Bitcoin ASIC maker Bitmain expands production line into US
It comes as US Bitcoin miners have had to deal with delayed deliveries of Bitmain ASICs that have been stuck at US ports of entry for weeks. Go to Source
Month: December 2024
Digital Assets Investments Hit Record $3.85 Billion Weekly Inflow
Coinshares digital assets report showed a significant surge in digital asset inflows, reaching $3.85 billion. Record Breaking Inflows Into Digital Asset Investment Digital asset investment products had the biggest weekly inflows ever at $3.85 billion, shattering the previous record established only a few weeks earlier. Coinshares‘ analysis of last week’s (Dec. 2 – Dec. 6) … Read more
109 Million Wallets Hold USDT: Tether Reports
The report underscores USDT’s pivotal role in cryptocurrency adoption, bridging the gap between traditional fiat and digital assets. 109 Million Wallets Hold Tether Tether’s second insights report revealed a significant milestone in the adoption of its stablecoin USDT with 109 million onchain wallets holding USDT at the start of Q4 2024. This makes USDT one … Read more
Community Notes Challenges Coinbase’s Response to Account Complaints
Coinbase’s support account on X tackled grievances regarding alleged account restrictions. In a post, the company emphasized, “don’t believe everything you see on twitter.” However, an attached X Community Notes clarification pointed out that Coinbase is “indeed restricting accounts.” Locked Accounts and Frustrated Users: Coinbase Faces Customer Outcry A flood of complaints has been aimed … Read more
Crypto Bloodbath: $1.5 Billion Liquidated as Bitcoin Crashes to $94K
Monday proved to be a tough day for cryptocurrency markets, with the crypto economy shrinking by 6.31% in just 24 hours and $1.5 billion in crypto derivatives positions vanishing. Bitcoin (BTC) found itself hanging on between $96,800 and $97,000 per coin, though it briefly plummeted to $94,249, setting off the turmoil. Bitcoin Flash Crash Causes … Read more
Floki, Mastercard launch 13-crypto debit card in Europe
Floki is one of a growing number of crypto firms issuing their own regional payment cards that let users spend cryptocurrencies. Go to Source
Updates on Dogecoin, PEPE Whale Activity & BDAG’s 5-Tier Bonus
BlockDAG’s 5-Tier Bonus Sparks Huge Interest Among Buyers, Insights on Dogecoin’s Expansion in Europe and PEPE’s Moves The cryptocurrency market consistently delivers surprises, each innovation igniting investor enthusiasm anew. For example, recent updates show Dogecoin making its way into the European market via Valour’s Exchange-Traded Product (ETP), with a trading price of $0.40. In a … Read more
Maverick Protocol aims to bring ‘MemeFi’ to Base
A newly launched platform dubbed goose.run lets users lend and borrow against memecoins, its team told Cointelegraph. Go to Source
Sell It All—Peter Schiff Urges Biden to Ditch US Bitcoin Reserves Before Trump’s Return
Gold advocate and economist Peter Schiff is not exactly cheering from the sidelines when it comes to a U.S. strategic bitcoin reserve. On Monday, he sparked conversation on social media, declaring that the smartest move President Joe Biden could make before leaving office is to offload all the U.S. government’s bitcoin holdings. Schiff Wants Joe … Read more
President-Elect’s Son, Eric Trump, Discusses US Crypto Leadership in Interview
Eric Trump, son of President-elect Donald Trump, detailed ambitions to establish the United States as a global leader in cryptocurrency during a CNBC interview in Abu Dhabi, United Arab Emirates. Eric Trump Tells CNBC That the Trump Administration Aims to Establish U.S. as a Crypto Superpower Speaking on Monday with CNBC, Eric Trump emphasized the … Read more
