Senator Cynthia Lummis recently introduced a new piece of legislation that has the potential to significantly impact the economic landscape of the United States. The bill aims to establish a Bitcoin strategic reserve for the US, with the goal of accumulating at least 1 million BTC, which represents 5% of the total Bitcoin supply. The
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Marathon Digital, a leading Bitcoin mining company, has made a bold move by investing a substantial $100 million in BTC. This recent investment highlights the company’s confidence in the long-term potential of Bitcoin, despite previous price fluctuations in the market. The press release published by MARA (formerly known as Marathon Digital) announced the purchase of
In a surprising turn of events, a Bitcoin mining device known as Bitaxe, with a modest hashrate of 500 gigahashes per second (Gh/s), managed to successfully mine a block on July 24. This remarkable feat earned the lucky miner a substantial reward of $206,000 in Bitcoin. The device, produced by D-Central Technologies, is surprisingly compact,
Getting started with OKX Racer is a breeze. To begin, users must first register on the OKX exchange. Once registration is complete, users can easily connect their account with OKX to unlock exciting features and rewards. The user-friendly interface of the OKX Racer mini-app allows newcomers to navigate the platform effortlessly and start predicting Bitcoin
The second day of trading for the spot Ethereum ETFs painted a different picture compared to the initial excitement. More than $133 million were withdrawn from the largest financial vehicles, causing a ripple effect in the market. The price of the underlying asset, Ethereum, reacted with a significant drop of 10% in just one day.
BitcoinOS (BOS) developers recently achieved a monumental milestone in blockchain history by successfully verifying the first-ever zero-knowledge proof (ZKP) on the Bitcoin mainchain. This breakthrough paves the way for significantly enhanced scalability and functionality for Bitcoin without the need for modifications to its underlying consensus code. The final verification of the ZK proof took place
Igloo, Inc., the company known for its popular NFT brand Pudgy Penguins, has recently secured a whopping $11 million in funding to propel the development of its groundbreaking Ethereum layer-2 scaling network, Abstract. This significant achievement marks a crucial step forward in Igloo’s quest for blockchain innovation. The lead investor in this successful funding round
The much-awaited Ethereum ETFs have finally made their debut in the market, signaling a significant milestone for Ethereum and other altcoins. Industry experts and enthusiasts are closely monitoring how these ETFs could potentially influence Ethereum’s price movements in the upcoming months. One prominent figure in the crypto space, known as Doctor Profit, has made a
Pluto Studio, the GameFi publishing platform behind Catizen, has recently secured an investment from Binance Labs. This strategic partnership is set to bring major fund injections for ongoing initiatives on the Pluto Studio platform. The partnership aims to solidify the studio’s vision to lead the next wave of Web3 gaming. Part of the funds will
Recently, a report from CoinShares revealed an interesting trend in the cryptocurrency market. Ethereum (ETH) witnessed a surge in inflows, outpacing Solana (SOL) for the year 2024. This surge came in anticipation of the launch of exchange-traded funds (ETFs) that would allow regulated investment in Ethereum in the US, the second-largest cryptocurrency by market capitalization.