Bitcoin has jumped by 10% and is close to marking a fifth consecutive bullish day this week. With such a bull run in the biggest cryptocurrency in age and market cap, the overall market trend is improving. Under market recovery, the meme coins are prepping for massive gains in the coming season of high bullishness. ...Read More
The South Korean government is taking extra steps to ensure the protection of crypto investors from unfair market activities and criminals by imposing higher fines and punishments for violations of certain provisions. According to a press release, crypto criminals face jail terms of more than a year or a fine equal to three to five...Read More
CleanSpark Inc., a prominent participant in the Bitcoin mining industry, has unveiled plans to increase its operating hash rate. The company aims to double its hash rate in preparation for the upcoming Bitcoin halving event. In light of this, the firm has revealed strategic acquisitions and expansion initiatives to enhance its mining capabilities and geographic...Read More
On Feb. 9, Ark Invest reported that its ARKB ETF had crossed $1 billion in Bitcoin holdings. “This isn’t just a number – it’s a testament to the growing trust and interest in digital assets,” it stated. The milestone was also commented on by Bloomberg ETF analyst James Seyffart, who said it suggests that Ark...Read More
On Tuesday, the Solana network experienced five hours of unusability. Validators, crucial components of Solana’s infrastructure responsible for processing and validating blockchain transactions, restarted the network before 10 am Eastern Time. Solana Labs attributed the recent five-hour blockchain downtime on February 6 to a bug that made transactions enter an infinite loop. The Post-Mortem According...Read More
Bitcoin’s price is poised for an upcoming rally this year, and the best scenario can take the asset to above $100,000 for the first time ever, said the CEO of CryptoQuant – Ki Young Ju. To do so, though, certain developments have to transpire, which are mostly related to the recently approved spot Bitcoin ETFs...Read More
According to Scam Sniffer, scammers stole $55 million worth of cryptocurrency in January alone and set up more than 11,000 phishing websites. Notably, most of these thefts occurred on the Ethereum mainnet, with Arbitrum, BNB, Optimism, and Polygon closely behind. Crypto Phishing Attacks Surged in January In a recent Feb. 9 thread on X, Scam...Read More
Shiba Inu (SHIB), a cryptocurrency investor who amassed $2.3 million from the meme coin’s rapid growth, is now focusing on the presale of Option2Trade (O2T), an emerging AI trading giant. This move signifies a significant confidence vote in Option2Trade’s (O2T) potential to redefine the trading landscape and use advanced technology to create new opportunities for...Read More
Altcoin analyst Altcoin Gordon told over 400,000 X followers Friday that his year-end target for Ethereum is $11,250. That would be a 3.4X increase compared to current prices. Bitcoin has received plenty of attention from the media since October between the SEC approval of Bitcoin ETFs in January and the upcoming fourth Bitcoin halving in April....Read More
An Ethereum Virtual Machine (EVM) side chain of the XRP Ledger (XRPL) will reward chain validators with XRP tokens. That brings Ripple into decentralized finance or DeFi’s staking wars. Ripple Partner Peersyst Technology’s CEO recently confirmed in an interview that XRPL EVM side chain will reward validators in XRP tokens. XRPL Ethereum Chain Uses XRP...Read More
Chinese Bitcoin miners have set their sights on Ethiopia in a strategic move driven by the pursuit of cheap energy and favorable climates. Last spring, cargo containers near electricity substations linked to Africa’s largest hydroelectric project, the Grand Ethiopian Renaissance Dam (GERD), signaled the arrival of Chinese miners. Ethiopia Emerges as Prime Destination for Chinese...Read More
Since plummeting from its peak in 2022, the Shiba Inu price has yet to experience any significant price surges. But with the crypto market now recovering and Bitcoin on the edge of reaching the $50,000 mark, investors are curious if SHIB could undergo a tenfold rally similar to its 2021 surge in the upcoming months...Read More
