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Tag Archives: News

Donald Trump Launches New Mugshot Edition NFT Collection with Actual Pieces of Mugshot Suit and Tie

The new NFT collection will give users a chance to own an actual piece of the Trump mugshot suit and tie, and access to dinner at his resort. Former United States president Donald Trump has unveiled a new non-fungible token (NFT) collection for $99, called the “Mugshot Edition”. The collection references the billionaire businessman’s legal issues, allowing Trump to monetize the problem. As part of a new sale of “digital trading cards” NFT collection he launched late last year, Trump is...

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Solana (SOL) Price Analysis: Bulls Protecting Key Uptrend Support

Solana price started a downside correction from the $77.50 zone against the US Dollar. The price is now trading below $70.00 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $66.25 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must stay above the $66.00 and $62.00 support levels to start another increase. Solana price is trading above $62 against the US Dollar, like Bitcoin. SOL...

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Bitcoin Price Analysis: BTC Takes Hit To Trim Gains, $40K Is The Key

Bitcoin price started a downside correction from the $45,000 zone against the US Dollar. The price is now trading below $43,000 and the 55 simple moving average (4 hours). There was a break below a major bullish trend line with support near $43,500 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $40,450 support zone. Bitcoin price is correcting lower below $43,000 against the US Dollar....

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StakingRewards Releases Guide to ORBS Staking Ecosystem

The newly launched ORBS guide on StakingRewards provides token holders access to robust analytics for optimizing staking strategies. The customizable dashboards offer at-a-glance visibility into key metrics. StakingRewards, a leading staking information platform, has published a comprehensive guide catering specifically to ORBS token holders interested in staking on the Orbs blockchain network. The newly released guide offers useful metrics, comparisons, and tutorials to inform and assist...

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Binance Announces Resolution with US Agencies, Shares Compliance Improvement

Binance says it has agreed to a robust monitorship for its compliance and sanctions control programs. Popular crypto exchange Binance has revealed that it has made significant progress with regulators. This follows after its recent run-in with regulatory bodies such as the US Securities and Exchange Commission (SEC) and the (CFTC). In a Tuesday blog post, the exchange acknowledged that it may have done things a bit wrongly in the past. That is, it may have not considered how quickly it was...

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Bitcoin Mining Investment Commitments Hit $1.2B YTD as BTC Halving 2024 Approaches

Several companies are anticipating the changes expected from the Bitcoin halving next year and have pumped in more mining investments. The Bitcoin mining industry has consistently picked up steam over the last few months. According to a report from Bitcoin mining consultancy and PR firm BlocksBridge Consulting, Bitcoin miner investment commitments have crossed $1.2 billion year-to-date. In its Miner Weekly report, BlocksBridge Consulting notes that since the year began, twelve public...

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SEC, BlackRock, and Fidelity Iron Out Details for Potential Bitcoin ETF

As the SEC engages in detailed discussions with investment giants like BlackRock and Fidelity, the potential approval of a spot Bitcoin ETF seems to be moving closer to reality. The crypto market is abuzz following recent revelation that the Securities and Exchange Commission (SEC) engaged in discussions with major investment firms BlackRock Inc (NYSE: BLK) and Fidelity Investments, to iron out technical details for a potential spot Bitcoin Exchange-Traded Fund (ETF). Spot Bitcoin ETF and...

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Consumer Price Index (CPI) for November 2023 Rises 3.1% Year-over-year

In November, the Consumer Price Index for All Urban Consumers (CPI-U) in the United States, which gauges prices consumers pay for a wide variety of goods and services experienced a slight uptick of 0.1%, signifying a 3.1% increase from the corresponding period in the previous year. The new figure represents a slight decline from the  3.2% recorded in October on a yearly basis while the monthly rate reflected an improvement from the stagnant CPI reading two months ago. Major...

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Cathie Wood’s Ark Invest Offloads Massive GBTC and Coinbase Shares, Eyes AI Push

While Cathie Wood has been aggressively selling off her investments in crypto firms, she’s making fresh bets in the AI space acquiring shares of top tech companies like Microsoft and Meta. Cathie Wood’s Ark Invest has been doing massive capital rotation by offloading its crypto investments and eyeing a push into AI. Ark Invest executed its most substantial sale in over a year by divesting approximately $12.85 million in Grayscale Bitcoin Trust (GBTC) shares from its Next Generation...

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Active Addresses on Litecoin Network Reach Record High Four Months after LTC Halving

The number of daily transactions on the Litecoin network reached an all-time high of 1.09 million on November 14, surpassing even Bitcoin’s transaction count of around 523,284 at the same time. In a remarkable turn of events, the Litecoin (LTC) network has experienced an impressive surge in active addresses, achieving a new all-time high merely four months after the recent halving in August. As of December 8, 2023, blockchain data analytics company IntoTheBlock said the protocol had...

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