As part of its attempts to reorganize after filing for bankruptcy in 2022, Core Scientific, a bitcoin mining corporation located in Texas, has stated that it would resume trading on Wednesday and return to Nasdaq. In a statement released on Tuesday, the firm said that it has successfully reduced $400
Amid a broader cryptocurrency comedown that has affected majors like Bitcoin and Ethereum, one meme coin has practically stolen the market spotlight. The Dogwifhat (WIF) token, created less than two months ago on the Solana blockchain, has skyrocketed over 60% in just the last 24 hours. Its abrupt rise catapulted
Blocktrade, an asset marketplace and trading platform, has revealed a significant update that makes purchasing cryptocurrency at retail locations simpler than ever. Any business may now accept payments in a variety of cryptocurrencies and promptly have euros transferred into their accounts thanks to the new capability. Users may now pay
Avalanche (AVAX) meme coins are creating a buzz in the cryptocurrency community, following the trend set by Solana (SOL) meme coins. The Avalanche Foundation has gained attention by updating its investment strategy, now focusing exclusively on meme coins minted on the Avalanche blockchain. Despite recent market fluctuations, both SOL and
With surveys conducted in France, Spain, Italy, and Sweden, Binance—the world’s leading blockchain ecosystem and crypto service provider by trading volume—has dived into the behavior of European cryptocurrency users, providing a thorough understanding of their preferences and behaviors. A striking pattern emerges from the poll: 73% of participants are bullish about cryptocurrency’s
The Bitcoin market is grappling with a significant shift in momentum as selling pressure intensifies, giving bears the upper hand. The prominent asset manager, Grayscale, known for overseeing the Grayscale Bitcoin Trust (GBTC), is playing a pivotal role in driving this trend. While initial excitement over spot Bitcoin ETFs led
Cardano, one of the prominent blockchain platforms in the crypto space, is experiencing a significant decline in on-chain activity related to large transactions, typically associated with whale movements. This sudden and substantial drop has led to a near standstill in the network’s activity, raising concerns and speculations about the underlying
Users affected by the recent flash collapse of OKX’s native token, OKB, will be compensated by the cryptocurrency exchange. Investors and dealers were understandably worried when the token’s value plummeted on January 23, prompting this disclosure. In less than fifteen minutes on January 23rd, OKB’s value fell from $46.80 to
In a research report released on Monday, JPMorgan downgraded U.S. exchange Coinbase (COIN) to underweight and warned that the debut of spot bitcoin ETFs, the primary driver of bullish sentiment in the cryptocurrency markets last year, might disappoint investors in 2024. Analysts led by Kenneth Worthington mentioned: “While we continue
Fully decentralized multi-chain service provider UNCX Network is teaming up with HELLO Labs’ reality TV series “Killer Whales,” which is dubbed “the Shark Tank of Crypto” and is co-produced by CoinMarketCap and AltCoinDaily. With its top-notch, scalable, decentralized infrastructure, UNCX is facilitating simpler and safer DeFi. This is in line
