Bitcoin saw a short-lived price increase following the U.S. jobs report for September 2024, which showed a weaker-than-expected gain of just 99,000 jobs, well below the forecasted 144,000. This sparked speculation about a potential interest rate cut by the...
Zest Protocol, backed by Binance Labs, has launched BTCz, a new yield-bearing token aimed at boosting Bitcoin's decentralized finance (DeFi) ecosystem. BTCz allows Bitcoin holders to stake their assets and earn yield through the Babylon Protocol, a trustless staking...
In the first two months of Q3 2024, more than 600 Bitcoin ATMs were removed from service worldwide, with the United States leading the charge. This significant reduction in the number of machines comes as regulatory authorities ramp up...
What is Mercuryo?
Mercuryo is a global fintech company that provides payment solutions across both traditional fiat and cryptocurrency realms. Founded in 2018, the company focuses on creating seamless and secure payment infrastructure for businesses. It offers a range of...
What is Mastercard?
Mastercard Inc. is a global leader in payment solutions, facilitating secure, convenient, and fast transactions across more than 210 countries. Founded in 1966 as Interbank Card Association, the company was established to compete with BankAmericard (now Visa)....
ZachXBT is a pseudonymous blockchain investigator renowned for his work in exposing cryptocurrency fraud, scams, and unethical behavior within the industry. With no publicly known identity, ZachXBT has emerged as a trusted figure in the crypto world, utilizing on-chain...
Mastercard has teamed up with Mercuryo, a European crypto payments provider, to introduce a new euro-denominated debit card. This innovative card allows users to spend cryptocurrencies like Bitcoin and Ethereum directly from self-custodial wallets at more than 100 million...
ZachXBT, a renowned crypto analyst and on-chain investigator, has called attention to the poor quality of block explorers on several Layer-1 (L1) blockchains. In a September 2024 post, he pointed out the stark usability differences between various block explorers,...
What is Sabre56?
Sabre56 is a blockchain and cryptocurrency consulting firm that specializes in designing and managing high-performance data centers for Bitcoin and other digital asset mining operations. Founded in 2021, Sabre56 offers solutions to help miners scale their operations...
Bitcoin's network activity has experienced a notable decline over the past six months, with transaction volumes dropping by 30%. This trend coincides with a period of stagnation in Bitcoin's price, leading to reduced market engagement and a general sense...
The open interest for Dogwifhat (WIF), a Solana-based memecoin, surged by 16%, reaching $231.48 million in futures contracts since August 31. This increase has attracted significant attention, especially as the asset's price has remained stagnant around $1.57, down 17%...
Branden Sedo, a Core DAO contributor, predicts that Bitcoin's decentralized finance (DeFi) Total Value Locked (TVL) will surpass Ethereum's within two years. Speaking at Korea Blockchain Week, Sedo highlighted that Bitcoin's $1 trillion ecosystem has untapped potential to move...
Transitioning cryptocurrency mining sites into AI data centers is far from straightforward, according to Phil Harvey, CEO of Sabre56. One of the biggest hurdles is cost. While running a commercial crypto mining facility typically costs between $300,000 and $350,000...
Bitcoin’s price can fluctuate drastically, making it difficult to predict how low it might go. Analysts have outlined several potential price floors based on both technical and fundamental factors.
Short-Term Predictions for 2024
Bitcoin's price could see significant drops in the...
The role of cryptocurrency enthusiasts, or "crypto voters," in the 2024 U.S. elections has been the subject of debate among political scientists. While some argue that the crypto community could form a significant voting bloc, others are more skeptical...
The U.S. Securities and Exchange Commission (SEC) has once again delayed its decision on the approval of an eco-friendly Bitcoin exchange-traded fund (ETF). This fund, proposed by Tidal Investments and filed by NYSE Arca, combines Bitcoin holdings with carbon...
Who is Emin Gün Sirer?
Emin Gün Sirer is a prominent Turkish-American computer scientist, recognized for his groundbreaking work in blockchain and cryptocurrency. He is the founder and CEO of Ava Labs, the company behind the Avalanche blockchain, and a...
What is Ava Labs?
Ava Labs is a blockchain technology company known for developing the Avalanche platform, a high-performance blockchain ecosystem designed for decentralized applications (dApps) and digital assets. Founded in 2018, Ava Labs focuses on creating an open, programmable...
Who is Zhang Zhidong?
Zhang Zhidong, also known as Tony Zhang, is a Chinese entrepreneur and co-founder of Tencent, one of the largest internet and technology companies in the world. As the former Chief Technology Officer (CTO) of Tencent, Zhang...
Who is Ma Huateng?
Ma Huateng, also known as Pony Ma, is a Chinese tech entrepreneur and co-founder of Tencent, one of the world's largest internet and technology companies. His leadership has positioned Tencent as a major force in social...