Category Archives: Blockchain

Binance to Support aelf (ELF) Network Upgrade with Temporary Suspension of Deposits and Withdrawals

Binance to Support aelf (ELF) Network Upgrade with Temporary Suspension of Deposits and Withdrawals

Binance has announced its support for a planned network upgrade of the aelf (ELF) blockchain, which will temporarily halt deposits and withdrawals of ELF tokens on January 15, 2025, starting at 17:00 UTC+8. The upgrade will begin at block height 252,256,057, with the process anticipated to commence around 18:00 UTC+8 on the same day. The […]

Riot Platforms Stock Rises 3% Following December Mining Update: Holds 17,722 BTC

Riot Platforms Stock Rises 3% Following December Mining Update Holds 17,722 BTC

Riot Platforms, Inc. saw a 3% stock gain after releasing its December 2024 production update, highlighting the company’s strong performance in Bitcoin mining. Riot mined 516 Bitcoin in December, marking a 4% increase from November. The company also announced the completion of the first phase of its Corsicana Facility, which contributed to its growing operations. […]

Calamos to Launch Bitcoin ETF with 100% Downside Protection

Calamos to Launch Bitcoin ETF with 100% Downside Protection

Calamos Investments is set to launch a Bitcoin exchange-traded fund (ETF) with a unique feature: 100% downside protection. The ETF, named CBOJ, will debut on the Chicago Board Options Exchange (CBOE) on January 22, aiming to provide exposure to Bitcoin while addressing its notorious price volatility. Bitcoin has often been seen as a risky investment […]

SPX6900 price rockets to an all-time high: will SPX reach $2 soon?

SPX6900 price rockets to an all-time high will SPX reach $2 soon

The SPX6900 token has been experiencing an explosive uptrend, with its price soaring to an all-time high (ATH) and its market capitalization surpassing $1.42 billion. As of January 6, SPX6900 traded above $1.56, reflecting a remarkable increase of more than 250% from its November low. This surge has propelled SPX6900 to the position of the […]

Injective price soars as the new INJ 3.0 era begins

Injective price soars as the new INJ 3.0 era begins

Injective (INJ) has been on an impressive uptrend, largely fueled by the recent community-backed decision to transition from Injective 2.0 to Injective 3.0. Over six consecutive days, the price of Injective surged, hitting an intraday high of $26, its highest level since December 18, 2024. This marks a 40% increase from the token’s lowest point […]

CleanSpark mined 668 Bitcoin in December and now holds 9,952 BTC

CleanSpark mined 668 Bitcoin in December and now holds 9,952 BTC

CleanSpark Inc., a publicly traded Bitcoin mining company, reported a significant achievement in December 2024, mining 668 Bitcoin. The company also sold 12.65 Bitcoin during this period, fetching an average price of $101,246 per Bitcoin. By the end of the year, CleanSpark’s Bitcoin reserves stood at 9,952 BTC. Throughout 2024, CleanSpark’s mining operations were notably […]

UAE’s Bitcoin mining firm Phoenix Group expands in the US ahead of Nasdaq listing, according to reports

UAE’s Bitcoin mining firm Phoenix Group expands in the US ahead of Nasdaq listing, according to reports

Phoenix Group, an Abu Dhabi-listed Bitcoin mining firm, is significantly expanding its operations in the United States with the opening of a new 50 MW crypto mining facility in North Dakota. This move is part of the company’s strategy to increase its Bitcoin mining presence ahead of its planned Nasdaq listing. Once fully operational, the […]

Japanese tech giant Metaplanet aims to hold 10,000 Bitcoin by 2025

Japanese tech giant Metaplanet aims to hold 10,000 Bitcoin by 2025

Metaplanet, a rapidly rising Japanese tech company, is making waves in the cryptocurrency world as it sets an ambitious target to significantly expand its Bitcoin holdings in 2025. The company, which ranks as the 15th-largest corporate Bitcoin holder globally, recently unveiled plans to increase its Bitcoin treasury to an impressive 10,000 BTC by the end […]