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Crypto billionaire Justin Sun has announced plans to revolutionize the stablecoin market with the launch of a gas-free stablecoin by the end of the year. The Tron founder aims to develop a solution that enables peer-to-peer...
Bitcoin's Price Slumps as Mt. Gox Moves $2.6 Billion Worth of BTC
Bitcoin's price took a hit as Mt. Gox moved a substantial amount of BTC to a new wallet, signaling possible preparations for repayment. The flagship cryptocurrency dropped by over 4% to $53,600,...
Survey Reveals Increased Interest in Cryptocurrency Among Americans amid Economic Uncertainties
The approval of a spot Ethereum ETF could potentially boost US Ethereum interest by 25%, according to a recent survey by Grayscale. This increase in interest is driven by economic uncertainties such as...
FTX $16 Billion Cash Injection: Potential Impact on Bitcoin and Solana Prices
In a groundbreaking development for the cryptocurrency industry, FTX, the exchange that collapsed in November 2022 under the leadership of convicted Sam Bankman-Fried, is set to distribute a massive $16 billion in...
Private Equity Firms Find Value in Bitcoin Miners Amid Rising AI Demand for Data Centers
Private equity (PE) firms are shifting their focus to bitcoin (BTC) miners as the demand for data centers to power artificial intelligence-related (AI) machines continues to rise. The energy-intensive...
Ethereum Price Dives Below $3,000 Support
Ethereum Price Plunges Below $3,000, More Losses Ahead?
In the world of cryptocurrency, Ethereum has been facing a tough time as its price remains in a bearish zone below the $3,250 mark. The digital currency recently took a dive...