Author: John Smith
Bitdeer Technologies Group reported a $531.9 million loss for the fourth quarter of 2024, a sharp increase from the $5 million loss in the same period the previous year. Bitdeer, the blockchain and fast computing-focused company released financial results for the fourth quarter and full year of 2024. The company reported a net loss of $531.9 million for the quarter, compared to a $5 million loss in the same period last year. Total revenue for the fourth quarter of 2024 was $69 million, down from $114.8 million in the fourth quarter of 2023. The decline in revenue and increased net…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Cardano’s upgrade could fuel a rally to $6, but AI-powered FloppyPepe is stealing the spotlight with a potential 33,500% surge. The Cardano (ADA) Plomin hard fork upgrade has crypto investors buzzing, with some predicting its price could climb to $6. While Cardano pushes for gains, an AI-powered crypto, FloppyPepe (FPPE), is stealing the spotlight with a potential surge of 33,500%. Market-wide FOMO is fueling a rush toward the AI-powered crypto, with investors flocking to its low entry price of…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Analysts predict a Dogecoin surge to $69, citing historical trends, while WallitIQ emerges as a game-changer with its 0% swap fees. Dogecoin price history is filled with explosive rallies, and crypto analysts now suggests that another monumental surge could be on the horizon. According to crypto analyst Dogeolak, historical trends reveal strikingly similar breakout patterns, hinting that Dogecoin (DOGE) could reach an unprecedented price of $69. While speculation runs high, WallitIQ (WLTQ) could be a potential game-changer with an…
Illinois Senator Dick Durbin has introduced new legislation aimed at reducing fraud at cryptocurrency ATMs, a growing concern for law enforcement agencies. The Crypto ATM Fraud Prevention Act would impose transaction limits and require additional consumer protections to prevent scams that disproportionately target older adults. According to NBC News, Durbin’s bill would cap new users at $2,000 in daily transactions and $10,000 over a 14-day period. It would also require ATM operators to directly communicate with first-time users attempting transactions over $500 and provide full refunds for fraud victims who file police reports within 30 days. Advanced scammers The senator…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Lightchain AI is outpacing meme coins like Shiba Inu and Dogecoin with unique technology and real-world utility. Lightchain AI is quickly outshining top contenders like Shiba Inu (SHIB) and Dogecoin (DOGE). While meme coins have gained attention through community-driven hype, Lightchain AI offers long-term growth potential with its blend of blockchain and artificial intelligence. Priced at $0.006 during its presale and having already raised over $16.7 million, Lightchain AI is attracting investors looking for decentralized, scalable solutions that address…
Bitcoin trades at $86,930 on Tuesday. BTC price dropped below the $90,000 support level for the first time in over three months, generating a negative sentiment among traders. Crypto traders have turned “fearful” after nearly six months of “neutral” and “greed,” per the Crypto Fear & Greed Index. Amidst the Bitcoin (BTC) price correction, a new trend has emerged among institutional investors. A five-day streak of net outflows on U.S. based Spot Bitcoin ETFs raises concern among traders. Are institutional investors giving up on Bitcoin? Is the BTC bull runover? We investigate the on-chain and technical indicators to identify the…
Under President Trump, the U.S. Securities and Exchange Commission has stopped investigating several cryptocurrency and decentralized finance firms, including Coinbase, OpenSea, Robinhood, and now Uniswap Labs. Uniswap Labs, the creator of Ethereum’s most traded decentralized exchange, is no longer facing legal action from the Securities and Exchange Commission as the agency’s Crypto Task Force overhauled enforcement actions from previous leadership. Uniswap was previously accused of facilitating unregistered securities trading on its multi-chain decentralized exchange, acting as an unregistered broker-dealer, and operating an illegal clearinghouse according to a 2024 Wells notice and lawsuit from the agency. The decentralized finance startup denied…
Nasdaq has asked the Securities and Exchange Commission to list Grayscale Polkadot Trust shares, allowing investors to track polkadot prices more easily. Nasdaq Stock Market filed a proposal with the Securities and Exchange Commission to list and trade shares of the Grayscale Polkadot Trust under the Nasdaq rule for commodity-based trust shares, according to a recent filing. The trust, sponsored by two subsidiaries of Digital Currency Group, aims to provide exposure to polkadot, the native token of the Polkadot network. Screenshot of the Nasdaq filling (page 3). | Source: Sec.gov The filing, detailed in a Securities and Exchange Commission notice…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As institutions pivot to Ethereum ETFs, Lightchain AI creates a buzz with a $16.8m presale and real-world utility. As institutional investors adjust their portfolios, Bitcoin ETFs are becoming less appealing, while Ethereum ETFs are gaining significant traction. This shift signals a change in market sentiment, with Ethereum’s upgrades, scalability improvements, and real-world utility leading the charge. However, there’s another altcoin gaining attention — Lightchain AI. With its presale raising over $16.8 million, Lightchain AI is quickly becoming one of…
The European Union has targeted Russia’s largest sanctioned crypto exchange, though analysts note it has operated successfully under sanctions for years. On Monday, Feb. 24, the European Council introduced the 16th sanctions package, adding Russian cryptocurrency exchange Garantex to the list as it’s “closely associated with EU-sanctioned Russian banks.” Garantex appears to be one of the largest Russia-based crypto exchanges operating within the Kremlin’s view. The exchange has offices in Moscow’s Federation Tower skyscrapers and offers deposits and withdrawals of cash rubles to Russian bank cards, including Sberbank, Tinkoff, and Alfa-Bank, according to its website. The European Council’s sanctions against…