On-chain data shows the Bitcoin supply on exchanges has decreased recently as holders have been pushing towards self-custody. Bitcoin Supply On Exchanges Is At its Lowest Value Since November 2018 Acc...
Tag: Bitcoin
Shark Tank Star Kevin O’Leary Says Most Crypto Tokens Are Worthless — ‘They’ll Eventually Just Go to Zero’ – Markets and Prices Bitcoin News
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says that most crypto tokens are worthless and they will eventually drop to zero in value. He added that he now owns seven cryptocurrencies and he is ...
Happy Bitcoin anniversary, Tesla — Elon Musk firm still hodls 9.7K BTC
Bitcoin (BTC) held by Tesla is still worth 33% less than its 2021 purchase price, the latest data shows. Two years to the day that Elon Musk’s firm added BTC to its balance sheet, most gains continue ...
MicroStrategy’s Bitcoin Maximalism Wavers, Shift To Ethereum?
One of the leading Bitcoin network supporters Michael Saylor, the executive chairman and a co-founder of MicroStrategy, could be losing steam as a maxi. According to a recently revealed audio clip by...
550 BNB lost in contract exploit by decentralized exchange
Recently, the decentralized exchange (DEX) system known as CoW Swap came under assault, resulting in the loss of at least 550 BNB (BNB) due to a contract hack that permitted money transfers away from ...
Commodity Strategist Mike McGlone Says Cryptocurrencies May Be Facing Their First Real Recession – Markets and Prices Bitcoin News
Bloomberg Intelligence’s senior commodity strategist Mike McGlone has warned that “cryptos may be facing their first real recession.” The Federal Reserve tightening despite the risk of a recession “co...
Bitcoin BTC Favored Over Ether ETH by CME Traders in 2023 So Far , Arcane Research Report Shows
Joe DiPasquale, CEO of crypto fund manager BitBull Capital, told CoinDesk that institutional investors’ preference for BTC represented “the safest choice in a bear market.” He noted that Ethereum’s up...
Bitcoin Price Likely to Follow Fetch.ai (FET) Footsteps and Rally to ATH?
The Bitcoin price has been displaying a bullish trend, characterized by higher highs and higher lows, since reaching $24,000 last week. Despite current market indicators suggesting neutrality, potenti...
CEO Sues Board Members for Seizing Control of Crypto Miner
The Chief Executive Officer of the cryptocurrency miner Layer1 Technologies has filed a lawsuit against the other two board members of the business, one of whom being Jakov Dolic, the co-founder of th...
“Disinflationary Process” started: J. Powell, Bitcoin rise $23 K
During an interview with David Rubenstein, Powell reiterated the disinflationary process. The market seems to recover; Nasdaq by 1.5%, S&P 500 by 1.1%, post the interview. After the bad year 202...
Bitcoin Price Analysis: Dominated by Technicals
BTC/USD Dominated by Technicals: Sally Ho’s Technical Analysis – 9 February 2023 Bitcoin (BTC/USD) continued to be dominated by technicals early in the Asian session as the pair encountered selling p...
Former Coinbase Product Manager Seeks to Dismiss SEC Charges of Insider Trading
A former product manager at the cryptocurrency exchange Coinbase has made a formal request to have the allegations of suspected illegal insider trading dropped against them. Since the tokens that are ...
Cryptocurrency Exchanges Offer Assistance to Earthquake-Hit Turkey – Exchanges Bitcoin News
Major crypto exchanges have offered to help the people of Turkey to overcome the consequences of this week’s devastating earthquake. While the crypto industry pledged support, the country’s financial ...
The Merger of Hut 8 and US Bitcoin Corp will be “Hut 8 Corp”
Top shareholders will have equal authority over Hut 8 Corp The new entity will have access to combined power of 825 megawatts (MW) The crypto winter lasted for about a year and its aftereffects are st...
North Korea Stole Over $1 Billion in Crypto in 2022
According to an unclassified study from the United Nations, cybercriminals operating out of North Korea stole more digital assets in 2022 than in any previous year. According to Reuters, the UN report...
122% Rise in 10 Days – Bitcoin News
Statistics show transfer fees on the Bitcoin network have increased 122% since the end of last month, as the average transaction fee has climbed from $0.767 to $1.704 per transaction. The rise in onch...
