Cryptocurrency

A collection of 117 posts

Cryptocurrency

Core Scientific Reports Steep Revenue Decline in Q1 2025 Amid Strategic Pivot, But Net Income Surges

Core Scientific, a prominent Bitcoin mining and data center infrastructure provider, reported a sharp revenue decline in its Q1 2025 earnings while simultaneously achieving a substantial increase in net income — a contrast that underscores the company’s ongoing strategic transformation. The firm’s total revenue fell 55.7% year-over-year, dropping

Cryptocurrency

Sui Network Surges Past 1 Million Daily Wallets as Ecosystem Growth Accelerates

The Sui Network (SUI) is experiencing a rapid resurgence in 2025, firmly placing itself among the top 10 altcoins by market capitalization (excluding stablecoins). Despite a comparatively smaller market cap than some of its Tier-1 peers, Sui is showing signs of accelerated adoption, unique user engagement, and growing institutional interest.

Cryptocurrency

Revolut Taps Lightspark to Supercharge Bitcoin Transactions Across UK and Europe

London, UK – In a significant move toward faster and more efficient cryptocurrency transactions, leading fintech firm Revolut has announced a partnership with Lightspark, a company building infrastructure on the Bitcoin Lightning Network. The collaboration aims to streamline Bitcoin payments for users in the UK and select countries within the European

Cryptocurrency

Shiba Inu (SHIB) Drops 10% but Technical Indicators Suggest a Potential Rebound

Shiba Inu Price Falls 10%, but Bullish Divergence Sparks Hope for Recovery Shiba Inu (SHIB), the popular meme-based cryptocurrency, has seen a nearly 10% decline over the past week, bringing its price down to $0.000012. Despite this downward movement, both technical and on-chain data suggest that a price recovery

Cryptocurrency

Melania Meme Coin Team Sells $4.6M in Tokens Amid Price Crash, Sparking Investor Concerns

Melania Meme Coin Faces Scrutiny as Team-Linked Wallets Dump $4.6 Million in Tokens The Solana-based meme coin MELANIA, inspired by former U.S. First Lady Melania Trump, is drawing mounting criticism after a series of high-volume token sell-offs by wallets allegedly linked to the project’s core team. On

Cryptocurrency

Ethereum Faces Developer Shift to Solana as Calls Grow for Strategic Overhaul

Ethereum at a Crossroads as Builders Migrate Toward Solana’s Streamlined Ecosystem Ethereum, long regarded as the backbone of decentralized application (dApp) development, is now facing a critical inflection point. As competing blockchain Solana gains momentum, experts are warning that Ethereum’s current strategy—particularly its reliance on hackathons—may

Cryptocurrency

Kraken Reports $472M Q1 Revenue Surge as Market Volatility and Strategic Moves Fuel 19% Growth

Kraken’s Q1 2025 Revenue Soars Amid Market Volatility and Strategic Expansion Kraken, one of the longest-established cryptocurrency exchanges in the U.S., reported a strong start to 2025, posting $472 million in revenue for the first quarter — a 19% increase compared to the same period last year. The growth

Cryptocurrency

Visa and Bridge Launch Stablecoin-Backed Cards to Expand Crypto Payments Across Latin America

Visa and Bridge Team Up to Bring Stablecoin-Backed Payment Cards to Latin America In a move that signals growing momentum for cryptocurrency adoption in everyday transactions, Visa has partnered with Bridge, a crypto infrastructure startup recently acquired by Stripe, to launch a new product that allows stablecoin-backed cards to be

Cryptocurrency

Coinbase to List Worldcoin as OpenAI Social Media Rumors Spark Investor Buzz

Coinbase Lists Worldcoin Amid Speculation of OpenAI-Backed Social Media Project Coinbase has officially added Worldcoin (WLD) to its listing roadmap, igniting a wave of speculation around a potential OpenAI social media platform. The timing of the announcement—just hours ahead of a highly anticipated update from Worldcoin co-founder and OpenAI

Cryptocurrency

Altcoins Defy Crypto Market Slump: ALPACA, INIT, and HOUSE Surge Amid Broader Downturn

April 30, 2025 — While the global cryptocurrency market has faced a $16 billion drop in total capitalization over the past 24 hours, a few standout altcoins have captured the attention of investors by bucking the bearish trend. Among the top performers today are Alpaca Finance (ALPACA), Initia (INIT), and Housecoin

Cryptocurrency

Lender Nexo Reenters U.S. Market as Regulatory Climate Warms

In a notable turn for the digital finance sector, crypto lender Nexo has announced its return to the U.S. market, two years after regulatory scrutiny forced its exit. The move reflects a broader shift in the regulatory landscape that may signal renewed opportunity for blockchain-based financial services across the

Cryptocurrency

Trump’s $1 Billion Dubai Tower to Accept Bitcoin for Luxury Condos

The Trump Organization has announced plans to accept cryptocurrency—specifically Bitcoin—for real estate purchases at its upcoming $1 billion development in Dubai, marking a notable step toward integrating digital assets into the luxury property market. The Trump International Hotel and Tower, a joint venture with London-listed developer Dar Global,

