The bitcoin mining machine maker Bitmain is gearing up to roll out a new production line in the U.S., focusing on its application-specific integrated circuit (ASIC) equipment. Bitmain Launches U.S. Production Bitmain shared on Monday through an X post that it plans to kick off a new production line in the United States. “Bitmain is […] Source: https://news.bitcoin.com/bitcoin-asic-maker-bitmain-shifts-gears-with-us-production-line-amid-incoming-trump-administration/
Month: December 2024
Drive-and-Earn Platform Dimo Swaps Ethereum Networks, From Polygon to Base
Dimo, a platform for developers to build apps and enable car drivers to monetize their data, is migrating between Ethereum scaling networks, the developers exclusively told Decrypt—from Polygon to Coinbase’s Base. Co-founder Rob Solomon believes the move opens doors for valuable partnerships ahead. The project is a “global API layer for cars” that is aiming to make every car on…
Mark Yusko predicts crypto bear market to hit in mid-2025
Morgan Creek Capital CEO Mark Yusko shares his 2025 crypto predictions, including Bitcoin’s growth potential and outlook on altcoins, in an exclusive Cointelegraph interview. Source: https://cointelegraph.com/news/mark-yusko-crypto-predictions-2025?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ripple CEO criticizes 60 Minutes for not including info on XRP ruling
The Dec. 8 segment on the news program featuring Brad Garlinghouse did not mention that a federal judge ruled XRP was not a security in specific cases. Source: https://cointelegraph.com/news/ripple-brad-garlinghouse-60-minutes-xrp-security?utm_source=rss_feed&utm_medium=rss%3F_%3D1733763335951&utm_campaign=rss_partner_inbound
Ripple CEO criticizes 60 Minutes for not including info on XRP ruling
The Dec. 8 segment on the news program featuring Brad Garlinghouse did not mention that a federal judge ruled XRP was not a security in specific cases. Source: https://cointelegraph.com/news/ripple-brad-garlinghouse-60-minutes-xrp-security?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
XRP has 'most powerful chart in crypto' after breaking a 7-year price trend
XRP’s “bullish pennant” could send it to $3.80 before the end of the year. Source: https://cointelegraph.com/news/xrp-has-most-powerful-chart-in-crypto-after-breaking-a-7-year-price-trend?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Stablecoins Break $200B Mark as Ethena’s Yield-Bearing USDE Supply Soars 89%
The stablecoin market has crossed an impressive $200 billion in value, with the top three fiat-pegged tokens experiencing notable growth over the past month. Ethena’s USDE has taken center stage, climbing over 89% since Nov. 9. USDE Supply Soars, USD0 Issuance Climbs a Staggering 91% As of Monday, Dec. 9, stablecoin data from coingecko.com and […] Source: https://news.bitcoin.com/stablecoins-break-200b-mark-as-ethenas-yield-bearing-usde-supply-soars-89/
Celebrating Bybit’s 6th Anniversary: Tune in Bybit’s Livestream for Surprises, Global Icons, and Exclusive Rewards
DUBAI, UAE, Dec. 9, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is inviting its global community to celebrate six years of innovation and success. The milestone event will take place on Dec. 9, 2024, and will be broadcast live, offering participants worldwide an opportunity to be part of the festivities. A Star-Studded Celebration The event…
Crypto Shockwave: Meme Tokens Outperform Bitcoin and Ethereum in a Down Market
Kicking off the week, meme coins are stealing the spotlight amid a widespread dip in the crypto economy. Monday’s trading saw tokens like pepecoin network, fartcoin, and baby doge coin pulling ahead as the few standouts in an otherwise lackluster market. Several Meme Tokens Thrive Despite 3.4% Market Decline The broader crypto economy has dropped […] Source: https://news.bitcoin.com/crypto-shockwave-meme-tokens-outperform-bitcoin-and-ethereum-in-a-down-market/
5 reasons crypto dino coins like XRP, Tron and ADA are going parabolic
A swathe of older altcoins colloquially known as “dino coins” have rallied while many of the newer tokens have stalled; analysts explain some of the reasons why. Source: https://cointelegraph.com/news/5-reasons-crypto-dino-coins-xrp-tron-ada-going-parabolic?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound