CEL price takes another hit, US SEC files lawsuit against Celsius
Celsius is currently going through a Chapter 11 bankruptcy proceeding. Last week, the US CFTC found Celsius and Alex Mashinsky guilty of breaking several laws before Celsius collapsed in 2022.…
Bitcoin could hit $120,000 by the end of 2024: Standard Chartered
Standard Chartered analyst sees another 60% upside in Bitcoin this year. Geoff Kendrick explained his bullish view on BTC in a research note today. Bitcoin is already up a whopping…
Crypto investment products hit 3-week streak of inflows
Bitcoin inflows over last week was $133 million, compared to Ethereum’s $2.9 million. Total inflows into crypto asset products was $136 million, with this the third consecutive week of inflows.…
Bitcoin network hash rate hit a record high in May
Bitcoin network activity climbed for the fifth month straight. Mining difficulty and transaction fee also climbed in May. The world’s largest cryptocurrency lost about 8.0% last month. Bitcoin may have…
Hut 8 Mining stock down on a big hit to Q1 revenue: buy the dip?
Hut 8 Mining reports a 64% year-on-year hit to revenue in its Q1. Craig-Hallum analyst sees downside in “HUT” to C$2.0 a share. Hut 8 Mining stock is now down…
WOO price surged by 12% today: can it hit $0.3500 soon?
Key takeaways WOO is the best-performing cryptocurrency amongst the top 100 by market cap today. The rally comes as Woo Network listed new perpetual products and revamped its community ambassador…
Bitcoin price in “transition” even as non-zero balance addresses hit 45.4 million: Bitfinex report
The number of Bitcoin wallets with non-zero BTC balance recently hit a new all-time high of 45.388 million. However, daily active addresses and daily confirmed transactions have fallen. Bitcoin price…
Analyst says ‘it doesn’t matter’ as Block reports a hit to BTC revenue in Q4
Block reports a 7.0% decline in its fourth quarter bitcoin revenue. Baird analyst David Koning shares his outlook on the Block stock. Shares of the financial technology company are up…
MicroStrategy BTC paper loss hit $1.3B but no plans to stop trading bitcoin
MicroStrategy registered $34 million in its first-ever bitcoin sale. The company registered a paper loss of over 1 billion in 2022. MicroStrategy made its first bitcoin purchase in August 2020.…
Optimism price: OP surges 30% to hit new all-time high
OP has rallied over 30% in the past 24 hours, reaching a new all-time high of $2.97 on Coinbase Optimism is outperforming major coins even as cryptocurrencies rally on Thursday.…