Tether Treasury Mints Another 2 Billion USDT on Ethereum Network
TL;DR Tether’s Treasury minted an additional 2 billion USDT on the Ethereum network to replenish inventory and boost liquidity, confirmed by CEO Paolo Ardoino. The...
Market
Cardano Surpasses Tron and Returns to the 9th Spot in Cryptocurrencies
TL;DR Cardano reclaims the ninth spot in the cryptocurrency rankings, surpassing TRON (tenth) and Toncoin (eleventh), with a valuation of $15.56 billion. ADA’s rebound, which...
Ethereum Foundation’s $500M Investment Fuels Ecosystem Growth
TL;DR The Ethereum Foundation’s 2024 financial report reveals nearly $500 million was deployed to support ecosystem projects between 2022 and 2023, highlighting its commitment to...
Mt. Gox Moves $2.2 Billion in Bitcoin, Sparking Speculation
TL;DR Mt. Gox has transferred 32,371 Bitcoin, valued at approximately $2.19 billion, to unmarked wallet addresses, sparking speculation about the intentions behind the move. The...
Vantard Shines Amid Crypto Market Downturn and Election Uncertainty
TL;DR The crypto fear and greed index has recently dived 56, with Bitcoin dropping to $68,000 and Ethereum falling to $2,400, influenced by the upcoming...
Kraken Cuts 15% of Workforce and Appoints New Co-CEO Amid Restructuring
TL;DR Kraken announces a significant restructuring plan, laying off 15% of its workforce, affecting approximately 400 employees, to streamline operations and become more agile in...
Cardano (ADA) Price Prediction: Analysts Forecast Potential Surge to $6
TL;DR Analysts predict Cardano (ADA) could hit $6, driven by positive ecosystem developments and strategic partnerships. Despite recent market challenges, Cardano’s innovative technology and alliances...
Bitcoin Surpasses $69,000 After Volatility and Rumors of Investigation into Tether
TL;DR Bitcoin (BTC) surpassed $69,000 after a week of price volatility, driven by rumors of an investigation into Tether and geopolitical tensions due to an...
MicroStrategy Outshines Tech Giants, Boosted by Bitcoin Holdings
TL;DR MicroStrategy’s stock hits a 25-year high, driven by its substantial Bitcoin holdings, marking a 244% year-to-date gain. The company’s strategic shift to Bitcoin as...
Solo Bitcoin Miner Wins $222,000 Jackpot
TL;DR A solo Bitcoin miner secured a block reward worth over $222,000, highlighting the unpredictable nature of Bitcoin mining. The miner processed block number 867,118...