Tag: Cryptocurrency news

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Genesis Trading Returns $3 Billion to Customers, Transfers 32,256 BTC

Genesis Trading recently completed a significant transfer of assets, moving 32,256 BTC valued at $2.12 billion and 256,775 ETH worth about $838 million to various addresses. This transfer is part of the company's efforts...
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Bitcoin Network Difficulty Reaches Record High Amid Price Volatility

Bitcoin’s network difficulty has reached a new high, hitting 90.67 trillion on August 2, 2024, as reported by CoinWarz. This achievement comes after a period of declining difficulty, indicating a resurgence in miner confidence...
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CleanSpark expands Bitcoin mining operations with first site acquisition in Wyoming

CleanSpark, a Nasdaq-listed BTC miner, has expanded its Bitcoin mining operations by acquiring its first site in Wyoming. The company has executed 75 megawatts of power contracts, with 30 MW allocated for the first...
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Crypto Market Update: Bitcoin Price Drops to $62k Alongside Stock Market Decline

Bitcoin's price took a hit on August 1, dropping to nearly $62,000, its lowest level since mid-July. This decline was part of a broader trend in the cryptocurrency market, with the global market cap...
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Bitcoin Airdrops: U.S. Government’s Political Influence on Protocol

Last week's Bitcoin Nashville conference made waves in the crypto world as former U.S. President Donald Trump and Senator Cynthia Lummis made significant statements regarding Bitcoin. Trump suggested using the government's existing holdings of...
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Building a Blockchain-Based Professional Network: Coinbase and Google Veterans Secure $5M

Icebreaker, a new professional networking platform co-founded by former employees of Coinbase and Google, has successfully raised $5 million in a seed round to develop a blockchain-based alternative to LinkedIn. The funding was led...
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Bitcoin Weekly Loss Continues as Yen Strengthens Post BOJ Rate Hike

Bitcoin continued to face pressure this week as the Japanese yen gained strength in the foreign exchange market following the Bank of Japan's decision to raise interest rates and implement measures to tighten liquidity....
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Preparing for the Next Crypto Bull Run: Poodlana Raises $3.5M

Crypto investors are gearing up for a potential bull run in the crypto market, with Bitcoin showing signs of strength and other tokens following suit. Solana meme coins like Book of Meme (BOME), Dogwifhat...
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Bitcoin Price Surge Expected as Supply Decreases, Analyst Predicts

Christian, a dedicated journalist, delves into the world of cryptocurrency with a passion for storytelling and deciphering complex jargon for the masses. With a background in academia and a successful career in journalism, Christian...
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Xapo Bank Named Title Sponsor for Bitcoin 2024 Summit

BTC Inc, the organizer of The Bitcoin Conference, recently announced that Xapo Bank has signed on as the title sponsor for Bitcoin 2024. Xapo Bank is a fully licensed bank that offers banking services...