Recent spikes in Google search queries related to cryptocurrencies have often signaled major market peaks, aligning with Warren Buffett’s advice to buy in doom and sell in boom. This pattern now appears in the market for AI-related tokens. Tokens like FET, RNDR, TAO, and GRT have seen their market value drop by up to 30% over the past week, according…
Month: June 2024
Sonic Raises $12M for Solana Gaming Blockchain
Sonic, a gaming-focused layer-2 blockchain built on Solana, has successfully raised $12 million in a recent funding round. The Series A round was led by Bitkraft and included investments from Galaxy Interactive and Big Brain Holdings. The funds will be allocated to expanding the Sonic protocol, which features game development tools tailored for the Solana ecosystem. According to the press…
Cleanspark Acquires 5 Bitcoin Mining Facilities in Georgia for $25.8 Million
Cleanspark Inc. has announced the acquisition of five new bitcoin mining facilities in Georgia for $25.8 million. The deal is expected to close immediately, increasing the company’s operating hashrate to over 20 EH/s by the end of the month. Publicly Listed Miner Cleanspark Obtains 5 New Mining Facilities The newly acquired sites, which range from […] Source: https://news.bitcoin.com/cleanspark-acquires-5-bitcoin-mining-facilities-in-georgia-for-25-8-million/
Beercoin Price Sinking but Expert Says This Sealana Meme Coin Could Explode Next
Solana-based cryptocurrency Beercoin has begun to show weakness after monumental early success. However, another Solana-based meme coin, Sealana, is just days out from its exchange launch, and analysts are hopeful that it could explode next. BEER Plunges Over 30% as Crypto Prices Tumble It’s been a challenging time for anyone who bought Beercoin this week […] Source: https://news.bitcoin.com/beercoin-price-sinking-but-expert-says-this-sealana-meme-coin-could-explode-next/
3 reasons why DOGE, PEPE and other memecoins are flashing red
Memecoins are underperforming the crypto market today, which could indicate that traders will pay more attention to BTC and ETH. Source: https://cointelegraph.com/news/3-reasons-why-doge-pepe-memecoins-flashing-red
Bitcoin Price Decline Continues, Dipping to $64,050 on Bitstamp
The price of bitcoin (BTC) fell below the $65,000 mark on Tuesday, reaching a low of $64,050 on Bitstamp. At 10:10 a.m. Eastern Time, BTC was trading at around $64,624 per coin. The last time BTC was in this price range was mid-May. Over the past 24 hours, $68.3 million in bitcoin long positions have […] Source: https://news.bitcoin.com/bitcoin-price-decline-continues-dipping-to-64050-on-bitstamp/
Inside Vanta DAO’s Path to Decentralization
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports NFT-gated investment DAO Vanta is making serious headway on its path to decentralization. Originally started as an investment syndicate by Josh Field and Mike Grantis in…
Ronin to scale Web3 games with new zkEVM
Sky Mavis co-founder Jeff Zirlin told Cointelegraph that the company is preparing for a future when it will have to handle 400 million to four billion transactions. Source: https://cointelegraph.com/news/ronin-launch-zkevm-web3-gaming
Bitmain’s New S21 Bitcoin Mining Rigs Debut With up to 473 TH/s of Hashpower
At the World Digital Mining Summit in Las Vegas, Bitmain, a leading manufacturer of application-specific integrated circuit (ASIC) bitcoin mining rigs, introduced two new mining machines. Both models—one air-cooled and one hydro-cooled—boast an efficiency rating of under 14 joules per terahash. Bitmain Introduces S21 XP and S21 XP Hydro Bitmain’s new Antminer S21 series mining […] Source: https://news.bitcoin.com/bitmains-new-s21-bitcoin-mining-rigs-debut-with-up-to-473-th-s-of-hashpower/
Fox, Time use blockchain to combat fake news
Fox’s Verify protocol is set to transition to its own zero-knowledge blockchain, enabling developers to create authentically provable projects and content. Source: https://cointelegraph.com/news/fox-time-blockchain-verify-combat-misinformation-press