Tag: Cryptocurrency
Risks of MicroStrategy’s $42B Bitcoin Acquisition Plan: CoinShares Analysis
MicroStrategy's recent announcement of their plan to acquire $42 billion more worth of bitcoin has garnered attention, but according to a report by CoinShares,...
Capitalizing on U.S. Election Frenzy: Memecoin Creators Launch Thousands of New Tokens
The U.S. election has brought attention to bitcoin and the Polymarket betting platform, but it has also sparked a frenzy in the memecoin market....
Understanding Ethereum’s ‘Hardness’: Josh Stark of Ethereum Foundation on ETH’s Recent Performance
Ethereum, a popular cryptocurrency, has recently experienced a significant drop in value compared to Bitcoin. Josh Stark, a contributor to the Ethereum Foundation, discussed...
Uncertain Future for Altcoins After US Election, Bitcoin Remains Strong
As the US presidential election draws to a close, the future of altcoins remains uncertain while Bitcoin remains strong. According to a recent report...
Cryptocurrency Market Update: Dogecoin Surges 10%, Bitcoin ETFs See $541M Outflow Pre-U.S. Elections
Dogecoin (DOGE) saw a significant increase in its value recently, rising by over 10% in the past 24 hours. This surge is largely attributed...
Metaplanet Listed on CoinShares’ BLOCK Index: A Major Milestone for the Metaverse
Japanese investment adviser Metaplanet Inc. made a significant achievement by being included in CoinShares' BLOCK Index for the first time. The company decided to...
Paxos Launches USDG Global Dollar Network with Robinhood and Kraken
Paxos has recently made headlines by launching the Global Dollar Network in collaboration with industry giants like Robinhood, Kraken, and others. The aim of...
UNI Price Update: CoinDesk 20 Reports 8.6% Drop in UNI Performance
UNI Price Update: CoinDesk 20 has reported an 8.6% drop in UNI performance. It is important to highlight that CoinDesk, an esteemed media outlet...
Binance Lawyers Seek Dismissal of Amended SEC Lawsuit
Lawyers representing Binance and former CEO Changpeng “CZ” Zhao have filed a motion to dismiss an amended complaint by the SEC. The motion argues...
Bitcoin Miners Marathon & Riot Achieve Record Production After Halving
Marathon Digital and Riot Blockchain, two of the largest public Bitcoin miners, have achieved record-breaking production levels following the halving event in April. Despite...