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Michael1708 posts

Bitcoin Rejects $53K, Futures Open Interest Reaches 2-Year High

Michael Feb 27, 2024
The Bitcoin price rollercoaster continues. After reaching a 2024 high of $53,019 on February 20, the cryptocurrency abruptly dipped to around $50,000 on some…

Texas Blockchain Council And Riot Platforms Win Lawsuit Against US Energy Officials

Michael Feb 25, 2024
In a win for cryptocurrency miners, the Texas Blockchain Council (TBC) and Bitcoin mining firm Riot Platforms have secured a temporary victory in their lawsuit…

Riot Platforms Reports Strong Bitcoin Mining Performance, Mined 6,626 BTC

Michael Feb 24, 2024
Bitcoin mining giant Riot Platforms ramped up production in 2023, mining 19% more BTC than the previous year. This surge, combined with higher Bitcoin prices, led…

ETH Eyes $3K Breakthrough After Hitting Resistance, Market Sentiment Remains Positive

Michael Feb 23, 2024
The Ethereum (ETH) price is currently stuck at $3,000, facing a crucial resistance level after a nearly 30% surge in two weeks. While analysts attribute the recent…

Block Reports 90% Increase in Bitcoin Gross Profits

Michael Feb 23, 2024
Block's Cash App, a popular mobile payment service, saw its Bitcoin gross profit skyrocket 90% year-on-year in the fourth quarter of 2023.Cash App users are…

Tether Makes No Statement on Delisting USDT from Tron Network

Michael Feb 22, 2024
Stablecoin giant Tether has remained silent on whether it will follow its competitor Circle in abandoning the Tron network. This comes after Circle abruptly stopped…

Nvidia Surpasses Tesla in Trading Activity, AI Growth Surges

Michael Feb 22, 2024
Nvidia, the powerhouse behind powerful graphics chips, reported a whopping 265% increase in annual revenue thanks to skyrocketing demand for artificial intelligence…

US Bitcoin ETF Approval Impact Australian Market

Michael Feb 21, 2024
A recent survey reveals a surge in Bitcoin sentiment following the green light for spot Bitcoin ETFs in the US last month.The Independent Reserve Cryptocurrency…

Stellar Protocol 20 Upgrade Goes Live, Enabling Smart Contracts

Michael Feb 21, 2024
The long-awaited smart contracts feature has finally landed on the Stellar network, marking a "new era" for the platform, according to the Stellar Development…

Web3 Powerhouse Hack VC Secures $150M for Crypto & AI Startups

Michael Feb 21, 2024
Leading Web3 venture capital firm Hack VC has locked in a hefty $150 million war chest to invest in innovative early-stage crypto and AI startups. This move…
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