Marathon Digital Holdings, a global crypto-focused platform, announced that its mining operations for Kaspa have yielded approximately $15 million worth of KAS since they commenced last September. The company states that the decision to mine Kaspa was part of its strategy to diversify its mining operations. Marathon Mining Kapsa In the statement released on Wednesday,…
[PRESS RELEASE – Dubai, UAE, June 30th, 2024] PinEye launches an innovative platform that combines gaming entertainment with community-driven engagement and fosters a sense of belonging. By leveraging cryptocurrency rewards, it offers its users a unique opportunity for financial empowerment. It will develop in phases to arrive at its final goal of creating the biggest…
The upcoming launch of Algotech, a cutting-edge algorithmic trading platform, is generating excitement in the crypto market. Both investors and enthusiasts, particularly those in the Bitcoin Cash (BCH) and Shiba Inu (SHIB) communities, eagerly anticipate this project. With the ongoing presale raising over $9.4 million, Algotech showcases a strong appeal to early backers. Forecasts point…
Bloomberg’s senior ETF analyst has updated his prediction regarding the launch of ether exchange-traded funds (ETFs), noting delays due to the U.S. Securities and Exchange Commission (SEC)’s review process during the holiday week. Despite the approval of 19b-4 filings for eight ether ETFs in May, the S-1 registration statements are still pending. SEC Chair Gary…
Cryptoslam data indicates that the initially strong NFT market is now recording a downward momentum, having declined in critical metrics, including sales volumes, unique sellers, and buyers. The ongoing rough patch in Bitcoin markets has been blamed for the decline in NFT volume. NFT Volumes Downward Momentum According to data from Cryptoslam, the NFT market…
While June was a lackluster period for crypto assets as many experienced double-digit losses against the U.S. dollar, the stablecoin market also saw minimal growth over the past 30 days. Ethena’s USDE led the growth, with its supply increasing by 21.4% since May. Stablecoin Economy Shows Little Change in June The stablecoin market remained relatively…
As bitcoin continues to lead the cryptocurrency market, its notable climb beyond previous peaks has drawn the interest of investors and supporters alike. The dominant cryptocurrency’s latest performance suggests it might approach a triple top, potentially exceeding $90,000. However, reaching the six-figure mark will be a significant psychological challenge, and it may fall short of…
Bitcoin (BTC) has delivered a “healthy reset” to bullish sentiment, thanks to a key price indicator hitting eight-month lows. Popular analyst On-Chain College noted that classic patterns were repeating on the Bitcoin (BTC) Mayer Multiple. Currently, Bitcoin (BTC) is still at $61 000, but a bearish mood has accompanied its latest 17% dip. The Crypto…
Two men have been sentenced for manipulating the price of Hydrogen Technology’s cryptocurrency, HYDRO, and scheming to defraud investors. This case marks the first time a jury in a federal criminal trial has classified a cryptocurrency as a security and found that price manipulation of cryptocurrency constitutes securities fraud. $300M HYDRO Crypto Fraud Scheme Court…
Losses from hacks and rug pulls in 2024 year-to-date amount to over $473 million across 108 incidents, according to Immunefi’s latest data. This marks a 20% decrease compared to the same period in 2023, which saw losses of more than $595 million. In May 2024, victims of hacks and fraud lost $52.4 million across 21…