Tech

23 December

El Salvador Celebrates Christmas 2024 by Strengthening Bitcoin Holdings

As the world celebrates Christmas 2024, El Salvador continues its bold experiment with Bitcoin, adding another digital coin to its growing reserves. The country, which made headlines in 2021 for becoming the first in the world to adopt Bitcoin as legal tender, marked this holiday season with another significant purchase, demonstrating its ongoing commitment to cryptocurrency despite global market volatility. …

23 December

Why HYPE Crashed 20% in 24 Hours: know The Inside Story

In the fast-paced world of cryptocurrencies and digital tokens, dramatic fluctuations in price are not uncommon. However, when a token like HYPE drops by a staggering 20% in just 24 hours, it raises alarms among investors and traders alike. So, what caused this sudden plunge in HYPE’s value? Let’s break down the factors behind the drop and what it means …

23 December

Bitcoin Social Sentiment Hits Yearly Low: Is a $100,000 Recovery in the Cards?

Bitcoin, the world’s leading cryptocurrency, has recently faced a significant correction in its price, sending shockwaves through the market. As the price drops, social sentiment surrounding Bitcoin has also hit a yearly low. However, experts remain cautiously optimistic, with some analysts predicting that the cryptocurrency could recover and surpass the $100,000 mark in the near future. Here’s a closer look …

23 December

Trump Names Ex-Football Star Bo Hines as Executive Director of New Crypto Council

In a surprising move, former President Donald Trump has appointed Bo Hines, a former college football player and rising political figure, as the Executive Director of his newly formed Crypto Council. The announcement has sparked interest in both the political and cryptocurrency spheres, raising questions about the future direction of the crypto industry under the guidance of this unconventional leader. …

23 December

Jump Crypto’s Tai Mo Shan Faces $123 Million Settlement Over TerraUSD Manipulation

In a major development, Tai Mo Shan, a subsidiary of Jump Crypto, has agreed to pay a hefty $123 million to settle charges brought by the U.S. Securities and Exchange Commission (SEC) over its involvement in the manipulation of TerraUSD (UST), a stablecoin that collapsed in 2022. This settlement marks a significant moment in the ongoing regulatory scrutiny of the …

23 December

Bitcoin’s Struggles Continue: Market Expert Foresees More Pain After Recent Loss

Bitcoin, the world’s leading cryptocurrency, has recently experienced its biggest drop since August, raising concerns among investors. The price of Bitcoin has taken a sharp downturn, and market experts are warning that further losses could be on the horizon. Here’s what you need to know about the current market dynamics and the outlook for Bitcoin in the coming months. Bitcoin’s …

23 December

The Bitcoin Proxy That’s Dominating 2024: MicroStrategy’s 400% Stock Surge Explained

MicroStrategy, a leading business intelligence firm, has seen an astounding 400% surge in its stock price this year, a remarkable rise that has captured the attention of both investors and analysts alike. But what’s behind this meteoric rise? The answer lies in the company’s strategic embrace of Bitcoin as a key asset on its balance sheet. Here’s what you need …

22 December

Sol Strategies Boosts Validator Network with $6.5M Deal, $400M Staked for 9% APY

In a significant move to solidify its position in the blockchain ecosystem, Sol Strategies has announced a $6.5 million deal to acquire three additional validators for the Solana network. This strategic acquisition underscores the company’s commitment to enhancing the decentralization and security of the Solana blockchain while optimizing staking opportunities for investors. With $400 million worth of Solana already staked, …

22 December

Interpol Issues Red Notice for Hex Founder Amid Tax Fraud and Assault Scandal

In a dramatic turn of events, Interpol has issued a Red Notice for the founder of Hex, a controversial cryptocurrency project, citing charges of tax fraud and assault. The global alert puts the crypto founder on the radar of law enforcement agencies worldwide, marking a significant escalation in the legal challenges surrounding the Hex project. This development raises questions about …

22 December

Has Ethereum’s Price Crash Ended? Here’s What Comes Next

Ethereum has recently faced a significant price drop, leaving investors and traders questioning whether the crash is finally over or if further declines are in store. With crypto markets notoriously volatile, Ethereum’s struggles have sparked widespread debate about its short-term and long-term trajectory. As one of the largest cryptocurrencies by market capitalization, its movements often set the tone for the …