CoinDesk 20 tracks top digital assets and is investible on multiple platforms. The broader CMI comprises approximately 180 tokens and seven crypto sectors: currency, smart contract platforms, DeFi, culture & entertainment, computing, and digitization. Source
Circle has announced the launch of its new Credits Program, aimed at supporting developers working on blockchain applications by minimizing associated costs, according to Circle. Introducing the Circle Credits Program The Credits Program provides financial assistance to developers by offering credits that can be used to pay for various Web3 Services. These include Programmable Wallets monthly fees, Smart Contract Platform API calls, and Gas Station fees. This initiative is intended to alleviate the financial burden of deploying blockchain applications, which typically incur transaction fees known…
Cleanspark Inc. has announced the acquisition of five new bitcoin mining facilities in Georgia for $25.8 million. The deal is expected to close immediately, increasing the company’s operating hashrate to over 20 EH/s by the end of the month. Publicly Listed Miner Cleanspark Obtains 5 New Mining Facilities The newly acquired sites, which range from […] Original
Solana-based cryptocurrency Beercoin has begun to show weakness after monumental early success. However, another Solana-based meme coin, Sealana, is just days out from its exchange launch, and analysts are hopeful that it could explode next. BEER Plunges Over 30% as Crypto Prices Tumble It’s been a challenging time for anyone who bought Beercoin this week […] Source BitcoincryptoexchangeExchanges CryptoX Portal
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Crypto funds witnessed outflows last week after recording five weeks of consecutive inflows. According to CoinShares data, digital asset funds saw $600 million in net outflows for the week ending June 14. The outflows were concentrated in Bitcoin and Solana funds, which saw $621 million and $0.2 million exits, respectively. These outflows come amidst a corresponding drop in the price of Bitcoin throughout the week and a more hawkish-than-expected Federal Open Market Committee (FOMC) meeting held during the week. Crypto Funds Bleed Largest Since March, With Bitcoin In The Lead…
Infineo, a company that focuses on blockchain-based life insurances, said Tuesday that it has transferred the “first-ever” tokenized life insurance policy on distributed ledger system. The firm minted a total of $9.4 million worth of policies using the Provenance network, according to a press release reviewed by CoinDesk. Source link
The price of bitcoin (BTC) fell below the $65,000 mark on Tuesday, reaching a low of $64,050 on Bitstamp. At 10:10 a.m. Eastern Time, BTC was trading at around $64,624 per coin. The last time BTC was in this price range was mid-May. Over the past 24 hours, $68.3 million in bitcoin long positions have […] Original
At the World Digital Mining Summit in Las Vegas, Bitmain, a leading manufacturer of application-specific integrated circuit (ASIC) bitcoin mining rigs, introduced two new mining machines. Both models—one air-cooled and one hydro-cooled—boast an efficiency rating of under 14 joules per terahash. Bitmain Introduces S21 XP and S21 XP Hydro Bitmain’s new Antminer S21 series mining […] Original
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin surges to $69,430 amid CPI and Fed rate news, while 5thScape’s presale gains significant investor attention. The cryptocurrency market experienced a surge on Wednesday, particularly in Bitcoin, as investors awaited the release of the US CPI figures. With the price of BTC at $69,430 during the US session, there is the possibility of gains this week. Hopes of a rate cut by the Fed also supported markets along…