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Electric vehicle giant Tesla, led by billionaire Elon Musk, has faced a significant setback from its Bitcoin investment over the past year. According to a filing with the U.S. Securities and Exchange Commission (SEC) on January 31, Tesla reported a total loss of $204 million for 2022 from its
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BNB Chain, the blockchain supported by Binance, has officially launched its latest product, the BNB Greenfield data storage blockchain. According to the BNB Greenfield white paper, this decentralized data storage solution is based on BNB Chain's blockchain technology, enabling users and dApps to create, store, and transact data
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IntainMarkets’ Subnet is designed to facilitate efficient, cost-effective, and transparent asset issuance, investment, and management. On January 31, Avalanche officially announced its next Subnet, being developed by IntainMarkets – a platform aimed at streamlining asset issuance, investment, and management. Read More: A Look Back at Avalanche 2022 Intain Inc is a
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Dogecoin’s price has surged following news that Twitter might integrate cryptocurrency payments. Meanwhile, MASK has experienced a dramatic price increase on the same news. Dogecoin (DOGE) and Mask Network (MASK) Surge After Twitter Hints at Crypto Payment Integration Despite CEO Elon Musk’s preference for fiat payments, Twitter might
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The Sandbox (SAND) is set to unlock 12% of its supply in mid-February, and this significant event has fueled a robust price surge, with SAND climbing 90% since the start of the year. The Sandbox (SAND) Surges 90% Since Year’s Start Ahead of $270 Million Unlock The metaverse platform
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After a period of market recovery, it seems that the issues surrounding DCG, Genesis, and GUSD (the stablecoin developed by Gemini) have temporarily settled. However, new developments this week suggest investors need to stay alert regarding GUSD. Negative News On the evening of January 30, OKX exchange announced it would
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Djed, Cardano's first algorithmic stablecoin, has officially launched on the mainnet after over a year of development and anticipation. Update on February 1, 2023: Less than a day after its launch, by the afternoon of February 1, over 1.7 million DJED tokens had been issued, with nearly
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Floki Inu DAO has approved a proposal to burn $100 million worth of tokens, leading to a dramatic 100% price increase for FLOKI over the past week. Floki Inu DAO Approves $100 Million Token Burn Proposal, FLOKI Price Skyrockets Floki Inu, a popular meme coin with a charming dog mascot,
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Bitcoin’s mining difficulty surged by 4.68% in the latest adjustment over the weekend, setting a new all-time high. Bitcoin Mining Difficulty (Gold) and BTC Price (Black) Fluctuations from Early 2020 to Present. Source: Glassnode In the biweekly adjustment on January 29, Bitcoin’s mining difficulty increased by 4.
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One of Cardano’s highly anticipated stablecoins, Djed, is set to launch next week. Cardano’s Djed Stablecoin to Launch Next Week According to recent updates, Cardano’s DEX platforms, MuesliSwap and MinSwap, will be launching liquidity pools for the Djed (DJED) stablecoin and its reserve token, Shen (SHEN), next
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Following the Lunar New Year holiday, the first week of February 2023 is set to bring a major macroeconomic event for the crypto market: the Federal Reserve’s interest rate decision. 68 Trading Plan (01/30 – 02/05/2023) – Be Cautious of Fed Interest Rate Decision Review of Last Week’
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On January 25, the OP token of Optimism surged to a new all-time high (ATH) of $2.555, the highest price ever recorded for this token and the peak value since August 2022. Since the start of 2023, OP has skyrocketed by 178%, rising from $0.918 to $2.555,
