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This Week in Coins: Bitcoin Closes Week Strong, Simmering Above $51K

Bitcoin started the week strong, and despite a Valentine's Day dip, has since been simmering near $52,000.

Feb 18, 2024 BLOCKCHAIN

NFT Lender Arcade Reveals Airdrop for Ethereum, Solana, and Bitcoin Collectors

The airdrop of 3 million ARCD will benefit holders of certain Ethereum and Solana NFTs and Bitcoin Ordinals collections.

Feb 18, 2024 BLOCKCHAIN

Changpeng Zhao Faces 18 Months in Jail: Prosecutors Say “Accept the Deal”

Changpeng Zhao, once at the helm of Binance, is on the verge of receiving a sentence that could dramatically shift the United States approach to crypto regulation and compliance.

Feb 18, 2024 BLOCKCHAIN

‘Cyko KO’: Blockchain Animated Show That Reunites Cast Of ‘Napoleon Dynamite’ Set To Launch

The retro-inspired Cyko KO: The Animated Series is notable not only for being a high-profile pilot powered through blockchain tech, but also for reuniting several cast members from Napoleon Dynamite, as we first told you in September 2022.

Feb 18, 2024 CRYPTOCURRENCY

Bitcoin market cap drops below $1 trillion as price retreats under $51k

Bitcoin crypto was trading at $50,856 as of press time after touching a low of $50,625 — down a little under 3% over the past 24 hours.

Feb 18, 2024 CRYPTOCURRENCY

US prosecutors ask judge to approve Binance plea deal

The prosecutors are justifying the historic $4.3 billion penalty saying Binance willfully violated the laws, led by senior executives.

Feb 18, 2024 REGULATION

OpenAI valuation crosses $80 billion following latest deal, Sora launch

The company is reportedly undertaking a tender offer orchestrated by Thrive Capital in an effort to raise more funds.

Feb 18, 2024 MARKET

3 Million Polygon (MATIC) Transfer: Incoming Price Volatility?

A significant volume of Polygon’s MATIC tokens was recently moved from a wallet linked to Hermez Network to a cryptocurrency exchange.

Feb 18, 2024 MARKET

Analyst Reveals 3 Signs That Will Tell You When Bitcoin Is About to Top

Discerning the optimal moment to exit the cryptocurrency market is as crucial as the decision to invest. Dennis Liu, also known as Virtual Bacon, shared a methodical and strategic approach to navigating the peaks and troughs of Bitcoin.

Feb 18, 2024 CRYPTOCURRENCY

How the US threatens crypto’s core values

Emerging US regulations threaten the essence of Bitcoin, challenging the autonomy and innovation that define the cryptocurrency industry.

Feb 18, 2024 REGULATION