On Wednesday, the price of Bitcoin dropped below $69,000 before the release of U.S. inflation data. The largest digital asset based on market value was priced at $68,966, representing a 2.40% decrease from the previous day, according to CoinMarketCap. Meanwhile, the GM 30 Index, comprised of the top 30 cryptocurrencies, experienced a 2.97% decline to … Read more
In simpler terms, before the release of the U.S. Consumer Price Index report, there was a pessimistic outlook in the cryptocurrency market, but the stock markets ended with gains instead. Based on information from CoinGecko, the overall value of the cryptocurrency market decreased by 2.1% within the last 24 hours and currently stands at approximately … Read more
A venture studio called Thesis, which operates within the Bitcoin community, has unveiled its new project: Mezo, a Layer-2 Bitcoin platform. With Mezo, Bitcoin owners can generate income by staking their assets. The announcement was made after Thesis secured a $21 million Series A funding led by Pantera. Bitcoin Layer-2 Mezo Launches During the recent … Read more
On April 9, 2024, within the next ten days, an important event called the Bitcoin halving will take place. The vast crypto market, currently worth approximately $2.81 trillion, is holding its breath in anticipation. Bitcoin Halving is an automatic process that occurs approximately every four years, reducing the rewards for miners who validate transactions by … Read more
Taiwanese authorities have accused the founder of ACE Exchange, David Pan, and six other people of involvement in a money laundering scheme worth at least $10.7 million. ACE Exchange, a major trading platform in Taiwan, is among the businesses implicated in this fraudulent activity. On Mondays hearing, the prosecution team announced that ACE is under … Read more