Source: Midjourney Renowned crypto influencer BitBoy, real name Ben Armstrong, has announced the end of his daily crypto show on January 31. Cash Crunch and Legal Battles Prompt Closure In a surprising turn of events, BitBoy bid farewell to his three-year daily crypto show. Revealed on his YouTube channel, BitBoy attributed the decision to financial […]
Tether Achieves Record $6.2 Billion Annual Profit, Nears $100 Billion In Assets
In 2023, Tether saw its assets approach the $100 billion mark, following a $6.2 billion profit according to the company’s Q4 attestation report released on January 31. The financial surge, detailed in Tether’s latest financial statements, reflects a strategic allocation of assets. Tether’s Financial Milestones Roughly $4 billion of those profits were “generated by US […]
Altcoins Trading Under the Extreme Consolidation Zone: Will They Trigger a Breakout This Month?
The post Altcoins Trading Under the Extreme Consolidation Zone: Will They Trigger a Breakout This Month? appeared first on Coinpedia Fintech News The crypto markets have been on a rollercoaster ride ever since the bearish trend was reversed in the first few days of 2023. With this, many tokens soared to significant numbers, while some […]
Mutant Ape Game ‘Serum City’ Launches—How to Claim an Ethereum NFT Pass
Serum City, a city-building game that utilizes NFT assets from Yuga Labs’ Mutant Ape Yacht Club and other collections, is now available to play. However, you’ll need an access pass, and only certain NFT project holders can claim one for now. Novel Labs and Faraway have launched the game, which was first revealed last April, […]
Polygon Labs Cuts 60 Staff in Ethereum Scaler’s Latest Shakeup
Polygon Labs, the company behind Ethereum scaling network Polygon, laid off over 19% of its staff Thursday in the latest shakeup for one of crypto’s most popular blockchains. Some 60 Polygon Labs team members were informed on Thursday morning that their positions had been terminated, according to the company. A Polygon Labs spokesperson confirmed with […]
El Salvador Will Race Ahead With Bitcoin Plans If Bukele Wins Reelection
El Salvador isn’t slowing down its Bitcoin ambitions. Not if President Nayib Bukele wins on Sunday, anyway. Felix Ulloa, the country’s vice president, said in an interview this week that the largest cryptocurrency by market cap would remain legal tender in the Central American nation if Bukele remains in the role for another term. Speaking […]
Solana Whales Move $82 Million Worth Of SOL, Will Price Crash Below $90?
Two high-volume transactions involving Solana (SOL) have caught the attention of the crypto community considering the impact they could have on the crypto token’s price. Moreover, these transactions have come at a time when SOL risks dropping below the psychological price level of $90. Solana Whales Move $82 Million Worth Of SOL Data from the […]
‘Overwatch’ Esports League Bans Crypto, NFT, and AI Sponsors
Activision Blizzard’s high-profile Overwatch League franchise competition collapsed late last year after pandemic-related setbacks and teams’ economic struggles cut short its ambitions. Now, a new Overwatch competitive league is spinning up around popular hero shooter Overwatch 2—but it’s taking an anti-crypto stance. The Overwatch Champions Series, a more open competitive format overseen by prominent esports […]
Bitcoin Set For ‘Dullest Rally’ With A Twist, Whale Forecasts
Bitcoin has been unable to retain its bullish momentum and seems likely to extend its current downside trend. However, the long run remains positive, and the next months could see BTC reach its all-time high, but in a different fashion than in previous rallies, according to a large investor. As of this writing, Bitcoin trades […]
Bitcoin Billionaire Arthur Hayes: It’s Time to ‘Get Back on the Solana Train’
After the catastrophic collapse of FTX and the courtroom and bankruptcy wrangling that followed, some declared that Solana (SOL)—a favorite digital asset of convicted founder Sam-Bankman Fried—was doomed or even dead. But Arthur Hayes, the former CEO of BitMEX, has recently turned the spotlight on the blockchain, suggesting that it has a promising trajectory amid […]