The Block: Bitcoin mining report: Feb. 8
Bitcoin mining stocks tracked by The Block were mostly lower on Wednesday, with three gaining and the other 16 declining. Bitcoin fell 1.6% to $22,843 by market close. Here is a look at ho...
The Bank of England and the United Kingdom’s Treasury are working on a digital asset
The Bank of England (BoE) and the Treasury of the United Kingdom are moving on with plans to establish a digital currency that might “offer a new method to pay” without necessarily replaci...
Reddit user finds 7zip file probably associated with Julian Assange hidden in Bitcoin Blockchain
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The creator of the nonfungible token collection Bored Ape Yacht Club
The legal dispute between the inventor of the nonfungible token collection Bored Ape Yacht Club and one of the developers of a copycat collection known as RR/BAYC has been resolved via a settlement. O...
3AC Co-Founder Kyle Davies Fails to Respond to Liquidators’ Subpoena Despite Twitter Delivery – Bitcoin News
According to recent court filings, Kyle Davies, co-founder of the defunct cryptocurrency hedge fund Three Arrows Capital (3AC), has allegedly failed to respond to a subpoena from the firm’s current li...
Webaverse Co-Founder Reveals $4 Million Crypto Hack
After having a meeting with con artists who pretended to be investors in a hotel lobby in Rome, the co-founder of the Web3 metaverse gaming engine known as “Webaverse” has stated that the ...
MATIC Moves to 10-Month High, ATOM Extends Recent Gains – Market Updates Bitcoin News
Polygon rose to its strongest point since last April, as prices rose by as much as 6% on Feb. 8. The token surged for a second straight session, after snapping a three-day losing streak on Tuesday. Co...
Bitcoin steady around $23,000 as ether moves higher; equites in the red
Bitcoin was hovering around $23,000 as ether gained. The Sandbox token jumped on news of metaverse partnership talks with Saudi Arabia. Equities slipped. The leading cryptocurrency by market cap...
Arthur Hayes Prepares for Altcoins Surge After Missing Bitcoin Rally
The BitMEX CEO missed out on the recent crypto market rally due to a wrong forecast. Arthur Hayes is withdrawing cash to prepare for an upcoming altcoin rally. The CEO will set his eyes on the TGA as ...
Privacy Coin Interest Stays Tepid as Leading Coins Report Modest Gains in 2023 – Altcoins Bitcoin News
Over the past 90 days, the top privacy coins by market capitalization have seen an increase of just over $2 billion, rising from $4.65 billion on Nov. 9, 2022 to $6.69 billion today. However, while cr...
With 11,000 NFTs Minted to Bitcoin, Are Bitcoin Maxis Coming Around?
When Ordinals launched in January, it caused an uproar in the Bitcoin community as enthusiasts, advocates, and developers argued the merits of putting JPEG on the blockchain. While the heated debate c...
Looking for Exposure to Bitcoin? These 2 Small Bitcoin Mining Stocks Are a ‘Must-Own,’ According to One Analyst
The end goal of investing is profit, and few investments have shown the long-term profit of bitcoin. Yes, the true story in cryptocurrency is its extreme volatility, but the underlying fact is simple:...
Bitcoin Volume On Most Exchanges Plunges, Binance’s Hits ATH
Data shows the Bitcoin volume dominance of Binance has hit a new all-time high as activity on other exchanges has fallen recently. Binance Accounts For 95% Of Bitcoin Volume Among Bitwise 10 Exchanges...
ETH Nears $1,700, Fed Prepared to Maintain Rate Hikes – Market Updates Bitcoin News
Ethereum closed in on the $1,700 level on Wednesday, as markets reacted to comments from U.S. Federal Reserve Chair Jerome Powell. Speaking after Tuesday’s session, Powell hinted that the Fed could co...
Institutional Investors prefer Bitcoin over Ethereum now
Institutional investors are prioritizing Bitcoin over Ethereum in 2023. The report was published by the digital asset analysis firm Arcane Research. According to the research firm, the open interest o...
How to retire rich — even if you just got wiped out
The Wall Street Journal published an article over the weekend about all the millennials and Generation Z “zoomers” who have fled the markets after getting crushed in the 2022 rout. One was 25-year-old...