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Search Results for: Cryptocurrency

Defunct Crypto Lender Celsius Distributes $2B in Crypto to Creditors

Most qualified creditors have already received their liquid crypto payments via PayPal and Coinbase, the two distribution agents of the defunct crypto lender Celsius, as per the announcement. The legal team representing Celsius, Kirkland & Ellis, recently updated the court on the payouts to creditors as stated in the restructuring

February 17, 2024 1 min read

Kaspa (KAS) Hits New All-Time High. Can It Reach $1?

In the midst of a surging crypto market, Kaspa (KAS), a Layer-1 proof-of-work (PoW) cryptocurrency, has reached an all-time high of $0.1688, boasting a market cap of $3.7 billion. This swing comes as Bitcoin ETFs witness billions of dollars flowing in, prompting crypto investors to explore alternative avenues for investment.

February 17, 2024 2 mins read

New Token Similar to Polygon Could Replicate MATIC’s 21000% Annual Gains of 2021

In the dynamic realm of cryptocurrency, certain tokens emerge as potential game-changers, captivating investors and enthusiasts alike with promises of revolutionary advancements and substantial gains. Among these tokens, Retik Finance (RETIK) has recently garnered attention for its ambitious goals and parallels to the remarkable success of Polygon (formerly MATIC) in

February 17, 2024 4 mins read

Binance Futures Launches Challenge: Win a Tesla Model Y and Bitcoin Vouchers

The biggest and most liquid cryptocurrency derivatives platform, Binance Futures, today unveiled the Futures Ultimate Challenge, in which users can contend for bitcoin token prizes by correctly forecasting the daily price of bitcoin and compete to win a Tesla Model Y in four weekly challenges. The four-week Binance Futures Ultimate

February 17, 2024 2 mins read

Bitcoin (BTC) Mining Difficulty Hits 80 Trillion Ahead of Halving

The complexity of solving the mathematical equation connected with a block, which is a measure of Bitcoin’s mining difficulty, surpassed 80 trillion on Friday. With the mining difficulty hitting 81.73 trillion, the network hash rate—which measures the total processing power allocated by miners—rose to 562.81 EH/s, a new all-time high,

February 17, 2024 1 min read

Mocaverse and KuCoin Collaborate to Redefine Cross-platform Identity

Mocaverse, the Animoca Brands membership network and metaverse project, KuCoin, a cryptocurrency exchange, and Halo Wallet, a Web3 wallet, have partnered to improve user navigation across numerous sectors, such as crypto trading, social finance, gaming, and decentralized finance (DeFi). A collaboration statement was made on February 15th, stating that the

February 16, 2024 2 mins read

Solana Faces Brief Correction as Bullish Momentum Starts Fading

There has been a noticeable slowdown in the price of Solana. In contrast to other altcoins in the market, Solana’s progress has faced tough resistance around the $120 price mark, making it a tough terrain. One possible explanation for this standstill is that the network’s operational problems have been more

February 16, 2024 2 mins read

Stablecoins Boost Dollar’s Global Status, says Federal Reserve Governor

According to Federal Reserve governor Christopher Waller, the dollar’s position as a worldwide reserve currency may be being solidified by the widespread use of stablecoins denominated in U.S dollars in the decentralized finance (DeFi) space. Waller said at a central banking-focused conference on February 15 that the U.S. dollar is

February 16, 2024 2 mins read
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