Dogecoin-Backed Tokens Skyrocket Ahead of SpaceX’s Milestone Launch
Set to blast off on January 12 from the Kennedy Space Center, a SpaceX rocket is gearing up for a landmark mission. In the past week, the company-issued token GEC has surged to more than four times its previous value. Meanwhile, XI — a token reportedly used to cover advertising costs aboard the satellite —…
CleanSpark’s Bitcoin Mining Triumph: 685 BTC Mined in June with Top-Tier Energy Efficiency
In June, the Las Vegas-based outfit churned out a hefty 685 BTC, pushing its cumulative haul this year to a robust 3,968 coins. Notably, every single bitcoin was mined independently, with total holdings swelling to 12,608 BTC. This impressive stash catapults the company to the seventh spot on the leaderboard of publicly traded bitcoin holders,…
deBridge Unveils Governance Token DBR Following Comprehensive User Activity Snapshot
Set to launch on the Solana network, deBridge’s governance token, DBR, will incentivize users by rewarding their historical engagement and fees contributed. Possessing DBR grants holders the power to shape the protocol’s roadmap through voting on upcoming strategies and feature rollouts. In a recent announcement shared with CoinDesk, deBridge’s marketing lead disclosed plans to roll…
Bitcoin Ignites Robust Accumulation Phase Unseen Since January as BTC Surpasses $110K
For the first time since the start of the year, Bitcoin (BTC $108,783.53) has embarked on an intense accumulation spree that spans wallets of all sizes, underpinning a fresh wave of bullish momentum as the flagship crypto comfortably trades beyond the $110,000 mark — a hefty 18% surge within the last 30 days. Inside the…
Fitch Flags Negative Credit Impact of Bitcoin Legalization on El Salvador’s Insurers
Local insurance firms in El Salvador are poised to face credit headwinds linked to the nation’s embrace of bitcoin as an official currency, Fitch Ratings cautioned on Monday. The rating agency underscored heightened earnings and foreign exchange volatility as key factors, given insurers’ exposure to this volatile cryptocurrency. Legislative Backing and Implementation Timeline On June…
