Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been …
Continue reading “Analyst Sets $4.40 XRP Target As 3rd-Straight Bull Pennant Forms”
The US will soon have a largely crypto-friendly White House, but Binance’s Richard Teng says it may be too soon to start talks about re-entering the market.
One expert says while Willow is a significant development, it’s still far short of being a threat to crypto encryption, at least for now.
The firm behind USDT says that the growth of crypto’s largest stablecoin by market cap has been fueled by sharks and minnows rather than whales. In a newly released Tether Insights publication, USDT-issuer Tether highlights the “extraordinary” growth of USDT in crypto wallets. “The growth of USDT wallets has been extraordinary, increasing 71% in the …
It comes as US Bitcoin miners have had to deal with delayed deliveries of Bitmain ASICs that have been stuck at US ports of entry for weeks.
A member of Russia’s State Duma has proposed the creation of a national Bitcoin (BTC) reserve, positioning the crypto as a tool to counter economic sanctions and ensure financial stability, local media reported on Dec. 9. The proposal, introduced by Anton Tkachev of the Novye Lyudi party, reflects a growing interest in leveraging digital assets …
Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › The cryptocurrency market in Nigeria has seen significant growth, with digital assets like Bitcoin becoming popular for their profitability. But as many mobile apps are facilitating crypto trading in Nigeria, the Prestmit app is designed to …
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Toni Wahrstätter, a researcher at the Ethereum Foundation, has called for patience in addressing Ethereum’s block gas limit expansion, citing technical challenges in a Dec. 9 post. The discussion comes as the Ethereum community debates raising the gas limit, a change that could enhance network capacity but also pose risks to stability and security. Wahrstätter …
The crypto market experienced a cascade of liquidations over the past 24 hours, totaling $1.52 billion, as Bitcoin (BTC) underwent yet another flash crash. According to Coinglass data, longs made up the vast majority of the amount, with $1.39 billion liquidated across the market, while short liquidations accounted for $137 million of the total. This …
The rebranded Enron Corporation revealed Connor Gaydos as its new CEO and announced a January summit where it plans to release a transformative new technology that will “truly change the world forever.” The firm made the revelations in a promotional video released on Dec. 9 featuring Gaydos, who is widely recognized for his involvement in the …
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Decentralized exchange aggregator Jupiter’s governance has approved a proposal to airdrop $860 million worth of JUP tokens to community voters called Jupuary. The proposal, spearheaded by Jupiter founder Meow, aims at incentivizing long-term participation. It lays out a detailed roadmap for the airdrop, emphasizing unity within the community. Meow highlighted the importance of collective decision-making. …
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Bitcoin mining hardware giant Bitmain announced the launch of a new US-based production line, a strategic move aimed at mitigating delays caused by customs holds and navigating escalating trade tensions. In a Dec. 9 statement, Bitmain highlighted the benefits of local production, stating: “This strategic move aims to provide faster response times and more efficient …
Continue reading “Bitmain launches US production line to outmaneuver geopolitical trade tensions”
Jetking Infotrain became India’s first publicly traded company to adopt Bitcoin (BTC) as a reserve asset for its treasury after purchasing 12 BTC on Dec. 9, according to the firm’s CEO Avinash Bharwani. The company’s Bitcoin reserve is worth roughly $1.2 million, at $97,986.35 per BTC as of press time. According to Google Finance data, …
Coinshares digital assets report showed a significant surge in digital asset inflows, reaching $3.85 billion. Record Breaking Inflows Into Digital Asset Investment Digital asset investment products had the biggest weekly inflows ever at $3.85 billion, shattering the previous record established only a few weeks earlier. Coinshares‘ analysis of last week’s (Dec. 2 – Dec. 6) …
Continue reading “Digital Assets Investments Hit Record $3.85 Billion Weekly Inflow”
The report underscores USDT’s pivotal role in cryptocurrency adoption, bridging the gap between traditional fiat and digital assets. 109 Million Wallets Hold Tether Tether’s second insights report revealed a significant milestone in the adoption of its stablecoin USDT with 109 million onchain wallets holding USDT at the start of Q4 2024. This makes USDT one …
Continue reading “109 Million Wallets Hold USDT: Tether Reports”
