Based on recent market data, the cryptocurrency cardano (ADA) has fallen out of the top ten rankings, making way for tron (TRX) to take its place. ADA has struggled to hold its ground among the leading cryptocurrencies this year, and in the past 30 days alone, it has dropped 23% against the U.S. dollar. Once…
Greenidge Generation Holdings Inc. has initiated legal action against the New York State Department of Environmental Conservation, challenging the denial of its air permit renewal. The company also reported its second-quarter financial results, highlighting cost reductions and ongoing business transformation. Greenidge Generation Challenges New York Permit Denial, Reports Q2 Performance Greenidge Generation Holdings Inc. filed…
Bitwise Asset Management has taken a bold step into the European market by acquiring ETC Group, a London-based provider of cryptocurrency exchange-traded products (ETPs). This strategic move increases Bitwise’s assets under management to over $4.5 billion, adding nine European-listed crypto ETPs to its expanding portfolio. Bitwise Enters European Market by Acquiring ETC Group, Boosting Crypto…
According to the latest data collected on Aug. 16, 2024, the 12 spot bitcoin exchange-traded funds (ETFs) collectively hold around 910,153.83 BTC, which translates to over $53 billion at the current exchange rates. Leading the pack is Blackrock’s IBIT, holding the largest portion with 38.34% of the total BTC. 12 Spot Bitcoin ETFs Close in…
The bond market heated up last week as stocks began to tumble. As a result, Treasury yields (the coupon premium bondholders receive for buying a bond) are falling drastically. That could be bullish news for Bitcoin price. Bonds ended last week with the largest single-day point rise in 16 months as investors fled record Wall…
QCP Capital’s latest insights report offers a fascinating blend of optimism and caution as investors eagerly anticipate Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole symposium. The firm observes a buoyant mood in equity markets, with U.S. stocks reaching record highs, while the crypto sector remains firmly in the doldrums. QCP Capital Report…
[PRESS RELEASE – New York, United States, August 19th, 2024] PawFury Paw, a new cryptocurrency of 2024, approaches a significant milestone, making waves throughout the crypto community. With the upcoming launch of its innovative Paw wallet, Pawfury has quickly gained traction. The growing interest has propelled the project’s presale to new heights, surpassing the $5.2…
[PRESS RELEASE – Bangkok, Thailand, August 19th, 2024] INFINIT, the first-of-its-kind DeFi abstraction layer, today announces that it will soon open dApp creation to all, allowing anyone to build and customize DeFi applications in a matter of minutes. INFINIT is a DeFi infrastructure that abstracts away complexities to launch and scale decentralized finance applications across…
The clock is ticking on PlayDoge’s presale. This project, which combines the fun of meme coins with the potential of P2E gaming, is entering the last week of its early fundraising phase. And investors are scrambling to join the action before PlayDoge’s (PLAY) goes live. Earn Crypto By Raising Your Own Digital Doge with PlayDoge So,…
After months of consolidation, Bitcoin’s price has lost key support levels that could signal the start of a new bear market. While on-chain analysts are sounding the alarm regarding the high-cost basis of new Bitcoin holders, technical analysts note Bitcoin’s low price next to its 200-day SMA. Is The Bull Market Over? The 200-day SMA,…