Bitcoin miners are expanding their hashing capacity, reaching new record highs despite ongoing challenges in profitability. This report from Cryptoquant Institutional Insights highlights that miners are selling off assets as they face diminishing profit margins and rising operational difficulties. Bitcoin Miners Face Capitulation Amid Record-High Hashrate and Squeezed Margins In the latest findings from Cryptoquant’s…
Miami, Florida, August 15th, 2024, Chainwire Floki has partnered with Nottingham Forest football club, which currently is playing the English Premier League (EPL). Announced on Thursday, Floki will be the official cryptocurrency partner of Nottingham Forest and have extensive marketing and promotional rights. “We are proud to join the ranks of the Premier League with…
[PRESS RELEASE – Miami, Florida, August 15th, 2024] Floki has partnered with Nottingham Forest football club, which currently is playing the English Premier League (EPL). Announced on Thursday, Floki will be the official cryptocurrency partner of Nottingham Forest and have extensive marketing and promotional rights. “We are proud to join the ranks of the Premier…
As the landscape of Bitcoin mining becomes increasingly competitive, the question of profitability takes center stage. With advancements in technology and shifts in the industry, it’s crucial to understand how Bitcoin mining remains viable today and how the DeMi Token is redefining access to this opportunity. The Evolution of Bitcoin Mining In the early days,…
On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) saw an outflow of $81.36 million, while spot ethereum ETFs experienced a brighter day, bringing in $10.77 million during the trading session. Crypto ETFs Clash: Bitcoin ETFs Stumble With $81M Loss, Ethereum Funds Pull in $10.77M After enjoying two days of steady inflows, spot bitcoin ETFs faced…
Kim Dotcom, the founder of Megaupload, may soon be extradited to the U.S. from New Zealand following a decision by Justice Minister Paul Goldsmith. Dotcom, who has long resisted extradition since an FBI raid in 2012, said he has a plan and expressed his affection for New Zealand. He is accused by the U.S. of…
Sahil Arora, who has been associated with a series of high-profile celebrity-backed meme coins, reportedly netted approximately $3 million this year, according to blockchain investigator ZachXBT. This figure starkly contrasts with the $30 million earnings estimate initially reported by blockchain data platform Bubblemaps. Who Is Sahil Arora? Arora, an Indian entrepreneur now living in Dubai,…
Defiance ETFs has introduced MSTX, the first leveraged single-stock exchange-traded fund (ETF) focused on Microstrategy, offering 175% long daily exposure. This ETF targets sophisticated investors seeking amplified exposure to Microstrategy’s volatile performance. Defiance ETFs Launches Leveraged Microstrategy ETF in the U.S. The newly launched MSTX ETF provides 175% long daily targeted exposure to Microstrategy, a…
hongkong, china, August 15th, 2024, Chainwire In a groundbreaking move to address the challenges of equitable asset distribution and decentralization in the cryptocurrency space, Cellula has unveiled its innovative programmable incentive layer built on the Ethereum Virtual Machine (EVM) ecosystem. At the core of Cellula’s innovation is its virtual Proof-of-Work (vPOW) consensus mechanism, which combines…
[PRESS RELEASE – London, UK, August 15th, 2024] XDB CHAIN, a pioneering blockchain platform, is revolutionizing the Real World Assets (RWA) market. By creating token representations of branded interactions—such as product usage and community membership—XDB CHAIN transforms intangible assets into valuable digital ones. This innovative approach can position XDB CHAIN as a leader in the…