Bitcoin mining hashrate nears all-time high as BTC price recovers, indicating increased mining activity and network growth. Rise in hashrate suggests new miners joining, existing miners expanding operations due to attractive network conditions. Recent on-chain data indicates that the Bitcoin…
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ZK Rollups: A Foundational Technology, Not Just a Fleeting Trend, According to Quicknode VP
According to Josh Neuroth, the Vice President of Product at Quicknode, Layer-2 (L2) scaling solutions known as zero-knowledge (ZK) rollups can potentially solve the most pressing issues in blockchain technology. Hence, the buzz around them is “well-founded.” He added that…
FINMA Warns Stablecoins Threaten Swiss Financial Reputation
The Swiss regulator, the Financial Market Supervisory Authority (FINMA), recently published guidance on the issuance of stablecoins. The regulator says stablecoins are not only associated with money laundering risks but pose reputational risks for the entire Swiss financial centre. Stablecoin…
Cardano Recovery Imminent? Whales Make Their Move With 17 Billion ADA
Cardano is at a significant milestone with the impending Chang hard fork. This pivotal moment follows the recent upgrade of its node validation software before the upgrade goes live. As the Cardano ecosystem gears up for this major update, the…
MANA Soars As Market Optimism Returns, Next Stop $0.3713 Level
The current price action of Decentraland (MANA) indicates that market optimism is on the rise as the digital currency regains its bullish momentum, with the price now targeting the key resistance level of $0.3713. This recent surge in MANA’s price…
WATCH: Robert F. Kennedy, Michael Saylor to Speak at Largest Bitcoin Conference in Nashville
The Bitcoin 2024 conference in Nashville continues today with a packed schedule of high-profile keynotes and discussions on the future of Bitcoin. Following yesterday’s industry-focused sessions, the main two-day Bitcoin 2024 conference kicks off this morning. Speakers slated for today…
MARA Purchases $100 Million of Bitcoin, Adopts HODL Strategy
MARA (NASDAQ: MARA), a leader in leveraging digital asset compute for energy transformation, has purchased $100 million worth of Bitcoin, bringing its total holdings to over 20,000 BTC, according to a press release sent to Bitcoin Magazine. The company also…
The Road Less Traveled: RollBlock Carving Its Own Path to Profit Amid Market Dips For Arbitrum and The Graph
Arbitrum (ARB) and The Graph (GRT) used to be popular tokens, but they’re now struggling to crawl out of the crypto depths. For now, all eyes are on Rollblock (RBLK) – an innovative DeFi token that gives investors access to…
Discounted Altcoins Poised for Huge Potential in 2024: Is Achieving 55X Gains Still Feasible?
Cryptocurrency enthusiasts are eyeing certain altcoins that are currently trading at reduced prices, stirring excitement about their future potential. As 2024 approaches, the question arises: can these low-cost digital assets deliver massive returns, possibly up to 55 times their current…
US Spot Bitcoin ETFs See $51.66M Inflows as Grayscale’s GBTC Deals With Outflows
Unlike the U.S. spot ether exchange-traded funds (ETFs), the spot bitcoin ETF equivalents experienced inflows during Friday’s trading session, totaling $51.66 million. Four funds recorded inflows, while Grayscale’s Bitcoin Trust (GBTC) saw an outflow of $26.55 million. Spot Bitcoin ETFs…