Tag: Digital Currency
Solana Memecoin ACT Soars 1,720% on Binance Listing amid Altcoin Market Surge
A Solana-based memecoin called "Act I : The AI Prophecy" (ACT) has skyrocketed by more than 1,720% after being listed on Binance and Crypto.com. The token, which was initially issued on Oct. 19, had...
Access Stablecoins in Hong Kong: Chinese Nationals Trial
Flare and Red Date Technology are currently running trials in Hong Kong to enable mainland Chinese residents to purchase stablecoins issued by IDA through anonymous registration and compliance with Chinese real-name laws. This initiative...
Tether Enters Oil Trade with $45M Middle Eastern Crude Deal.
Tether, the issuer of the USDT stablecoin, has made a significant move into the oil trade industry by financing a $45 million deal for 670,000 barrels of Middle East crude oil. This marks Tether's...
Coinbase Premium Soars to Seven-Month High Amid Increased US Bitcoin Demand
The surge in Coinbase premium to a seven-month high indicates a growing demand for Bitcoin in the United States after Donald Trump's election win. The Coinbase Premium Index, which measures the price difference between...
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...
Unlocking Success: How Crypto Voters Will Shape the 2024 Election
The current election season has seen a rise in the influence of crypto voters, who are playing a crucial role in steering the conversation around policy and forcing candidates to address the future of...
Bitcoin’s Evolution: Entering a New Era at 16
On October 31, Bitcoin celebrated its 16th birthday, marking the day when Satoshi Nakamoto introduced the whitepaper that revolutionized the financial world. At 16, Bitcoin is no longer seen as a mere experiment but...
Bitcoin Miner Transfers 50 BTC from 2010 to Active Exchange Wallet
An anonymous Bitcoin miner from the early days of Bitcoin, known as the Satoshi era, recently made a significant move by transferring part of their 50 BTC reward to an active wallet linked to...
Bitcoin hashprice hits two-month high, boosting mining profitability
Bitcoin's hashprice has surged to a two-month high, reaching over $50 for the first time in mid-August. This increase is a positive sign for miners who have been struggling due to harsh market conditions....