Tag: news.bitcoin
Blockchain
Defi’s TVL Declines by $10 Billion in April Despite Growth in Bitcoin and Newer Blockchains
The total value locked (TVL) in decentralized applications (defi) experienced a 7% decrease, dropping $10 billion in April, with defi’s ecosystem ending the month at $1386 billion despite a
Blockchain
Microstrategy Plans to Launch a Decentralized Identity Solution on Bitcoin
Microstrategy has introduced a new enterprise decentralized identity platform, Microstrategy Orange, during the Bitcoin for Corporations segment at Microstrategy World 2024 event in Las Vegas
Blockchain
Former Binance CEO CZ: I Will Do My Time — Crypto Industry Has Entered a New Phase
Former Binance CEO Changpeng Zhao (CZ) has expressed his gratitude to the crypto community for their support following his four-month US prison sentence for pleading guilty to money laundering
Blockchain
Bitcoin Miners Log Second Highest Monthly Revenue in April, Despite Falling Hash Value
In April, bitcoin miners amassed the second-highest monthly revenue of the past year, following the unprecedented earnings in March In total, they collected $179 billion, which, although $220 million
Blockchain
Federal Reserve Holds Rates Steady Amid Inflation Concerns; Outlook Remains ‘Uncertain’
On Wednesday, May 1, 2024, the US Federal Reserve chose to maintain the benchmark interest rates at their highest in 23 years The Federal Open Market Committee (FOMC) members noted that although
Blockchain
NFT Sales Dip Over 31% in April; Ethereum, Solana Experience Sharp Declines
Sales of non-fungible tokens (NFTs) experienced a 3126% decline in April from the revenues recorded in March Last month, statistics show that NFT transactions across several markets totaled
Blockchain
US Spot Bitcoin ETFs Report 5 Straight Days of Outflows, Totaling $635 Million
On Tuesday, US spot bitcoin exchange-traded funds (ETFs) registered their fifth consecutive day of net withdrawals, documenting a substantial $1616 million in negative outflows Over the last two
Blockchain
Crypto Market Downturn Hits Coinbase, Microstrategy, and Mining Stocks Hard
During the widespread downturn in the cryptocurrency markets, publicly listed companies within the sector such as Coinbase, Microstrategy, and bitcoin mining enterprises have experienced notable
Blockchain
Bitcoin Technical Analysis: Uncertainty Looms as Bearish Patterns Persist
Bitcoin’s technical analysis reveals a protracted bearish trend, reflecting significant selling pressure and resistance to upward movement With today’s price standing between $57,505
Blockchain
Russian Crypto Exchange Unable to Process Withdrawals; Angry Users Try to Storm Offices
Approximately 50 users of Beribit, a Russian cryptocurrency exchange, recently tried to storm the company’s Moscow offices to demand their digital assets Beribit’s management has attributed the
Blockchain
Bitlight Labs Launches Public Release of Bitlight Wallet, the First Self-Custodial Bitcoin Wallet Supporting RGB Assets
PRESS RELEASE Bitlight Labs Launches Public Release of Bitlight Wallet, the First Self-Custodial Bitcoin Wallet Supporting RGB Assets Bitlight Labs, a pioneer in RGB protocol and Lightning Network
Blockchain
Blockchair’s Lead Developer Expresses Concerns Over Bitcoin’s Security Budget
Nikita Zhavoronkov, the lead developer of Blockchair, a cryptocurrency block explorer, has expressed his concerns about Bitcoin’s dwindling security budget Zhavoronkov stated that the network
