Abu Dhabi’s crypto mining firm Phoenix Group posts 236% revenue surge amid global expansion
Phoenix Group reported $107 million in Bitcoin mining revenue for 2024, more than a 230% jump from 2023. Cryptocurrency miner Phoenix Group saw its mining revenue surge 236% in 2024, reaching $107 million as it expanded operations and navigated industry…...
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Memecoin rally fades but GMCI meme index still outpaces BTC and ETH
The GMCI data suggests that the meme coin rally has cooled off, though meme coins still have a strong lead over Bitcoin and Ethereum. The GMCI Meme Index, which tracks the leading meme coins by market capitalization, is down by…...
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B3 crypto surges over 250% a day after launch, what is B3?
B3 rallied over 267% over the past day following its day-one listing on multiple exchanges. According to data from CoinGecko, B3’s token, with the same ticker, surged to an intraday high of $0.018 on Feb. 12 before settling at $0.0145…...
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THORChain At Crossroads: A Chess Move, Or RUNE Death Spiral?
THORChain is trying to prevent a crisis. With Thorchain block rewards down 99%, will RUNE price recover or drop even further as validators exit? THORChain allows users to swap tokens across multiple chains. For example, you can swap ETH for BTC cheaply and securely. While this service is still...
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Trump Reportedly Eyes a16z’s Brian Quintenz For CFTC Chair
Former Commodity Futures Trading Commission (CFTC) commissioner Brian Quintenz is reportedly being considered by US President Donald Trump to lead the agency once again. Currently serving as head of policy at Andreessen Horowitz’s (a16z) crypto division, Quintenz’s selection signals a potential shift toward a more pro-crypto regulatory stance. According...
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Crypto CPI Pump Could Trigger Bitcoin and Altcoin Season: Everything to Know About CPI Data Today
January US CPI data will be released today. Will this trigger a Bitcoin and altcoin rally? BTC price is pinned below $100,000 – let’s check it out. Bitcoin and top altcoins like Dogecoin, BNB, and Cardano are sliding, pushing the total crypto market cap to $3.2 trillion, down 4.6%...
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Franklin Templeton Registers Trust For Potential Spot Solana ETF In US
Franklin Templeton has taken a significant step toward launching a spot Solana exchange-traded fund (ETF) in the US. It registered a trust in Delaware, ready to enter the growing market for Solana-based investment products. According to a 10 February 2025 filing with Delaware’s corporate registry, the Franklin Solana Trust...
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Harry Bolz-inspired meme coins plunge as Elon Musk changes his profile name on X
Multiple HARRYBOLZ tokens, which surged after Elon Musk briefly changed his profile name to Harry Bolz, are plummeting in value now that he has reverted to his original name. Meme coins HARRYBOLZ that surged after Elon Musk briefly changed his…...
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Avalon Labs considers filing first Bitcoin-backed debt public fund
Avalon Labs says it is exploring the possibility of filing the industry’s first Bitcoin-backed debt public fund aligned with SEC regulations. After issuing the world’s first Bitcoin (BTC)-backed stablecoin USDa, Avalon Labs wants to expand their suite of financial products…...
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Ripple, Galaxy Execs Loaned $160M to Moonpay So That They Could Support TRUMP Memecoin Launch
Loans from Galaxy and Ripple played a pivotal role in helping crypto exchange MoonPay handle the demand stemming from the launch of Donald Trump’s official memecoin after its Jan.18 issuance, a new podcast reveals. TRUMP launched days before the President’s swearing-in ceremony. The token launch was a surprise move...
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