Thailand is launching a pilot program that will allow foreign tourists to use cryptocurrency for payments in Phuket, as part of efforts to boost its tourism sector and attract crypto-savvy visitors. Announced by Deputy Prime Minister Pichai Chunhavajira, the initiative will make digital payments easier and faster for tourists while enhancing Thailand’s competitiveness in the […]

Bitcoin’s outlook faces challenges amid a strengthening U.S. dollar and tightening global liquidity, according to Matrixport, a leading blockchain analysis hub in Asia. In a research note published on January 8, crypto analyst Markus Thielen highlighted that Bitcoin might experience short-term pressure due to these factors, especially following the re-election of Donald Trump. The resulting […]

At CES 2025, Bitcoin mining hardware manufacturer Canaan introduced innovative mining rigs that double as home heaters, showcasing the Avalon Mini 3 and Avalon Nano 3S. These rigs are designed to make cryptocurrency mining more accessible while providing an environmentally friendly way to generate heat for homes. Canaan’s announcement on January 8 highlighted its commitment […]

South Korea’s Lotte Group has chosen the Arbitrum blockchain to enhance its AI-driven metaverse platform, Lotte Caliverse. The integration, announced during CES 2025, aims to leverage Arbitrum’s Ethereum Layer 2 network for its superior performance in virtual environments and gaming. Arbitrum’s 250ms block times make it an ideal platform for the immersive, high-quality experiences that […]

Binance Futures has launched the SONICUSDT perpetual contracts on January 8, 2025, providing traders with the opportunity to trade SONIC tokens with up to 75x leverage. These contracts, settled every four hours in USDT, offer a significant level of flexibility for traders looking to engage in the SONIC market. The funding rate for these contracts […]

GoMining, a platform that allows users to participate in the Bitcoin mining ecosystem through tokenized hashrate ownership, has announced its expansion to the Solana blockchain. This marks a significant step for GoMining as it broadens its services to a new blockchain, providing users with more options for earning Bitcoin rewards. The GoMining platform operates by […]

Cryptocurrency markets experienced a significant downturn on Tuesday, as concerns about the bond market and rising bond yields triggered a broader risk-off sentiment. This retreat erased some of the gains made on Monday, with Bitcoin, Ethereum, Ripple, and Solana all experiencing sharp declines of over 4-5%. Bitcoin saw a 4% drop, reaching an intraday low […]

On January 7, 2025, the cryptocurrency market witnessed a significant wave of liquidations, triggered by Bitcoin’s unexpected drop below $100,000. In a short period, approximately $206 million in crypto positions were liquidated, causing widespread chaos across major digital assets. Bitcoin’s price fell to a low of $97,207, marking a 4% decline that sent shockwaves through […]

The Pi Network IoU token price has remained flat at a key support level as developers prepare to launch the mainnet. Pi Coin was trading at the psychological level of $50, significantly lower than its November high near $100. The main catalyst for the sell-off has been the ongoing delay in the mainnet launch. Developers […]

The price of Tron (TRX) remained stable on January 2, 2025, despite the continued strong performance of the Tron network, which has been outperforming Ethereum (ETH) in key metrics. At the time of writing, TRX was trading at $0.2691, which is slightly higher than its December low of $0.2237, reflecting a resilient price movement amid […]