239 / 253 Relevant items tagged with #Cryptocurrency
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BUSD Stablecoin Drops from Top 10 Crypto Assets Amid Significant Decrease in Dominance
[Feb 25, 2023 1:00 PM] After Paxos announced that it would no longer mint the stablecoin BUSD, 4.98 billion BUSD stablecoins have been removed from circulation to date. The Paxos-managed stablecoin has also fallen out of the top ten crypto assets by market…
Crypto Market Slides as Total Value Locked in Defi Falls Below $50 Billion Mark
[Feb 25, 2023 11:00 AM] The value of the crypto market has started to slide again after a bullish run-up over the last seven weeks. The total value locked (TVL) in decentralized finance (defi) has slipped below the $50 billion mark to $49.8 billion. The TVL in defi has…
Bitcoin Mining Difficulty Reaches All-Time High as Miners Face Second-Largest Increase This Year
Germany’s DZ Bank to Offer Crypto Custody With Swiss Firm Metaco
[Feb 25, 2023 7:00 AM] The second-largest bank in Germany, DZ Bank, is preparing to become a provider of custody services for crypto assets. The offering will be facilitated by a partnership with Metaco, a Swiss company that specializes in helping financial institutions…
Citizens Trust Bank to Hold $65 Million in USDC Reserves as Circle Expands Bank Partnerships
[Feb 24, 2023 6:05 PM] On Friday, the cryptocurrency firm and stablecoin issuer Circle announced that the financial institution Citizens Trust Bank will hold $65 million in usd coin cash reserves. Circle said the move is part of the company’s plan to allocate…
NFT Sales Soar 138% in Past Week, Blur Market Dominates This Week’s ETH-Based NFT Sales
[Feb 24, 2023 2:00 PM] Non-fungible token (NFT) sales have soared this past week, climbing 138.15% higher than the week before. Sales recorded between last Friday and Feb. 24, 2023, indicate that $801 million in NFT sales have been settled over the last seven days…
Optimisim (OP) Records 14% Gains In One Day As Crypto Market Turned Red
[Feb 24, 2023 8:30 AM] The crypto market is recording some pullbacks today, as many coins are now red. The global market cap is down by 1.46% in 24 hours, while the other top three coins, BTC, ETH, and USDT, are all red in hourly, daily, and weekly values. But amidst…
Tron (TRX) Holds Gains On Weekly Chart Amidst Top Coins’ Corrections
[Feb 24, 2023 7:30 AM] Many digital currencies recorded bullish price movements in the last 7 days. However, in the past 24 hours, several tokens, including top coins, have shown signs of corrections. According to CoinMarketCap data, Bitcoin and Ethereum have declined in…
VC blockchain and crypto funding drops off in Q4 2022: Report
[Feb 24, 2023 5:38 AM] 2022 saw an overall decline in the amount of venture capital funding going into the blockchain and cryptocurrency space.
Binance Looking to Hire Developers, Support Staff in Romania
[Feb 24, 2023 4:30 AM] Global crypto exchange Binance is now hiring IT specialists and customer service representatives for its operations in Romania. The leading coin trading platform is also engaged in a number of educational initiatives in collaboration with Romanian…
Crypto Exchange Coinbase Launches Ethereum L2 Scaling Network Called Base
[Feb 23, 2023 8:30 PM] The cryptocurrency exchange Coinbase has announced the deployment of Base, an Ethereum layer two (L2) scaling network, after developers launched the Base testnet on Thursday. The company said it is incubating Base within Coinbase and that the L2…
Bitcoin At A Crossroad Around $24,000, Which Side Will Crack First?
[Feb 23, 2023 5:00 PM] Bitcoin has formed a range at its current trading level, avoiding a drop to the $22,000 area by bouncing off its support at $23,500. Bitcoin is at a crossroads as the bulls and bears are battling to decide which side will come ahead. As of this…
Russian Founders of Defi Platform Forsage Indicted in $340 Million Crypto Ponzi Scheme
[Feb 23, 2023 4:30 PM] Four Russians have been charged in the U.S. with operating a crypto pyramid and Ponzi scheme that defrauded investors of millions of dollars. If convicted, they would face a maximum penalty of 20 years in prison for their roles in the purportedly…
Former Cohasset High School Employee Accused of Stealing Thousands in Electricity to Mine Bitcoin in School Campus Crawlspace
[Feb 23, 2023 12:30 PM] A former school assistant facilities director in Cohasset, Massachusetts, has been accused of operating a cryptocurrency mining operation inside a crawlspace at Cohasset High School. The Cohasset Police Department alleges that Nadeam Nahas stole…
Filecoin (FIL) Continues To Shine With 45% Gains, Can It Test $10?
