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Search Results for: Cryptocurrency

Will Bitcoin Reach New Price Levels After Retracing to $60K?

The crypto market has shown a revival in the past few days after the August first weekend market crash. Notably, the overall market cap has increased by 6.50% while the daily trading volume exhibited slight declines. Leading cryptocurrency Bitcoin showed notable surges over the past day as the present positive

August 9, 2024 2 mins read

OKX Exchange CEO Bans Tornado Cash Interaction for Users

The cryptocurrency sector has witnessed an increasing number of scams in the past few months. The recent WazirX hack caught market attention over the loss of its $230 million funds. Amid such various reports, the China-based OKX exchange announced a new measure to prevent hacker activity.  Notably, OKX exchange’s CEO

August 9, 2024 2 mins read

Putin Approves Crypto Mining Law, Reducing Russia’s USD Dependency

A piece of legislation to legitimize Bitcoin (BTC) and crypto mining was adopted by Russian President Vladimir Putin on August 8th. As part of its foreign policy, the nation is working to lessen its need for the US currency. Approved mining enterprises will be able to register via a state

August 8, 2024 2 mins read

Cardano (ADA) Lags Behind Other Top Crypto’s in Current Market Recovery

In the midst of a broader cryptocurrency market resurgence, Cardano (ADA) finds itself in a precarious position, failing to match the upward momentum of its peers. Currently occupying the tenth spot in the global cryptocurrency rankings with a market capitalization of $11.63 billion, ADA’s performance has raised eyebrows among market

August 8, 2024 1 min read

Bitcoin Cash (BCH) Attempts Recovery After Closing Above Key Support Level

Bitcoin Cash (BCH) finds itself at a critical juncture as it endeavors to stage a comeback following a period of market turbulence. Currently trading in the $320 range, BCH has managed to hold above a crucial support level that previously cushioned its fall during July’s market downturn. The recent market

August 8, 2024 2 mins read

Zenqira Announces ZENQ Token First  Private Sale End and New Sale Slot Starting August 14

Zenqira is a decentralized computing platform dedicated to democratizing access to AI training resources. By connecting global computing providers with AI developers, Zenqira aims to reshape the AI landscape through collaboration, innovation, and cutting-edge technology. Zenqira, a pioneering force in decentralized AI computing, is excited to announce that the private

August 8, 2024 2 mins read

Gate.io CEO Dr. Han Lin at ABS2024: We Are Still at the Dawn of a Revolutionary Era

 Gate.io CEO Dr. Han Lin delivered an insightful presentation at the Asia Blockchain Summit 2024, focusing on the evolution of the cryptocurrency industry. Dr. Han explored the current state of the crypto sector, emphasizing that while the industry’s growth has been impressive, there remains substantial potential for further expansion. The

August 8, 2024 5 mins read

Metaplanet Secures ¥1B Loan to Further Fuel Bitcoin Acquisition

A further loan of 1 billion Japanese Yen was secured earlier today by the publicly-listed Japanese corporation Metaplanet, further solidifying its Bitcoin acquisition strategy. The announcement of the $68 million stock rights offering for the purchase of BTC came the day before this action. Raising an extra 1 billion Japanese

August 8, 2024 2 mins read
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