Bitmain Halts Employee Salary Amid Financial Distress and Market Volatility

Bitmain Halts Employee Salary Amid Financial Distress and Market Volatility

Bitmain, a major ASIC manufacturer, has halted employee salary payments since September due to financial struggles amid market volatility and halted IPO plans. Key Takeaways Bitmain, once a juggernaut in the Bitcoin ASIC manufacturing space, has plunged into financial turmoil, as reported by a technology information service platform, Leiphone, resulting in the suspension of salary…

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Cardano Gears Up for Bullish Momentum Amidst Surge in Developer Engagement

Cardano Gears Up for Bullish Momentum Amidst Surge in Developer Engagement

Cardano sees a surge in developer projects, reaching 1,287, signaling a growing ecosystem. IOHK’s ongoing improvements and market projections hint at bullish momentum for ADA. Key Takeaways: Cardano is emerging as a popular blockchain platform with a mounting interest from developers. Recent data reveals that a whopping 1,287 projects are now being developed on Cardano,…

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Bitcoin sets New Record as One Million "Wholecoiners"  in Midst of Market Chaos

Bitcoin sets New Record as One Million “Wholecoiners”  in Midst of Market Chaos

Bitcoin, the largest cryptocurrency in the world, has achieved a significant milestone as the number of individuals who own at least one whole Bitcoin, known as “wholecoiners”, has exceeded one million as per Glassnode. Currently valued at over $27,432, a “wholecoiner” is someone who possesses a complete Bitcoin.  Bitcoin: Addressing Circulating Supply, Lost Coins, and…

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Bitcoin Price Tips Near 24K

Bitcoin Price Tips Near 24K

As per the data from IntoTheBlock, due to the price surge, 64% of the investors of bitcoin are now profiting from the enormous price increase that occurred in January. The Crypto Fear and Greed Index just recorded bitcoin’s (BTC) 11th successive day outside the “Fear” zone, making this the longest stretch of days without fear…

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