Category: Crypto
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DADDY Flips MOTHER Despite Controversy
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The memecoin celebrity obsession has added a new player with the recently launched Daddy Tate (DADDY). The token, promoted by controversial figure Andrew Tate, has gained traction, overtaking Iggy Azalea’s mother. However, Tate is now accused of some troubling activities for cryptocurrency investors. Related reading Andrew Tate supports Fr On…
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Court Sentences Gang For Exploiting Digital Yuan In Money Laundering Scheme
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In a groundbreaking legal case, a criminal gang in China has been found guilty of organizing a complex money laundering operation that leveraged the country’s central bank digital currency (CBDC), the digital yuan or e-CNY. The complex scheme, revealed by the People’s Procuratorate of Yueqing District in Shaoxing, Zhejiang Province,…
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Court Sentences Gang For Exploiting Digital Yuan In Money Laundering Scheme
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In a groundbreaking legal case, a criminal gang in China has been found guilty of organizing a complex money laundering operation that leveraged the country’s central bank digital currency (CBDC), the digital yuan or e-CNY. The complex scheme, revealed by the People’s Procuratorate of Yueqing District in Shaoxing, Zhejiang Province,…
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Pyth Network launches GMCI 30 crypto market index
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Pyth Network has announced the launch of the GMCI 30 Index Price Feed, making the GMCI cryptocurrency market price index accessible to over 60 blockchain ecosystems. This launch is a step towards providing smart contract and blockchain developers with real-time financial data. “We are pleased to announce that the Pyth…
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Pyth Network launches GMCI 30 crypto market index
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Pyth Network has announced the launch of the GMCI 30 Index Price Feed, making the GMCI cryptocurrency market price index accessible to over 60 blockchain ecosystems. This launch is a step towards providing smart contract and blockchain developers with real-time financial data. “We are pleased to announce that the Pyth…
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Bitcoin Supply on Exchanges Hits Dec 2021 Lows: What Does it Mean for BTC’s Price?
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Bitcoin price rose to $70,000 briefly this week but faltered shortly after failing to maintain momentum and taking a sharp turn. At the time of writing, the world’s largest cryptocurrency is trading at just over $67,000. However, with stock market supply falling to December 2021 lows, data suggests that a…
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Bitcoin Supply on Exchanges Hits Dec 2021 Lows: What Does it Mean for BTC’s Price?
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Bitcoin price rose to $70,000 briefly this week but faltered shortly after failing to maintain momentum and taking a sharp turn. At the time of writing, the world’s largest cryptocurrency is trading at just over $67,000. However, with stock market supply falling to December 2021 lows, data suggests that a…
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Solana Founder Reveals SOL Surpasses Ethereum In This Major Metric
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Solana founder, Anatoly Yakovenko Announce Which SOL has surpassed Ethereumthe second largest cryptocurrency in the world with a criticality scale – the economic barrier for honest nodes to participate in the consensus. Solana outperforms Ethereum by 10X on this metric according to YakovenkoThe economic barrier to honest nodes participating in…
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Michael Saylor’s MicroStrategy To Raise $500M To Buy More Bitcoin
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MicroStrategy, led by CEO Michael Saylor, made the announcement Raised $500 million Through a private offering of convertible notes. The proceeds will fund additional purchases, furthering the company’s Bitcoin accumulation strategy. BREAKING: ?? MICROSTRATEGY TO RAISE $500 MILLION SELLING STOCK TO BUY MORE #Bitcoin pic.twitter.com/ALsb7znGEZ — Bitcoin Magazine (@BitcoinMagazine) June…
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Michael Saylor’s MicroStrategy To Raise $500M To Buy More Bitcoin
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MicroStrategy, led by CEO Michael Saylor, made the announcement Raised $500 million Through a private offering of convertible notes. The proceeds will fund additional purchases, furthering the company’s Bitcoin accumulation strategy. BREAKING: ?? MICROSTRATEGY TO RAISE $500 MILLION SELLING STOCK TO BUY MORE #Bitcoin pic.twitter.com/ALsb7znGEZ — Bitcoin Magazine (@BitcoinMagazine) June…
