Tether, the company behind the largest stablecoin Tether (USDT), is following in the footsteps of MicroStrategy to manage its reserves. The stablecoin issuer plans to strengthen its reserves with the ...
Category: Bitcoin
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Tech enthusiast converts his Bitcoin miner into heater to grow cannabis
With the rapid expansion of the cryptocurrency industry, many people see mining Bitcoin (BTC) as a great way to increase their income, but some of them use mining devices for less conventional ways – ...
Tether USDT to strengthen reserves with Bitcoin purchase
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To man...
Tether buys $222 million worth of bitcoin to back its USDT stablecoin
Paolo Ardoino, Tether’s chief technology officer, said the company estimates that the excess reserve will increase by $700 million in the current quarter, which is not yet over. Justin Tallis | ...
Bitcoin Price Dips Below $27k: Will Bears Continue To Dominate?
After briefly teasing below $26k last week, the Bitcoin price continued with a bearish sentiment on Wednesday. According to the latest crypto market data, Bitcoin price dropped down about 1.1 percent ...
Allocating 15% of Net Realized Operating Profits Regularly in BTC
Tether – the company behind the largest stablecoin by means of total market cap – USDT – will be buying Bitcoin. It joins the rank of other large corporations by adding the primary cryptocurrency to i...
Bitcoin Price Trapped In Narrow Range as Market Uncertainty Increases; What’s Next $30k or $25k?
Published 41 mins ago Over the past five days, the Bitcoin price has been wobbling in a narrow range of $27300-$26700, creating a sense of uncertainty in the crypto market. During this period, the coi...
Bitcoin, Ethereum Technical Analysis: BTC Drops Below $27,000 as US Debt Ceiling Fears Grip Markets
Bitcoin fell below the $27,000 level on May 17, as market uncertainty remained high amidst the debt ceiling crisis in the United States. Congress continues to negotiate terms of a potential increase t...
USDT Issuer Tether Says It Will Buy BTC with Realized Profits for Bolstering Stablecoin Reserves
The company said it will exclusively utilize realized profits from its investment operations for buying BTC, disregarding unrealized capital gains. It means that the firm considers “only the tangible ...
Lightning Labs Unveils Upgraded Taproot Assets Protocol, Paving the Way for Efficient Bitcoin Asset Minting
In a significant development for the Bitcoin community, Lightning Labs has released an updated edition of the Taproot Assets Protocol, promising a more efficient approach to minting new assets on th...
Yachtify (YCHT) token presale captures attention of Bitcoin Cash and Sui investors
In the competitive world of digital currencies, remaining stagnant still can be fatal. Newer projects are emerging every day that offer greater utility and innovation. One such new project is Yachtify...
BTC-ETH Correlation Weakens, Crypto Daily TV 17/5/2023
In Todays Headline TV CryptoDaily News: Bitcoin-Ether correlation weakens Bitcoin and ether, the world’s top two cryptocurrencies by market value, moved in tandem for much of 2022. That positive...
Learn why Avorak AI is converting more Bitcoin users to AVRK
Even with Bitcoin (BTC) having a positive outlook, more investors seem to be moving to Avorak AI (AVRK). So, why is Avorak converting even BTC users to AVRK? What is Bitcoin? Bitcoin (BTC) is the firs...
Tether to invest up to 15% of its profits in bitcoin
Tether, issuer of the world’s largest stablecoin, will invest up to 15% of its profits in bitcoin as it shifts its reserves towards crypto and away from U.S. government debt. Tether will ...
Bitcoin.com Wallet Celebrates Major Milestone With 40 Million Crypto Wallets Created
Bitcoin.com is proud to announce that it has reached a significant milestone in its mission to increase the adoption of cryptocurrency worldwide: the creation of the 40 millionth crypto wallet in the ...
Bitcoin Loses Grip On $27,000 Handle Amid Debt Ceiling Watch
The latest slide of Bitcoin below the $27,000 level has caught the attention of investors who are now keeping a close eye on the debt ceiling negotiations in Washington. With US Treasury Secretary Ja...
Bitcoin Whales Amassed $2.3 Billion Worth of BTC in 5 Weeks: Data
Bitcoin’s price has steadied around $27,000 after numerous failed attempts to march above the psychological resistance level of $30,000. It appears the crypto-asset has entered a consolidation phase. ...
