Bitcoin 'Halving' Event to Slash $10 Billion from Crypto Miners' Earnings
Apr 14, 2024 16:54 pm UTC| Technology Digital Currency
As Bitcoin approaches its anticipated halving event on April 20, crypto miners brace for a significant revenue drop that could cost the industry roughly $10 billion annually. This reduction, which slashes the daily...
Shibarium Skyrockets: Shiba Inu Layer-2 Records Nearly 350,000 Daily Transactions
Apr 14, 2024 16:41 pm UTC| Technology Digital Currency
Shibarium, the Layer-2 blockchain of Shiba Inu, has experienced a significant surge in activity, recording nearly 350,000 transactions in just 24 hours. This peak represents a 6,171% increase from the previous days,...
Mysterious 600 Million DOGE Moves to Binance Amid Market Crash
Apr 14, 2024 16:24 pm UTC| Technology Digital Currency
A staggering 600 million Dogecoin were transferred to Binance, causing ripples across the crypto community. The transaction, occurring just as global crypto values sharply declined, has fueled widespread speculation and...
Solana Drops 11% as Open Interest Plummets, Erasing Nearly $440M
Apr 14, 2024 16:06 pm UTC| Technology Digital Currency
Solanas open interest has decreased sharply by 21%, with the cryptocurrencys price dropping 11% to its lowest in over a month. This significant decline wiped out approximately $36.55 million in long positions as traders...
Bitcoin’s $256M Liquidation Amid Drop Spurs Analyst Debate on Market Health
Apr 14, 2024 13:37 pm UTC| Technology Digital Currency
Bitcoins recent 7% drop triggered a significant $256 million liquidation of long positions, yet analysts remain unfazed, attributing the fall to normal market cycles amidst geopolitical tensions. Analysts Downplay $256M...
Bitcoin Crashes to $61K, Sparks $700M in Liquidations; Altcoins Also Suffer
Apr 14, 2024 13:30 pm UTC| Technology Digital Currency
In a dramatic turn, Bitcoin tumbled to $61,000, triggering market-wide panic and $700 million in trader liquidations. This sudden drop intensified as altcoins recorded significant declines, shedding billions in market...
Huawei Set to Unveil Mate 70 in October, Featuring New Kirin Chip and Enhanced Camera
Apr 14, 2024 13:24 pm UTC| Technology Digital Currency
In a strategic move to extend its market lead, Huawei plans to launch the Mate 70 series this October. Although specific details remain undisclosed, the latest iteration promises a superior Kirin processor and enhanced...