Recent developments have brought to light the concerning issue of government agencies beginning to collect data on Bitcoin mining firms. House Majority Whip Tom Emmer was quick to address this issue, warning that the Office of Management and Budget (OMB) had approved a request from the Energy Information Administration (EIA) to impose a new and
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In the fast-paced world of cryptocurrency trading, AI-themed meme coins have been gaining significant attention. With the recent blockbuster earnings of Nvidia, coins like Worldcoin (WLD), SingularityNET (AGIX), and Render (RNDR) have seen impressive pumps of 25-40% in just 24 hours. DEXTools, a popular platform for tracking on-chain shitcoin and meme coin movements, has highlighted
The current market of Bitcoin is a constant source of fascination for enthusiasts, as the price hovers around the $52,000 mark. However, beneath the surface, there is a shifting landscape in terms of liquidity that is worth exploring. By delving into the intricate details of buy and sell orders within a critical 2% market depth,
Binance, known as the world’s leading cryptocurrency exchange, has recently made significant additions to its margin trading options. These additions include new pairs and borrowable assets. However, the impact of these changes on the prices of the affected tokens seems to be minimal. Binance has introduced several new cross-margin pairs, such as ADA/USDC, AVAX/USDC, MATIC/USDC,
Michael Saylor, the co-founder and executive chairman of MicroStrategy, recently declared that he and his company would continue to purchase Bitcoin indefinitely. In a recent Bloomberg interview, Saylor emphasized his unwavering commitment to holding onto his and his firm’s BTC holdings, even as they have seen an unrealized profit of approximately $4 billion. According to
Recent on-chain data from Spot On Chain has revealed the intriguing activities of an Ethereum whale, causing a stir within the ETH community. The whale address in question has been involved in substantial accumulation, with a total purchase of 64,501 ETH over the past three days. This amounts to approximately $187 million at current market
Recently, on February 21, Greg Solano, the co-founder of Yuga Labs, made a significant announcement regarding his return to the position of chief executive officer. This decision was made following the departure of former CEO Daniel Alegre, leaving Solano to once again take on the leadership of the company known for its creation of the
Cryptocurrency enthusiasts and investors are always on the lookout for new trends and opportunities in the digital asset space. One such trend that has been gaining popularity is the concept of airdrops. Airdrops involve the free distribution of tokens or coins by blockchain projects to attract attention and promote their platforms. These distributions can take
The cryptocurrency market has been experiencing heightened volatility following Bitcoin’s surge to $53,000. While the initial spike was met with enthusiasm, the subsequent price declines have raised concerns among investors and analysts alike. This rollercoaster ride in the value of Bitcoin has left many wondering about the future trajectory of the leading cryptocurrency. Prominent crypto
One crypto investor, Fred Krueger, has boldly stated that he believes Ethereum is currently overvalued at its current spot rates. This sentiment comes amidst Ethereum’s native currency, ETH, breaking above the $3,000 mark. Krueger has criticized Ethereum supporters, claiming that they are “detached from reality.” He points to a number of factors to support his