Crypto realized gains remained consistent throughout 2023, with only two consecutive months of loss in August and September. Crypto investors returned to gains in 2023, pocketing billions in profits during the year after a prolonged downturn, according to a new report from blockchain analytics firm Chainalysis. The new estimates indicate realized gains — profits from […]
Dogwifhat price headed to $10? Arthur Hayes thinks so
Hayes’ prediction comes the same day WIF hit a new all-time high above the $3 mark. Dogwifhat (WIF), a viral Solana-based memecoin, could potentially surge to the $10 mark, according to predictions from Arthur Hayes, former BitMEX CEO and Maelstrom chief investment officer. The price of Dogwifhat surged to an all-time high of $3 on […]
Bitcoin Mining Hits Record Difficulty as Countdown to 2024 Halving Begins
On Thursday, Bitcoin’s network difficulty escalated by 5.79% at block height 834,624, signaling the year’s fourth rising adjustment. The mining difficulty now stands at an unprecedented peak of 83.95 trillion, with the forthcoming adjustment anticipated around March 27, 2024. Bitcoin Difficulty Jumps 5.79% Mining Bitcoin has reached unprecedented levels of difficulty, peaking at 83.95 trillion […]
Zero Knowledge protocol Polyhedra Network valued at $1 billion despite recent token theft
Polyhedra Network, the zero-knowledge protocol zkBridge developer, became the latest crypto company to reach unicorn status after it raised $20 million in a funding round that valued it at $1 billion, according to a Mar. 14 statement shared with CryptoSlate. This development occurred less than a day after the project experienced a breach that allowed […]
Bakkt Faces NYSE Delisting Over Low Share Price
Bakkt Holdings, Inc. grapples with NYSE non-compliance notice due to sub-$1 share price, considers reverse stock split among measures to regain compliance. (Read More)
Stabilizing Forces: How Bitcoin ETF Inflows Counter Price Volatility
Eleven approved Bitcoin ETFs have painted the pioneering cryptocurrency with a fresh coat of legitimacy. By receiving an official blessing from the Securities and Exchange Commission (SEC), an institutional investing barrier has been lifted. With this barrier gone, financial advisors, mutual funds, pension funds, insurance companies and retail investors can now receive Bitcoin exposure without […]
Dogecoin (DOGE) and Shiba Inu (SHIB) Climb Higher in Crypto Market – But How Close Is the Peak?
Recently, meme tokens have seen an impressive jump of around 9.5%, nearly touching a market capitalization of $66 billion. Dogecoin (DOGE) and Shiba Inu (SHIB) stand out in this price rally, with Dogecoin, the progenitor of meme coins and currently the ninth-largest cryptocurrency, experiencing a more than 7% price surge following Elon Musk’s hint at […]
Etherland To Launch Tecra Space Funding Round
Auckland, New Zealand, March 14th, 2024, Chainwire Etherland will be launching a funding round on the blockchain investment platform Tecra Space on April 9. This campaign will support the continued development of Etherland’s technology, addressing practical challenges within the global real estate industry. The solutions focus on streamlining processes, improving security, and creating greater efficiency […]
Print money with BlockDAG’s ASIC miners; keynote address stuns crypto investors while Solana eyes $200 and Toncoin rages
Due to the volatility of the cryptocurrency market, which has primarily affected Solana crypto news and Toncoin (TON) price, investors’ attention has switched to the BlockDAG (BDAG), which is said to give gains of up to 5000X. This change highlights the need for stability and high-yield investment alternatives among the cryptocurrency community in the face […]
Indonesia’s OJK releases amended regulations for crypto
The financial services regulator of Indonesia, the Financial Services Authority (OJK), has released a fresh set of regulations for the crypto industry. This is pertaining to the execution of technological inventiveness within the financial arena and will come into effect from January 2025. This regulation is applicable to banks, insurance businesses, and various other financial […]