The Abu Dhabi Blockchain Center has been unveiled as a symbol of the region’s dedication to driving innovation and growth within the entire Web3 ecosystem. This new center is poised to position Abu Dhabi as a global leader in blockchain technology and innovation, providing a platform for startups, enterprises, and academic institutions to thrive. The
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Being introduced to the world of cryptocurrency over two years ago was not Opeyemi’s initial plan, but it quickly captivated his interest and became his primary focus. He thrives on unraveling the complexities of blockchain technology and staying informed about the latest trends in the digital asset industry. Spending hours analyzing price charts and connecting
Marathon Digital (MARA) recently reported second-quarter revenue of $145.1 million, which fell short of Wall Street’s forecast by approximately 9%. The company attributed this revenue miss to several operational challenges such as unexpected equipment failures, transmission line maintenance, an increased global hash rate, and the impact of the recent halving event on the mining sector.
A notable Bitcoin whale, identified as 12QVs…oN2qo, recently made headlines for accumulating nearly $400 million worth of Bitcoin between July 30 and 31. This strategic move indicates the whale’s confidence in Bitcoin’s future price trajectory and the potential for substantial profits. Strategic Withdrawal from Binance The whale’s significant purchase of 5,800 BTC from Binance further
Bitcoin (BTC) has been known to experience market volatility and price fluctuations, making it challenging for investors to determine the best times to buy this pioneer cryptocurrency. However, a crypto analyst going by the name of ‘Stockmoney Lizards’ has recently shared insights on key price levels that investors should keep an eye on for potential
The stablecoin market saw a 2.11% growth in total market capitalization in July, reaching a staggering $164 billion. This growth trend has been consistent for the past ten months, signaling a steady ascent for major stablecoins. Tether, the leading stablecoin, experienced a 1.61% increase to $116 billion, setting a new all-time high. This indicates Tether’s
In the second quarter of this year, Riot Platforms reported a net loss of $84.4 million, a significant increase from the $27.4 million loss in the same period last year. The widened losses can be attributed to the continued impact of the April Bitcoin halving event. Despite this, Riot still managed to generate a total
In a recent price analysis, a crypto analyst has pointed out a crucial support level for Bitcoin (BTC) that could potentially determine the future price movement of the pioneer cryptocurrency. The analyst, known as DonAlt, emphasized the significance of the $63,000 support level for Bitcoin and warned of a possible price crash to $42,000 if
Senator Cynthia Lummis from Wyoming has taken a bold step in proposing the ‘Bitcoin Act’ as a means to bolster the U.S. government’s reserves with 1 million BTC over five years. This move has been dubbed as the ‘Louisiana Purchase moment,’ signaling the significance of this decision in the digital age. By recognizing the resilience
Semilore Faleti is a prominent cryptocurrency writer with a specialization in journalism and content creation. Over the years, he has honed his skills in unraveling the complexities within the world of blockchains and digital assets. His dedication to educating and informing his audience sets him apart as a trusted source in the crypto journalism field.