Month: June 2024

Ripple CEO Says XRP, Solana, Cardano ETFs Are ‘Inevitable’

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Ripple CEO Brad Garlinghouse foresees the emergence of exchange-traded funds (ETFs) for cryptocurrencies beyond bitcoin and ether, following the U.S. Securities and Exchange Commission (SEC) approval of spot bitcoin and ethereum ETFs. At the Consensus 2024 event, he stated: “I think it’s just a matter of time, and it’s inevitable there’s gonna be an XRP … Read more

Bitcoin Miners See 46.15% Revenue Drop in May, Lowest Since October 2023

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After two consecutive months of record-breaking revenue, bitcoin miners experienced a significant downturn in earnings in May, a level not seen since October 2023. In April, miners generated $1.79 billion, whereas May’s figures show a considerably lower revenue of approximately $964.24 million. Sharp Decline in Bitcoin Miner Revenue in May Bitcoin miners generated 46.15% less … Read more

Bitcoin Firm Unchained Partners With University of Texas to Launch $5 Million Bitcoin Endowment Fund

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The financial services firm Unchained and the University of Texas have partnered to launch a long-term endowment fund in bitcoin (BTC). Joseph Kelly, CEO and co-founder of Unchained, set the ball rolling with a personal donation of two bitcoins. The bitcoin financial services firm also intends to connect UATX faculty and their research with key … Read more

BDAG’s Dev 41 Enhances User Interfaces; Aims for $30 Valuation

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BlockDAG’s DEV Release 41 Advances Account Management, Eyeing $30 Target by 2030 BlockDAG continues to revolutionize the blockchain space with its 41st Development Release, focusing on enhancing user account management to boost system efficiency. These ongoing Development Releases form a core part of BlockDAG’s strategy to make blockchain technology accessible, keeping potential investors updated with … Read more

Ripple’s Next Big Leap: How XRP and This DeFi Powerhouse are Setting the Stage for a Historic Rally

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Ripple has taken center stage in the crypto market due to its ongoing legal battle against the SEC. Meanwhile, XRP awaits a massive price pump after Coinbase reopened trading for the coin in New York despite the uncertainty surrounding crypto regulation in the US. Interestingly, a new DeFi coin has diverted the market’s attention by … Read more

Hedera Joins CoinGecko In Learn-to-Earn Campaign Launch ; KangaMoon and Floki Await Unprecedented Growth

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Less than a week ago, CoinGecko, a prominent DEX platform, announced on X (formerly called Twitter) that it has launched a Learn to Earn campaign with Hedera Foundation. This development is thought to spur positive momentum around the Hedera (HBAR) coin. Additionally, the altcoin market is also eager to see how well Floki token would … Read more

Ex-Binance CEO Changpeng Zhao Begins 4-Month Prison Term in California

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Several reports have indicated that the ex-CEO and founder of Binance, Changpeng Zhao (CZ), has commenced his four-month term at a low-security federal facility in Lompoc, California. CZ Enters Low-Security Facility After Pleading Guilty to Money Laundering Charges Ex-Binance boss Changpeng Zhao (CZ) is now beginning his prison sentence after admitting guilt to charges related … Read more