Why are top Bitcoin traders bullish despite BTC price dip to $64.3K?
Bitcoin whales and miners remain cautiously optimistic, strengthening the bullish case for $64,300 support. Go to Source
Month: June 2024
Transak Lists Paypal’s PYUSD for Easier Crypto Access
According to an announcement, the Web3 and crypto firm Transak listed Paypal’s stablecoin, paypal usd (PYUSD), on its platform. This integration allows users to purchase PYUSD using various local payment methods, aiming to simplify the transition to cryptocurrencies. PYUSD Listed on Transak, Aiming to Ease Defi Transition Transak, a Web3 payments infrastructure provider, has added … Read more
Dydx Chain Launches New Software Version, Adds Slinky Oracle for Real-Time Price Updates
The decentralized finance (defi) protocol, Dydx, has officially launched version 5.0.0 of its blockchain software, introducing innovative trading features aimed at enhancing market dynamics and user control. This update, approved by the Dydx community, includes the implementation of isolated markets and margins, designed to refine risk management and collateral usage. Dydx Chain Launches Upgrade According … Read more
CleanSpark acquires 5 mining facilities in Georgia
The new facilities are expected to increase CleanSpark’s hashrate to over 20 exahashes per second by the end of June, spokespeople claimed. Go to Source
Tether Launches Alloy, Opening the Gates for Issuing Gold Standard Compliant Assets
Tether, one of the largest companies in the stablecoin arena, has announced the launch of Alloy, a series of assets pegged to the value of another asset, but collateralized with gold. The first token in the Alloy lineup is AUSDT, which will track the value of the U.S. dollar using Tether Gold (XAUT) as collateral. … Read more
US prosecutors oppose Ethereum dev’s motion to reduce 5-year sentence
In April 2022, a judge sentenced Virgil Griffith to 63 months in prison for violating U.S. sanctions on North Korea. Go to Source
Ethereum price to $10K is the most ‘asymmetric bet’ in crypto — Analyst
Ether’s potential move to $10,000 would result in a 194% price increase from the current levels, but ETH continues struggling to break the $4,000 mark. Go to Source
Bitcoin analyst ‘optimistic’ of buying BTC lower as 3 trendlines fail
BTC price heading under $66,000 costs Bitcoin bulls several daily moving averages — and few see a snap recovery coming next. Go to Source
Ethereum’s recent pullback could be a gift: Dynamo DeFi, X Hall of Flame
Dynamo DeFi isn’t expecting Ethereum to double anytime soon due to the ETFs but says the recent pullback could be a “gift.” X Hall of Flame. Go to Source
Cleanspark Acquires 5 Bitcoin Mining Facilities in Georgia for $25.8 Million
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 … Read more