Fri, November 15

Search Results for: halving

The Teamz Web3/AI Summit Tokyo 2024 Is Counting Down 50 Days

The TEAMZ Web3/AI Summit is scheduled to be held over two days from April 13th to 14th, 2024, at Toranomon Hills in Tokyo, Japan. The summit will attract over 5,000 participants from Japan and the international Web3 industry to discuss the construction and development of the Web3 ecosystem. Summary of

March 1, 2024 6 mins read

Spot Bitcoin ETFs Propel BTC to $64,000. All-Time High in Sight?

The crypto market titan Bitcoin (BTC) has entered a bullish streak, achieving a significant breakthrough by exceeding the $64,000 zone for the first time since November 2021.  BTC’s rally continued as it peaked at a new yearly high of $64,058 on February 28, marking a 12% price surge in just

February 29, 2024 2 mins read

First Bitcoin Blockchain ICO Rockets Past $5M Milestone

London, United Kingdom, February 28th, 2024, Chainwire The Bitcoin Dogs presale has already raised over $5.1 million in under 14 days. With only 5 stages remaining, the ICO is now at its halfway point and only has 16 days left before it ends. The ICO is covering fresh territory: no

February 28, 2024 4 mins read

Bitcoin Heads Towards $58,000 Amid Record Spot ETF Trading

Bitcoin (BTC) continues its upward trajectory, rallying toward the $58,000 mark amidst heightened demand for spot Bitcoin ETFs. With BTC ETF trading volumes surpassing $3.05 billion for the second consecutive day, the market witnesses significant activity, notably with IBIT setting a new record of $1.32 billion in trading volume. The

February 28, 2024 1 min read

Bitcoin (BTC) Climbs Above $57K for the First Time in Two Years

Bitcoin (BTC) has surged past $57,000, marking its highest level in more than two years. The largest cryptocurrency has defied expectations of a looming price correction, climbing steadily in 2024. The rally, which saw Bitcoin reach $57,148, displayed a significant 12% increase from its previous trading range. This surge comes

February 27, 2024 2 mins read

DeFi Tokens Boost Crypto VC’s Returns by 50% 

Maven11 Capital, a crypto venture capital firm, has reported impressive returns of 54%, worth $1.43 million, by investing in DeFi tokens. These returns are particularly from UNI, the native token of Uniswap.  The firm capitalized on the DeFi token surge, which was driven by the growing attention to the DeFi

February 24, 2024 3 mins read

Uniswap’s UNI Token Faces Brief Correction Post Massive Rally

On Friday, February 23, Uniswap’s native token UNI saw a significant surge in value. The decentralized exchange’s decision to alter the fee system in favor of UNI token staking is the primary reason for the 75% price increase in Uniswap. However, at the time of writing, the price faced a

February 24, 2024 2 mins read

Riot Platforms Posts $281 Million Revenue from Bitcoin Mining in 2023 

Riot Platforms, a vertically integrated Bitcoin mining and data center hosting firm, reported record revenue of $280.7 million for the year ended December 31, 2023, according to its annual report.  Riot Platforms saw an 8% increase in its total revenue from $259.2 million in 2022 to $280.7 million in 2023.

February 24, 2024 2 mins read

Bitcoin Consolidates as Bulls Strongly Hold Price Over $52K Level

There has been a dramatic change in the Bitcoin liquidity scenario, especially on U.S cryptocurrency exchanges. The advent of exchange-traded funds (ETFs) in the U.S is largely responsible for the dramatic increase in liquidity shown in recent statistics. The liquidity dynamics of Bitcoin have changed significantly, with US-based crypto exchanges

February 20, 2024 2 mins read

Altcoins’ Open Interest Surges Amid Bitcoin Futures Hit $23 Billion

In recent months, the cryptocurrency market has witnessed an unprecedented surge in both investment and speculation, with derivatives trading reaching remarkable highs. Bitcoin, the leading digital asset, has once again taken the spotlight as its futures open interest surpassed $10 billion for the first time since July 2022. This surge

February 20, 2024 2 mins read