Bitcoin Miners Face Tough Times: Signs of Capitulation Amid Falling Revenues and BTC Sell-Off

Bitcoin miners are nearing capitulation due to shrinking profit margins and increased BTC sell-offs. Since the halving, miners have seen a 63% drop in daily revenues. As a result, miners are forced to sell their reserves. According to CryptoQuant, a market...

Bitcoin Market Faces Turbulence Amid Investor Uncertainty and ETF Movements

Bitcoin has recently experienced significant sell-side pressure, leading to a substantial price drop and declining investor confidence.  Bitcoin's price has faced increasing sell-side pressure, causing it to drop by over 5.5% in the past week, reaching a six-week low...

Mt. Gox to Begin Bitcoin and Bitcoin Cash Repayments in July 2024 After Decade-Long Wait

The rehabilitation trustee of Mt. Gox has announced that repayments in Bitcoin and Bitcoin Cash will commence in July 2024. Creditors have been waiting for over a decade to recover their funds.  The long-awaited repayment process will start in July 2024 for the...

Tesla Shareholders Sue Elon Musk Over xAI Startup

Shareholders allege that Musk's new venture, xAI, diverted crucial AI talent and resources from Tesla, accusing him of disloyalty and creating significant AI value outside the company. On June 13, Tesla shareholders filed a lawsuit against CEO Elon Musk and the...

Trump Aspires To Serve As The Crypto President Of The United States

Republican presidential candidate Donald Trump positioned himself as a strong supporter of cryptocurrency and criticized Democrats' efforts to regulate the sector during a fundraising event in San Francisco. Former U.S. President Donald Trump is ramping up his support...

SEC, Coinbase, and Ripple: Navigating Legal Turbulence in the Crypto Industry

The ongoing legal struggles between the SEC, Coinbase, and Ripple, have exposed the complexities of regulatory challenges in the cryptocurrency industry. On one side we see SEC's enforcement actions, but one the other we have the financial platforms such as Coinbase...

Mastercard and Visa’s Strategic Foray into Crypto

Mastercard is integrating advanced technologies with major banking institutions to enhance cryptocurrency transactions and settlement systems. They are set to become a pivotal players in the evolving digital currency landscape. Mastercard has teamed up with leading...

The Potential Benefits And Risks Of Children Engaging With The Metaverse

The European Union's research body delves into the possibilities of using the metaverse to enhance children's health and education while also addressing the accompanying risks and challenges. The European Parliamentary Research Service (EPRS), which is like a big...

Bitcoin Price Increase After Halving: Navigating Through Halving And Market Maturation

As Bitcoin goes through its 4th pivotal halving event, the landscape of cryptocurrency has transformed significantly. This new financial territory brings key changes and developments surrounding Bitcoin's halving, from the unprecedented pre-halving price surges to the...

Bitcoin’s April 2024 Price Dynamics Amid Economic Shifts and Market Sentiment

Explore the intricate interplay between Bitcoin's price movements, economic indicators, and trader behaviors in this detailed analysis.  As the cryptocurrency market approaches a pivotal moment with the upcoming Bitcoin halving, understand the factors influencing...
Former Terra NFT Projects Are Migrating to Polygon

Former Terra NFT Projects Are Migrating to Polygon

In May 2022, after UST’s collapse on the Terra blockchain, many projects operating on Terra had to decide their future. The options were to use Terra 2.0, or the new Terra blockchain as their new blockchain, or to migrate away from Terra completely. Polygon offers...

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Small Investors Can Now Own 1 Full BTC

Small Investors Can Now Own 1 Full BTC

Small-time investors have the opportunity to realize their dreams of owning at minimum 1 Bitcoin, with BTC trading in the $20,000 area for the first time since 2020. Bitcoin trading in the $20k range Investors around the world have been chasing one of the total 21...

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JPMorgan Is Tokenizing Assets and Brings Trillions to DeFi

JPMorgan Is Tokenizing Assets and Brings Trillions to DeFi

JPMorgan plans to develop a way for decentralized finance (DeFi) developers to harness the yield-generating potential non-crypto assets. What are tokenized assets? Asset tokenization refers to the process where an issuer creates digital tokens of a physical asset....

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Crypto Volatility Can Affect People’s Mental Health

Crypto Volatility Can Affect People’s Mental Health

Volatility is the name of the game when talking about anything involving cryptocurrencies. Most projects are especially prone to crypto volatility, especially as they are just starting out. They can experience dramatic price swings and fluctuate by double-digits...

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Cryptocurrency Sees Massive Adoption in Retail Payments

Cryptocurrency Sees Massive Adoption in Retail Payments

According to crypto experts, cryptocurrencies will have a greater impact on the retail industry in the future as more people invest in digital currencies. Although the cryptocurrency market appears to be in a bear market right now, it's not hard to see that the...

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