Hut 8 Exceeds Q3 Revenue Expectations with $43.7 Million in Earnings

Hut 8 Exceeds Q3 Revenue Expectations with $43.7 Million in Earnings

Hut 8 Mining Corp., a prominent player in the Bitcoin mining industry, has reported impressive third-quarter earnings for the year, exceeding analysts’ revenue expectations by a significant margin. The Miami-based crypto mining firm announced a revenue of $43.7 million for Q3, far surpassing the $35.1 million that analysts had predicted, according to a poll conducted […]

Coincheck Set to Become the First Japanese Crypto Exchange Listed on Nasdaq

Coincheck Set to Become the First Japanese Crypto Exchange Listed on Nasdaq

Coincheck, one of Japan’s leading cryptocurrency exchanges, has received approval from the U.S. Securities and Exchange Commission (SEC) to list on the Nasdaq Global Market, making it the first Japanese crypto exchange to do so. The approval, granted on November 7, 2023, clears the way for the exchange to go public through a merger with […]

Sui Price Steady Amid DEX Volume Surge: Could It Hit $5?

Sui Price Steady Amid DEX Volume Surge Could It Hit $5

The price of Sui (SUI) has maintained its strong bullish momentum, fueled by robust network fundamentals, rising hype, and positive technical indicators. Sui’s token surged to a new all-time high of $3.33, marking a 608% increase from its August lows. This impressive growth has helped push Sui’s market cap past $9.2 billion, positioning it as […]

Dogecoin Mania Grips South Korea as Price Dips Below $0.40

Despite Dogecoin’s price falling below $0.40 and losing 5% in the past 24 hours, there has been a significant surge in its trading volume, particularly on South Korean exchanges like Upbit and Bithumb. At the time of writing, Dogecoin (DOGE) is trading at $0.385 on major global exchanges like Binance, Bybit, Coinbase, and OKX, but […]

AGLD Price Surges 288% After Upbit Adds 12 New Crypto Tokens

AGLD Price Surges 288% After Upbit Adds 12 New Crypto Tokens

On November 13, South Korean cryptocurrency exchange Upbit made a major expansion to its USDT market, listing 12 new crypto tokens, one of which saw a remarkable surge. Adventure Gold (AGLD), one of the newly listed assets, experienced a 288% price jump just eight minutes after it was launched on the exchange. According to data […]

Bitcoin Hits Record Trading Volume, Surge Driven by Retail Demand

Bitcoin Hits Record Trading Volume, Surge Driven by Retail Demand

Bitcoin reached a new all-time high of $89,956 on November 12, with its trading volume soaring to a record $145 billion in just 24 hours, according to a report from Matrixport. This surge in volume marks a significant increase of about 50% over previous highs observed in August and March of this year. The volume […]

Revolut Expands Crypto Exchange to 30 New Markets Across Europe

Revolut Expands Crypto Exchange to 30 New Markets Across Europe

Revolut, the London-based fintech giant, is significantly expanding the reach of its standalone crypto exchange, Revolut X, making it available to customers across 30 new countries in the European Economic Area (EEA). This move is part of Revolut’s broader strategy to position itself as a competitive platform in the crypto trading space. Announced in a […]

Bitso Expands Bitcoin Lightning Network Support to 8 Million Users

Bitso Expands Bitcoin Lightning Network Support to 8 Million Users

Bitso, one of the leading cryptocurrency exchanges in Latin America, has announced the rollout of Bitcoin Lightning Network support to 100% of its users, marking a major milestone in the exchange’s growth and adoption of innovative blockchain technology. This development, which was shared on November 12 by the Lightspark team on X (formerly Twitter), enables […]

Bitcoin frenzy drove $1B in volume for BlackRock’s ETF in just 25 minutes.

Bitcoin frenzy drove $1B in volume for BlackRock’s ETF in just 25 minutes

Bitcoin’s multi-day surge to consecutive new highs has captured the attention of Wall Street, with billions flowing into cryptocurrency ETFs since early November and the U.S. elections. On November 12, investors traded $1 billion of BlackRock’s IBIT fund within just the first 25 minutes of U.S. market trading. This rapid trading activity reflects a larger […]

Ethereum Foundation Makes DAI Purchase with 100 ETH Sale

Ethereum Foundation Makes DAI Purchase with 100 ETH Sale

On November 12, the Ethereum Foundation executed its first ETH sale since the release of its 2024 annual report, offloading 100 ETH in exchange for the stablecoin DAI. According to SpotOnChain analytics, the sale resulted in the acquisition of 334,315.7 DAI tokens. This marks the first ETH sale by the Ethereum Foundation since November 8, […]