Category: drop

Following BTC’s Price Drop, Bitcoin Miners Benefit From a 2.35% Difficulty Reduction

Following BTC’s Price Drop, Bitcoin Miners Benefit From a 2.35% Difficulty Reduction

During the past week, Bitcoin’s hashrate has dropped a few percentages after reaching 288 exahash per second (EH/s) on June 8, 2022. Bitcoin miners, however, got a break on Wednesday, June 22, as the mining difficulty dropped by 2.35% making it easier for miners to find blocks. The 2.35% drop brings the difficulty down to […]

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Crypto Businessman Disappears as ‘First Greek Cryptocurrency’ Collapses

Crypto Businessman Disappears as ‘First Greek Cryptocurrency’ Collapses

The man who was at the helm of the company behind what’s become known as Greece’s first cryptocurrency has allegedly caused the coin’s price to sink as he disappeared this month. The executive was off the radar for about two weeks before finally telling the press he will soon return, rejecting accusations he has crashed […]

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Winners of the Twitter NFT giveaway have formed a group to retain their value

Winners of the Twitter NFT giveaway have formed a group to retain their value

Quick Take The winners of Twitter’s recent NFT giveaway have come together to form an organization with the goal of maximizing the value of their new collectibles.  The group already has nearly 50 of the Twitter NFT owners as well as two representatives from Twitter itself. Since the giveaway, some owners have sold their pieces, […]

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Bitcoin Dips as Elon Musk Tweets Broken Heart Emoji

Bitcoin Dips as Elon Musk Tweets Broken Heart Emoji

The price of the leading cryptocurrency took a hit after billionaire Elon Musk mentioned Bitcoin in a new tweet hinting at a breakup. Musk’s latest crypto post, featuring a broken heart emoji and a reference to a Linkin Park song, effectively halted this week’s market rebound. Musk Tweet Pushes Bitcoin Price Down Before the Weekend […]

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NBA reveals 2021 Rising Stars rosters on NFT platform NBA Top Shot

The NBA unveiled its 2021 Rising Stars rosters on NFT marketplace NBA Top Shot on Wednesday.  The Rising Stars Challenge is a basketball game that takes place at the annual All-Star Weekend when rookies and young players compete against each other. Because of the pandemic, the NBA isn’t doing the game this year but is […]

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Bitcoin Price Drops 18%, Fed Discusses ‘Soft’ Inflation, Analyst Says BTC Sell-Off Attracts More Investors

Digital asset markets are seeing some turbulence on Tuesday as the entire crypto market capitalization has lost 11% in value during the last 24 hours. Bitcoin has slid to a low of $44,846 during the morning trading sessions (EST) losing more than 18% during the last day. Bitcoin Price Dips Over 18% and Quickly Regains […]

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Users flooded NBA Top Shot’s ‘Legendary Drop’ last weekend. Tech issues left some disappointed

Pete Balestracci, known on Twitter as @PlungeFather, was feeling pretty excited this past weekend as he waited with friends for NFT marketplace NBA Top Shot to begin its latest drop.  Balestracci was one of the thousands of users who participated in NBA Top Shot’s “Legendary Drop” on February 6. But while Dapper Labs, which runs […]

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Yearn Finance Token Value Slides 67%, While Locked Value Loses Over $300M

Yearn Finance Token Value Slides 67%, While Locked Value Loses Over $300M

Yearn Finance’s native token YFI has been seeing significant capitulation as the price has dropped from an all-time high (ATH) of $43k in mid-September to today’s $13,875 USD value. Despite the -67.7% loss since the token’s ATH, the Yearn Finance project still has around $624 million total value locked into the platform.Yearn Finance and the […]

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