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Core Scientific reports $210.7 million in Q1 net income, 2,825 BTC production
Core Scientific reported a $210.7 million net income for the first quarter on May 8. The change represents an increase of $211.1 million from the first quarter of 2023, when […]
Ethereum Price Looks Ready For Another Leg Higher Over If It Holds Support
Ethereum price is extended losses and tested the $2,940 support. ETH could start a fresh increase if it clears the $3,000 and $3,030 resistance levels. Ethereum remained in a bearish […]
ATO Seeks Data from Exchanges To Identify Tax Discrepancies
The Australian Taxation Office (ATO) is targeting approximately 1.2 million cryptocurrency-related accounts to tighten the noose on tax discrepancies. According to Reuters, this step marks an approach by the Australian […]
Trump’s potential return could catalyze major uptick in alt investments like Bitcoin – StanChart
A recent Standard Chartered report forecasts that a second term for Donald Trump could significantly boost Bitcoin and other digital assets as viable alternative investments. The report investigates how US […]
Analyst Predicts 5,600% Rally To $25
Cardano is currently in a downtrend, continuing to show bearish tendencies as its price trends below $0.5. However, where many have seen an altcoin that does not have many prospects, […]
Nigeria claims Binance’s bribery allegations are ‘blackmail’
The Nigerian government has refuted bribery allegations made by crypto exchange Binance, which were described as baseless and an attempt to distract from the company’s legal challenges in the country, […]
How High Can It Rise?
In a significant development, defunct cryptocurrency exchange FTX has unveiled a reorganization plan to reimburse almost all of its customers. The announcement has sparked a substantial surge in the exchange’s […]
Over $1 Billion Poured In For Two Straight Months
The crypto sector continues to exhibit strong growth and resilience, as evidenced by the consistent influx of venture capital (VC), surpassing the $1 billion mark for the second consecutive month. […]
Polkadot rolls out asynchronous backing to boost network efficiency and transaction speed
Polkadot has implemented asynchronous backing, a pivotal upgrade enhancing the network’s flexibility in blockspace allocation and overall performance. The upgrade is one of the three technological advancements, alongside Elastic Scaling […]