2022 is expected to bring an exciting kickoff for the cryptocurrency market, as several significant occurrences are on the horizon that could influence investor sentiment and trading activity. These events range from economic policies by the Federal Reserve to protocol modifications and court cases. Here’s a look at the crucial updates that investors should keep … Read more
In simple terms, Gemini Trust Company – a cryptocurrency exchange based in New York and established by the Winklevoss brothers in 2014 – has decided to pay a fine of $5 million to the U.S Commodity Futures Trading Commission (CFTC) to settle an ongoing legal dispute. This settlement was made during a joint court hearing … Read more
Tether, the world’s largest stablecoin (USDT), disclosed a substantial chain swap on January 6 in collaboration with a prominent cryptocurrency exchange. This operation transfers approximately $1 billion worth of USDT from various blockchains to the Tron network, maintaining the total supply of USDT unaffected. According to information shared on Tether’s main account, there are plans … Read more
CleanSpark Inc. shared a report detailing its Bitcoin mining operations for December 2024. During this month alone, the company successfully mined 668 Bitcoins and a total of 7,024 Bitcoins throughout the entire year. As of December 31, 2024, their Bitcoin reserves amounted to 9,952 units. In 2024, Zach Bradford, as both CEO and President of … Read more
On Monday, the foremost tech-driven thermal management firm, KURL, expanded its Bitcoin portfolio by acquiring an additional 213.4 Bitcoins, valued at approximately $21 million. KULR Commits to Bitcoin Treasury Strategy Previously, it was announced that KULR intended to acquire additional Bitcoins in the forthcoming period, following its successful initial purchase of a Bitcoin hoard worth … Read more
At present, Solana’s trading value surpasses significant support points, demonstrating its ability to bounce back following several weeks of market turbulence. Nevertheless, it hasn’t yet provided evidence of breaking free from the daily downward trend that initiated in late November. With SOL maintaining a position close to crucial technical thresholds, financial analysts and investors are … Read more
According to an analyst’s post on the CryptoQuant blockchain analysis platform, the crypto market cycle seems to be wrapping up. The digital assets market experienced a significant surge during the last quarter of 2024, even though it showed signs of bearishness in late December. However, the upward trend has resumed with Bitcoin reaching its price … Read more
On January 22, 2025, Calamos Investments plans to debut a Bitcoin ETF called CBOJ, which offers full protection from downside risks. This fund will be available for trading on the Chicago Board Options Exchange. Its purpose is to make Bitcoin investment less risky and more attractive to conservative investors by reducing volatility. Bitcoin, famous for … Read more
In December 2024, due to several Bitcoin crashes, Dogecoin‘s price found itself within a Gaussian Channel after a significant drop. Contrary to the bearish forces that initiated this entry, the fact that Dogecoin entered the Gaussian Channel was actually a positive sign, indicating a quick recovery from any subsequent dips. This is because the Gaussian … Read more
Injective, a blockchain supported by venture capital, is taking its development to the next level with the release of its INJ 3.0 update, which has been approved by the community. The objective of this upgrade is to restructure its economic system (tokenomics) and enhance its ability to combat inflation. This significant shift in dynamics has … Read more