In just three years, Australian self-managed super funds saw the value of their respective crypto asset holdings rise from just over $159 million to over $650 million. According to an executive with a local crypto exchange, many Australians are seeking to “allocate at least a percentage of their retirement funds to cryptocurrencies.” Crypto Assets Held […]
Optimism offloads $90M worth of tokens in private deal
Optimism also sold 116 million OP tokens in another private sale held back in September 2023. Optimism Foundation — the organization behind the Ethereum layer-2 blockchain Optimism — announced it had conducted a private sale of about 19.5 million of its governance tokens. Optimism (OP) tokens are worth about $4.62 on the market, making the […]
India earmarks $1.25B to boost growth of AI
Through the IndiaAI Mission, India aims to democratize access to computing power and support nationwide AI development. India’s supreme decision-making body, the Union Cabinet, has approved the “IndiaAI Mission” with an initial budget of 10,300 crore rupees ($1.24 billion). The drive aims to support artificial intelligence (AI) startups and innovations over the next five years. […]
Bitcoin’s hash rate hits record high after difficulty drop
Quick Take Bitcoin’s hash rate, an indicator of the computational power used for mining and processing transactions, has recently achieved a historic high. The 14-day moving average hash rate now stands at an unparalleled 586 eh/s, further enhancing the digital assets security. While the one-day hash rate peak of 711 eh/s on March 7 stands […]
Optimism Foundation sells $90M in tokens amid market rally and token unlock anticipation
The Optimism Foundation said it entered into a private token sale of approximately 19.5M OP tokens, worth roughly $90 million, to an unnamed buyer, according to a Mar. 8 statement. According to the Foundation: “The tokens come from the Unallocated portion of the OP Token treasury, and are part of the Foundation’s original working budget […]
Ripple vs SEC Update: A New Chapter in the XRP Security Saga?
The post Ripple vs SEC Update: A New Chapter in the XRP Security Saga? appeared first on Coinpedia Fintech News In a recent X post, a pseudonymous crypto researcher known as Dark Horse ignited a debate regarding the legal standing of XRP. He argues that Judge Torres has not categorically labeled XRP as a security […]
Sponge Meme Coin Hits New Price Milestone After 50% Pump
The post Sponge Meme Coin Hits New Price Milestone After 50% Pump appeared first on Coinpedia Fintech News Through a monumental display of community support, Sponge has soared over 50% in a day, absorbing a $100 million market cap and levitating into meme coin stardom. However, with the five leading meme coins boasting over $1 […]
dogwifhat (WIF) Price Hits A New All-time High! What’s Next For WIF?
The post dogwifhat (WIF) Price Hits A New All-time High! What’s Next For WIF? appeared first on Coinpedia Fintech News The newest memecoin of the Solana ecosystem continues to display a sensational price pump by adding significant value to its portfolio over the past few weeks. With the present market sentiments, investors consider it the […]
Forget the Rest, Invest in the Best: Bitgert’s Unstoppable Momentum Makes It the Top Altcoin This Week!
The post Forget the Rest, Invest in the Best: Bitgert’s Unstoppable Momentum Makes It the Top Altcoin This Week! appeared first on Coinpedia Fintech News Bitgert’s early backers are joining the millionaire club, looking to be one of them? Bitgert is a DeFi-focused blockchain launched in 2021. In less than two years, Bitgert has verified […]
Mind-Blowing: The Phenomenal 500,000% Surge of BEFE Coin – What You Need to Know!
The post Mind-Blowing: The Phenomenal 500,000% Surge of BEFE Coin – What You Need to Know! appeared first on Coinpedia Fintech News Stop what you’re doing and pay attention! The BEFE coin has just pulled off one of the most mind-blowing rallies the crypto world has ever witnessed – soaring over 500,000% in just a […]