Ethereum co-founder Vitalik Buterin recently transferred nearly $1 million in USDC stablecoin to his biotech fund, Kanro, on January 6, after selling a range of meme coins to support biotechnology research. According to on-chain data, Buterin swapped 28 different meme…
It was an eventful year for bitcoin miners in 2024, with the fourth Bitcoin halving and the cryptocurrency surpassing the $100,000 threshold. Kicking off 2025, three publicly traded mining companies posted double-digit gains, while others also delivered solid performances. Currently,…
Publicly listed Wall Street Bitcoin (BTC) miner Bitfarms (NASDAQ: BITF) ended 2024 with increased mining hashrate and USD revenues, despite a 41% drop in production compared to the previous year. The Bitcoin mining operator reported a 97% year-over-year increase in…
Canadian mining firm HIVE Digital Technologies has reached 6.0 EH/s in operational hashrate, marking a 47% year-over-year increase. Bitcoin (BTC) miner HIVE Digital Technologies has hit a major milestone, reaching 6.0 exahashes per second in operational hashrate, marking a 47%…
Much like the end of 2023, when Bitcoin broke records with its transactional volumes and hashrate, the cryptocurrency rang in New Year’s Eve with a bang. The network’s computational power hit a jaw-dropping peak of 808 exahash per second (EH/s),…
Ethiopia’s state-owned power producer, and a population of 126 million Ethiopians, welcomed the bitcoin mining industry in 2024 with an attractive electricity rate of USD 3.2 cents KWh. In this past year EEP has generated USD 55 million in revenues…
KULR Technology Group increased its Bitcoin holdings by investing $21 million on Monday, January 6, 2025. This purchase added 213.4 BTC, reinforcing the company’s strategy of integrating Bitcoin into its corporate treasury. The recent acquisition was facilitated through Coinbase Prime…
As Cardano (ADA), Ripple (XRP), and Rexas Finance (RXS) show strong bullish signs, the cryptocurrency market is humming with anticipation. Investors see enormous possibilities as Cardano forms a bullish symmetric triangle, Ripple rides a wave of impressive gains, and Rexas…
Vietnamese police arrested four individuals on January 5, 2025, in Dong Nai Province for defrauding over 200 victims of 4 billion Vietnamese dong ($157,300) through crypto-linked schemes. A local report identified the suspects, led by Tran Minh Quang, as the…
The cryptocurrency market relies on finding promising projects with exponential growth potential. Although Cardano (ADA) and Solana (SOL) have established themselves as top blockchain systems, their explosive ascent leaves traders wanting for the next great prospect. Today, that focus is…