Ethereum continues to face significant selling pressure, predominantly on Binance, reflecting a persistent bearish sentiment in the market. This tumultuous trend has led to a notable decline in Ethereum’s value, with recent reports indicating an 18.61% drop over the past month. “The sustained selling pressure highlights a market both bearish and cautious,” noted an analyst … Read more
Binance-backed Bitcoin staking platform Solv Protocol has introduced the SolvBTC.BERA vault as it looks to unlock the yield-generation market on Berachain. Solv Protocol announced SolvBTC.BERA on Jan. 13, noting that the deposit vault integrates Bitcoin (BTC) holders into Berachain’s decentralized finance ecosystem. The protocol aims to provide fresh yield-generation opportunities for Bitcoin holders on Berachain, … Read more
PRESS RELEASE. Following the success of the first Launchpool, HTX announced the launch of its second Launchpool with airdrops going live at 09:00 (UTC) on January 8, 2025. This round provides users with a chance to earn airdrop rewards from four quality assets. By locking up $HTX or subscribing to the $HTX Flexible Earn product, … Read more
Bitcoin’s mining difficulty has edged up by 0.61%, rising from 109.78 trillion to 110.45 trillion. At the same time, the network’s hashrate remains relatively subdued, following a notable drop from its high of 824 exahash per second (EH/s) to the current 778 EH/s. Bitcoin’s Difficulty Increases, Hashrate Falters Since block height 878,976 was mined, the … Read more
Binance Exchange is on track to face a class action lawsuit as its attempt and that of its founder Changpeng ‘CZ’ Zhao to quash it failed at the U.S Supreme Court level. The Justices of the Supreme Court declined to hear the appeal, giving the investors room to prove their claims at lower courts. The … Read more
Bitcoin’s short-term demand could be muted by global economic risks and fiscal challenges.
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Strata will launch as an open platform that introduces easy and scalable self-custody while facilitating the use of bitcoin. New Funding to Accelerate Development of Bitcoin ZK Rollup Strata Alpen Labs, a bitcoin infrastructure company announced that it has completed an $8.5 million strategic financing led by the Cyber Fund and DBA. The biggest investors … Read more
Mark Zuckerberg’s company is forcibly removing any links to competing platforms mere days after declaring, “More Speech and Fewer Mistakes” across its platforms.
Meta’s AI influencers on Facebook and Instagram risk restructuring the creator economy. Some analysts even believe the product poses a larger threat than the TikTok ban. According to Kyla Scanlon, Bloomberg’s opinion contributor, Meta AI’s generated content will flourish but might come at the cost of human livelihoods. Meta introduces AI influencers, which could push … Read more