Day: April 26, 2024

WhalesNight AfterParty 2024 – Blockchain News, Opinion, TV and Jobs

Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands MH 96960, MH 96960, April 26th, 2024, Chainwire A Glittering Moment: BloFin Shines at TOKEN2049  BloFin, a fastest-growing exchange platform, proudly announces its platinum sponsorship of TOKEN2049 Dubai and its exclusive SideEvent: WhalesNight AfterParty 2024. Following our previous role as the Gold Sponsor at TOKEN2049 Singapore, the BloFin team, now the Platinum Sponsor of TOKEN2049, continues to shine on this stage with its enthusiasm and original dedication to contributing to the cryptocurrency industry.  BloFin successfully sponsored TOKEN2049…

European Parliament Adopts Anti-Money Laundering Rules Package That Will Also Regulate Crypto

The new measures also seek to give people or entities with “legitimate interest,” including journalists, media professionals, civil society organizations and other competent authorities, “immediate, unfiltered, direct and free access to beneficial ownership information held in national registries and interconnected at EU level.” Beneficial ownership information refers to identifying information about entities or people that own or control companies. Source

Stripe Re-Enters Crypto Payments With USDC on Ethereum, Polygon, and Solana

Stripe, the fintech giant, has decided to re-enter the cryptocurrency payment space after a six-year hiatus, starting with USDC stablecoins on the Solana, Ethereum, and Polygon blockchains. This move, introduced by co-founder John Collison at the Connect developer conference, is aimed at improving customer flexibility by offering a more stable and better user experience with […] Source CryptoX Portal

Is SUI Sinking? TVL Tanks As Crypto Price Fails To Keep Afloat

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For crypto investors, the last several weeks have been a rollercoaster, with many assets seeing price dips and failing to post meaningful gains. The short-term outlook is bleak, despite some analysts’ continued optimism on the market’s long-term prospects. Halving Hype Fades Even the granddaddy of cryptocurrencies, Bitcoin (BTC), hasn’t been immune to the market downturn. Currently trading around $63,400, BTC is down 5% in the past day and a staggering 13% from its all-time high of over $73,000. This sluggish performance follows the recent Bitcoin halving event, which some enthusiasts…

Cathie Wood’s ARK Invest Sells Last of Its ProShares Bitcoin Futures ETF (BITO) Shares

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Marathon to double Bitcoin mining capacity by 2024

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Marathon Digital has revised its 2024 hash rate goal upwards from 35-37 exahashes per second (EH/s) to 50 EH/s following recent acquisitions that expanded its capacity. Per an April 25 press release, Marathon’s CEO, Fred Thiel, said that the firm could potentially double its mining scale in 2024 owing to the added capacity. Thiel also confirmed that the new target would be “fully funded,” with no need to raise additional capital. Today, we announced that we are increasing our hash rate target for fiscal year 2024 from 35-37 EH/s to…

Pantera Capital wins another bid for discounted Solana tokens in FTX bankruptcy auction

California-based venture capital firm Pantera Capital has reportedly won another bid for discounted SOL tokens from a collapsed exchange. Pantera Capital, a Menlo Park-headquartered crypto venture capital firm, has won another pack of discounted Solana’s SOL tokens in an auction organized by the administrators managing the bankruptcy case of the collapsed FTX crypto exchange. According to a Bloomberg report, the firm won 2,000 SOL tokens (currently valued at ~$288,000 at market price) earlier this week. Although it remains unclear at what discount the firm won the tokens, the sources claim…

Can Meme Coin Hit $0.001 This Year?

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The world of cryptocurrencies is abuzz with speculation once again, this time centered around Shiba Inu (SHIB), the Dogecoin-inspired meme coin. Prominent Bitcoin investor Armando Pantoja has thrown down the gauntlet, predicting a price surge for SHIB, potentially reaching $0.001 by the end of 2025. This ambitious target has reignited discussions about SHIB’s potential and its ability to carve a niche beyond its meme-coin origins. SHIB’s past is a story of remarkable growth. In 2021, the meme coin defied expectations, experiencing a meteoric rise of over 800,000%. This phenomenal journey…