Data shows the cryptocurrency sector as a whole has witnessed a high amount of liquidations following the volatility Bitcoin and others have gone through. Bitcoin Has Recovered Back Above The $63,000 Level Following the news of the US Federal Reserve cutting back on interest rates, Bitcoin has responded positively, with its price breaking above the $63,000 level. The chart below shows what the asset’s recent performance has looked like. The graph shows that after this 5% jump over the last 24 hours, the cryptocurrency is no longer far from reaching…
Tag: Million
Solana Active Addresses Hit 75 Million As SOL Breaches $140
Este artículo también está disponible en español. Solana (SOL) hit another record: Today, it has over 75 million monthly active addresses. The surge speaks to growing popularity of the network, especially in areas like developer and user activity within the decentralized applications (dApps), DeFi, and NFT sectors. Related Reading With such an increase in Solana’s activities, the platform stretches even further away from others as it remains one of the most scalable and efficient blockchains available. Despite this positive momentum, recent market activity has seen significant volatility for SOL. On…
Crypto Exchange BitGet Says Userbase Has Now Exceeded 45 Million After Six Years in Business
Crypto exchange BitGet now has more than 45 million registered users worldwide as the platform’s global user count has surged by 400% since 2023. BitGet CEO Gracy Chen revealed the numbers as the platform marks its sixth year in business. This year alone, the exchange’s growth rate in Africa is up by 1,614%. BitGet’s userbase in South Asia and Southeast Asia also increased by 729% and 216%, respectively. In the first half of 2024, the net inflow of assets on BitGet reached $779 million. The platform’s daily trading volume is…
Bitcoin Mining Projects Pocket Bhutan a Cool $780 Million
Bhutan, which is smaller than Switzerland, has little economic diversification and nascent private sector development. It relies on hydropower, tourism and agriculture for revenue. Gross domestic product, the value of all finished goods and services made in the country, was just under $3 billion in 2022, about half that of the Maldives. Original
US Sentences 12 in $3.5 Million Cryptocurrency Heist Involving Violent Home Invasions
The U.S. Department of Justice (DOJ) has sentenced 12 individuals for a series of violent home invasions aimed at stealing over $3.5 million in cryptocurrency. The group’s leader received 47 years in prison, while his accomplice was sentenced to 20 years. “The victims were held at gunpoint in their home,” the DOJ stated, adding that […] Source
17 Million Users Claimed Dogs Airdrop on TON Reaching ‘Unheard of’ Levels of Web3 Engagement
The TON team highlighted the magnitude of the recently concluded dogs token generation event and its subsequent airdrop, which disrupted its network several times. On social media, the TON team stated that unique active users rose to 1.1 million, reaching 14.4 million transactions in one day. In addition, dogs made history as the token with […] Source CryptoX Portal
Samson Mow Doubles Down on $1 Million Bitcoin Price Prediction
Samson Mow, CEO of JAN3, recently doubled down on his earlier prediction about bitcoin reaching $1 million this year. In an interview, Mow stated that the market was wrong, and that bitcoin was “massively undervalued” at current prices. “There is so little bitcoin out there you can’t even double your holdings as a large entity […] Original
Metaplanet Grows Bitcoin Holdings With $2.2 Million Acquisition
Metaplanet, a publicly listed Japanese company, has significantly boosted its Bitcoin holdings with a recent acquisition of 38.6 bitcoin for $2.2 million (¥300 million). This purchase increases their total bitcoin assets to 398.8 BTC, valued at around $27.6 million (¥3.75 billion). The company’s strategy, similar to that of Microstrategy, involves using debt to acquire bitcoin […] Original
Japan’s Metaplanet Increases Bitcoin Holdings By $2 Million, Here’s How Much BTC It Owns Now
Este artículo también está disponible en español. Japanese early-stage investment company Metaplanet purchased an additional $2 million worth of Bitcoin today, reaffirming the firm’s trust in the leading digital asset. ‘Japanese MicroStrategy’ Bolsters Its Bitcoin Reserves In an announcement on September 10, 2024, Metaplanet said it had increased its cryptocurrency holdings by 38.464 BTC, bought for approximately 300 million yen ($2 million). The latest purchase brings Metaplanet’s total holdings to 398.832, with a total aggregate cost of 3.75 billion yen ($26 million), averaging slightly above $65,700 per BTC. Related Reading…
Ethereum Whales Allocates $2.1 Million Across Sui and New ETH Gambling Casino ICO Mpeppe (MPEPE)
Este artículo también está disponible en español. Ethereum (ETH) whales are eyeing promising opportunities to diversify their portfolios. Recently, a group of ETH whales allocated a significant $2.1 million across Sui (SUI) and the new Ethereum-based gambling casino ICO, Mpeppe (MPEPE). This move has sparked widespread interest within the crypto community as investors explore the future potential of both projects. Let’s dive into why these two tokens are capturing the attention of whales and what it means for investors. The Rise of Sui: A Blockchain Built for Scalability Sui (SUI)…