Marathon Digital Holdings, now known as MARA, has announced a strategic shift to hold all its bitcoin, pushing its current holdings beyond 20,000 BTC. The company has also made a $100 million purchase of bitcoin as part of its new treasury policy. Marathon Digital Rebrands to MARA, Boosts Bitcoin Holdings MARA (Nasdaq: MARA), a leader…
[PRESS RELEASE – New York, United States, July 25th, 2024] Xverse, the leading Bitcoin Web3 wallet, has teamed up with Acre to offer a native Bitcoin-in, Bitcoin-out staking experience. This partnership gives users the ability to earn BTC-based rewards – marking a new category in Bitcoin innovation. Through this partnership, Xverse users can now effortlessly…
[PRESS RELEASE – Hong Kong, Hong Kong, July 25th, 2024] The ‘Web3 Shopify of Social’ hits 30,000 onchain users in 2 weeks as the first app goes live OpenSocial Protocol, a composable infrastructure layer for building social applications, announced today a $6 million strategic backing led by Framework Ventures and North Island Ventures, with participation…
Based on recent data, after a period of inflows, nine U.S. spot ethereum exchange-traded funds (ETFs) experienced withdrawals totaling $133.16 million on Wednesday. The majority of these withdrawals came from Grayscale’s ETHE, which saw a significant $326.86 million in outflows on July 24. Wednesday Sees $133M Exit U.S. Ethereum ETFs, Grayscale’s ETHE Major Driver U.S.…
A Bitcoin mining device with a hashrate of only 500 gigahashes per second (Gh/s) managed to mine a block on July 24, earning a reward of $206,000 in Bitcoin. This event stands out given that the device has only a 1 in 1.1 billion chance of achieving this approximately every ten minutes. $206,000 Block Reward…
While the world catches Olympics fever, a cheeky new meme coin project is beginning to generate traction. The Meme Games (MGMES), inspired by the world’s biggest sporting event, is closing in on the $250,000 mark in its presale. And investors are now debating whether MGMES could produce explosive gains when it lists on DEXs later…
The stablecoin economy is experiencing renewed growth. Over the past week, the market capitalization of all stablecoins increased by $1.52 billion. The growth over the past seven days was primarily driven by tether (USDT), the largest stablecoin by market valuation, with its supply expanding by 1.2 billion coins. Stablecoin Economy Sees Growth Again Over the…
TLDR Proton, known for privacy-focused services like Proton Mail, has launched a self-custodial Bitcoin wallet called Proton Wallet. The wallet allows users to send Bitcoin via email addresses, simplifying transactions. Proton Wallet includes security features like two-factor authentication and Proton Sentinel. The wallet is initially available to early access users, with plans for broader rollout.…
Flipster is a fast-growing cryptocurrency derivatives trading platform that offers over 250+ perpetual futures listings with leverage available of up to 100x. Its rise to the top has been boosted by its promise of “zero fees with deep liquidity”, regular promotions and activities, listing the latest cryptocurrencies at lightning speed, lower slippage, and powerful features.…
Investment management firm VanEck has outlined a scenario in which bitcoin (BTC) could reach $2.9 million per coin by 2050. This forecast is based on their “base case scenario,” which envisions bitcoin becoming a key international medium of exchange and ultimately growing to be one of the world’s reserve currencies. The Road to $2.9 Million…