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In a recent report, Riot Platforms, a key player in Bitcoin mining, has identified several challenges that could impact the financial stability of its operations. Notably, among them are the scarcity of specialized chips, the need to expand hash rate capacity, and the increasing environmental standards in the U.S., all outlined as potential risks. In
Ethereum (ETH) has surged past the notable $3000 mark, marking its highest point in almost two years. This rise in price comes amidst a general correction in the cryptocurrency market, with Ethereum outperforming Bitcoin in the past 24 hours. While Bitcoin usually led the market in 2023, this year has seen Ethereum taking the lead,
Japan’s blockchain gaming community has expressed concerns about the lack of liquidity in the country’s crypto asset market, seeking assistance from the Liberal Democratic Party (LDP). Ryo Matsubara, director of Oasys, a GameFi blockchain, represented Japanese blockchain gaming projects during discussions at the LDP’s digital society promotion headquarters on February 21. While Matsubara acknowledged the
The cryptocurrency market has been going up a lot in the last few weeks, confirming predictions of a big bull market in 2024. As we enter the bull season, the popular crypto analyst channel Altcoin Daily has chosen their favorite altcoins to buy. Solana (SOL) and Cardano (ADA) are two altcoins that Altcoin Daily thinks
Bitcoin reached $51,440 on February 15, hitting a two-year high and pushing its market cap over $1 trillion. Despite signs of an overbought market, positive momentum continues, with daily trading volumes surpassing $40 billion. Short-term support is around $48,500, and some Bitcoin enthusiasts believe the next big milestone could be $60,000 if the upward trend
According to South Korea’s Financial Intelligence Unit (FIU), local virtual asset exchanges reported a 49% increase in suspicious transactions to the FIU in 2023 compared to 2022. On February 14, the FIU released its 2024 Work Plan summary, sharing key data and strategic initiatives for overseeing the crypto market. The FIU actively encourages crypto exchanges
$LINK continues to rise thereby attracting significant investment from large-scale players. Recent developments indicate positive sentiment, and investors are expressing confidence in its future. $LINK has seen a remarkable 40% increase in the past month, mirroring the success of the rapidly growing $GFOX. Galaxy Fox ($GFOX) is on the verge of its public release, and
It’s an excitement as Republic, a global technology company reshaping how finance and investments, and Creta, a super cool gaming platform, are teaming up for an awesome partnership. Republic is like a superhero in the world of digital money. They’ve poured over $2.6 billion into thousands of private ventures, creating a massive community of over
Many folks regret not getting into Bitcoin earlier, and now the spotlight is shifting towards altcoins like DeeStream (DST), closely watched by Chainlink (LINK) and Solana (SOL) enthusiasts. Chainlink has experienced a 3% increase in the last day, but the trading volume is dropping, suggesting a change in market dynamics—potentially hinting at sellers in the
Solana DEX aggregator Jupiter had an amazing day, handling a whopping $1.38 billion in trades over the last 24 hours. That’s more than double what Jupiter usually handles, making it the most popular DEX platform recently. The excitement started with Jupiter’s token launch and airdrop yesterday, causing a surge in activity on the Solana network.
