This milestone reflects significant contributions from U.S.-based mining pools, Foundry USA and MARA Pool, which collectively mined over 38.5% of Bitcoin blocks during the year. Foundry USA: A Leader in Hashrate Expansion Foundry USA, already the world’s largest Bitcoin mining pool by hashrate, more than doubled its computing power, starting the year at 157 EH/s … Read more
Pudgy Penguins’ NFT sales have plummeted 52% in the past week,
The cryptocurrency market is showing resilient movements, particularly with Shiba Inu (SHIB) as sellers make their presence felt on the final day of trading this week. Despite a slight downturn, analysts suggest this could be a crucial moment for SHIB as it tests key support levels. As CoinStats reports, the currency’s recent performance underscores a … Read more
Coinbase acquires BUX Cyprus subsidiary, gaining a CFDs license to expand services across the European Economic Area (EEA). In a major development, Coinbase, the prominent US-listed cryptocurrency exchange, has acquired the Cyprus subsidiary of BUX, formerly known as Stryk. Coinbase Financial Services Europe is the new name for this subsidiary. The deal helps Coinbase expand … Read more
Coinbase has disclosed alarming revelations from the FDIC, prompting widespread criticism about potential regulatory overreach affecting the crypto sector. These developments have led industry leaders to argue that such actions could stifle innovation and competition within the cryptocurrency market. “The pushback against these regulations signals a critical moment for the future of digital currencies in … Read more
In a recent statement on X, Marc Zeller, the founder of Aave Contribution and the Aave Chan Initiative, highlighted critical challenges facing the Ethereum Foundation. Zeller proposed significant measures to enhance operational efficacy and sustain the foundation’s viability within the blockchain space. Among his recommendations are the reinstatement of key leadership roles and the proposed … Read more
The cryptocurrency market presents a variety of signals. Solana (SOL) price remains steady amid market fluctuations, with experts analyzing its support and resistance levels for potential recovery signs. Discussions around the Ethereum price forecast focus on potential stability and a bullish turn in the near future, driven by oversold conditions and key technical indicators. As … Read more
Dogecoin’s (DOGE) four-year cycle suggests a significant potential bull run in 2025, aligning with historical market patterns. Technical analysis highlights Dogecoin’s possible breakout in 2025, driven by its cyclical trends and consolidation phases. Chriss Pax, a well-known crypto analyst and content creator who runs the YouTube channel “KrissPax,” has expressed his confidence in Dogecoin’s potential … Read more
IOTA is ready to launch an enhanced mainnet protocol with EVM and MoveVM integrations. The IOTA Rebased protocol will boost the adoption and functionalities of RWAs and tokenizations. With the IOTA Rebased protocol, the network is reportedly set for its mainnet re-launch in early 2025. On social media platform X, Michael Atlan highlighted that the … Read more
Legislators in Chile are preparing to support the creation of a bitcoin bench in Congress to lead the regulatory charge in the Latin American nation. The goal is to introduce a strategic bitcoin reserve proposal later this year. Chile to Consider Strategic Bitcoin Reserve Proposal This Year Chile, a country not particularly known for its … Read more