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Category Archives: Business

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Genesis Trading prepares to return $3B to customers, transfers 32,256 BTC

Genesis transferred $2.12B in BTC and $838M in ETH as part of bankruptcy restructuring. Genesis will return $3B to creditors, covering 77% of customer claims. Digital Currency Group will not receive any payout from Genesis’s bankruptcy plan. Over the past three days, Genesis Trading has

Bitcoin network difficulty reaches record high amid price volatility

Bitcoin’s network difficulty hits a record high of 90.67 trillion as of August 2, 2024. Bitcoin’s hash rate reached a record 677 EH/s on July 27th, boosting network security. Bitcoin’s RSI at 44 suggests potentially oversold conditions; the price may test $58,000 Bitcoin has set

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Bitflow integrates swap function into Leather Wallet

Bitflow integrates its swap function into the Leather wallet for 370,000 users. The partnership enhances user experience and broadens Bitcoin DeFi accessibility. Integration guarantees the best swap rates across various DEXs on Stacks. Bitflow, a decentralized exchange (DEX) that enables users to trade and earn

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M2 crypto exchange to allow UAE residents to trade crypto using bank accounts

M2 enables UAE residents to trade BTC and ETH directly with bank accounts. Integration supports dirham deposits, withdrawals, and market-responsive trading. UAE has strict regulations to ensure consumer protection and market transparency. In a significant development for the digital asset market in the United Arab

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Bitcoin falls to $62k as crypto mirrors stocks crash

Bitcoin price dropped to its lowest level since mid-July with a dip to near $62k on August 1. Stocks also plummeted as investors reacted to latest economic data and geopolitical tensions in the Middle East. Bitcoin price crashed 10% to trade to near $62k on

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Whales accumulate more Bitcoin after latest pullback

Whales scoop Bitcoin as pullback dents bulls’ momentum Bitcoin price touched lows of $65,911 as US government transferred its Silk Road BTC Bitcoin pulled back from its intraday highs around $70k on Monday to wipe gains seen after former US President Donald Trump highlighted the

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Cryptocurrencies to watch in August: Poodlana, Bitcoin, BOOK OF MEME (BOME)

Poodlana’s presale surges to $3.5M, with price set to rise further. Bitcoin hits $69,000, boosted by Trump’s pro-crypto remarks. BOOK OF MEME rises 20%, with strong technical patterns and market interest. As August approaches, the cryptocurrency market continues to evolve with exciting developments and noteworthy

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