The upcoming listing of the Hamster Kombat token (HMSTR) is generating significant anticipation within the crypto community, set to take place on September 26 across multiple exchanges, including Binance. As users await the start of trading, several key points are shaping expectations around the event. What to Expect from the Listing Token Distribution Completion: The […]
Category Archives: Blockchain
PayPal is set to enable U.S. merchants to purchase, hold, and sell cryptocurrency directly through their business accounts, marking a significant step in integrating digital assets into everyday transactions. This new service, however, will not be available for businesses in New York at launch. Since 2020, PayPal and its subsidiary Venmo have allowed consumers to […]
Bitcoin (BTC) broke the $64,000 mark in late U.S. trading hours on Tuesday, supported by rising expectations of a second consecutive 50 basis point rate cut by the Federal Reserve, which traders are now estimating at a 50% chance. As of the Asian trading session, BTC is up 1%, trading near this key level. In […]
On September 24, spot Bitcoin exchange-traded funds (ETFs) in the U.S. saw a notable increase in net inflows, while spot Ether ETFs experienced a reversal back to net positive flows. Data from SoSoValue reveals that the 12 spot Bitcoin ETFs recorded net inflows of $135.95 million that day, marking the fourth consecutive day of positive […]
A Bitcoin wallet containing coins mined just two months after Bitcoin’s launch has become active again after over a decade of dormancy. On September 24, blockchain intelligence firm Arkham reported that this whale wallet, which mined Bitcoin in February and March 2009, has moved five bitcoins to the crypto exchange Kraken. This wallet is significant […]
An influential adviser to Sky, the decentralized finance lender formerly known as MakerDAO, has reassured stakeholders regarding Tron founder Justin Sun’s role in the custody of Bitcoin backing the Wrapped Bitcoin (WBTC) token. This development may lead Sky to reconsider its plan to offboard WBTC as collateral. The discussions took place on Sky’s forum, particularly […]
On Tuesday, traders increased the probability of a second consecutive 50 basis point rate cut by the Federal Reserve to 61%. This comes as China joined a growing global trend of monetary easing among major economies. Bitcoin is eyeing a move above $65,000 for the first time since early August, driven by the momentum from […]
NEAR Protocol is currently among the top performers in the cryptocurrency market, with bullish investors looking to leverage the ongoing uptrend to surpass a crucial psychological resistance level. Recently, NEAR Protocol (NEAR) has experienced a remarkable surge, with an impressive 31% increase over the past month. A significant portion of this growth was driven by […]
The Pi Network is moving full steam ahead with its mainnet migration, slated for December 31, 2024. This pivotal transition will shift Pi tokens from a testnet environment to a fully operational blockchain network, marking a significant milestone in the project’s evolution. Once the migration is complete, Pi tokens will be able to trade on […]
H.C. Wainwright analysts believe that Bitfarms’ stock is poised for growth following the recent settlement with Riot Platforms, which effectively ends a six-month hostile takeover attempt. On September 23, Bitfarms and Riot Platforms reached an agreement that concluded Riot’s bid to acquire the Canadian Bitcoin mining firm. Analysts from H.C. Wainwright set a price target […]