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Category Archives: Cryptocurrency

Binance Labs backs BounceBit for Bitcoin restaking and CeDeFi revolution

Binance Labs invests in BounceBit for Bitcoin restaking and CeDeFi innovations. BounceBit integrates CeFi and DeFi empowering BTC beyond traditional value storage. BounceBit’s dual-token system enhances security, transparency, and network utility for Bitcoin. In a strategic move aimed at expanding the utility of Bitcoin, Binance

Bitcoin (BTC) price prediction after breaching $72k

Bitcoin price forecast points to a possible $82,000. Ten days remain to the much anticipated Bitcoin halving event. Kangamoon, a new meme coin, has raised over $4M in its ongoing presale taking advantage of the crypto hype created by Bitcoin’s price surge Bitcoin (BTC) has

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Nexo leads 35+ crypto giants in push for Bitcoin emoji

Nexo leads 35+ crypto giants in a push for a Bitcoin emoji. The ‘Bitcoin Deserves an Emoji’ movement gains traction globally. The movement has surpassed 10,000 endorsements. In a groundbreaking move, Nexo, alongside over 35 major crypto organizations, is spearheading a campaign to establish a

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Coinbase partners with Lightspark for Bitcoin Lightning Network integration

Coinbase’s partnership with Lightspark for Bitcoin Lightning Network integration enhances transaction efficiency. Lightspark’s advanced technology streamlines Lightning Network access, offering low-cost BTC transfers. The collaboration empowers Coinbase with reliable, scalable node infrastructure, driving global financial innovation. Coinbase, a leading cryptocurrency exchange, has announced a strategic

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Bitfarms mines less BTC in March despite expanding its mining Fleet

Bitfarms mined 286 BTC in March, down from 300 in February. Bitfarms’ fleet upgrade aims for 21 EH/s and 21w/TH efficiency. Bitfarms sold 284 BTC increasing treasury holdings to 806 BTC. Bitfarms Ltd. (BITF), a prominent global Bitcoin mining company, experienced a slight dip in

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Tether now the seventh-largest Bitcoin (BTC) holder

Tether recently committed 15% of its net profit to Bitcoin investments. On March 31, 2024, Tether acquired an additional 8,888 BTC at $30,305 each bringing unrealized profit to $2.94B. Tether is now 7th largest holder of Bitcoin (BTC), with 75,354 BTC. Tether, the leading issuer

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