We deliver up-to-date, breaking crypto news about the latest Bitcoin, Ethereum, Blockchain, Airdrops,NFTs, and Altcoin trends and happenings.
On March 15, Applied Digital disclosed the completion of the sale of its 200-megawatt (MW) Bitcoin mining facility to Marathon Digital Holdings for $87.3 million. The Nasdaq-listed mining company revealed that the mining plant, situated in Garden City, Texas, is part of the agreement, which is anticipated to be finalized by the second quarter of…
in brief NFT artist Kero makes a shift into the memecoin market, initiating a presale for the Solana-based memecoin, SNAP, which is inspired by their meme character Coco the crocodile. The presale of SNAP achieves remarkable success, accumulating over $10 million in a single day, with significant support coming from a diverse range of small…
In the realm of meme coins, a dispute has arisen, drawing battle lines between the Solana community and the proprietors of the real-life Shiba Inu, which inspired the explosive Dogwifhat (WIF) meme coin. At the heart of the controversy lies the auction of an Ethereum NFT showcasing the iconic photograph of Achi, the dog who…
In recent days, the crypto community has been captivated by a Bitcoin (BTC) whale dubbed “Mr. 100.” This mysterious figure has accumulated an impressive 52,996 Bitcoin, valued at over $3.5 billion, ranking them as the 14th-largest holder of the cryptocurrency. On March 15, Mr. 100 made a significant move by acquiring at least 1,000 Bitcoin….
MicroStrategy Inc. (NASDAQ: MSTR) has recently intensified its pursuit of Bitcoin (BTC) acquisitions, aiming to mirror the substantial holdings maintained by prominent BTC exchange-traded fund (ETF) issuers, notably including BlackRock’s iShares Bitcoin ETF (IBIT) and Fidelity’s Wise Origin Bitcoin Fund (FBTC). This strategic move underscores MicroStrategy’s ongoing commitment to bolstering its cryptocurrency reserves and positioning…
The current landscape of Bitcoin’s futures market is marked by intriguing developments that have historically signaled an upsurge in bullish sentiment among market participants. Analysts are now directing their focus towards a pivotal metric known as the Bitcoin futures basis. This metric essentially encapsulates the disparity between the futures price of Bitcoin and its prevailing…
In a letter dated March 11 addressed to United States Securities and Exchange Commission (SEC) Chair Gary Gensler, Democratic Senators Laphonza Butler (D-CA) and Jack Reed (D-RI) are urging for stringent restrictions on the approval of cryptocurrency-based ETFs. Cryptocurrency ETFs present a risk to the American populace. In their letter, Senators Butler and Reed assert…
The Securities and Futures Commission (SFC) of Hong Kong has issued a warning regarding the illicit activities of the cryptocurrency exchange MEXC, which is in violation of current regulations in Hong Kong and operates without the necessary license. In a press release issued on Friday, the SFC highlighted that MEXC has been actively promoting its…
NFPrompt, a content generation platform nurtured by Binance Labs, has revealed a cryptocurrency security breach leading to the loss of both user and platform funds. According to reports, hackers managed to gain unauthorized access to various wallets, including those belonging to NFPrompt’s administrators, resulting in the theft of funds. Following a cryptocurrency security breach, NFPrompt…
in brief The UK’s financial regulator permits professional investors to trade crypto ETNs, while retail investors remain excluded. The industry applauds the decision but stresses the importance of expanding access to crypto assets in the UK market. The FCA upholds a prohibition on offering crypto ETNs to retail investors, citing significant risks in the crypto…