Wed, November 20

Bakkt Delists Most Tokens From Newly Acquired Apex Crypto Platform

Twenty-five of the thirty-six crypto tokens were removed from Bakkt’s newly acquired Apex Crypto trading platform. A business spokesperson explained the change on May 12 by saying it was “part of our regular coin listing review process.” Fewer specifics are available. Although most of the abandoned tokens are associated with

May 14, 2023 1 min read

Riot Platforms Files Lawsuit Against Rhodium Over Pending Payment

To recoup “more than $26 million” in claimed unpaid mining facility fees, Riot Platforms (previously Riot Blockchain), a cryptocurrency mining platform, has filed a lawsuit against Texas-based Bitcoin miner Rhodium Enterprises. Rhodium reportedly broke its contract with Riot by not paying hosting and service costs related to utilizing Whinstone’s Bitcoin

May 14, 2023 1 min read

Do Bitcoin Deserve the Title “King Of Cryptocurrencies”; While Falling Apart?

Bitcoin, the original blockchain, has been facing significant challenges in recent times. Network congestion and soaring transaction fees have raised concerns among Bitcoin enthusiasts. The surge in activity, primarily driven by the emergence of BRC-20 tokens and ordinals, has put Bitcoin’s scalability to the test.  While some maximalists advocate for

May 14, 2023 3 mins read

‘Crypto is Global Phenomenon’ Says Crypto Freak Lark Davis

Cryptocurrencies have become a global phenomenon, with Bitcoin leading the charge. Bitcoin, the world’s largest cryptocurrency by market capitalization, has grown in popularity in recent years, and its impact is being felt worldwide. However, Bitcoin is just one of many cryptocurrencies that are challenging traditional notions of money and finance.

May 14, 2023 3 mins read

El Salvador Witnesses Growth in Tourists Amid Stringent Law and Order

According to El Salvador’s minister of tourism, the nation is seeing an all-time high in the number of visitors. The statement is part of a larger PR push by the Central American nation to change its image from one of a lawless backwater to that of a Bitcoin and surf

May 13, 2023 2 mins read

Bitcoin Stumbles at $26K, While Memecoin Mania Takes Over the Crypto Market

Today’s Bitcoin price analysis indicates the king coin has followed a declining trendline since recording a 12% price decline from a high of $29,865 on May 6. The price has dropped to as low as $26,166.87 on some exchanges, indicating a 3.16% dip in the last 24 hours. The current

May 12, 2023 2 mins read

U.S SEC Issues Second Subpoena to Bitcoin Miner Marathon Digital

The newest development involves allegations of securities law breaches at the Montana Data Center. Which has led to a subpoena being issued to Bitcoin miner Marathon Digital Holdings by the U.S SEC. Marathon Digital said on Wednesday, May 10th, in filings: “The Company received an additional subpoena from the SEC

May 11, 2023 1 min read

Tether Reserve Holds Bitcoin Worth $1.5 Billion

BDO Italia, one of the major international networks of audit and professional services, has revealed that Bitcoin has made up around $1.5 billion of the Tether reserves, which is nearly 2% of the total at the end of Q1. Recently, the stablecoin issuer Tether released the Q1 2023 results. According

May 11, 2023 1 min read

US Government Sells $98K Worth of Bitcoin: Implications for Cryptocurrency Market

The recent sale of $98K worth of Bitcoin by the US government has caused a stir in the cryptocurrency market. While the amount sold relatively small compared to the total market cap of Bitcoin, it has raised concerns among investors about potential market manipulation and the government’s stance towards cryptocurrencies.

May 11, 2023 2 mins read