Kaixin, a prominent Chinese electric vehicle manufacturer, is eyeing a strategic expansion into the cryptocurrency mining sector. The company plans to acquire a controlling stake in a Middle Eastern cryptocurrency mining operation, marking a significant shift away from its traditional automotive business. Kaixin in Advanced Stages of Acquisition According to a press release, Kaixin, headquartered […]
Bitcoin exchange-traded funds (ETFs) experienced two consecutive days of outflows as the top cryptocurrency saw a slight correction of nearly 3%. The pullback came after the U.S. Federal Reserve indicated that further interest rate cuts may not be on the horizon, which impacted market sentiment. After seeing a significant influx of over $2.43 billion in […]
As blockchain technology evolves, Pi Network is positioning itself as a significant player in the digital economy. Though still in its limited mainnet phase, the platform is making strides with key partnerships and integrations that could redefine the blockchain landscape. Pi Network has recently announced collaborations with financial institutions, banks, and major businesses, signaling its […]
Mantra (OM) Sees 40% Surge, Hits All-Time High of $2.71 Amid Strong Momentum Mantra (OM), a leading real-world asset (RWA) tokenization platform, has experienced a remarkable surge of over 40% in the past 24 hours, reaching a new all-time high of $2.71 on November 16. Technical indicators suggest that the token could see further gains […]
NFT sales have skyrocketed by 94.1%, reaching a total of $178.8 million, as the cryptocurrency market continues its upward trajectory. This surge comes amid Bitcoin hitting a new all-time high of $93,434.36, contributing to the broader rise in the global cryptocurrency market cap, which has now surpassed $3.03 trillion, marking a 4% daily increase. Over […]
Thumzup Media Corporation, a Los Angeles-based social media marketing company, has officially entered the world of cryptocurrency with a bold move to purchase up to $1 million in Bitcoin for its treasury reserves. Known for helping brands compensate users for promoting products on platforms like Venmo and PayPal, Thumzup is taking a strategic step to […]
The explosive growth of Dogecoin (DOGE) and other meme coins has sparked the development of a new project, the Nollars Network, set to launch in 2025. This new layer-2 blockchain is designed to facilitate faster trading and create arbitrage opportunities for traders, particularly those focused on meme coins like DOGE. The recent announcement by President-elect […]
Bybit has just unveiled an exciting expansion of its bbSOL token, aiming to bring new yield opportunities to users through key partnerships within the decentralized finance (DeFi) ecosystem. This move, announced on November 15, is a strategic push to enhance the utility and liquidity of bbSOL by integrating it with top DeFi platforms, thus allowing […]
A wallet associated with the early days of Bitcoin, often referred to as a “Satoshi-era” wallet, recently moved a significant amount of BTC for the first time in over a decade. The wallet, which originally received its coins in 2010 when Bitcoin was still in its infancy, transferred 2,000 BTC worth nearly $180 million to […]
Floki (FLOKI), the meme coin inspired by Elon Musk’s dog, saw an impressive surge of 21% within just one hour after Coinbase announced it would add the coin to its listing roadmap. This development sent the price of Floki soaring, as the news aligned with a broader market recovery that helped propel FLOKI’s price higher. […]