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Michael 1714 posts

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…

Circle Discontinues USDC Minting on Tron Network

Michael Feb 21, 2024
Stablecoin leader Circle is saying goodbye to Tron. In a move prioritizing "trust, transparency, and safety," Circle announced it would no longer mint its popular…

Bitcoin Holdings on Coinbase Dip to Lowest Point in 8 Years

Michael Feb 20, 2024
Large Bitcoin holders, aka "whales," have shifted a whopping $1 billion worth of BTC away from the Coinbase exchange, marking the lowest level of Bitcoin holdings…

Bitcoin Takes Flight, But Will New Investors Follow?

Michael Feb 20, 2024
Bitcoin's price is soaring, but a puzzling question hangs in the air: where are the new investors? Despite a whopping $4.93 billion flowing into spot Bitcoin ETFs,…

Q4 2023 Report Shows Growth in VC Funding for Blockchain and Crypto

Michael Feb 19, 2024
The winds of change are swirling in the cryptoverse. After a turbulent 2022, venture capital funding for blockchain and crypto companies saw a much-needed surge in…
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