On July 5, the spot Bitcoin ETF market saw a notable resurgence, with a net inflow of $143.1 million. This brought the cumulative net inflow to $14.76 billion and $2.81 billion in total value traded, marking the highest inflow for the month after two days of continuous outflows. Impact of Bitcoin Price Drop The drop …
In a bold move that has caught the attention of the cryptocurrency world, Justin Sun, the founder of Tron, has made an offer to purchase all of Germany’s Bitcoin holdings. His aim is to minimize the impact on the market, a concern that has been growing among investors and traders. Justin Sun’s exact words were, …
Bitcoin’s recent market fluctuations have caught the attention of savvy investors. Notably, Bitcoin whales—individuals or entities holding large quantities of Bitcoin—are seizing this opportunity to buy the dips. Market Trends and Whale Activity As Bitcoin’s price hovers around $60,000, Bitcoin whales are strategically increasing their holdings. Despite a noticeable price drop, July 1st saw a …
Polkadot, a major player in the blockchain world, has recently come under scrutiny for its significant marketing expenditure. The company reportedly allocated a staggering $37 million to marketing efforts in the first half of 2024. This article delves into the details of Polkadot’s marketing strategy, the community’s reaction, and the potential implications for the future. …
Polkadot Spends $37 Million on Marketing: An Analysis Read More »
The recent case of Banmeet Singh, a dark web vendor sentenced to five years in jail for selling drugs online and laundering millions of dollars, has once again brought to light the intersection of cryptocurrency and crime. Singh’s organization laundered approximately $150 million worth of drug proceeds into crypto accounts. This case, alongside the US …
Crypto and Crime : The Intersection of Opportunity and Misuse Read More »
Decentralized Physical Infrastructure Network (DePIN) projects have emerged as a significant innovation within the crypto ecosystem. These projects integrate blockchain technology with real-world applications. They create decentralized marketplaces and systems for computing power, energy management, telecommunications, and mapping. DePIN projects leverage incentivization systems powered by cryptocurrency. This promotes decentralized alternatives to traditional infrastructure services. The …
JasmyCoin ($JASMY) has recently defied the broader crypto market trends, showcasing a remarkable price surge. As many top altcoins mirrored Bitcoin’s consolidation, JASMY price surged by 12% on June 23, standing out as the top-performing token among the top 100 by market cap. Recent Performance Despite these fluctuations, JASMY managed to rebound, gaining momentum over …
The investment landscape is witnessing a significant shift with the introduction of the Solana ETF. 3iQ Corp, one of Canada’s leading investment fund managers, has filed to launch the first Solana Exchange Traded Fund (ETF) in Canada, and consequently, in North America. This groundbreaking move places Solana alongside other major digital assets available through traditional …
In a remarkable turn of events, NVIDIA’s market capitalization has soared past tech giants Microsoft and Apple, reaching an impressive $3.33 trillion. This surge is largely attributed to the burgeoning demand for artificial intelligence (AI) products, which have become a cornerstone in various industries since 2023. The success of NVIDIA’s data center category, witnessing a …
NVIDIA Hits New Highs: Blockchain Based AI Projects Read More »
As summer approaches in North America, a potential decline in Bitcoin hashrate is anticipated. The intense heatwaves characteristic of this season may force Bitcoin miners to scale back their operations. This situation provides an interesting dynamic in the already volatile world of Bitcoin mining. The Impact of Summer Heatwaves Post-Halving Profit Squeeze The recent halving …
