A new study found that typical Kenyan crypto users to be under 40. Kenyans not only trade cryptocurrencies but use them for investment and as a hedge against inflation. Kenya Seeks IMF Assistance According to a study by a Kenyan Technical Working Group, Kenyan residents continue to trade cryptocurrencies despite repeated warnings from the central […]
Mining Milestone: Bitcoin’s Hashrate Soars to Unprecedented Heights in the New Year
On the third day of 2025, Bitcoin’s hash rate soared, registering between 813 and 823 exahash per second (EH/s). This impressive peak is an ideal start to the New Year. Bitcoin Begins 2025 with an Unstoppable Surge The opening days of 2025 have ushered in new heights for Bitcoin’s hashrate. On Jan. 1, the cryptocurrency’s […]
2024 Fiat-Pegged Economy Swells—Stablecoins Reach $200B, Tether’s Market Soars 50%, New Players Emerge
With bitcoin (BTC) cruising past the $ 100,000 mark and the crypto economy swelling dramatically in value this year, multiple sectors saw significant expansion. Stablecoins, a major player in the digital asset realm, now exceed $ 200 billion in total valuation, reflecting a $ 73 billion increase in this subset of fiat-pegged …
KULR’s Bold Move to Bitcoin Pays Off: Stock Soars to All-Time High
KULR, a provider of electric energy storage solutions, has reported its first bitcoin purchase as part of a strategic shift toward establishing the leading cryptocurrency as a reserve asset. The company bought $ 21 million worth of bitcoin, amounting to 217.18 BTC. The purchase comes after the company announced that it would adopt a …
From Crypto Genius to Centi-Billionaire: Satoshi Nakamoto’s Wealth Soars
On Dec. 16, just one day after bitcoin hit its peak price of $ 106,533 per coin, the top crypto asset is now cruising at $ 106,300 per unit. With BTC’s value sky-high, Satoshi Nakamoto, Bitcoin’s mastermind, has joined the elite club of centi-billionaires, rubbing shoulders with the planet’s 20 richest folks. Centi-Billionaire …