The U.S. Bitcoin mining industry has generated over 31,000 jobs and contributed more than $4.1 billion in gross product annually. According to a report by The Perryman Group, most of the industry is concentrated in twelve states, with Texas being the largest contributor. Economic and Social Benefits The study shows that Bitcoin mining in Texas generates...Read More
Solana DEX’s trading volume dropped to $2.61 billion on February 16, continuing its downward trajectory and reaching its lowest level since mid-December. While Raydium’s volume plunged by over 45% and Orca’s fell by nearly 30% in the past week, Meteora bucked the trend with an 18% increase. According to the data compiled by DeFiLlama, Solana’s...Read More
After Argentine President Javier Milei endorsed the LIBRA meme coin launched on February 14, 2025, it has become the subject of investigations by experts due to a pump-dump scam. When insiders quickly sold off their shares, they withdrew $107 million, causing the coin’s value to crash and wiping out over $4 billion from its market...Read More
There has been a sharp reversal in digital asset investment trends as outflows reached $415 million after 19 consecutive weeks of inflows post-US election. During this period, inflows totaled $29.4 billion, significantly outpacing the $16 billion amassed in the first 19 weeks of US spot ETF trading since January 2024. CoinShares Head of Research James...Read More
Investor and podcast host Jason Calacanis has reignited debate over XRP’s classification, calling the token a “centrally controlled security” in a recent post on X. Calacanis questioned whether XRP should be considered decentralized, stating that if the Securities and Exchange Commission (SEC) allows it to trade like Bitcoin, then securities law will be worthless. Calacanis...Read More
Sonic SVM, the first chain extension for Solana, has launched its $1 million Mobius Hackathon, inviting developers to build decentralized applications (dApps) on its gaming-optimized platform. The event, which begins on February 17 and runs until March 14, aims to accelerate innovation across multiple blockchain verticals, including gaming, decentralized finance (DeFi), and artificial intelligence (AI)....Read More
The past week has been rough for Bitcoin, with its price fluctuations influencing the broader altcoin market. As a result, the total crypto market cap declined by more than 2% in the past day and reached approximately $3.21 trillion. Despite this volatility and macroeconomic concerns, Bitcoin demand appears to stay strong, as suggested by on-chain...Read More
[PRESS RELEASE – Read Disclaimer] The Surrey Academy for Blockchain and Metaverse Applications (SABMA), a pioneering institution within the University of Surrey, proudly announces the release of its groundbreaking report: “Web 3.0 Protocol-as-Platform: Vision and Framework for Decentralized Agentic Super Intelligence.” This report, led by Professor Yu Xiong, Director of SABMA, presents a bold vision...Read More
The rapid rise and collapse of the LIBRA meme coin have fueled suspicions of a rug pull, with blockchain data pointing to insider trading. Before the meltdown, several industry experts had warned about LIBRA’s tokenomics and raised concerns over its sustainability. Investigations now reveal ties between LIBRA’s creators and previous pump-and-dump schemes which suggests a...Read More
The team behind the MELANIA meme coin, which was recently launched by First Lady Melania Trump, will begin unlocking its allocated tokens on February 19 or 20. According to the project’s unlocking schedule, 3% of the total supply – equivalent to 30 million tokens worth approximately $39 million – will be released. MELANIA’s First Token...Read More
“I see more and more evidence of why it will [go to $1 million], and less and less of why it won’t,” opined the chief executive of crypto asset manager Bitwise, Hunter Horsley, on Feb. 17. He posed the question on X of why BTC isn’t going to be widely adopted and hit seven figures...Read More
Monday is a holiday in the US for Presidents’ Day, so traditional markets are closed. Crypto markets never close, but they are already showing signs of weakness as another week begins. There are several Federal Reserve speeches to look out for this week in addition to manufacturing and services purchasing manager’s indexes. “Inflation is officially...Read More
