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Bitcoin Hits $67.9K Mark, Short Positions Liquidated in Wake of Price Climb

Bitcoin Hits .9K Mark, Short Positions Liquidated in Wake of Price ClimbAt 9:35 a.m. EDT on Tuesday, bitcoin reached a peak of $67,922. By 10:20 a.m., it was still riding high, trading between $66,905 and $67,101, marking a nearly 3% increase. This uptick pushed bitcoin’s seven-day gains to 6.7% against the U.S. dollar. According to recent data, ‘Uptober’ returns now sit at 3.83%. In the past […]

Coinbase Opposes $1 Billion Lawsuit Over WBTC Delisting by Bit Global

Bitcoin Breaks Past the $60K Threshold, Jumps 26% in 3 Days

Bitcoin Breaks Past the K Threshold, Jumps 26% in 3 DaysOn Thursday, bitcoin (BTC) leaped to a high of $62,729, representing a more than 26% jump from its Aug. 5 low of $49,577, recorded just three days earlier. The broader cryptocurrency market, which encompasses over 10,000 digital currencies, saw an 11.29% rise over the past 24 hours, with many assets enjoying double-digit gains. Bitcoin Hits […]

Coinbase Opposes $1 Billion Lawsuit Over WBTC Delisting by Bit Global

Following Court Ruling, XRP Price Skyrockets as South Korea Leads the Charge

Following Court Ruling, XRP Price Skyrockets as South Korea Leads the ChargeOn Aug. 8, following the imposition of a $125 million civil penalty on Ripple Labs by a district judge, the firm’s executives and community celebrated the outcome as a “victory.” This led to an uptick in XRP’s trading volume and price. In the 24 hours leading up to the ruling, XRP rose from $0.4933 to […]

Coinbase Opposes $1 Billion Lawsuit Over WBTC Delisting by Bit Global

Bitcoin Surpasses $60K After 11 Days: Price Boost Follows Trump Assassination Attempt

Bitcoin Surpasses K After 11 Days: Price Boost Follows Trump Assassination AttemptThe price of bitcoin climbed 2.7% over the past 24 hours, reaching an intraday peak of $60,423 per token. For over a week, BTC remained below the $60,000 mark. However, on Sunday morning at 4 a.m. EDT, it surpassed this threshold for the first time in 11 days. BTC Rises to $60,423, Marking 2.7% Increase […]

Coinbase Opposes $1 Billion Lawsuit Over WBTC Delisting by Bit Global

Bitcoin Hashrate Reaches 400 Exahash per Second, Researcher Says Network Could Reach Zettahash Era by 2025

Bitcoin Hashrate Reaches 400 Exahash per Second, Researcher Says Network Could Reach Zettahash Era by 2025Despite Bitcoin’s difficulty reaching an all-time high at 46.84 trillion, participants in bitcoin mining have kept the hashrate running stronger than ever before. According to statistics, on March 23, 2023, the hashrate reached a high of 400 exahash per second (EH/s). The 400 exahash equates to 0.4 zettahash or four hundred quintillion hashes per second. […]

Coinbase Opposes $1 Billion Lawsuit Over WBTC Delisting by Bit Global

US Inflation Remains Higher Than Expected, Raising Concerns Among Investors

US Inflation Remains Higher Than Expected, Raising Concerns Among InvestorsU.S. inflation levels dropped slightly in January, sliding from 6.5% to 6.4%. However, inflation remains higher than expected, causing concern among investors that the U.S. central bank will continue to hike the benchmark federal funds rate. Inflation in the US Remains High, Causing Uncertainty in Markets Inflation in the United States exceeded expectations among analysts […]

Coinbase Opposes $1 Billion Lawsuit Over WBTC Delisting by Bit Global

Smart Contract Token Market Soars to $332 Billion; Defi Value Reaches High Not Seen Since FTX Collapse

Smart Contract Token Market Soars to 2 Billion; Defi Value Reaches High Not Seen Since FTX CollapseThe smart contract token economy rose 5.6% against the U.S. dollar on Thursday, reaching $332 billion. Additionally, the value locked in decentralized finance (defi) increased to nearly $50 billion, a record high not seen since the collapse of FTX. Smart Contract Economy and Defi TVL Bounces Back On Thursday, Feb. 2, 2023, the top smart […]

Coinbase Opposes $1 Billion Lawsuit Over WBTC Delisting by Bit Global

Smart Contract Platform Tokens See Double-Digit Gains, Boosting Defi TVL Above $40 Billion

Smart Contract Platform Tokens See Double-Digit Gains, Boosting Defi TVL Above  BillionDecentralized finance (defi) and smart contract platform tokens rallied on Monday morning (ET) and the total value locked in defi jumped above the $40 billion zone for the first time since mid-December 2022. The top smart contract platform coins by market capitalization increased 7.1% on January 9, 2023, and most have seen double-digit gains over […]

Coinbase Opposes $1 Billion Lawsuit Over WBTC Delisting by Bit Global

Traders Withdraw $3.6 Billion in Ethereum From Crypto Exchanges in 17 Days

Traders Withdraw .6 Billion in Ethereum From Crypto Exchanges in 17 DaysThe pencilled-in preliminary date for The Merge, revealed by the Ethereum developer Superphiz, is less than two months away and the announcement seemingly caused a number of developments to happen. First off, the network’s native token ether saw a significant spike in value and secondly, Ethereum’s hashrate has dropped 18.21% since June 30. Data also […]

Coinbase Opposes $1 Billion Lawsuit Over WBTC Delisting by Bit Global