Tag: Cryptocurrency
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. In the last 24 hours, thousands of election-themed tokens have...
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 the concept of "hardness" in relation to Ethereum's performance in...
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 by Bloomberg News, traders are closely watching the altcoin market...
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 to the support from Elon Musk, who has been promoting...
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 hold bitcoin on its balance sheet as a precaution against...
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 this strategic initiative is to promote the adoption of stablecoins...
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 that focuses on the cryptocurrency industry, has recently updated its...
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 that the SEC is not providing a clear standard for...
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 the challenges posed by increasing mining difficulty, both companies have...
Bitcoin Mining Startup Offers Free Money to Renewable Energy Companies for Sustainable Mining Operations
Spencer Marr, the president of Sangha Renewables, had an idea that could potentially revolutionize the renewable energy industry. He envisioned renewable energy companies mining bitcoin to turn wasted energy into valuable digital currency. Sangha...