Galaxy Analysts Forecast 20% Drop in Bitcoin Hash Rate Following Halving
The clock is ticking for Bitcoin's next halving, an event scheduled for April 2024 that cuts rewards for miners in half. But this upcoming halving might bring more…
Crypto Boom Lifts Coinbase: Shares Jump as Profits Blow Past Expectations
Coinbase (COIN) silenced the doubters, handily beating analyst estimates for both earnings and revenue in its fourth quarter report. Fueled by the surging…
Bitcoin Jumps to $53,000, Raising Hopes for Crypto Market Recovery
Bitcoin continues its ascent, soaring past the $53,000 mark on Thursday, marking a 1.34% increase. This comes just after surpassing the significant $50,000 barrier…
DeFi Traders Rake in $120 Million Using “Looping” Strategy
Two cryptocurrency whales have raked in a cool $120 million thanks to a clever strategy called "looping" within the decentralized finance (DeFi) space. These…
Bitcoin Booms, But Can It Bust? Experts Weigh In on Spotting the Next Peak
Bitcoin's been on a tear, soaring 35% in just 22 days thanks to the arrival of US ETFs. But even amid the party, whispers of "when will it stop?" are starting to…
Sui Revealed as Top Destination for DeFi Inflows Over the Last 30 Days
Grand Cayman, Cayman Islands, February 15th, 2024, ChainwireWormhole data shows nearly $310 million in assets bridged from Ethereum to Sui over the last month —…
Bitcoin Rally Leads to $221 Million Loss in Crypto Futures Market
Bitcoin is on a roll! After dipping below $49,000 yesterday, the crypto king bounced back and crushed through $51,500, hitting its highest point since last year.…
Japan Cracks Down on ‘Unlawful’ Crypto Transfers
Japan's financial watchdog, the FSA, is tightening its grip on crypto activities. They've instructed banks and other financial institutions to watch out for…
Cardano Founder : Big Banks Threaten Decentralization Dream
Cardano founder Charles Hoskinson raises concerns about traditional financial institutions entering the crypto space and potentially undermining its core principle…
CitiBank Tests Private Equity Tokenization on Avalanche
In a move signaling growing interest in blockchain technology, CitiBank, a global financial powerhouse, has successfully simulated the tokenization of a private…