Miners invest nearly $3.3 million in Bitcoin for the first time in 14 years

Bitcoin Miners

Miners first transferred Bitcoins received as rewards for mined blocks on April 23, 2010. In a shocking turn of events, the latest data from Lookonchain has revealed that a mysterious whale has made a jaw-dropping transaction of 50 Bitcoins (BTC) worth a whopping $3.3 million. But that’s not all – the plot thickens as 17 … Read more

Bitcoin dominance returns to 2021 high as ETFs boost

Bitcoin ETFs boost

Bitcoin reigns supreme in the world of cryptocurrencies, soaring to a three-year high fueled by a surge of interest in U.S. ETFs. According to CoinMarketCap, they make up a staggering 55% of the $2.4 trillion market. This is a level we haven’t seen since April 2021. And leading the pack is the king of all … Read more

DeFi platform experiences $2 million hack on Base Network

DeFi platform experiences 2 million hack on Base Network

The highly anticipated RWA tokenization platform, Grand Base, was recently rocked by a shocking security breach on the cutting-edge layer 2 Base network. This unexpected turn of events has left the entire community on edge as they wait for updates on the situation. Cybersecurity experts at Cyvers have uncovered a major breach at Grand Base, … Read more

Bitcoin (BTC) Bears Feel the Heat, but Bullish Recovery Charts Emerge

Bitcoin (BTC)

Political turmoil in the Middle East ignited a firestorm in the crypto world this weekend, causing a sharp decline in the market. Bitcoin, the flagship cryptocurrency, took a hit and fell below the $60,000 mark. But just as the dust began to settle, Monday brought a glimmer of hope for $BTC as almost half of … Read more

Bitcoin Halving Shatters Every Prediction

Bitcoin Halving Prediction

As the highly anticipated halving event drew near, Bitcoin (BTC) enthusiasts held their breath, waiting for the price to soar. Yet, to their surprise, the market took an unexpected turn. Despite the hype, Bitcoin is now valued at $66,226 (BTC/USD), leaving many scratching their heads. As the highly anticipated halving event draws near, Bitcoin’s value … Read more

Bitcoin’s $12.2K Drop: Where Are the Signs of a Recovery?

Bitcoin's $12.2K Drop

Bitcoin [BTC] takes a wild ride as it plunges 16.67% in just five days, dropping from its peak of $72.8k to a low of $60.6k this past Saturday. While technical analysis shows a bullish outlook in the long term, the market remains on edge as $314 million worth of assets were liquidated in the last … Read more

Tether’s $500 Million Bitcoin Mining Project Hits Final Phase Before Halving

Tether's 500 Million Bitcoin Mining project

Tether, the leading stablecoin, is on the brink of completing a groundbreaking $500 million Bitcoin mining venture. In a thrilling interview with DL News, CEO Paolo Ardoino spilled the beans on the company’s ambitious plan. Brace yourself, because this project involves not just one, but three countries – Uruguay, Paraguay, and El Salvador. The funds … Read more

Bitcoin Drops 8%, Drops Below $62K Before Rebounding

Bitcoin Drop

Saturday proved to be a tumultuous day for the world of cryptocurrency, as Bitcoin (BTC) and its counterparts took a sharp nosedive of nearly 10%. The value of the leading digital asset plummeted below $62,000, sending shockwaves through the market. However, just as quickly as it fell, BTC managed to regain its footing and climb … Read more

Crypto Weekly Roundup: SEC Pursues Uniswap, Solana Glitch & more

Crypto Weekly Roundup

Cryptocurrency Industry Faces Roadblocks as SEC Targets Uniswap and Delays Crypto Options Trading on NYSE Bitcoin In a surprising turn of events, the SEC has put a hold on the New York Stock Exchange’s plans to introduce options for trading on spot Bitcoin ETFs. Meanwhile, Ripple’s CEO Brad Garlinghouse has set the crypto world abuzz … Read more

EUR/USD decline intensifies as FED and ECB rate cut outlook diverge

EURUSD chart

The battle of the currencies was in full force this week as the EUR took a hit, dropping over 2 cents against the USD. The FED and ECB’s interest rate plans have caused a rift, with predictions of more rate cuts from the ECB than the FED by 2024. The EUR/USD duo started the week … Read more