127 / 255 Relevant items tagged with #Cryptocurrency
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Blackrock Spot Bitcoin ETF’s Holdings Soar Past 252K BTC — CEO Says He’s ‘Pleasantly Surprised’ by Retail Demand
[Mar 30, 2024 3:33 PM] Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), has significantly increased its bitcoin holdings, which have now surpassed 252,011 BTC, representing an approximate notional value of $18 billion. This…
Market Resilience Tested as NFT Sales Fall for Third Consecutive Week
[Mar 30, 2024 11:41 AM] Sales of non-fungible tokens (NFTs) have dipped once more, marking the third consecutive week of decline, with a 14.97% decrease compared to the previous week. Leading the charge in this week’s sales from March 23 to March 30, Bitcoin NFT…
Vintage Bitcoin Vaults Awaken — Over $41M in BTC Moves After 11.7 Years of Slumber
[Mar 30, 2024 9:39 AM] On Friday, March 29, 2024, an early bitcoin enthusiast who acquired their holdings in 2012 transferred 100 bitcoins, valued at approximately $6.98 million, at block height 836,813. Roughly 42 blocks later, at block height 836,855, another…
Arrow Markets Secures $4M in Series A to Forge New Paths in Crypto Options Trading
[Mar 30, 2024 5:26 AM] On Friday, the Avalanche-based options protocol, Arrow Markets, unveiled its successful $4 million Series A fundraising initiative. The global project aiming to “revolutionize crypto options trading” garners support from prominent backers including…
Ethena Details ENA Airdrop for Shard Holders, Announces Bitcoin Sats Campaign
[Mar 30, 2024 2:31 AM] Ethena, the protocol for the synthetic crypto native dollar, has announced an airdrop of its governance token, ENA, for participants in its shard campaign. The platform has stated that after a 6-week shard operation, 750 million ENA (which is 5% of…
TRM Labs Report: Tether’s USDT Was the Go-to Stablecoin for Illicit Activities in 2023
Galaxy CEO: US Debt Crisis Drives Demand for Bitcoin
Quadrigacx Co-Founder Compelled to Account for 45-Bar Gold Stash
[Mar 29, 2024 6:39 PM] Michael Patryn, co-founder of the now-defunct Quadrigacx cryptocurrency exchange, has been compelled by Canadian officers to explain the origin of his wealth. Patryn must explain how he acquired a stash of 45 gold bars, more than $180,000 in cash…
Cardano Latest Technological Updates Unveiled, Analyst Maintains Bullish Outlook on ADA
[Mar 29, 2024 6:00 PM] Cardano (ADA), the proof-of-stake blockchain platform, has made notable progress in technological advancements, according to Input Output Hong Kong (IOHK), the engineering firm behind the Cardano blockchain. IOHK’s recent announcement…
Vitalik Buterin Explores Blobs and Parallelization in L2 Rollup Analysis
[Mar 29, 2024 4:35 PM] In a recent deep dive into Ethereum’s future scalability and infrastructure, Ethereum co-founder Vitalik Buterin discusses the latest introduction of blobs and their significant role in the evolution of layer two (L2) rollups. This pivotal…
Bitmain Reveals S21 Pro Bitcoin Miner: Pioneering 15 Joules per Terahash
[Mar 29, 2024 2:11 PM] On Friday, the producer of bitcoin-specific application-specific integrated circuit (ASIC) mining equipment, Bitmain, unveiled the latest Antminer S21 Pro model during the World Digital Mining Summit (WDMS). This new device features a hashrate of…
Bitcoin Futures Open Interest Hits Record $37.55 Billion With CME Leading the Pack
[Mar 29, 2024 12:01 PM] On Friday, March 29, 2024, the combined open interest in bitcoin futures reached a new all-time peak of $37.55 billion. This uptick occurs amid buoyant bitcoin markets and a growing attraction from institutional investors. Bitcoin Futures Open…
Tokenized US Treasury Bonds Hit $1 Billion Milestone on Public Blockchains
Bitcoin Technical Analysis: BTC Consolidation Points to Potential Shifts Ahead
Underdogs Defy Odds, Shaking up NCAA Tournament Brackets
[Mar 29, 2024 6:00 AM] With the dust settling from Thursday’s upsets, attention shifts to an equally promising lineup of games in the South and Midwest Regions, where teams like Marquette, NC State, Houston, and Duke vie for dominance in their quest for the Final…
UK, US Probe $20B in USDT Transfers by Sanctioned Russian Crypto Exchange