Cryptocurrency

Tether’s $1 Billion USDT Mint on Tron Sparks Optimism for Crypto Bull Run

Tether's Latest $1 Billion USDT Minting on Tron Fuels Bullish Hopes in Crypto Markets Tether, the largest issuer of stablecoins globally, has minted an additional $1 billion USDT on the Tron blockchain, signaling a potential wave of bullish momentum in the cryptocurrency sector. This latest issuance, announced today,

Cryptocurrency

Global Government Bitcoin Holdings Fall Over 12% in a Year, CoinGecko Reports

Government-held Bitcoin reserves have dropped sharply over the past year, according to a new analysis by CoinGecko. As of now, national governments collectively hold approximately 463,741 BTC — about 2.3% of the total Bitcoin supply — marking a notable 12.4% decrease from 529,591 BTC less than a year

Cryptocurrency

Satoshi Disappear Day: Reflecting on Bitcoin's Evolution and Gavin Andresen’s Meeting with the CIA

Today marks Satoshi Disappear Day, a milestone first suggested by early Bitcoin contributor Kiba back in 2011. The day commemorates not only the enigmatic departure of Bitcoin’s creator, Satoshi Nakamoto, but also the resilience and self-sufficiency of the Bitcoin community ever since. Kiba’s original message to the Bitcointalk

Cryptocurrency

Crypto Whales Boost TRUMP Token Holdings Amid Political Controversy and Market Surge

Crypto Whales Accelerate TRUMP Token Accumulation Despite Growing Political Scrutiny Despite mounting political controversy surrounding the Trump Gala Dinner, major cryptocurrency investors — often called "whales" — continue to accumulate significant amounts of the TRUMP token, a meme coin tied to the Trump family name. Recent blockchain data highlights a

Cryptocurrency

Top 3 AI Coins to Watch This Week: Story (IP), Virtuals Protocol (VIRTUAL), and GRASS

As the first week of May unfolds, AI-focused cryptocurrencies are once again taking center stage. Story (IP), Virtuals Protocol (VIRTUAL), and GRASS have emerged as key projects to watch, each offering distinct dynamics that reflect broader trends in the crypto and AI sectors. Story (IP): Steady Fundamentals Amid Slow Momentum

Cryptocurrency

Crypto Whale Invests Over $5 Million in TRUMP Token Amid Presidential Dinner Invitation Frenzy

Crypto Whale Invests Over $5 Million in TRUMP Token Amid Presidential Dinner Invitation Frenzy A major crypto whale has made headlines after investing over $5 million into the TRUMP meme coin, aiming to secure a coveted invitation to dine with former U.S. President Donald Trump. On April 26, blockchain

Cryptocurrency

Bitcoin Market Sentiment Turns to Greed in April as Whale Accumulation Accelerates

April has brought a wave of optimism to the cryptocurrency market, with investor sentiment shifting dramatically from fear to greed. Following a 25% recovery in Bitcoin’s price since early April, on-chain data now points to a strong resurgence in market confidence—particularly among large-scale holders, or "whales."

Cryptocurrency

Altcoins Rapidly Decline Against Bitcoin: New Study Reveals Alarming Trends

A new study from Bitcoin-focused financial firm Swan has shed light on a concerning trend for altcoin investors: the vast majority of alternative cryptocurrencies are losing value at a staggering pace when measured against Bitcoin (BTC). The findings reinforce Bitcoin's reputation as a more resilient asset in the

Cryptocurrency

Canary Capital Registers Staked SEI ETF in Delaware, Reflecting Growing Institutional

Canary Capital, a prominent investment manager, has officially registered a statutory trust for a staked Sei (SEI) exchange-traded fund (ETF) in Delaware. This marks an important first step toward the potential launch of the product, which aims to provide investors with passive income through staking rewards alongside market exposure. The

Cryptocurrency

Zora Airdrop Sparks Confusion After Surprise Token Launch Without Announcement

In a move that left many users puzzled, decentralized social media platform Zora launched its new ZORA token without an official announcement or claim link — triggering backlash across the crypto community. The memecoin, built on Ethereum’s Layer-2 Base network, debuted on Wednesday with no prior communication from the development

Cryptocurrency

TRUMP Meme Coin Soars 50% After Exclusive Dinner Invitation From U.S. President to Top Holders

In a surprising twist blending politics and cryptocurrency, the TRUMP meme coin has surged 50% in value following an announcement that the top 220 token holders will be invited to an exclusive gala dinner with the U.S. President. Even more remarkably, the top 25 holders will receive a VIP

Cryptocurrency

Cantor Fitzgerald Plans $3 Billion Bitcoin Initiative with SoftBank, Tether, and Bitfinex

In a bold move signaling renewed confidence in digital assets, Cantor Fitzgerald is reportedly preparing to launch a $3 billion bitcoin investment venture alongside major partners SoftBank, Tether, and Bitfinex. The Financial Times broke the story, citing individuals familiar with the matter. The initiative is being spearheaded by Cantor’s

Cryptocurrency

Meme Coin Market Surges: DICKBUTT Leads with 81% Rally as POPCAT and FARTCOIN Gain Momentum

Meme Coins Rally as Market Cap Tops $52B: DICKBUTT, FARTCOIN, and POPCAT Catch Investor Attention The meme coin market is experiencing a strong resurgence, with its total market capitalization jumping over 7% in the past 24 hours to reach $52 billion. Amid this rally, small-cap tokens are leading the charge