In a move that sent shockwaves through the financial world, Bitcoin, the leading cryptocurrency, obliterated its previous all-time high on Friday, surpassing the $70,000 mark for the first time. This historic surge comes just days after Bitcoin breached the $69,000 barrier,...
Move over, DOGE and BONK, there’s a new king in the meme coin castle. Dogwifhat (WIF), a Solana-based cryptocurrency built on the image of a dog sporting a stylish hat, has experienced a meteoric rise, surging 48% in the past 24...
The Bitcoin network, ever a champion of decentralization and security, finds itself facing a unique challenge. Its mining difficulty, a measure of the computational power required to mine new blocks, has reached an all-time high, sparking both celebration and concern within...
The Grayscale Bitcoin Trust (GBTC), once a golden gateway for traditional investors to access the Bitcoin bonanza, now finds itself tarnished and discounted to an alarming degree. As the broader crypto market shivers in the throes of a brutal winter, GBTC’s...
In a move that sent shockwaves through the cryptocurrency community, the U.S. Securities and Exchange Commission (SEC) on Tuesday, January 9, 2024, rejected Grayscale Investments’ application to convert its Grayscale Bitcoin Trust (GBTC) into a spot Bitcoin exchange-traded fund (ETF). This...
Arkon Energy, a data center infrastructure company, has plugged into a hefty $110 million funding round, powering up its plans to expand Bitcoin mining capacity in the US and launch an ambitious AI cloud service in Norway. This cash injection, led...
Popular stock trading app Robinhood has officially launched its cryptocurrency trading platform for customers across the European Union, bringing its commission-free crypto offerings to a new continent. Users in the EU can now buy, sell, and hold over 25 cryptocurrencies, including...
The price of Bitcoin (BTC) has fallen below $36,500 after Binance’s former CEO, Changpeng Zhao, pleaded guilty to money laundering violations. The news of Zhao’s plea deal caused a sell-off in the cryptocurrency market, with Bitcoin falling as much as 9%....
This year, crypto stocks have outperformed most major cryptocurrencies. Core Scientific (CORZ), a major bitcoin miner, has seen its shares rise by 1,140% to $0.87. The Texas-based firm filed for bankruptcy in December last year and is hoping to make a...
Hong Kong launched its crypto regulatory regime on June 1, but Bitcoin did not gain any momentum. BTC’s price fell 2% on Thursday, continuing Wednesday’s decline. Bitcoin ended the month with a 10% decrease for the first time in this year. The crypto...