Month: July 2024

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‘Asia’s MicroStrategy’ Metaplanet buys another ¥200 million worth of Bitcoin

July 1, 2024 coinpulsehq

Key Takeaways Metaplanet’s recent Bitcoin purchase increases its total holdings to 161.27 BTC. The company adopts Bitcoin as a reserve asset in response to Japan’s economic conditions. Share this article Metaplanet, a publicly traded company listed on the Tokyo Stock Exchange and often compared to MicroStrategy, has acquired an additional 20.2 Bitcoin (BTC), valued at […]

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This Meme Coin Defies Market Trends, Soars to All-Time High

July 1, 2024 coinpulsehq

While the broader crypto market faced a downturn throughout June, Mog Coin (MOG) soared, registering a 50% increase in value. This remarkable performance catapulted MOG into the limelight, positioning it among the top 100 cryptocurrencies by market capitalization. As the meme coin hovers around its all-time high, analysis suggests that it may have been in […]

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Ethereum is the worst performing crypto in net flows this year

July 1, 2024 coinpulsehq

Key Takeaways Ethereum recorded its largest outflows since August 2022, totaling $61 million. Positive shifts in Bitcoin and multi-asset ETPs suggest changing investor sentiment. Share this article Crypto exchange-traded products (ETF) experienced their third consecutive week of net outflows, totaling $30 million. Notably, Ethereum-indexed ETPs saw over $60 million in outflows last week, their largest […]

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Cloudbet Integrates Ethena USDe (sUSDe) Stablecoin and ENA Tokens

July 1, 2024 coinpulsehq

Willemstad, Curaçao, Netherlands, June 27th, 2024, Chainwire Cloudbet, a leading cryptocurrency casino and sportsbook, announced the integration of Ethena USDe (sUSDe) and ENA. By integrating sUSDe on the platform, bettors have now the chance to receive returns even when their funds are not being wagered. The move introduces a new level of financial flexibility and […]

Press Release

Bitcoin Miners Navigate Capitulation Amid Shrinking Profit Margins

July 1, 2024 CryptoExpert

Bitcoin miners are currently facing significant “capitulation,” pushing them to innovate for additional revenues. Bitcoin miner capitulation occurs when miners are forced to shut down due to unprofitability or unsustainable operating costs. This can happen when the cost of mining (including electricity, hardware, and operational expenses) exceeds the revenue generated from mining the bellwether asset. […]

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Nubila Kickstarts Fundraising Round Led by IoTeX, VeChain and Other Leading Investors

July 1, 2024 coinpulsehq

San Francisco, United States, July 1st, 2024, Chainwire Nubila, a leading data oracle specializing in accurate and actionable Environmental, Social, and Governance (ESG) data for the Decentralized Physical Infrastructure Network (DePIN) ecosystem, has kicked off its fundraising round. The on-going round is led by IoTeX and VeChain + Boston Consulting Group, with the participation from […]