TLDR FTX has reached a tentative settlement with the IRS to resolve a $24 billion tax claim for a significantly lower amount. Under the settlement, the IRS will receive a $200 million priority claim to be paid within 60 days of FTX’s restructuring plan going into effect. The IRS will also receive a $685 million…
TLDR Bitcoin’s price has risen above $71,000, marking its highest point since April’s halving event and continuing a 10% climb over the past 30 days. Bitcoin-based meme coins like ORDI, DOG, and PUPS have seen significant price surges, with ORDI up 33% in the past week and DOG more than doubling in price. The collective…
The price of bitcoin (BTC) climbed above the $70,000 mark on Tuesday, hitting an intraday peak of $71,031 on Bitstamp. This marks a nearly 3% increase over the past day, adding approximately $1,891 in value since the 24-hour low. Bitcoin’s Price Stabilizes Above $70,000 Bitcoin remains steady above $70,000 at 1:05 p.m. EDT on June…
[PRESS RELEASE – Abu Dhabi, UAE, June 4th, 2024] Solnarize is thrilled to announce that the presale of it’s $SRIZE tokens will commence on Friday, June 7th, 2024. This presale provides early participants the chance to engage with a project that combines innovative meme culture with the mission of promoting clean energy before listing on…
The Roaring Kitty craze appears to be dwindling at a swift pace, as evidenced by Gamestop’s stock, GME, which has dipped between 3-5% against the U.S. dollar during Tuesday’s mid-day trading sessions. Similarly, the meme stock AMC Entertainment Holdings, or AMC, has also experienced a decrease of approximately 1.87%. According to the cryptocurrency market cap…
As Chainlink’s stablecoin partnership with Circle aims to enhance USDC utility and Aptos (APT) sees a price boost, BlockDAG‘s recent launch of Keynote 2 has ignited significant excitement, pushing its presale gains to an impressive $41M. This surge not only highlights BlockDAG’s innovative strides but also positions it as a formidable player in the crypto…
Figures reveal that over the preceding 72 hours, three bitcoin mining pools discovered more than 69% of the 436 blocks found during that period. Foundry USA and Antpool, two industry titans, command a formidable 55.5% of Bitcoin’s total computational power. Foundry Dominates Bitcoin Mining in 12-Month Period, Discovers 15,651 Blocks Out of 53,528 In the…
Despite the renewed hype surrounding meme coins, the OG Dogecoin’s price action has remained relatively dull. But whales appear to be bullish on the asset’s price trajectory as they continue to rake in tokens. According to crypto analyst Ali Martinez, large holders or whales have been actively accumulating Dogecoin over the past five days. Martinez…
PRESS RELEASE. Since its launch, Genso Meta has been actively developing applications that combine gaming and blockchain technology. Beyond Play2Earn, Genso introduced UGC2EARN, allowing players to create and profit from content. They’ve also partnered with Hikone Castle in Japan to blur the lines between the virtual and real world for their users. With over 340,000…
As the cryptocurrency market continues to evolve, investors are constantly on the lookout for promising opportunities. Recently, signals have pointed to a new token on Bitmart that has the potential to rally significantly. Option2Trade (O2T), a token integrating advanced artificial intelligence, has caught the attention of whales, particularly in light of its recent performance. With…