[Feb 23, 2023 10:30 AM] According to CoinMarketCap, the cumulative crypto market capitalization surged by 1.24% over the past 24 hours. Its current value sits at $1.11 trillion. Notably, Bitcoin and Ethereum show 24-hour price trends upward. While BTC gained 0.37% at…
Former FTX CEO Sam Bankman-Fried Faces New Charges in Multi-Billion Dollar Fraud Case
[Feb 23, 2023 9:15 AM] Sam Bankman-Fried (SBF), the disgraced co-founder of FTX, faces four more charges after a new indictment was unsealed on Wednesday. The charges include operating an unlicensed money transfer business and conspiring to commit bank fraud. SBF Gets 4…
Crypto Assets Starting To Become “Overbought,” Santiment Says
SEC files objection to Binance US bid for Voyager assets
[Feb 23, 2023 4:46 AM] The SEC has moved to bar final approval of Binance.US’ $1 billion bid for assets belonging to bankrupt crypto lending firm Voyager Digital.
Crypto Groups on Russian Social Media Hit by Bots Discrediting Bitcoin
[Feb 23, 2023 3:30 AM] Social media groups devoted to cryptocurrencies in Russia have been attacked by bots in what looks like a campaign against bitcoin and the like. Their comments on Russia’s largest social media platform are triggered by certain keywords like crypto…
Briton Wanted by US for Advising North Korea on Crypto Arrested in Russia
[Feb 23, 2023 1:30 AM] A British national wanted with a red notice from Interpol for consulting North Korea on cryptocurrencies has been detained in Moscow. U.S. authorities allege that the man helped the regime in Pyongyang to bypass sanctions using digital assets. U.K…
Luxor Technologies Acquires Ordinalhub to Provide Tools for Bitcoin-Based NFTs
[Feb 22, 2023 3:30 PM] With Bitcoin-based digital collectibles becoming a popular trend, the full-stack bitcoin mining services company Luxor Technologies has acquired the platform Ordinalhub, a project that provides tools to buy, sell, and track Bitcoin-issued…
Bitcoin Retreats To Key Support, BTC Bears Have A Fighting Chance?
US Federal Trade Commission Investigates Marketing Schemes of Crypto Firm Voyager
[Feb 22, 2023 1:30 PM] According to a court document filed recently in the Voyager Digital bankruptcy case, the U.S. Federal Trade Commission (FTC) is investigating the marketing of the crypto firm. Like the U.S. Securities and Exchange Commission (SEC), the FTC has…
Litecoin Network Adopts Ordinal Inscriptions, Following Bitcoin’s Lead
[Feb 22, 2023 8:30 AM] Following a growing trend of Ordinal inscriptions on the Bitcoin blockchain, the technology has been ported to the Litecoin network, and the number of onchain Litecoin inscriptions has surpassed 13,000. Software developer Anthony Guerrera made…
Paraguay to Become Top Bitcoin Mining Hub in Latam According to Insight Group
[Feb 22, 2023 6:30 AM] Paraguay, one of the smallest countries in Latam, has the conditions needed to become the next Bitcoin mining hub in the region, according to mining insight group Hashrate Index. The company notes there are many elements in favor of Paraguay…
Binance Increases USDC Holdings as BUSD’s Market Cap Slides Lower
[Feb 21, 2023 3:30 PM] Eight days ago, Paxos announced that the company would no longer mint the stablecoin BUSD. Since then, the coin’s market capitalization has been sliding lower as redemptions have become more prominent. Meanwhile, a data researcher from…
A Notorious BID Wall in Bitcoin Trying to Push Price Above $25,000, Can BTC Go Higher?
[Feb 21, 2023 1:00 PM] Bitcoin has failed another attempt to climb above the $25,000 mark, falling to the $24,600 level. BTC price action has been consolidating above the 24,500 level and experiencing a sideways movement for the past five days. The research and data…
Original Bitcoin Wizard Artist Raises Nearly $150,000 in BTC via Lightning, Despite Criticism From Bitcoin Maximalists
[Feb 21, 2023 11:30 AM] On Monday, crypto proponent Udi Wertheimer shared a story on Twitter explaining how he and the Taproot Wizards helped an artist who created the original 2013 bitcoin wizard meme raise nearly $150,000 in bitcoin. While the minting and sale were…
Bitcoin Cash (BCH) Surges 21% In One Week, Will This Rally Continue?
[Feb 21, 2023 10:30 AM] The global cryptocurrency market capitalization is down by 1.20% in 24 hours. As such, a lot of cryptocurrencies are down in the last 24 hours while others still hold their past week’s gains. However, some crypto prices have been up over the past…