Sat, November 30

Philippines Youth Introduced to Blockchain by Government Agency

The youth of the Philippines are being introduced to blockchain technology, cryptocurrencies, and non-fungible tokens (NFTs) via a government organization that focuses on scientific and technological research and development. On September 20, the tech forum organized by the Philippines’ Department of Science and Technology-Advanced Science and Technology Institute (DOST-ASTI) invited

September 24, 2024 2 mins read

Arthur Hayes Continues Buying Spree of Aethir (ATH) Amid Focus Shift

The incredible change in trading tactics of BitMEX co-founder Arthur Hayes has once again garnered attention throughout the world. According to on-chain statistics, the co-founder’s attention shifted from PENDLE to Aethir (ATH), which he acquired extensively. In addition to the coin’s 19% gain over the previous week, this strategic mover

September 24, 2024 1 min read

Celsius Token Surges 300% in a Month After $2.5B Repayment to Creditors

The native token of the Celsius Network had a price spike of more than 300 percent in the month after the debut of its $2.5 billion repayment plan for over 250,000 debtors. The insolvent digital asset lender paid back around $2.53 billion to 251,000 creditors, according to a court document

September 24, 2024 1 min read

Bitcoin Price Slumps Back to $63K Amid Increased Volatility

The cryptocurrency market, much to the delight of the investors, turned bullish last week. Leading cryptocurrencies recovered from their downward trajectory, sustaining over the previous fortnight. Meanwhile, the crypto community also rejoiced at a pro-crypto statement from the US Democrats’ candidate, Kamala Harris.  However, in the last 24 hours, Bitcoin

September 24, 2024 2 mins read

Riot Platforms and Bitfarms Settle Dispute Ending Ongoing Tussle

Bitfarms and Bitcoin miner Riot Platforms Inc. have settled their months-long dispute over Riot’s intended takeover attempt. This development comes in the lead-up to Bitfarms’ Special Meeting of Shareholders on November 6th. Both firms’ stock prices are out of the red zone and are expected to surge. Riot Platforms Inc.

September 23, 2024 2 mins read

Digital Asset Products See $321M Inflows Amid Fed Rate Cut

Digital asset investment products experienced net inflows of $321 million for the second consecutive week, according to CoinShares. The surge was largely attributed to the U.S. Federal Reserve’s decision to cut interest rates by 50 basis points (bps), which was viewed as a dovish move by the market. Total assets

September 23, 2024 2 mins read

Bitcoin Reaches 25D High as Whales Trade and Shorts Liquidate

Bitcoin, the world’s largest cryptocurrency, has once again sparked excitement within the market by reaching a 25-day high of $64,745 just hours ago. Over the past 24 hours, Bitcoin’s trading volume has surged by 86%, rekindling optimism among traders. Many in the crypto community are already calling it a taste

September 23, 2024 2 mins read

Deutsche Bank Poll Reveals Widespread Public Skepticism Toward CBDCs

Although several central banks worldwide are considering the possibility of introducing a Central Bank Digital Currency (CBDC). A recent poll found that most customers are not keen on utilizing such products. Therefore cash will likely remain in circulation for the foreseeable future. Around 4,850 people from the US, UK, and

September 22, 2024 2 mins read

Bitcoin Price Likely to Face Correction Following Recent Surge

Bitcoin has had a really good ten days or so, with the asset adding about $10,000 during this span, largely due to the US Federal Reserve’s move to lower key interest rates. But several social measures imply that the cryptocurrency’s boom could be ended soon. Last week on Wednesday, September

September 21, 2024 2 mins read

El Salvador  President Engages with Elon Musk on AI and Technology

El Salvador has firmly established itself within the cryptocurrency community, notably becoming the first country to adopt Bitcoin as legal tender. The nation has surpassed 5,800 Bitcoin in daily Bitcoin accumulation, reportedly generating over $31 million in profit. This pioneering approach reflects the country’s commitment to integrating cryptocurrency into its

September 21, 2024 2 mins read