in Kem to Boost USDT Adoption
Tether, the leading stablecoin issuer, recently made a strategic investment of $3 million in the Kem app to increase the adoption of its stablecoin USDT. This investment aims to help Tether reach new markets...
Analysis: Short-Term Holders Hold 2.5M BTC at Loss
Short-Term Holders Hold 2.5M BTC at LossRecently, it has been reported that short-term holders of Bitcoin are currently holding 2.5 million BTC at a loss. This news has sparked interest and concern among the...
Navigating Short-term Bitcoin Investing: How to Avoid Panic Selling
Short-term Bitcoin investors are currently facing challenges as the average price for short-term holders stands at $64,860. This could lead to panic selling if there is another significant sell-off in the market. The latest...
Poodlana Token: Don’t Miss Your Chance to Invest in 2024’s Hottest Crypto
Cryptocurrency prices saw a significant increase at the end of the week, with Bitcoin bouncing back from Monday's losses and rising from about $49,000 to over $60,000. Solana and Sui also experienced jumps in...
DTX Exchange Raises $1.2 Million, Cryptocurrency Market Turns Green
DTX Exchange Raises $1.2 Million, Cryptocurrency Market Turns GreenCryptocurrency prices made a strong recovery this week after concerns about the Japanese yen faded. Following a sharp decline on Monday, most cryptocurrencies saw double-digit gains....
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,...
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...
Valour Launches Digital Asset ETPs in Kenya, Expanding Beyond Europe
Valour, a crypto fund issuer, has made a significant move beyond Europe by partnering with the Nairobi Securities Exchange (NSE) and SovFi to introduce digital asset exchange-traded products (ETPs) in Kenya. This collaboration will...