In 2022, the Terra blockchain and UST stablecoin imploded, leaving a trail of devastation that only worsened when FTX collapsed later that year. The crypto asset solana (SOL) took a …
Bitcoin News
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Bitcoin News
Crypto Market Cap Surpassed Global Inflation-Linked Bond Market in Q4: Grayscale Report
by skolnesThe Q4 2024 crypto valuation surge saw the digital asset market cap surpass that of the global inflation-linked bond market. Crypto Market Cap Dwarfs U.S. High-Yield Bond Market The crypto …
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Bitcoin News
100,000 Signatures Away: How the ‘Bitcoin Initiative’ Could Redefine Swiss Banking
by skolnesReports reveal that the Swiss Federal Chancellery has officially added the “Bitcoin Initiative” to its registry, aiming to integrate bitcoin into the Swiss National Bank’s reserves via a constitutional amendment. …
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The digital asset XRP wrapped up 2024 on a high note, climbing above $2 for the first time in years after spending much of the year under $0.72 per coin. …
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Bitcoin News
Viral DAO-Powered Meme Coin Flockerz Passes $8M Milestone With Just 22 Days Left in Presale
by skolnesThe meme coin craze is still going strong – and Flockerz (FLOCK) is the latest to grab traders’ attention. This new DAO-powered project has raised over $8 million in presale. …
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Bitcoin miners saw substantial shifts in their revenue during 2024, a pivotal year marked by the network’s fourth halving event. As bitcoin’s block reward dropped from 6.25 BTC to 3.125 …
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Bitcoin News
Solana’s Meme Coin Contender Lightchain AI Breaks 7.5M Sold in Presale in 30 Days
by skolnesPRESS RELEASE. AI-powered blockchain is no longer just a buzzword—it’s the future. And Lightchain AI, Solana’s newest meme coin contender, is proving just how big that future is. With an …
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Bitcoin News
Euro Usage Tanks, Leading Decline Among Currencies on SWIFT Over the Last 10 Years
by skolnesAccording to data released by SWIFT, the use of the euro as a settlement currency for international payments has fallen significantly. Its utilization share has decreased by 6.83% compared to …
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Bitcoin News
Expert Insight: Cryptocurrency Mining Accounts for Nearly 1% of Russia’s Energy Resources
by skolnesAlexey Zhikharev, director of the Renewable Energy Development Association (REDA), revealed that cryptocurrency mining accounts for almost 1% of Russia’s energy consumption. He stated that as the industry grows, miners …
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Tether Bitcoin reserves surge after a $705 million deposit. It expands investments into new sectors like agriculture and renewable energy. Tether has recently received a large Bitcoin deposit of 7,629 …