Tag: news.bitcoin
Blockchain
Over $23M in Casascius Bitcoins Redeemed in 2024, Leaving $2.7B Untouched
As of the latest data, 3523 BTC valued at $235 million linked to Casascius physical bitcoins have been redeemed this year Despite 155 physical bitcoin peels, an estimated $27 billion in value remains
Blockchain
Cryptoquant CEO Predicts Bull Run Midpoint as Bitcoin Recovers
The price of bitcoin experienced a challenging May, dipping below $60,000 to reach a low of $56,500 per unit on May 1, 2024 Currently valued at $66,900 per unit, bitcoin’s price is showing
Blockchain
10 US Spot Bitcoin ETFs Absorbed 548,556 BTC Worth $36 Billion in 128 Days
According to recent data, the ten spot bitcoin exchange-traded funds (ETFs), excluding Grayscale’s Bitcoin Trust (GBTC), acquired 548,55662 BTC from the market over the last 128 days This
Blockchain
Vitalik Buterin Outlines Improvements for Ethereum’s Decentralized Future
Ethereum co-founder Vitalik Buterin has proposed several enhancements aimed at improving the network’s permissionlessness and decentralization The proposed changes focus on tackling issues
Blockchain
Accidental Bitcoin Transfer Pushes Satoshi Nakamoto’s Genesis Wallet Over 100 BTC
Based on the latest data, the well-known Genesis address owned by Satoshi Nakamoto now holds over 100 BTC after someone inadvertently sent 010754671 BTC, valued at $7,211, to the wallet The current
Blockchain
Despite FTX’s Collapse, FTT’s $535M Market Cap Highlights Crypto Absurdity
Ten days ago, the FTX estate overseeing the bankrupt company’s proceedings informed customers they would receive more than 100% repayment Following this announcement, the exchange token FTT
Blockchain
Tether CEO Hints at Development of Global P2P Financial Markets Terminal
Tether CEO Paolo Ardoino stated that the stablecoin company might put “significant resources” into developing a global peer-to-peer (P2P) financial markets terminal Ardoino explained that
Blockchain
Yuval Harari Criticizes Bitcoin, Naira Becomes World’s Worst-Performing Currency, and More — Week in Review
Historian Yuval Noah Harari criticized bitcoin, calling it a “currency of distrust” The Nigerian naira has become the world’s worst-performing currency after erasing its early April
Blockchain
Western Banks Face Major Asset Seizure in Russia Amid Gazprom Subsidiary Dispute
In a significant move against western banks, a St Petersburg court has seized over $763 million of assets from Unicredit, Deutsche Bank, and Commerzbank, following a dispute with a subsidiary of
Blockchain
UK Shuts Down Crypto Advisory Firm for Misleading Investors and Poor Financial Records
The UK government announced this week that the Insolvency Service has secured a winding-up order against cryptocurrency advisory firm Amey Finance Academy Ltd at the High Court The company, created
Blockchain
Coinbase Ventures Into Australia’s $600 Billion Pension Market With Tailored Crypto Services
Coinbase, the largest US crypto exchange, is planning to tap into Australia’s $600 billion self-managed pension sector, according to a Bloomberg report The company is developing a service tailored
Blockchain
Makerdao Reveals Ambitious Endgame Plans With 2 New StablecoinsÂ
Makerdao, a leading decentralized finance (defi) protocol, has revealed new concepts to its Endgame plan, introducing two new stablecoins: newstable and puredai This strategic initiative aims to
