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Cryptocurrency

Social App Friendzone Launches on Polygon Network, Plans Expansion to Polygon zkEVM

February 11, 2024 by Arnold Potts

Correction: The article previously stated that the social marketplace Friendzone was scheduled to start operating today. However, the correct date of introduction is February 26, according to a correction issued on February 7 at 15:13 UTC. Friendzone will initially operate on the …

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Farcaster’s New Frames Feature Takes Crypto-Twitter by Storm

February 11, 2024 by Arnold Potts

started building things like decentralized marketplaces and even games within Frames So it’s really about giving developers the freedom to create interactive and engaging content within the Farcaster platform. Jenn Sanasie then asked Romero about the response to Frames and the growth …

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Bitcoin Miner Hut 8 Shares Slide as CEO Departs Weeks After Short-Seller Report

February 10, 2024 by Arnold Potts

Bitcoin miner Hut 8 (HUT) experienced a significant drop in its shares, falling as much as 8% on Wednesday, following the departure of CEO Jamie Leverton. This news comes just weeks after the company was hit by a report from short seller …

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Diversifying Stability: Stablecoins Finding a Home Beyond the Greenback

February 10, 2024 by Arnold Potts

Stablecoins, which have a market cap of $135 billion, have traditionally been pegged to fiat currencies like the U.S. dollar, providing stability and liquidity in the volatile cryptocurrency market. However, the landscape of stablecoins is evolving, with innovative projects emerging that go …

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Beyond Bitcoin ETFs: The Next Step in Tokenizing the Entire Value Chain

February 10, 2024 by Arnold Potts

The last six months in the world of cryptocurrency have been marked by two major trends: the approval of Bitcoin ETFs by the SEC in January and the rise of real-world assets (RWAs) being brought onto the blockchain. These two developments may …

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The Impact of Bitcoin Mining on ERCOT: Analyzing Data and Economics

February 9, 2024 by Arnold Potts

Bitcoin Network Difficulty Drops During Winter Storm Finn in Texas Recent headlines have highlighted a significant 25% drop in bitcoin network difficulty during Winter Storm Finn in January. Many attributed this drop to curtailment activity in Texas, which represents 17% of the …

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The Power of Airdrops: How Free Tokens Drive Engagement and Growth in the Crypto Space

February 9, 2024 by Arnold Potts

numbers and create a false sense of engagement and popularity. This not only undermines the integrity of the airdrop campaign but also hinders the growth and sustainability of the project. To optimize for sustainable growth, crypto projects must implement measures to ensure …

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MicroStrategy Continues Aggressive Bitcoin Investment Strategy, Purchases 850 BTC for $37 Million

February 9, 2024 by Arnold Potts

MicroStrategy, a leading business intelligence and software company, has once again demonstrated its unwavering commitment to Bitcoin by purchasing an additional 850 BTC at a total cost of $37.2 million. This announcement was made by the company’s Founder and Chairman, Michael Saylor. …

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Crypto Trading Volume Surges in January as Bitcoin ETFs Gain Approval in the U.S.

February 8, 2024 by Arnold Potts

Spot crypto trading volume surged in January as the approval of bitcoin exchange-traded funds (ETFs) in the United States sparked renewed interest in digital assets. According to CCData, Binance, the largest cryptocurrency exchange, experienced an increase in trading volume, while OKX, the …

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Ethereum Price Surges Above $2,400 as Ark Invest and 21Shares Update Spot ETH ETF Filing

February 8, 2024 by Arnold Potts

Ether, the native token of the Ethereum blockchain, experienced a 2% surge in price, surpassing $2,400, following amendments made to the spot Ethereum exchange-traded fund (ETF) filing by asset managers Ark Invest and 21Shares. The updated S-1 paperwork, filed with the U.S. …

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