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Dogecoin Under Pressure And ‘Going To Zero’, Analyst Says
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Beloved Dogecoin, the cryptocurrency with a Shiba Inu face that started as a joke, is having a tough time. The recent $16 million sale by a large holder, likely a “whale” investor, sent shockwaves through the DOGE community, raising questions about the memecoin’s long-term viability. Related reading Mags charts an…
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Supra And Killer Whales Partner For $100M ‘Super DApp Showdown’
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In the rapidly evolving blockchain landscape, the announcement of a groundbreaking partnership between Supra, a leading tier-1 blockchain platform, and Killer Whales, a prominent cryptocurrency-focused media entity, has generated significant buzz within the developer community. The two forces have joined forces to launch the “Super dApp Showdown,” a high-stakes competition…
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Turkish Lira hits record high in crypto market share, surpassing EUR
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The Turkish Lira (TRY) has become the third largest fiat currency used in cryptocurrency trading. according to Report from Caico ResearchThe growing market share of the Turkish Lira has pushed it to surpass the Euro (EUR), capturing 19% of the market share. This was an all-time high for the coin,…
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Bitcoin (BTC) Volatility Amid FOMC Meeting, Shiba Inu (SHIB) Developments, and More: Bits Recap June 13
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Turkish lire; Dr Bitcoin peaked at $72,000 last Friday, quickly fell below $70,000, and fell to $66,000 before the CPI announcement and interest rate decision by the Fed. The Shiba Inu’s burn rate is up 2,800%, but its price is down over 15% weekly. While XRP fell 7% to $0.48,…
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Bitcoin (BTC) Volatility Amid FOMC Meeting, Shiba Inu (SHIB) Developments, and More: Bits Recap June 13
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Turkish lire; Dr Bitcoin peaked at $72,000 last Friday, quickly fell below $70,000, and fell to $66,000 before the CPI announcement and interest rate decision by the Fed. The Shiba Inu’s burn rate is up 2,800%, but its price is down over 15% weekly. While XRP fell 7% to $0.48,…
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The Politics of Bitcoin Development
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In a recent conversation with Christian Decker From Blockstream, Shinobi from Bitcoin Magazine delved into the complex politics of Bitcoin development. Decker, a lead Lightning developer, provided a candid look at the current competitive atmosphere where developers often find themselves embroiled in political maneuvering rather than engineering matters. Decker doesn’t…
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The Politics of Bitcoin Development
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In a recent conversation with Christian Decker From Blockstream, Shinobi from Bitcoin Magazine delved into the complex politics of Bitcoin development. Decker, a lead Lightning developer, provided a candid look at the current competitive atmosphere where developers often find themselves embroiled in political maneuvering rather than engineering matters. Decker doesn’t…
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UNI Eyes Set on Further Gains
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UNI price started a new increase above the $9.50 resistance level. Uniswap is showing positive signs and may be eyeing further advances above the $10.00 resistance level. UNI started a new rally above the $9.50 resistance area. The price is trading above the $9.60 level and the 100 hourly simple…
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French Startup, Mistral AI, Secures $640M Funding To Challenge Industry Giants
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Mistral AI team in Paris / Source: Mistral AI In the rapidly evolving world of artificial intelligence (AI), a French startup, Mistral AI, as a formidable competitor, ready to challenge the dominance of industry giants like OpenAI, Meta, and Anthropic. Founded in 2023 by former employees of tech giants Meta…
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Make bitcoin mining stocks great again? Trump calls for US mining dominance
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Donald Trump announced on Tuesday that he wants to mine all that remains of Bitcoin (BTC) in the United States, citing the country’s potential to dominate the energy sector. In a late-night post on Truth Social, the Republican presidential candidate expressed this Feelings Bitcoin mining may be the country’s last…