Tag: news.bitcoin
Blockchain
Bitcoin’s Rally to $62,000 Triggers $26.65 Million Short Squeeze in 4 Hours
After reaching a low of $56,500 on April 30, bitcoin climbed to a peak of $62,109 by Friday, May 3, in response to the previous downturn This uptick resulted in the liquidation of $2665 million in
Blockchain
Friend.tech’s FRIEND Token Airdrop Faces Steep Decline Since Market Debut
Friendtech, the decentralized social media application on the Base network, recently launched its native token through an airdrop Since trading commenced, the token has plummeted, dropping anywhere
Blockchain
Marathon Sets New Record by Mining Bitcoin’s Largest Block, Showcasing the Logos’ Manifesto
On May 3, the Bitcoin network validated its largest block to date at block height 841,886, which included an inscription showcasing the technology stack dubbed Logos’ manifesto This block,
Blockchain
MultiBank.io: A Revolutionary Leap in Cryptocurrency Derivatives Trading
PRESS RELEASE MultiBank Group, a prominent global financial institution, proudly announces the launch of MultiBankio, its state-of-the-art cryptocurrency derivatives trading platform This significant
Blockchain
Bitcoin Technical Analysis: BTC Bulls Challenge Upper Resistance Amid Bearish Pressure
As of May 3, 2024, bitcoin’s price stands at $59,142, with a 24-hour intraday range of $57,789 to $60,000 The leading cryptocurrency maintains a market capitalization of $115 trillion and has
Blockchain
Bitcoin Miner Riot Platforms Records Modest Revenue Gain Despite 36% Decrease in Mined BTC
Riot Platforms Inc, an integrated bitcoin mining company, reported revenues exceeding $793 million in the first quarter of 2024 The revenue increase was slight, rising from $732 million to $793
Blockchain
Report: 30% of UK Watchdog’s Financial Crime Experts Focused on Crypto Businesses in 2022-23
According to a report, the Financial Conduct Authority, a watchdog for the financial services industry in the UK, had 30% of its financial crime specialists focused on crypto-asset businesses
Blockchain
Blackrock Reinforces Tokenization Drive Leading $47 Million Funding Round in Digitization Company Securitize
Blackrock, the largest asset management company in the world, has led a strategic funding round of $47 million in Securitize, a capital markets digitalization company The round, which had the
Blockchain
Tether Q1 2024 Attestation Reveals Record $4.52 Billion Profits
Tether, one of the largest cryptocurrency companies, has recently released an attestation of its financial activity corresponding to Q1 2024 Tether registered a record-breaking $452 billion in
Blockchain
JPMorgan: Retail Investors Drive Selloff in Both Crypto and Equity Markets
JPMorgan has highlighted a significant increase in selling and profit-taking across equity and crypto markets, driven largely by retail investors The global investment bank also observed
Blockchain
Hybrid L2 Build on Bitcoin Launches Mainnet; US Users Face Geo-Blocking
The layer-two initiative known as BOB, short for ‘Build on Bitcoin,’ has declared its mainnet operational with over 40 apps launching in the initial phase Notably, the BOB application
Blockchain
Zksnacks to Cease Coinjoin Transactions, Affecting Wasabi, Trezor and Btcpay
On Thursday, Zksnacks, the developer behind Wasabi Wallet, announced its decision to cease its coinjoin services following regulatory measures in the US The company stated that the wallet will now
