The recent cryptocurrency market turmoil has sent shockwaves through the industry, with Bitcoin and Ethereum experiencing significant drops in value, each plummeting over 20% in just 24 hours. This rapid sell-off has left investors reeling and searching for answers as to what triggered such a drastic downturn in the market. At the center of this
Strategies
Moonfrost offers players a unique opportunity to dive into a world filled with farming, social interactions, and NFT rewards. Drawing inspiration from popular titles like Stardew Valley and Animal Crossing, Moonfrost combines elements of exploration, storytelling, and teamwork to create an engaging gameplay experience. One of the standout features of Moonfrost is its focus on
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
In recent news, there has been a shocking revelation linking convicted UK hacker Gurvinder Bhangu, known as Gurv, to the high-profile compromises of American actress Sydney Sweeney and ‘Breaking Bad’ actor Bob Odenkirk’s accounts. These hacks resulted in over $530,000 being stolen through Solana meme coin scams. Renowned on-chain detective ZachXBT uncovered compelling evidence pointing
Toronto-based Bitcoin mining company Bitfarms has recently announced a significant milestone in its operations. By the end of July, the company’s operational hash rate had soared to 11.1 EH/s, marking an impressive 109% increase year-over-year and a 7% rise month-over-month. This achievement reflects the company’s commitment to continually enhance its mining capabilities and stay ahead
MicroStrategy’s recent announcement regarding their plans to raise up to $2 billion through the sale of its class A shares has generated significant interest in the cryptocurrency community. This move comes as the company aims to bolster its Bitcoin holdings, further solidifying its position as the world’s largest public Bitcoin holder. The decision to raise
Coinbase, a leading cryptocurrency exchange, reported impressive total revenue of $1.449 billion for the second quarter of the year. This figure surpassed the market consensus estimate of $1.396 billion, showcasing the company’s strong financial performance. Compared to the same period last year, Coinbase saw a significant increase in total income, with a jump from $674.1
The recent Bitcoin2024 conference led by Bitwise CIO Matt Hougan has sparked a significant shift in market sentiment towards Bitcoin. Hougan believes that investors are currently “not bullish enough” about the potential upside of the flagship cryptocurrency. This change in outlook comes in light of various announcements made at the conference, showcasing support for Bitcoin
Manchester United has taken a pioneering step in the world of football by launching player trading cards and the Fantasy United game for the 2024/25 season on the Tezos Blockchain. This groundbreaking move allows fans to collect cards featuring first-team players, build squads, and engage in a Web3 fantasy football experience. The ‘Fantasy United’ game
The US Securities and Exchange Commission (SEC) has recently announced its plans to amend its original complaint against Binance. This move could potentially eliminate the necessity for the court to make a decision on tokens that were previously deemed as securities. The joint filing, which occurred on July 30th, comes at a time when there