#Blockchain
Bitcoin’s Renewed Surge: What Are the Keys Behind Its Recent Rise?
In recent hours, Bitcoin‘s price has regained ground, driven by renewed enthusiasm among investors. Several factors are behind this positive movement, although some elements could still counteract this trend. It’s important to note that the U.S. economy remains in a delicate situation despite the improvements observed in 2023-24. This is one of the main factors…
Operation in Germany: Nearly €25 Million in Cash and Crypto Seized in Historic Raid
In an unprecedented operation, German authorities have seized nearly €25 million in cash and cryptocurrencies, dismantling a vast network of illegal cryptocurrency ATMs. This action marks a significant milestone in the fight against financial crime in Europe and highlights the growing scrutiny of crypto transactions across the continent. The raid, which took place on August…
Kamala Harris and Bitcoin: A Calculated Political Strategy or a Missed Opportunity?
In a move that can be seen as either strategic or a potential misstep, Kamala Harris‘s recently unveiled government plan has stirred up significant discussion within the cryptocurrency community. The U.S. vice president, now leading the Democratic ticket, has sparked controversy by conspicuously omitting any mention of Bitcoin or other cryptocurrencies from her proposed policies.…
PayPal’s Stablecoin PYUSD Rises to Fifth-Largest in Market
PayPal’s stablecoin, PYUSD, has ascended to become the fifth-largest stablecoin in the market, a significant milestone achieved just one year after its launch. This recent accomplishment came as PYUSD surpassed USDD, the leading stablecoin within the Tron ecosystem. With this achievement, PYUSD is now poised to climb further up the rankings on CoinMarketCap. As a…
IMF Executives Propose 85% Increase in Electricity Costs for Crypto Mining
Despite several reports indicating that more than 50% of the energy used in Bitcoin mining is sourced from clean energy (such as a report from Cambridge University), two International Monetary Fund (IMF) executives have proposed an 85% increase in electricity costs for crypto mining operations. The primary objective of this proposed substantial increase in costs…
Solana DEX Trading Volume Declines as Ethereum and Base Gain Ground
Recent data from DefiLlama reveals a significant drop in trading volume on Solana’s decentralized exchanges (DEX) over the past week, with a decline of more than 10%. In contrast, trading volumes on Ethereum, Base, and Sui DEXs have seen increases of 12%, 11%, and a notable 77%, respectively, during the same period. To put this…
Crypto Market Shock: Bitcoin and Ethereum Prices Plunge
On August 5, Bitcoin and Ethereum experienced a significant drop in value, causing a stir in the cryptocurrency market. Bitcoin’s price fell below $50,000, a surprising shakeup that caught many investors off guard. Within a mere two hours, the world’s most renowned cryptocurrency plummeted 14.41% from $58,350. Despite this dramatic fall, Bitcoin has shown some…
Cryptocurrency Market Turmoil: What Is Happening?
The cryptocurrency market is experiencing one of its most challenging days in 2024. Major tokens have dramatically declined in the early hours of this Monday, leaving investors worried that this downward trend may persist throughout the week. Despite attempts by BTC to rebound, selling pressure remains strong enough to threaten the $50,000 level. Analysts are…
Trump Raised Between $30 and $50 Million at Bitcoin Conference 2024
According to sources close to Donald Trump‘s team, the campaign funds have surged significantly in recent hours. Donations from the crypto community have skyrocketed due to the Republican candidate’s participation in the Bitcoin Conference 2024. As reported by Fox Business journalist Eleanor Terret, between $30 and $50 million flowed into Trump’s fund. This fund aims…
Ethereum Turns 10: ETH/BTC Surges Over 100 Times
On the eve of the ETH ETFs launch, scheduled for tomorrow, July 23, Ethereum celebrates its tenth anniversary today, marking a decade since the launch of its ICO. Meanwhile, some members of the Web3 community are organizing celebrations in honor of the second-largest cryptocurrency. Justin Drake, an official researcher at the Ethereum Foundation, was one…
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