Cryptocurrency Analysis and News Portal
A popular YouTube crypto analyst who goes by CoinsKid believes there is a possibility that XRP has bottomed out after its recent sharp decline, but he is urging his followers to remain patient and wait for more confirming price action before jumping in. In his latest video update on Friday, CoinsKid
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Bitfarms announces a $44 million private placement with U.S. investors to expand its Bitcoin mining infrastructure and strengthen its working capital. Bitfarms Ltd., a Canadian Bitcoin mining company, has initiated a private placement deal with U.S. institutional investors to raise approximately $44 million ($60 million CAD). This strategic deal, set to
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HTX and Poloniex are about to resume deposits and withdrawals, and Justin Sun announced an airdrop for affected users. Following the recent cybersecurity breaches of HTX and Poloniex, Justin Sun has announced an “epic airdrop” for users with assets on these platforms. The move comes as a gesture of goodwill and
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Tether previously made a similar announcement after losing in court twice when attempting to block a June 2021 FOIL request filed by CryptoX. That request pertained to documents produced during the New York Attorney General's inquiry on allegations that USDT, the U.S. dollar-pegged stablecoin that Tether issues, was not sufficiently
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BLUR, the native token of non-fungible token (NFT) platform Blur surged by 22% on Friday after being listed on Binance's convert feature. Source
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Planetarium Labs, a web3 gaming company, has released its open-world fantasy game Nine Chronicles on mobile. The game allows players to explore different environments, harvest resources, craft materials, customize their avatars, engage with others, and trade items for real money on the company’s blockchain. It also features realistic in-game mechanics and economics
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With smoking now banned, the age-old practice of paying for certain goods and services with cigarettes in prisons has given way to trading preserved fish. Bankman-Fried traded some pouches of "macks" for a haircut, the WSJ reported, citing people familiar with the matter. Source
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The meme coin market has been highly volatile this week, with Gorilla (GORILLA) crashing by over 30% since Nov. 22. Given the sell-off, investors have questioned whether GORILLA’s hype cycle is ending. Amid this, meme coin enthusiasts are exploring a new altcoin, Meme Kombat (MK), which recently launched its presale. Meme
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Over the past week, XNA has surged by 280%, with a 30% increase in just the last 24 hours, trading at $0.003988 as of press time. This remarkable rise has raised many eyebrows and questions among traders and investors. What is Neurai, and what are the factors behind its rapid
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Lucy Hu, a senior analyst at Metalpha, told CryptoX that the new peak in mining difficulty, driven by the recent price surge and the halving's proximity, will lead to the dominance of advanced rigs like the Antminer S21, benefiting firms with the latest equipment. Source
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