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Torram’s Pre-Seed Closure Paves the Way for Institutional-Grade DeFi on Bitcoin

Torram’s Pre-Seed Closure Paves the Way for Institutional-Grade DeFi on Bitcoin

[PRESS RELEASE – Toronto, Canada, January 16th, 2025] Torram, a Web2.5 infrastructure company, has announced the successful closure of its $710,000 pre-seed funding round in early December 2024. The company is focused on developing institutional-grade decentralized finance (DeFi) infrastructure directly on Bitcoin, positioning itself as a key enabler of innovation in the evolving financial ecosystem.…

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These Alts Post Biggest Gains as BTC Price Touched $101K (Market Watch)

These Alts Post Biggest Gains as BTC Price Touched $101K (Market Watch)

The expected volatility after the CPI announcement yesterday indeed reached the crypto markets, but it was in the opposite direction of what many anticipated. Instead of slumping once again as it did at the start of the business week, BTC’s price headed north and tapped a weekly high before it was stopped. Briefly Exceeding $100K…

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Crypto Platform Issues Warning Over Fake BSC Token

Crypto Platform Issues Warning Over Fake BSC Token

Prominent crypto research firm SoSoValue has warned about a bogus token, SOSO, deployed on the Binance Smart Chain (BSC). The company clarified that it had not released any official cryptocurrency and urged users to remain cautious to protect their assets. Scammers Use Funding News to Lure Victims SoSoValue’s warning came after on-chain analytics platform CoinSpeedrun…

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Cardano Price Analysis: ADA Must Break This Barrier to Target $1.30

Cardano is consolidating within a critical price range, signaling a phase of market indecision. However, a substantial support zone at lower levels offers the potential for a bullish rebound, especially if a breakout materializes in the coming sessions. Technical Analysis By Shayan The Daily Chart Cardano recently encountered significant selling pressure near the $1.3 resistance,…

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CleanSpark Surpasses 10,000 BTC Treasury Milestone with 236% YoY Growth

CleanSpark Surpasses 10,000 BTC Treasury Milestone with 236% YoY Growth

Nevada-based Bitcoin mining firm – CleanSpark –  has reached a significant milestone by surpassing 10,000 BTC in its treasury. All the Bitcoins were mined exclusively from its US-based operations. The latest figure reflects a 236% year-over-year (YoY) increase in its Bitcoin holdings. CleanSpark Hits Milestone Zach Bradford, CEO and President of the firm attributed the…

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Russia to Sell $10M in Bitcoin Seized in Hack Case

Russia to Sell $10M in Bitcoin Seized in Hack Case

Russian authorities are reportedly looking to liquidate a major Bitcoin stash seized during investigations into an international cybercrime gang that operated between October 2010 and February 2018. According to local reports, the government will initially dispose of about $10 million worth of BTC and plan to sell more than 1,000 BTC, which are currently valued…

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Ripple (XRP) Developments, Optimistic Cardano (ADA) Predictions, and More: Bits Recap Jan 10

Ripple (XRP) Developments, Optimistic Cardano (ADA) Predictions, and More: Bits Recap Jan 10

TL;DR Ripple’s stablecoin RLUSD gained adoption from top exchanges like Bitstamp, offering diverse trading pairs. Cardano’s ADA rebounded to $0.97, with analysts predicting future highs between $6.45 and $7. Bitcoin (BTC) fluctuated from $102K to $92K, now at $94.5K, with forecasts as high as $500K for 2025. What’s New Around Ripple? Ripple, the company behind…

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BitMEX Launches Multi Asset Margining: Simplifying Trading for Derivatives Markets

BitMEX Launches Multi Asset Margining: Simplifying Trading for Derivatives Markets

[PRESS RELEASE – Mahe, Seychelles, January 8th, 2025] BitMEX, the OG crypto derivatives exchange, is announcing the launch of Multi Asset Margining. This game-changing feature allows traders to use multiple margin currencies – including USDT, USDC, ETH, and XBT (Bitcoin) – to trade derivatives contracts without the hassle of asset conversions or wallet transfers. The…

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CARV Play Awards 2024 Honors Gaming Excellence Across 16 Categories

CARV Play Awards 2024 Honors Gaming Excellence Across 16 Categories

[PRESS RELEASE – Santa Clara, California, January 8th, 2025] CARV, after weeks of anticipation and record-breaking participation, has announced the winners of the CARV Play Awards 2024, celebrating excellence in gaming across various categories. With over 1.2 million votes cast by more than 160,000 passionate gamers, the awards highlight the dynamic and evolving landscape of…

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