Bitcoin miners found 4,446 blocks in February, earning $1.39 billion in total—$71 million of which came from onchain transaction fees. Bitcoin mining generated $40 million more in revenue in February than it did in January, despite a decline in fees this month. The Hash Price of Bitcoin Exceeds $100. Foundry USA took the lead in … Read more
Sales of non-fungible tokens (NFTs) have increased by 35.14% over the previous week due to the growth in the value of cryptocurrencies. This is the third week in a row that the NFT industry has seen an increase in sales, with NFTs based on Bitcoin driving this trend. Sales of NFT Exceed $412 Million in … Read more
The Uniswap community has overwhelmingly approved a proposal to reward UNI token holders who stake and delegate their tokens, marking a significant governance decision. With over 10 million UNI tokens pledged in support of the upgrade, which aims to revitalize the protocol’s decision-making process, it has received overwhelmingly positive feedback. A historic vote establishing new … Read more
In Latin America, Argentina is at the forefront of cryptocurrency use. In a report titled “Argentina Crypto Capital,” published by Lemon, a prominent exchange in the nation, it is stated that Argentines use four out of ten cryptocurrency apps in Latin America, and that over 70% of deposits made on the exchange are made using … Read more
The meme coin market has seen tremendous growth recently, rising more than 13% in the last day. The meme token economy has grown by $3.77 billion over the past four days, with double-digit increases being made by tokens like pepe (PEPE) and corgiai (CORGIAI). The Meme Coin Market Expands As of February 23, 2024, the … Read more
As the price of bitcoin surged on Monday, nine freshly created spot exchange-traded funds (ETFs) for the cryptocurrency smashed their all-time daily volume record. A Bloomberg ETF analyst stated, “It’s official…the new nine bitcoin ETFs have broken all-time volume record today with $2.4b,” adding that Blackrock’s Ishares Bitcoin Trust (IBIT) “went wild,” shattering its record … Read more
On Monday, the value of Bitcoin surged to a peak of $57,055, rising 10.1% in a single day to bring its market worth to $1.10 trillion. Bitcoin’s value in relation to the US dollar hasn’t increased to these levels since Nov. 22, 2021, which was 12 days after the cryptocurrency’s $69,000 peak. The Bitcoin Rally … Read more
Former President and contender for the US presidency Donald Trump has recognized that more and more people are using bitcoin, saying that it has “taken on a life of its own” and that “a lot of people are doing it.” Trump continued, saying, “I can live with it one way or the other because I’m … Read more
After U.S. District Judge Richard Jones approved Binance Holdings’ plea deal with prosecutors on Friday, the company will have to pay $4.3 billion in fines. In addition to the monetary settlement, Binance’s operations will be managed by a third party for a period of five years. Seattle Judge Approves Historic $4.3 Billion Binance Settlement Binance, … Read more
Supporter of bitcoin Max Keiser has issued a warning about possible government confiscation of bitcoin stored in exchange-traded funds (ETFs). In addition, he foresaw a sharp decline similar to the one that occurred in 1987 and issued a dire warning that the price of bitcoin would surpass $500,000. The Crash and Bitcoin Seizure Alerts from … Read more