Despite the Super Bowl's reputation for being one of the most watched sporting events globally, with its viewership consistently exceeding 100 million annually since 2010, the crypto exchange Kraken has expressed disinterest in leveraging this platform for advertising. This stance highlights a strategic pivot within the crypto advertising sector, moving away from the spectacle and towards more substantive engagement with potential users worldwide.
CleanSpark Inc., a prominent player in the Bitcoin mining industry, is on the brink of a major expansion that promises to double its hash rate capacity in the first half of 2024. This strategic move is timed perfectly with the upcoming Bitcoin halving event, positioning CleanSpark to capitalize on the changing dynamics of the cryptocurrency mining landscape.
The dynamic world of cryptocurrency never sleeps, and today was no exception. From groundbreaking developments in regulatory discussions to innovative methods of bypassing security measures, the crypto landscape continues to evolve. Here's a detailed look at the key events that shaped the crypto space today.
Further fueling these suspicions was a claim by Coinbase director Conor Grogan, who identified patterns of trading activity suggesting that some traders were purchasing tokens minutes before their listing on Binance was announced and selling them shortly after, potentially indicating foreknowledge of the listings.
Cryptocurrency enthusiasts and investors should keep a close eye on XRP, as several indicators suggest potential price declines in the near future. Here's a breakdown of the four warning signs that XRP bulls need to be aware of:
The world of cryptocurrency never sleeps, and today was no exception. From Terraform Labs' strategic bankruptcy filing to Germany's massive Bitcoin seizure and Coinbase's new conversion fees, let's dive into the day's most significant crypto developments.
The cryptocurrency market witnessed a significant shift as Fidelity's spot Bitcoin exchange-traded fund (ETF) recorded a remarkable $208 million in daily inflows on January 29. This surge not only marked a milestone for Fidelity's FBTC but also notably offset the outflows from Grayscale Bitcoin Trust (GBTC) for the first time since its inception.
The cryptocurrency landscape is constantly evolving, and today was no exception. From Solana's decentralized exchange (DEX) Jupiter topping trading volumes to the ongoing legal tussle between the SEC and Binance, and the profitability concerns of Bitcoin miners post-halving, let's dive into the key developments in the crypto world today.