CoinShares revenue surges 110% in Q2, driven by FTX claim sale
CoinShares revenue for the second quarter of 2024 rose to nearly $28.5 million. FTX bankruptcy proceedings generated a return of 116% in the quarter.
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Binance CEO CZ: Crypto Growth Needs Entrepreneurs and Projects, Not ETFs
The CEO of leading cryptocurrency exchange Binance, Changpeng Zhao, said that he doesn’t think Exchange Traded Funds (ETFs) “are core to our industry's growth,” during a live stream via Periscope, Feb. 6.Zhao — also known in the community as CZ — declared that the cryptocurrency industry will grow with or without the launch of a…
Will Bitcoin price crack $22K? Dollar weakness, Bank of Japan easing boost hopes
No change in central bank policy from Japan caused ruffled feathers in forex markets, but Bitcoin remains tied to a trading zone near two-month highs. 206 Total views 3 Total shares Own this piece of history Collect this article as an NFTBitcoin (BTC) faced a potentially volatile day on Jan. 18, with multiple macro triggers…
Will Stellar’s 55 Billion XLM Burn Trigger a New Bull Cycle?
On Nov.4 Stellar Lumens announced the completion of a 50% token burn of their total supply. This led to the destruction of 55 billion (XLM) tokens and the Stellar Development Foundation explained that the token burn was designed to provoke efficiency within the Stellar ecosystem.Crypto market data daily view. Source: Coin360The price of XLM surged…
Craigs Wright’s Lawyers Slam Court Order Based on ‘Personal Attacks’
Lawyers for Satoshi claimant Craig Wright have strongly criticised a magistrate's order as wrong in law and “based in significant part on personal attacks” against Wright and his Kenyan attorney.Wright‘s team was objecting to the Order on Discovery filed April 8 in the U.S. District Court in the Southern District of Florida, that requires him…
Gaming Hardware Firm Razer Launches Token-Based Loyalty System and Desktop Miner
United States-based gaming hardware manufacturer Razer has redesigned its native virtual currencies and loyalty system and launched a desktop mining app, according to a blog post published on Dec. 12.Founded in 2005, Razer has become a leading gaming hardware and software manufacturer in the U.S., Europe, and China. The company’s software platform reportedly has more…
Bitcoin price has never lost more than 10% in July — Is 2023 different?
Bitcoin looks primed for a "liquidity hunt" to $35,000, but not everyone is convinced that BTC price upside will last beyond July. Bitcoin (BTC) gained 12% in June, but one forecast sees the good times soon fading for bulls.In a tweet on July 1, popular trader CryptoBullet admitted that July might not offer much more…
How Polkadot is transforming blockchain technology: Report
Cointelegraph Research explores how Polkadot’s innovative architecture and Polkadot 2.0 upgrade improve scalability, interoperability and decentralized governance in the blockchain ecosystem.
Elon Musk’s Tesla is already $1 billion in profit from holding Bitcoin
Tesla's (TSLA) bold foray into the Bitcoin (BTC) market has been paying off in 2021 as BTC price rallies in October to hit over $58,000 on Oct.14.Tesla currently holds roughly 43,200 BTC, worth roughly $2.5 billion at today's prices, according to online monitoring resource Bitcointreasuries.net. This is approximately 65% or $1 billion more than what the carmaker…