[Mar 29, 2024 5:28 AM] The U.K. and the U.S. are reviewing tether transactions, valued at $20 billion, processed by the sanctioned cryptocurrency exchange Garantex. Digital currency transactions and crude oil sales are believed to be a significant source of foreign…
‘Trust in Authority’ Sustains Popularity of Centralized Exchanges in Latin America, Says Ricardo Da Ros
[Mar 29, 2024 4:20 AM] According to Ricardo Da Ros, CEO of the crypto platform Patex, many crypto users in Latin America (LATAM) seem to prefer using centralized exchanges (CEXs) over decentralized ones. He attributes this preference to a culture in the region that…
Google Introduces Cryptocurrency Wallet Balance Check via Search Engine
[Mar 29, 2024 4:00 AM] Google has enhanced its search engine to allow users to check their cryptocurrency wallet balances directly by entering the wallet’s address, supporting various blockchain networks including Bitcoin, Arbitrum, Avalanche, Optimism, Polygon…
SWIFT Plans to Launch CBDC Interconnection System in Next Two Years
[Mar 29, 2024 1:21 AM] SWIFT, the network that provides the messaging system for cross-border banking settlements, has announced plans to launch a CBDC equivalent of its current network in the next two years. The organization recently completed a 6-month test to assess…
Bitcoin Cash Trading Escalates as Second Halving Event Nears
[Mar 29, 2024 1:13 AM] Bitcoin Cash (BCH) is experiencing a surge in trading activity and open interest ahead of its second halving event set for April 4, with open interest in futures perpetual contracts reaching a record high of $708 million, an increase from the…
Tether Formally Announces a Shift Towards Open-Source AI
[Mar 28, 2024 11:45 PM] Tether, one of the largest cryptocurrency-based companies, has announced a formal expansion into AI, looking to develop open-source models and setting standards in this new industry. For this task, Tether is opening a global recruitment for…
Cleanspark’s Stock Tumbles 10% After Plans to Sell $800 Million in Shares
[Mar 28, 2024 8:52 PM] Bitcoin miner Cleanspark’s stock plunged 10% in after-hours trading after revising its at-the-market (ATM) offering agreement to sell up to $800 million of its stock, a decision that would dilute CLSK shares by 19%, given its $4.2 billion…
Bitwise Files for Spot Ethereum ETF With SEC, Highlights Detailed Correlation Analysis
[Mar 28, 2024 8:46 PM] Bitwise Asset Management has filed with the U.S. Securities and Exchange Commission (SEC) for a spot ethereum exchange-traded fund (ETF), a move aimed at providing investors with regulated exposure to ether without direct ownership of the…
Celo Cements Its Stablecoin Allegiance: Transaction Fees Now Can Be Paid With Stablecoins
[Mar 28, 2024 7:34 PM] Celo, a low-fee, usability-focused blockchain network, has approved a proposal to allow transaction fees to be paid with stablecoins. Network users can now transact only by holding USDC in their wallets, abstracting the complexity of holding other…
Blackrock CEO Larry Fink ‘Very Bullish’ on Bitcoin — Hails IBIT ‘the Fastest Growing ETF’ Ever
US Senate Candidate Calls for Resignation of SEC Chair Gary Gensler
[Mar 28, 2024 3:31 PM] U.S. Senate candidate John Deaton has called for the resignation of U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler. “Under Gensler, the SEC has forgotten, or intentionally abandoned, its primary mission in protecting…
Venom Blockchain Debut In Abu Dhabi Sparks Massive User Surge, Exceeds 1 Million In A Day
[Mar 28, 2024 2:45 PM] With the growing adoption of blockchain technology in various digital asset infrastructures, a team from Abu Dhabi, known for its wealth from the oil industry, has made a significant entry into the space with the launch of the Venom Blockchain. …
Ethereum Blob Inscriptions Exceed 40%, Triggering Unprecedented ‘Blob Contention’
[Mar 28, 2024 1:23 PM] Following the debut of the Dencun upgrade and Ethereum blobs, enthusiasts have devised methods to embed data akin to how Ordinal inscriptions operate. Since this development, inscription-based activities now account for over 40% of blob…
Crypto Community Shows Discontent Over Sam Bankman-Fried’s 25-Year Sentence
[Mar 28, 2024 11:18 AM] In a packed courtroom, Sam Bankman-Fried, the founder of the cryptocurrency exchange FTX, was sentenced to 25 years in prison by Judge Lewis A. Kaplan. The sentencing follows a landmark trial that has captured widespread attention for its…