Why is the crypto market down today?
The cryptocurrency market is in the red today, following the slump in United States stocks as all eyes turn to Nvidia’s upcoming earnings report. This highly anticipated release is seen…
Vitalik Buterin breaks down 2023 Ethereum Foundation spending
Following community questions about the Ethereum Foundation\'s spending, co-founder Vitalik Buterin and spokesperson Josh Stark provided a breakdown of the foundation\'s 2023 spending in an Aug. 27 social media post.…
Bitcoin exchanges are witnessing 3rd-biggest net daily outflow of 2024
Bitcoin is seeing a fresh round of exchange withdrawals as its price action shifts toward $60,000. Data from onchain analytics platform CryptoQuant shows preliminary net outflows of 45,000 Bitcoin (BTC)…
Bet more on the Bitcoin miners cashing in on AI
Bitcoin (BTC) miners are scrambling to adapt after the network’s April “halving” cut into revenue prospects. Savvy miners are finding new ways to put BTC mining equipment to work. Supplying…
BTC price warning: Binance ‘wants blood’ amid sub-$60K Bitcoin target
Bitcoin faces a potential “liquidation cascade” toward $50,000, analysis warns as the BTC price rebound fizzles. In his latest market commentary on X, popular trader Credible Crypto paints a grim…
Bitcoin 3-year chart pattern nears breakout point as analyst expects 312% ROI
Bitcoin’s price is struggling to maintain bullish momentum despite moving above $62,000 for the first time in August. However, one analyst believes BTC is approaching a potential breakout that will…
Celsius distributes $2.5B to 251,000 creditors amid bankruptcy proceedings
Celsius has repaid two-thirds of its eligible customers as part of its long-awaited bankruptcy proceedings. According to an Aug. 26 court filing, the bankrupt crypto lender has repaid approximately $2.53…
Bitcoin poised for $150K ‘batshit season’ but sellers could dent rally
Bitcoin will soon enter what one analyst is calling “batshit season,” which could see the price of BTC surge as high as $150,000 by the end of 2024 — but…
Base hits 1M daily active addresses as Basenames takes off
Coinbase layer-2 network Base has topped 1 million daily active addresses amid a massive surge in the number of new “basenames” registered on the blockchain. Base reached a record 1.05…
PayPal’s PYUSD stablecoin hits $1B market cap
PayPal’s US dollar-pegged stablecoin, PayPal USD, has surpassed $1 billion in total market capitalization, according to data from CoinMarketCap. Launched in 2023, PayPal USD (PYUSD) is backed 1:1 by US…