94% of all Bitcoin in profit hints that $69K BTC price was a local top

A crypto whale who allegedly manipulated the prize of the Jelly my Jelly (JELLY) memecoin on decentralized exchange Hyperliquid still holds nearly $2 million worth of the token, according to blockchain analysts. The unidentified whale made at least $6.26 million in profit by exploiting the liquidation parameters on Hyperliquid. According to a postmortem report by

A Bitcoin mining company formed from a U.S. private equity firm plans to begin building a 36 megawatt farm in Morocco from January next year, Ars Technica reports Tuesday, September 18.Soluna, the product of New York-based Brookstone Partners, intends to leverage local laws by eventually selling at least 20 percent of its electricity output back…

The United States-based startup Sparkswap has completed a successful seed funding round to create a decentralized exchange based on the Bitcoin (BTC) Lightning Network. A blog post revealed the development on Monday, April 8.According to Sparkswap’s founder Trey Griffith, the company raised $3.5 million from investors including Initialized Capital, Pantera Capital, Foundation Capital and Y…

XRP’s price has surged 26% as the Ripple vs. SEC case appears to be nearing its final stages, with no signs suggesting that XRP will be classified as a security.

Singapore blockchain startup Perlin is helping the world’s largest business organization, the International Chamber of Commerce (ICC), roll out the technology, the company confirmed in a press release on April 12.Perlin, which is already involved in blockchain pilots for various major businesses, including Asia Pacific Rayon, will now gain access to ICC’s members as the…

The nonfungible token (NFT) sector has undergone a surge in popularity over the past year and a half as projects like Bored Ape Yacht Club and CryptoPunks captured the attention of the general public. While the idea of fetching a six-figure payday for the latest trending digital art piece has been a major factor in the…

After a court slammed Craig Wright for producing forged documents and giving perjured testimony in the ongoing legal circus between Wright and Ira Kleiman’s estate concerning the Tulip Trust, Kleiman’s legal team is hard at work finding a key witness. Wright’s legal team are trying to subpoena former nChain CEO Jimmy Nguyen to provide a deposition.…

Ripple’s global payments tech conference, Swell, will start off this fall with a keynote speech from 42nd President of the United States Bill Clinton, according to Ripple’s July 31 blog post. Former President Clinton’s keynote and Q&A in San Francisco on Oct. 1 will be moderated by Gene Sperling, the National Economic Council Director and…

Crypto exchange Bitget and Nansen Research collaborated to help exchanges evaluate potential of a cryptocurrency depending on the token cycle.