According to crypto data platform Coin Metrics, the value of Bitcoin earned by miners and sent to exchanges almost doubled in May to a local high of approximately $400 million. Increased outflows often indicate that miners are moving their coins to exchanges in order to sell them, but are not a direct measure of miners […]
The flagship cryptocurrency has gained nearly 1,650 points in market value over the last few hours. Bitcoin would have to slice through the $33,000 level to validate this optimistic outlook. Interestingly, the supply of Bitcoin on trading platforms has dramatically decreased over the past week. If this were to happen and BTC suffers a weekly […]
The number one cryptocurrency has taken a 15.5% nosedive over the past four days, dropping from a high of $39,850 to a low of $36,665. 25 low of $32,850 could serve as a support zone, so only a sustained breach of this level would confirm the pessimistic outlook. Ethereum has also seen its price drop […]
Editor’s note: A completely unrelated article to this was published on Crypto Briefing as an April Fools’ Day joke article last month. According to multiple sources, the hypersensitive billionaire decided he wants to crash Bitcoin and the broader crypto market on the realization that the Terror blockchain’s Ponzinomics model is unsustainable. Con took the market […]
The Layer 1 blockchain’s LUNA token has retraced by more than 10% over the past 24 hours, dipping from a high of $87.80 to a low of $78.80. The nonprofit organization announced that it had bought more Bitcoin with the help of Genesis Trading and Three Arrows Capital, bringing its total reserves to around 80,394 […]
The nonprofit organization, which launched this year to stabilize Terra’s UST stablecoin, announced Thursday that it had acquired another 37,863 Bitcoin, bringing its total reserves in the number one crypto to around 80,394 coins. Terra’s development company, Terraform Labs, formed LFG back in January in a bid to support the Terra ecosystem. Kwon has also […]
The two asset management titans sat down for a discussion at the Crypto Bahamas conference today to discuss how the future could look for Bitcoin and the broader crypto space. Wood said that Bitcoin had become a bipartisan issue in the U.S., and Novogratz commented on how Galaxy Digital has seen both Democrats and Republicans […]
It will also increase the utility of the Bitcoin blockchain as Portal continues to build “many layers of applications” on top of it. The companies whose ownership interest can be tokenized and traded include Klarna, SpaceX, Automation Anywhere, Epic Games, and Cross River Bank. Although these assets are not bearer assets like Bitcoin, having both […]
Bitcoin and Ethereum have reached vital support levels, collecting enough liquidity for potential rebounds. Bitcoin has lost more than 4,000 points in market value over the past 48 hours. A spike in buying pressure around the current price levels could help validate the optimistic outlook, resulting in an upswing to $40,650 or even $41,200. It […]
A document obtained through a freedom of information request reveals the measures that European Union officials have considered to help curb Bitcoin’s energy use. In the same meeting, another speaker bluntly asked whether the EU should put a blanket ban on trading crypto assets based on Bitcoin’s Proof-of-Work algorithm. However, the most damning statement came […]
As for the reason for the change, the email included a note on Vanguard’s investment philosophy, which emphasizes a long-term and durable strategy. Oftentimes, this is because they do not meet all of the requirements to be listed and traded on an exchange, such as the New York Stock Exchange or Nasdaq. One reason GBTC […]
Suarez unveiled an 11-foot, 3,000 pound bull statue dubbed Miami Bull today in a bid to highlight Miami as a hub of financial innovation. The bull was previewed outside the Miami Beach Convention Center, where Bitcoin 2022 takes place, earlier today. The information on or accessed through this website is obtained from independent sources we […]
Intel responded to that move late last year by stating that it would not limit the hash rate of its GPUs, unlike Nvidia. The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. You should never make an investment decision on […]
Today, the 19-millionth Bitcoin was mined, according to both CoinGecko and CoinMarketCap. The Lightning Network is a Bitcoin Layer 2 scaling solution that attempts to establish Bitcoin as a more viable peer-to-peer, daily use digital cash, in addition to its store-of-value properties, by making transactions faster and less expensive. For example, it was at the […]
The SEC published its decision today denying a proposed rule change that would have allowed the VanEck Bitcoin Trust to operate. BZX has asserted that it met both of these requirements. Futures trading for both Bitcoin and Ethereum has been popular, and the demand has been sufficient to warrant more product offerings being brought to […]
Another countdown website, Taproot.watch concurs with that estimate, suggesting that there are just 339 blocks left to mine at the time of writing. Anticipation around the upgrade was likely one of the factors driving Bitcoin’s market surge this week. The information on or accessed through this website is obtained from independent sources we believe to […]
Rather, he noted that leveraged ETFs “can pose risks even to sophisticated investors” and may “potentially create system-wide risks by operating in unanticipated ways.” Gensler also applied his statements to funds marketed as inverse ETFs and complex ETPs, which has led some to speculate that proposed ETFs from firms like Direxion could face similar issues. […]