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Tron’s Daily Revenue Rockets 119% in 2024, Redefining ‘Blockchain Economic Models’

Coins Legend January 13, 2025 0

In 2024, Tron cemented its status as a formidable force within the cryptocurrency ecosystem, achieving a 119% uptick in daily onchain revenue since Jan. 1. This growth, attributed to increased gas fees and transaction activity, is supported by data from Cryptoquant and insights from community

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HTX Launches Launchpool #2: Fourfold Airdrops

Coins Legend January 13, 2025 0

PRESS RELEASE. Following the success of the first Launchpool, HTX announced the launch of its second Launchpool with airdrops going live at 09:00 (UTC) on January 8, 2025. This round provides users with a chance to earn airdrop rewards from four quality assets. By locking up $HTX or subscribing to the $HTX Flexible Earn product, […]

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Bitcoin Mining Tightens: Difficulty Hits 110.45 Trillion Amid Revenue Slump

Coins Legend January 13, 2025 0

Bitcoin’s mining difficulty has edged up by 0.61%, rising from 109.78 trillion to 110.45 trillion. At the same time, the network’s hashrate remains relatively subdued, following a notable drop from its high of 824 exahash per second (EH/s) to the current 778 EH/s. Bitcoin’s Difficulty Increases, Hashrate Falters Since block height 878,976 was mined, the […]

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Alpen Labs Raises $8.5 Million to Advance Development of Bitcoin ZK Rollup Strata

Coins Legend January 13, 2025 0

Strata will launch as an open platform that introduces easy and scalable self-custody while facilitating the use of bitcoin. New Funding to Accelerate Development of Bitcoin ZK Rollup Strata Alpen Labs, a bitcoin infrastructure company announced that it has completed an $8.5 million strategic financing led by the Cyber Fund and DBA. The biggest investors […]

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Latam Insights Encore: El Salvador’s Bitcoin Push to Boost Its Tourism Industry

Coins Legend January 13, 2025 0

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. This edition examines how bitcoin can help grow El Salvador’s tourism industry. Latam Insights Encore: El Salvador’s Bitcoin Push Will Bring Its Tourism Industry to New Heights The Salvadoran tourism industry is having a […]

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Semler Scientific Expands Bitcoin Holdings to Over 2,300 BTC

Coins Legend January 13, 2025 0

Semler Scientific, a developer of technology solutions for healthcare providers, has provided updates on its bitcoin (BTC) holdings and capital markets activities, highlighting its evolving treasury strategy. Semler Scientific Achieves Nearly 100% Bitcoin Yield Since Treasury Strategy Launch Following Microstrategy’s latest purchase announcement, Semler said that between

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Coinshares: Modest Net Inflows for Digital Assets With Gains for BTC, XRP, SOL and Losses for ETH

Coins Legend January 13, 2025 0

Macroeconomic events shaped the digital assets market over the past week with significant outflows. Digital Assets Investors Reacted Negatively to U.S. Fed’s Hawkish Outlook Coinshares’ weekly digital asset fund flows report revealed that digital asset investments experienced a modest inflow of $48 million last week. Although about $1 billion came in the first half of […]

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Bitcoin Whiplash: Crypto Giant Plummets Below $90K, Triggers Cascade of Liquidations

Coins Legend January 13, 2025 0

Bitcoin’s price exhibited a tempestuous performance on Monday, as the leading cryptocurrency plunged from approximately $94,000 to under $90,000 by 9:35 a.m. EDT. Following this descent, BTC demonstrated a partial recovery, ascending to hover within the $92,300 to $93,000 bracket. From $94K to $89K: Bitcoin’s Wild Day The day began as a dramatic tale of […]

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Best Wallet ICO Hits $7M – Top Utility Token for 2025?

Coins Legend January 13, 2025 0

Best Wallet’s (BEST) ICO has just passed the $7 million funding milestone. This new Web3 wallet platform is gaining traction due to its vision of becoming a one-stop shop for managing cryptocurrencies on different blockchains. With the BEST token’s first exchange listing on the horizon, early investors are watching closely to see if it can […]

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Bitcoin ETFs Close the Week in Green As Ether ETFs Plummet

Coins Legend January 13, 2025 0

Weekly data for crypto ETFs revealed contrasting fortunes for bitcoin and ether ETFs. Spot bitcoin ETFs attracted $307.2 million in net inflows, while spot ether ETFs posted a combined loss of $185.89 million. $185 Million Outflows for Ether ETFs Amid Decent Gains for Bitcoin ETFs Bitcoin exchange-traded funds (ETFs) closed the week in the green, […]