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Core Scientific Gains Court Approval for Reorganization Plan, Set to Exit Bankruptcy
January 17, 2024
Bitcoin mining firm Core Scientific announced that it has been granted court approval to push forward with its reorganization plan. The company expects to emerge from Chapter 11 bankruptcy proceedings …
Read moreAdvanced Concept: Understanding the Dynamics of Crypto-Enabled Smartphones
January 17, 2024
Crypto-enabled smartphones are paving the way for a seamless integration of blockchain technology into our everyday lives, setting a trend for the future tech ecosystem. One such exciting development to …
Read moreGrayscale Transfers Massive Bitcoin Amounts to Coinbase Possibly Intending Redemption
January 16, 2024
Overview Grayscale, the world's leading digital currency asset manager, has been observed transferring large amounts of Bitcoin to Coinbase, possibly suggesting a redemption play. Notably, a whopping $387 million, equivalent …
Read moreTether Challenges UN on Claims of Involvement in Illicit Activities
January 16, 2024
The largest stablecoin issuer, Tether, has disputed claims made by the United Nations (UN) stating its tokens are being used for illegal activities. This comes in response to a UN …
Read moreCrypto-Friendly US Presidential Contender, Vivek Ramaswamy, Halts Campaign
January 16, 2024
Earlier this week, Vivek Ramaswamy, a pro-crypto US presidential candidate, announced the suspension of his campaign. This announcement was made known through a post on a social media platform where …
Read moreHashKey Group Achieves Unicorn Status with Enormous $100 Million Funding
January 16, 2024
HashKey Group, a prominent player in the crypto industry recently attained 'unicorn' status with a significant $100 million fundraising activity. This event pushed the valuation of the group past the …
Read moreTUSD Coin Struggles as Tether Reigns Supreme
January 16, 2024
Recent events have undermined the stability of the trueUSD (TUSD) stablecoin, making the token's future uncertain. Conversely, the USDT stablecoin issued by Tether has experienced substantial growth, with its market …
Read moreGameStop NFT Marketplace's Journey and Solana Mobile's Latest Crypto Smartphone
January 16, 2024
GameStop’s journey into the blockchain space featured a dramatic rise and fall. Originally, the gaming retailer aimed to disrupt the NFT market, but unexpectedly, these plans didn’t get to see …
Read moreLearn Concept: Understanding the Impact of Large Liquidations on Cryptocurrencies
January 16, 2024
The price of leading cryptocurrency, Bitcoin, recently dipped below the $42,000 mark, leading to significant liquidation of long positions across several large exchanges. This occurrence was triggered by increased sell …
Read moreFTX Token Value Rebounds; Bitcoin Traders Eye $40K Support Amid ETF Approvals
January 15, 2024
FTX’s native token FTT's market capitalization crossed the $1 billion mark once again, showcasing an uptick post its abrupt collapse in 2021. The renewed interest in the token, up by …
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