Fri, October 10

Bitcoin Miners Energy Consumption Skyrockets Ahead of Halving

In the run-up to the pivotal halving, Bitcoin miners had hoped for a rapid mining rate. Bitcoin miners have reportedly hit a new monthly energy consumption peak, according to a Bloomberg article. Bitcoin prices have remained high and skyrocketed due to the supply shock and the simultaneous increase in the

March 9, 2024 1 min read

Goldman Sachs Upgrades Coinbase to Neutral Amid Stock Surge

With a 60% increase from the start of the year, Coinbase (COIN) stock has shown remarkable growth in the last few weeks, regaining its listing price and trading at $256 at the time of writing. After a steep decline during the crypto winter, when shares fell to $33 in 2023,

March 9, 2024 2 mins read

Will the Shiba Inu Team Execute a 10T SHIB Burn in March?

Shiba Inu, the second-largest memecoin by market cap, has seen a surge of over 22445% in its 24-hour burn rate. This surge occurs as an aftermath of the SHIB team’s massive burn of 13.4 billion SHIB, worth $466K at current prices, in the last 12 hours.  On X, Shiba Inu’s

March 9, 2024 2 mins read

SEC Chair Gary Gensler Dodges Questions on Spot Ethereum ETF

Based on Gary Gensler’s response to a query on the possibility of spot Ethereum ETF clearance, it seems that applicants for this product could have a lengthier wait than anticipated. Gary Gensler, chairman of the U.S SEC, spoke with Yahoo Finance’s Jennifer Schonberger yesterday. She brought up the topic of

March 9, 2024 1 min read

Coinbase Faces Yet Another Outage Amid Bitcoin’s Soaring Highs

Investors are ecstatic about the Bitcoin rise, but the Coinbase exchange’s platform is responding poorly. In the midst of Bitcoin’s new all-time high (ATH), Coinbase has reported yet another downtime. The crypto exchange has experienced three outages in the last two weeks. The platform collapsed, causing significant disruptions according to

March 9, 2024 2 mins read

Solana Charging Up for Next Leg Higher After Recent SOL Surge

Solana (SOL), one of the most prominent layer-1 blockchain platforms, has caught fire over the last couple weeks. The Ethereum competitor has notched a scintillating 45% price gain since mid-February, outpacing broader crypto markets. After languishing under $100 for the latter portion of 2022 and early 2023, SOL appears to

March 9, 2024 2 mins read

Worldcoin Plans Legal Action Against Spain Post Data Collection Cease Order

In response to an order by Spain’s data protection regulator, AEPD, to cease personal data collecting in the country or utilize the previously gathered data, Worldcoin—an iris biometric crypto project co-founded by OpenAI CEO Sam Altman—has launched a lawsuit against Spain. On March 8, TechCrunch reported that Tools for Humanity,

March 9, 2024 2 mins read

Bitcoin Sets New All-time High as Price Hits $70,000 Threshold

The price of Bitcoin (BTC) has skyrocketed to a new All-Time High (ATH) of $70,000, marking a first for the cryptocurrency in over 14-year of existence. The price of Bitcoin (BTC) witnessed massive bullish momentum today, and breached slightly above $70,000. Since the new year began, the value of BTC

March 8, 2024 2 mins read

Match Chain Achieves Remarkable Milestone With 100 Million Transactions

Match Chain, the cutting-edge interoperable Layer-1 blockchain, has shattered records by surpassing 100 million transactions in an astonishing timeframe of just eight months. This monumental achievement underscores Match Chain’s unwavering commitment to fostering a diverse and flourishing decentralized ecosystem while prioritizing reliability and exceptional performance. The rapid ascent of digital

March 8, 2024 2 mins read
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