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Bitfarms Sees 42% Revenue Drop in May Post-Bitcoin Halving
4.6.2024
Bitfarms, a Bitcoin mining firm, reported a 42% drop in crypto mining revenue in May, the first full month following the Bitcoin halving in mid-April, which reduced their Bitcoin production from 263 BTC in April to 156 BTC in May. The company attributed part of the decline in production...
JPMorgan’s JPM Coin Sees Transactions ‘Explode’ With Programmability Features
31.5.2024
Global investment bank JPMorgan’s JPM Coin has seen a significant surge in transactions, according to Umar Farooq, head of Onyx by JP Morgan. During a session at the Consensus conference, Farooq stated, “We’ve seen the number of transactions explode by factors of 10, if not hundreds. Fewer...
Bitcoin-Based DOG Token Climbs to 9th Largest Meme Coin, Sees 216% Rise in 30 Days
30.5.2024
A meme token named DOG•GO•TO•THE•MOON, created by Leonidas, the founder of Ord.io, has reached a new peak and is now the ninth-largest meme coin by market capitalization. At the time of writing, the token’s market value stood at $695 million. The Top 10 Meme Coins...
BlackRock Amends Ethereum ETF Application; Bloomberg’s Balchunas Sees ETF Going Live By June
30.5.2024
A 'Seed Capital Investor' has purchased 400,000 shares of the proposed filing, BlackRock revealed in its document
Pepe Price Prediction as PEPE Overtakes DogWifHat in Daily Trading Volume – Big Rally Starting Soon?
29.5.2024
PEPE price prediction as Pepe’s 24-hour volume hits $2.50B, overtaking DogWifHat at $821M, hinting at a possible rally, even as the price sees a temporary pullback.
The post Pepe Price Prediction as PEPE Overtakes DogWifHat in Daily Trading Volume – Big Rally Starting Soon? appeared first...
Memecoin mania sees Cardano knocked out of the top 10 crypto rankings
29.5.2024
Two memecoins, Dogecoin, with a market cap of $23.8 billion, and new entrant Shiba Inu are currently in the top 10 crypto rankings
Bitcoin Price Prediction: QCP Capital Sees 2% Drop Below $68K as Temporary Setback
29.5.2024
QCP Capital views the recent 2% drop below $68K as a minor blip in Bitcoin's broader uptrend, highlighting robust market fundamentals.
The post Bitcoin Price Prediction: QCP Capital Sees 2% Drop Below $68K as Temporary Setback appeared first on Cryptonews
NFT market sees Ethereum and Solana go head-to-head
28.5.2024
Ethereum and Solana are fighting two battles – growth in the trading market and growth in NFT marketplaces. Interestingly, it is a close call with a large dependence on the participation of members. Solana is leading in sales volume, while Ethereum is banking higher values. Solana...
Bitcoin Price Prediction as Biden’s Decision on SEC Crypto Rules Looms – Will BTC Rally?
27.5.2024
As President Biden nears a decision on SEC crypto regulations, Bitcoin's cautious market response sees a minor drop to $68,400.
The post Bitcoin Price Prediction as Biden’s Decision on SEC Crypto Rules Looms – Will BTC Rally? appeared first on Cryptonews
Bitcoin analyst sees 'several more weeks' before BTC price breaks $70K
26.5.2024
Bitcoin may not yet be done consolidating below new all-time highs, with BTC price rejecting above $70,000
Ether ETF Listing Approval Sees Billions Poured Into Restaking Protocol Ether.Fi
24.5.2024
The decentralized finance (DeFi) sector will experience an ecosystem boost after a spot ether {{ETH}} exchange-traded fund (ETF) was approved in the U.S. on Thursday, according to Mike Silagadze, CEO of ETH restaking protocol Ether.fi
CNBC Fast Money trader says Solana ETFs ’probably’ next, sparking debate
23.5.2024
CNBC contributor and crypto investor Brian Kelly said Solana is one of the “big three” coins, meaning it’s likely to be the next to receive ETF treatment
BlackRock’s Bitcoin ETF Sees $300 Million in Inflows, Reversing Trend of Low Flows
22.5.2024
BlackRock's spot Bitcoin ETF has generated significant traction, accounting for 95% of the total inflow into United States spot Bitcoin ETFs on Tuesday.
The post BlackRock’s Bitcoin ETF Sees $300 Million in Inflows, Reversing Trend of Low Flows appeared first on Cryptonews
Shiba Inu Price Prediction as SHIB Spikes Up 6% as Attention Returns to Meme Coins – Time to Buy?
21.5.2024
Shiba Inu price prediction rises as SHIB sees a 6% surge while "Roaring Kitty," known for the 2021 GameStop frenzy, returns, sparking meme coin activity.
The post Shiba Inu Price Prediction as SHIB Spikes Up 6% as Attention Returns to Meme Coins – Time to Buy? appeared first on Cryptonews
Ether ETFs Filing Process Sees Abrupt Progress, Though Approval Not Guaranteed: Sources
20.5.2024
XRP Ledger Sees Over 100% Surge in Transaction Activity Amid Decline in Average Costs
20.5.2024
The XRP Ledger (XRPL) has experienced an increase in transaction activity, with the number of transactions more than doubling from the fourth quarter of 2023 to the end of the first quarter of 2024.
The post XRP Ledger Sees Over 100% Surge in Transaction Activity Amid Decline in Average Costs...
Bitcoin analysis sees $74K next as BTC price tries to hold 7.5% gains
16.5.2024
BTC price action has its doubters after swiftly jumping to new May highs, but some see Bitcoin continuing upward momentum into price discovery
Nasdaq, After Pivoting Crypto Ambitions to Tokenized T-bills, Sees Staffers Exit Amid Delays: Sources
15.5.2024
After ending its crypto custody plan, Nasdaq pivoted to tokenized U.S. Treasuries, but progress was too sluggish for some now-former employees, a person familiar with the matter said
Spot Bitcoin ETF sees first inflow in five weeks amid market shift
14.5.2024
There is a notable shift in the market, with Spot Bitcoin ETF banking an inflow for the first time in five weeks. There was a trend of outflow for 4 consecutive weeks, but that has been broken with the inflow of $130 million in total. This pertains to the US Spot Bitcoin ETF offering with …
Bitcoin Runes Protocol Sees Traction Waning After Much-Hyped Introduction
14.5.2024
User activity has plunged after a hyped run-up to the start of the Runes protocol , which was expected by some to mirror Solana’s meme coin ecosystem