Ethereum Blockchain’s Q1 2024 Success: Unveiling The Factors Behind The $370M Profit Surge
Not only has Ethereum (ETH) seen an impressive rise of nearly 100% in the first…
Not only has Ethereum (ETH) seen an impressive rise of nearly 100% in the first quarter of 2024 in terms of price action, but the Ethereum blockchain has also generated substantial profits of up to $369 million during this period. This unexpected profitability has raised questions about how a blockchain like Ethereum can be profitable. …
Dubai, UAE, April 18th, 2024, Chainwire Mind Network and Io.net are partnering to take on centralized AI. Mind Network brings its advanced Fully Homomorphic Encryption (FHE) solution to Io.net’s decentralized compute platform to help galvanize Io.net’s product security and boost its ability to service the global GPU shortage. This partnership will significantly improve security and…
According to a South China Morning Post report, Hong Kong customs officers have apprehended three individuals in connection with a massive HK$1.8 billion ($228 million) money-laundering operation that exploited a crypto platform and bank accounts associated with shell companies. The arrests were made following an investigation into suspicious activities involving “abnormally frequent” and large transactions…
[PRESS RELEASE – Dubai, United Arab Emirates, April 18th, 2024] COG plans to widen its global presence in the US, EU, Middle East & Africa, and Asia in 2024 The company aims to onboard 100 million users by 2026 COG intends to scale rapidly through strategic investments and partnerships. It seeks to establish itself as…
There is a bullish market sentiment surrounding the upcoming Bitcoin halving event, set to occur on April 20, 2024. Here, the reward gained for mining BTC will be cut in half, or in other words, will move from 6.25 to 3.125. As a result, many began to diversify their holdings, and out of thousands of…
BlockDAG (BDAG), with its groundbreaking architecture and its growth in value, has surged a remarkable 500% as it sees a price jump to $0.006 in its upcoming batch, eclipsing market attention from the likes of Shiba Inu and XRP. As its presale catapults beyond $18.2 million, it’s clear: the crypto world is witnessing a seismic…
Amidst the ongoing fluctuations in the cryptocurrency market, the price of Bitcoin has surged by 1.7% in the past 24 hours, hovering above the $62,000 mark. However, recent warnings from CryptoQuant, a leading crypto analytics platform, suggest that Bitcoin could face a significant downturn to $52,000 if specific key levels are violated. This cautionary note…
Despite Hong Kong’s ETF approval, Ethereum sees increased liquidations and bearish sentiment, with shorts rising by 54%. Ethereum faces price volatility due to geopolitical tensions and regulatory concerns, dipping below $3,000 briefly this week. Ethereum (ETH), the second-largest cryptocurrency by market capitalization, faced significant price volatility this week, briefly dipping below the $3,000 mark. This…
On-chain data shows the Bitcoin “accumulation addresses” have observed all-time high inflows following the latest asset price slump. Bitcoin Accumulation Addresses Have Aggressively Bought The Dip As an analyst in a CryptoQuant Quicktake post pointed out, the total Bitcoin inflows going towards the accumulation addresses have set a new all-time high recently. The “accumulation addresses”…
Public interest in the ‘Bitcoin halving’ is gaining steam as Google searches for the term have now risen to their highest level in history. According to Google Trends data, interest in the term began steadily ramping up at the start of 2024. Beginning with a score of 9 in January, interest in the “bitcoin halving’…