The crypto market has been tumultuous in recent times, and Ethereum (ETH) has not been immune to the challenges. Despite being the second-largest cryptocurrency, ETH has been facing significant obstacles. One of the key issues that have been highlighted by crypto analyst Ali Martinez is the continuous selling of Ethereum by some of the largest
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The Democratic National Committee recently released its 2024 Party Platform, outlining their upcoming political priorities for the next election. Surprisingly, the platform made no mention of Bitcoin, crypto, or blockchain, leaving many in the industry concerned about the party’s stance on digital assets. Instead, the focus was on issues like lowering housing costs, tackling climate
The Nigerian Federal Inland Revenue Service (FIRS) is set to implement new legislation aimed at taxing the rapidly growing crypto sector in the country. This decision was revealed by FIRS Executive Chairman Zacch Adedeji during a meeting with the National Assembly’s Finance Committees. The primary objective of this new regulation is to stimulate economic growth
Cardano, once a prominent player in the cryptocurrency market, has now slipped out of the top 10 rankings by market capitalization. This decline can be attributed to a number of factors, including increasing competition, slow adoption rates, and reliance on off-chain components that compromise its decentralization. Compared to its peers like Ethereum and Solana, Cardano
Hut 8 Corp., a prominent Bitcoin mining company in North America, recently disclosed its financial results for the second quarter ending June 30, 2024. Despite recording a significant year-over-year revenue increase of 72% to $35.2 million, the company reported a net loss of $71.9 million. This loss was primarily attributed to a $71.8 million loss
The Lost Glitches is not just a card game; it is an immersive experience that transports players into the futuristic setting of the Deep Sky Network. Here, players are trapped as Glitches, spirits striving to reclaim their lost memories. The storyline of the game is engaging, and the depth of the gameplay delivers a truly
TeraWulf’s recent earnings report for the second quarter of 2024 highlighted a decrease in Bitcoin production compared to the same period in the previous year. The company mined 699 BTC across its facilities, representing a 21% decrease from the preceding year. This decline in BTC output could be concerning, especially in the context of a
Intersect, the organization overseeing the Cardano blockchain’s development, recently issued an urgent call for decentralized application projects on the blockchain to accelerate their preparations for the upcoming Chang Upgrade #1. This upgrade is crucial for the future of Cardano and marks a significant milestone in the evolution of the ecosystem. According to the statement by
Norway, a country with a population of nearly 5.5 million, has made significant investments for its citizens totaling around $1.7 trillion. A portion of these investments is held in Bitcoin stocks, and the government has recently increased its holdings in the cryptocurrency. In fact, Norway now indirectly owns 2,446 BTC through its investments in crypto
Cryptocurrency journalism is a niche field that requires a deep understanding of the complexities and intricacies of blockchain technology. Semilore Faleti, a dedicated cryptocurrency writer, has proven himself to be a valuable asset in this fast-paced industry. With a keen focus on educating and informing his audience, Semilore has established himself as a trusted source