Bitcoin Lightning Network Developer Unveils Game-Changing Taproot Upgrade
Key Points: Lightning Labs announces Taproot Assets v0.2 to provide a more efficient method for minting assets on the Bitcoin blockchain and solve scaling problems. The release enables the minting or ...
BTC Could Drop to $25K and ETH Could Climb to $10K, Says Trader
Altcoin Sherpa shared his latest analysis for BTC and ETH in a tweet yesterday. The trader predicted that there will be a lot of volatility in BTC’s and ETH’s charts in the next few weeks. At press ti...
Bitcoin [BTC]: Analyzing the factors behind king coin’s declining volatility
Over the last 30 days, Bitcoin’s volume declined by nearly 37%. BTC worth $1.3 billion was taken off of exchanges on 15 May. Bitcoin’s [BTC] volatility has again become a subject of interest for crypt...
Lido DAO and Bitcoin Cash Unable to Meet Expectations While Uwerx Presale Explodes
The crypto market is volatile, with some coins experiencing meteoric rises while others struggle to gain traction. In recent news, Lido DAO (LDO) and Bitcoin Cash (BCH) still need to meet investors’ ...
Valkyrie Leveraged Bitcoin Futures ETF gets inspiration from TradFi memes
In its latest futures-based exchange-traded fund (ETF) filing, Valkyrie Funds utilizes one of the popular memes from the financial Twitter community, known as “fintwit,” to capture attention and inter...
Bitcoin Price Holds Support and Might Soon Aim Fresh Increase Above $28K
Bitcoin price is holding support near $26,750. BTC might start a fresh increase if there is a clear move above the $27,550 resistance zone. Bitcoin is holding the key support at $26,750 and $26,600. T...
Kaspersky Uncovers Counterfeit Trezor Wallets That Jeopardize Crypto Assets With Pre-Knowledge of Private Key – Bitcoin News
Kaspersky, the multinational cybersecurity and anti-virus provider, made a startling revelation on May 10th. According to their report, a victim of a crypto hack had unwittingly purchased a counterfei...
Watch these BTC price levels as Bitcoin threatens to lose $27K support
Bitcoin (BTC) looked poised to give up $27,000 as support on May 17 with traders lying in wait for new lows. BTC/USD 1-hour candle chart on Bitstamp. Source: TradingView Whales meet low liquidity Data...
Lightning Labs unveils updated protocol to address bitcoin’s BRC-20 challenges
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Lightning Labs, a leading Lightning Network infrastructure firm, has unveiled an enhanced edition of the Taproot Assets...
Lightning Labs teases new Taproot protocol for Bitcoin-based assets
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To man...
Massive Bitcoin Whales Abruptly Move Over $627,000,000 in BTC – Here’s Where the Crypto Is Going
Top US crypto exchange Coinbase transferred more than $627 million worth of Bitcoin (BTC) to two unknown wallets on Monday morning. Blockchain tracker Whale Alert reports that the two transfers, one w...
Whales Accumulate Nearly 85K Bitcoin, But the BTC Price Remains Unaffected-What’s Next?
Bitcoin price is down today by 1.42% in the past 24 hours, trading at $26,848.93 at the moment! The BTC price just slipped below $27,000, the levels it had held for the past couple of days but had ye...
XRP Rises 6% Following Latest SEC-Ripple Development, BTC Slips Below $27K (Market Watch)
After failing to continue upwards and getting stopped at $27,500, bitcoin has retraced once again and slipped below $27,000. The altcoins are also slightly in the red today, with ETH close to breaking...
Lightning Labs Unveils Updated Protocol to Combat Bitcoin & BRC20 Congestion – Cryptopolitan
As the cryptocurrency market continues to evolve, developers are constantly looking for ways to enhance the user experience and improve transaction efficiency. Lightning Labs, a prominent player in th...
Long-term Bitcoin holders sell nearly 50K BTC – marking 2023 high
Long-term Bitcoin (BTC) holders sold nearly 50,000 BTC on May 15, setting a record for such sales this year. This measure represents revived supply or the amount of the Bitcoin supply that has re-ente...