Unraveling the Secrets Behind MakerDAO’s MKR Token Surge

The Unprecedented Rise Crypto markets have largely remained stagnant since mid-March. However, MakerDAO’s MKR token tells a different story. Gaining an impressive 200% since the start of the year, it reached its zenith this week, marking its highest point since May 2022. In less than a month, MKR has surged by approximately 50%. So, what’s […]

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Bitcoin’s $27K Challenge: What Stopped Its Momentum?

Bitcoin’s Recent Moves Bitcoin, the world’s most renowned cryptocurrency, recently made an attempt to breach the $27,000 mark. This move came after a week of achieving local peaks around $27,500. However, the momentum was short-lived, and the cryptocurrency faced a decline of over $1,000 last Thursday. This dip was influenced by the US Federal Reserve’s

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Breaking: 95% of Celsius Creditors Back Restructuring!

A Resounding Vote for Restructuring More than 95% of Celsius creditors, spanning all eligible classes, have cast their votes in favor of the company’s restructuring plan. This significant decision took place on September 26, marking a pivotal moment in the firm’s Chapter 11 bankruptcy proceedings. The company has expressed its gratitude for the overwhelming support,

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Is Bitcoin’s Stability a Sign of Market Maturity?

Bitcoin’s Recent Performance Bitcoin, the world’s leading cryptocurrency, has been experiencing a period of low volatility in recent days. After a drop from over $27,000 to $26,400 following the US Federal Reserve’s FOMC meeting last Thursday, the cryptocurrency has been trading sideways. Over the weekend, Bitcoin’s price hovered around $26,600. Although there was a brief

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Why Bitcoin’s Price Surged After MicroStrategy’s Big News

Bitcoin’s Quick Recovery Bitcoin experienced a brief dip below the $26,000 mark yesterday. However, it swiftly bounced back after the revelation of MicroStrategy’s newest Bitcoin acquisition. This week, Bitcoin had reached a 20-day peak of $27,500. Despite maintaining proximity to this level for a while, it faced a decline towards the end of the business

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Chainlink’s Controversial Multisig Shift: What You Need to Know!

Chainlink’s Recent Multisig Changes Chainlink, a renowned decentralized oracle network, recently faced backlash from the crypto community due to modifications in its multisig (multi-signature) wallet. The primary point of contention was the change in the number of required signatures on the multisig wallet, which shifted from a 4-of-9 configuration to a 4-of-8 setup. This alteration

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How Will Bitmain’s Investment Change Core Scientific’s Future?

A Strengthened Alliance Core Scientific, Inc., a key figure in high-performance blockchain computing data centers and software, has announced a substantial investment from Bitmain, a leading global producer of digital currency mining servers. This investment, totaling $53.9 million, not only solidifies the bond between the two entities but also emphasizes Bitmain’s unwavering commitment to the

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