Tag: news.bitcoin

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Ethereum Transaction Fees Slide Nearly 94% Over the Past 68 Days

Similar to Bitcoin’s onchain fees, the cost of transacting on the Ethereum network has recently seen a significant decline Over the previous 68 days, since March 5, 2024, Ethereum’s

Bitcoin Whale From 2013 Resurfaces, Moves Over 1,000 BTC Worth $61 Million 

On May 12, as bitcoin hovered slightly above the $61,000 mark, two dormant bitcoin wallets, inactive for over ten years and eight months, executed transactions totaling 1,000 bitcoins valued at

Goldman Sachs Analyst Says Consumers Under Severe Pressure as Stagflation Intensifies

Goldman Sachs analyst Scott Feiler warns of a bleak outlook for consumers as stagflation looms, with a bearish stance on consumer cyclicals and defensive stocks Amidst the administration’s

South Korea’s Bitcoin Premium Narrows, Yet Remains Above Global Average

Recent figures show that despite bitcoin’s downturn in price, premiums in South Korea have diminished yet remain around $1,800 to $2,000 higher than BTC’s weighted global average price

US Scrutiny of Tether Could Disrupt Crypto Ecosystem, Ripple CEO Warns

Ripple’s CEO, Brad Garlinghouse, has voiced concerns that the US government’s scrutiny of Tether, the foremost issuer of stablecoins by market cap, could notably affect the cryptocurrency

Kiyosaki’s Crash Survival Rules, Snowden Warns Bitcoin Devs, and More — Week in Review

Robert Kiyosaki warns of an impending severe market crash and advises investing in assets like bitcoin, gold, and silver Edward Snowden has issued a stern warning to Bitcoin developers, urging them

Match Systems Announces Recovery of $68 Million in Stolen Cryptex Crypto Assets

Match Systems, a cybersecurity company specializing in Anti-Money Laundering (AML) services, blockchain forensics, and investigations, recently announced the recovery of $68 million in stolen crypto

Openai CEO Sam Altman Believes Processing Power Might Be the New UBI

Sam Altman, CEO of Openai, the company behind the artificial intelligence (AI) model Chatgpt, has reflected on how the new wave of universal basic income (UBI) initiatives might be organized In an

Nigerian Experts Say Past Central Bank Policies Drove Users to P2P Crypto Platforms

Stakeholders in Nigeria’s cryptocurrency sector argue that the Central Bank of Nigeria’s previous decision to exclude cryptocurrency entities from the banking ecosystem has fueled the growth of

Bank of Canada Governor Warns of ‘Sharp Correction’ Risks in Markets and ‘System-Wide Stress’

In his speech on the release of the Financial Stability Report, Tiff Macklem, Governor of the Bank of Canada, sought to emphasize the purported strength of Canada’s financial system while

Ark Invest Removes Staking Option From Latest Ethereum ETF Proposal

Ark Invest and 21shares have revised their proposal for a spot ethereum exchange-traded fund (ETF), removing previously included options for staking This change marks a significant pivot from their

South African Fintech Startup Leseka Tech Signs Deal to Buy Payments Provider for $86M

Lesaka Technologies, a fintech startup based in South Africa, recently signed a deal to acquire Adumo, a payment solutions provider, for nearly $86 million Under the terms of the agreement, Lesaka