Crypto news

2024 will see the continued popularity of cloud mining as a way for people to mine cryptocurrencies passively without the need for costly gear or specialized knowledge. As the market develops, a few platforms stand out as the leaders in offering dependable and lucrative cloud mining services. Here, we list the best seven Bitcoin cloud mining services for 2024, emphasizing each one’s special qualities and advantages.Choose the #1 investment platform NFTCOLO, sign up to get a $100 bonus, and...

The political and cryptocurrency worlds are abuzz as former President Donald Trump announced Vance his Vice President elect. This momentous event is sending shockwaves through the political sphere and has significant implications for the MAGA VP ($MVP) token, which stands at the intersection of politics and crypto. MAGA VP ($MVP): The First Vice President Token The MAGA VP ($MVP) token is the first cryptocurrency to be directly linked to a vice-presidential announcement. This unique...

Scroll, a ZK rollup Layer 2 network, is up 23% over the past seven days to reach a TVL of $1.03 billion, according to L2Beat data. Meanwhile, the total value locked for all Ethereum Layer 2s is up 12.04% over the last week to reach $42.04  billion. Scroll Hits $1 Billion TVL Scroll has become the 8th Ethereum Layer 2 network to surpass a TVL of $1 billion. Of this total value, ETH accounts for 87.29%, stablecoins 11.11%, and other assets 1.60%. The network has recently...

Over $35 million in stolen funds from the infamous $305 million DMM Bitcoin hack have been laundered via Huione Guarantee, an online marketplace operated by the Cambodian conglomerate Huione Group. It is interesting to note that this platform is part of a company linked to the Cambodian ruling family and has emerged as a significant hub for illicit funds in Southeast Asia, frequently utilized by criminal organizations, including pig butchering gangs. DMM Hack Funds Through...

TL;DR The cryptocurrency market added $200 billion recently, with BTC and ETH seeing significant rises. Cat-themed tokens witnessed even more substantial gains, with one such asset rising to an all-time high. Following an assassination attempt on Donald Trump, Trump-themed meme coins experienced notable price increases, benefiting some early investors. The Newest Member of the Club The cryptocurrency market has flashed green as of late, adding approximately $200 billion in...

The broader market exhibited signs of recovery following intense sell pressure fueled by the German government’s decision to dump its entire reserves, and prominent altcoins, including Chainlink (LINK), recorded notable surges. Further fueling this bullish narrative are several unknown entities, likely a whale or an institutional investor, who have continued to add LINK tokens to their stash. LINK Accumulation The latest data shared by Lookonchain suggests that 93 newly...

It’s pretty much been up only for XRP throughout the past few days. In fact, it’s the best-performing cryptocurrency from the top 20 by means of total market capitalization, increasing by more than 25% in the last week. As CryptoPotato reported earlier, there are a few possible reasons for that, but perhaps the most important one is the renewed optimism that Ripple Labs will get a positive resolution of its case against the US Securities and Exchange Commission. Many believe...

BlackRock CEO Larry Fink spoke on Monday on why he was wrong to be a skeptic on Bitcoin and crypto before properly studying the asset class. His firm’s newly published Q2 earnings showcased a record $10.65 trillion AUM for the investment manager, in small part thanks to inflows to its Bitcoin ETF product launched in January. Larry Fink’s Bitcoin Awakening “As you know… I was a proud skeptic,” said Fink during an interview with CNBC’s Jim Cramer on Monday. “I studied it,...

BlackRock, the world’s largest asset manager, reported a milestone in its second-quarter financial results, as assets under management (AUM) soared past the $10 trillion mark. The company reported an AUM of $10.6 trillion, marking a 13% increase from the previous year’s $9.43 trillion. BlackRock’s Q2 Performance According to the report, BlackRock’s earnings per share (EPS) rose to $9.99 from $9.06 a year earlier, with revenue increasing by 7.7% to $4.8 billion. Total revenue...

As Dogecoin (DOGE) and Shiba Inu (SHIB) begin their recovery from the recent crypto crash, the ETFSwap (ETFS) token enjoys sustained bullish momentum that could lead the meme coin rally in Q3 2024.  Dogecoin’s Worst Days Are Likely Over  Dogecoin (DOGE) may yet see some bullish momentum if it manages to recover above the $0.12 price. A correction between 50%-60% was on the way for Dogecoin as it headed toward a recovery.   An analyst and co-founder of Mechanism Capital, Andrew Kang,...