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Crypto VC Predicts Profitable ‘Culture Coins’ Could Outshine Dogecoin and Animal Memecoins
8.4.2024
A new class of memecoins centered around cultural values such as politics, lifestyle, and religion could achieve greater growth this cycle than memecoins such as Dogecoin and Shiba Inu.
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Bitcoin Mining Was More Profitable in February Than January: Jefferies
27.3.2024
Publicly traded North American mining companies produced a smaller share of new bitcoin last month, slipping to 17.5% of the total network, the report said
South Korean Police Capture Fraudsters Who Stole $4.1 Million in Crypto Investment Scam
26.3.2024
The Haeundae Police Station in Busan, South Korea, has caught a pair of fraudsters who stole $4.1 million from a senior citizen with the promise of profitable crypto investments.
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Solana (SOL) and Avalanche (AVAX) remain profitable yet fall short to new AI exchange token priced $0.0181
20.3.2024
As the market continues to evolve, two prominent names have been making waves for some time now: Solana (SOL) and Avalanche (AVAX). However, a new challenger, Option2Trade (O2T), priced at an enticing $0.0181, is starting to garner attention for its competitive edge in the industry. This article...
Bitcoin Price Prediction as BTC Consolidates at $62,000, Making 99% of Addresses Profitable – What’s Next?
2.3.2024
Amid Bitcoin consolidating at $62,000, making 99% of addresses profitable, anticipation builds. PlanB's prediction of a 10-month explosive growth phase highlights a pivotal moment for Bitcoin's future trajectory.
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Is Bitcoin SV About to Crash? BSV Price Tumbles as New Bitcoin Project Secures $11 Million
19.2.2024
In the latest pre-halving development, leading hard-fork project Bitcoin SV has taken a minor localized tumble. This article will provide an analysis of BSV’s current price trends and look to see whether a newer meme coin, Meme Kombat, represents a more promising investment opportunity at this...
New Solana rival valued at $0.1 targets $18 in 2024, a more affordable and profitable investment opportunity over SOL
3.2.2024
The world of cryptocurrency is no stranger to innovation and disruption, and 2024 is poised to bring us a compelling new player in the form of Retik Finance. Often described as the “Ethereum killer,” Solana (SOL) has long been a dominant force in the crypto sphere. But now, with...
Tether emerges as a profitable stablecoin titan with educational goals
2.2.2024
Tether has emerged as a leading stablecoin, as evidenced by the highlights of its latest quarterly attestation. Also, its native ecosystem is leaping forward with Tether Edu, an educational initiative that will be available to people across the world. The rise is noteworthy, considering the crypto...
Many Bitcoin Miners Struggle to Make Profits: Cantor Fitzgerald
26.1.2024
Bitcoin mining is getting less profitable as many publicly traded miners might face potential profitability challenges following the next Bitcoin halving event. According to a recent report by Cantor Fitzgerald, 11 major mining companies, including Marathon Digital (MARA), Riot Platforms (RIOT)...
Algotech (ALGT) vs. Dogecoin (DOGE): Investor Who Struck Gold Picks Algotech (ALGT)
25.1.2024
Take a deep dive into a new profitable project, Algotech (ALGT), with more promising tales than Dogecoin’s (DOGE) surge, hinting at a $1 valuation. Algotech’s groundbreaking rise as one of the top DeFi projects, fueled by transparency and a $1.1M seed sale, makes it the top coin...
X Mining Is Paving a New Path for Bitcoin Mining via Tokenized Staking and Improved Sustainability in January 2024
24.1.2024
X Mining is a hot new cloud mining platform designed to revolutionize how individuals engage with Bitcoin mining in 2024. By integrating the convenience of tokenized staking with the reliability of blockchain, X Mining is set to democratize access to Bitcoin mining, making it accessible...
BitRiver – Bitcoin Mining More Profitable in Russia Than US
23.1.2024
The head of Russia’s biggest crypto mining firm says that Bitcoin (BTC) mining is more profitable in his country than in the United States – and that halving will only heighten the discrepancy. Per RBC, Igor Runets, the Founder and CEO of BitRiver, said the difference would likely become more...
Mining Digital Gold — These Are the Most Profitable Proof-of-Work Algorithms in 2024
21.1.2024
In September 2022, Bitcoin’s SHA256 algorithm ranked as the seventh most lucrative proof-of-work (PoW) network for mining. Fast forward a year and four months, and this algorithm has ascended to become the third most profitable crypto network for mining operations. 2022 to 2024 Sees...
Crypto Derivative Platform Hegic’s Profitable DeFi Strategy Could Spark Probe From SEC – Here’s Why
19.12.2023
Source: Adobe Hegic, a crypto derivatives trading platform, may have just exposed itself to an insider trading probe from the U.S. government following a profitable but sketchy trade with an affiliate company. The platform recently scored $17 million when its pseudonymous founder, Molly Wintermute...
El Salvador Triumphs in Bitcoin Bet — President Nayib Bukele Announces $3.6 Million Profit
4.12.2023
El Salvador’s head of state, Nayib Bukele, recently announced that the nation’s bitcoin investment has turned profitable, rebounding from a prolonged period of losses experienced during the majority of last year’s crypto winter. Bukele revealed that the value of...
Scorpion Casino Blazes Past $2 Million Milestone As Revenue-Sharing Pays $100,000
3.12.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. The presale for Scorpion Casino has officially blazed past the $2 million milestone as investors rush to the revenue-sharing ecosystem. The platform has been profitable for over a year and...
dYdX raises margin requirements in some markets, bans “highly profitable trades”
19.11.2023
The decentralized exchange increased margin requirements on several markets on Nov. 18, after an alleged targeted attack on the YFI token triggered massive liquidations
Epic Games Admits In Court That Its PC Store Still Isn't Profitable
7.11.2023
On Monday, during the first day of the Epic v. Google legal showdown over app store fees, both companies gave their opening statements and began poking at each other’s witnesses. And during the day, Epic admitted that its digital PC game store still isn’t profitable. Read more
Jack Dorsey’s Block Reports Strong Q3 Earnings; Profits from Bitcoin Holdings Surge
3.11.2023
Block, the Bitcoin-focused fintech company led by Jack Dorsey, reported robust financial results for the third quarter of 2023, surpassing analyst expectations and marking a profitable period. The firm recorded $5.62 billion in revenue for Q3 2023, a notable achievement driven by strong growth...
Northern Data Secures $610 Million Debt Financing from Tether as New ASIC Technology Makes Mining Profitable Again
2.11.2023
Northern Data AG, Europe’s largest Bitcoin mining company, has secured a debt financing facility of around $610 million from a company within the Tether Group amid advancements in ASIC technology that have made mining profitable again. The loan agreement, which has a term until January...