After a significant rally that saw bitcoin briefly jump to $18,400 from $17,000 in just two days, cryptos are a bit more chill today. Likewise Nasdaq saw gains of 3% and 4% earlier this week, but for ...
Tag: Trustnodes
70% of the Ethereum Network Now Censoring – Trustnodes
More than 70% of all ethereum validators are now complying with the Office of Foreign Assets Control (OFAC) sanctions. The sanctioned smart contract, an asset obfuscating mixer called Tornado Cash, wa...
GBTC’s Discount Deepens to Near 50% – Trustnodes
One bitcoin at Grayscale’s Bitcoin Trust (GBTC) is worth 50% less than one bitcoin on global exchanges. That’s a further increase in the discount over last month, with bitcoin’s price stuck at $9,000 ...
Binance Converts All USDc to bUSD Paxos Confirms – Trustnodes
The stablecoin wars appear to have began with a most interesting revelation coming out of the Proof of Keys test of Binance, which is still sort of on-going. Austin Campbell, the Head of Portfolio Man...
The End of Bear – Trustnodes
2022 will probably be a year to forget for many, regardless of the niceness of its number. Inflation, strikes, a war on democracy, all assets rekt, and yet we’re sort of winning the war, inflation is ...
$1.1 Billion Withdrawn From Binance Says Changpeng Zhao – Trustnodes
Binance is seeing a higher than usual outflow of assets as sharks that have been hopping since FTX, now try and see whether to hop or circle here. “We saw some withdrawals today (net $1.14b ish). We h...
Crypto to Head to Davos – Trustnodes
A new year is nearly here with cold and snow covering much of Europe this crypto winter, but the show goes on with the agenda for Blockchain Hub Davos 2023 unveiled. Coinbase will be there, we’re told...
Inflation Falls Further in November, Bitcoin Jumps – Trustnodes
Inflation has continued falling in the month of November since it reached a peak of 9.1% in June according to the Bureau of Labour Statistics. “The Consumer Price Index for All Urban Consumers (CPI-U)...
Crypto Jumps on the Arrest of Sam Bankman-Fried – Trustnodes
Bitcoin has risen above $17,500 for the first time in a month with ethereum also nearing $1,300 on the announcement by US Attorney Damian Williams that: “Earlier this evening, Bahamian authorities arr...
Crypto is the Top Asset for Rich Millennials Says Survey – Trustnodes
The rich are going crypto with a survey of 1052 millennials that have $3 million or more excluding their residence, finding that crypto is their top asset. “29% of younger people said crypto presents ...
China, The Endless Schrödinger – Trustnodes
It’s precisely nine years since China announced the first ban of bitcoin in December 2013. It wasn’t an actual ban, but it was reported as a ban, with bitcoin at the time having spiked 10x in about tw...
Swiss Bank Starts Offering Bitcoin, ETH, Chainlink and Polygon – Trustnodes
Bank Syz, a Swiss private bank catering to wealthy clients with $30 billion in assets under management, has launched Syz crypto. That’s a new service that will allow their clients to both hold and tra...
Amazon Sabotaged to Not Accept Bitcoin – Trustnodes
Amazon, the world’s biggest shop, is still behind when it comes to new tech and new means of payment. Crypto, whatever its faults, is nonetheless a global tool of emancipation when it comes to commerc...
Double Bottom Speculation Raises Hopes For Christmas – Trustnodes
Traders are looking at some sort of triangles and they’re saying this might be some sort of a bullish divergence. Others speak of a double bottom, an indicator that the bear is maybe thinking of takin...
A Changing World Debuts at TechEx – Trustnodes
A tech industrial revolution is currently on-going without much fanfare or even notice as a number of technologies developed during the past two decades have now reached the stage of being good enough...
Crypto Blockchain Showcased at TechEx Expo in London – Trustnodes
The winter freeze of London streets was not enough to keep away an estimated 5,000 attendants at the tech expo on Thursday and Friday. More than 100 speakers participated in five stages scattered thro...
wBTC Slightly Depegs on Alameda Rumors – Trustnodes
One wBTC is currently not one BTC for the first time since this tokenized dollar launched in 2018. One wBTC is currently worth 0.99 bitcoin, a small difference that nonetheless systematically amounts ...
The Ethereum Foundation Sold 100,000 ETH – Trustnodes
The Ethereum Foundation (EF) has once again perfectly timed the top, selling more than 100,000 eth during the bull of 2021. The Ethereum Foundation started last year with 460,000 eth. It sold 30,000 e...
Vitalik Buterin Moves 40,000 ETH – Trustnodes
Vitalik Buterin, ethereum’s co-founder, has moved about $47 million worth of eth to a new address. This is the second movement from his main account which now has 250,000 eth, down from 320,000 last y...
Happy Thanksgiving, Our Sermons – Trustnodes
It’s the last Thursday of November, a day celebrated since ancient times though in different dates and under different names. In US it has the simplest one: Thanksgiving. The harvest so collected in t...
Bitcoin Miners Sell Pressure Highest in 7 Years – Trustnodes
Bitcoin miners are selling more aggressively than at any time in the past seven years according to Charles Edwards, founder of Capriole Investments. “If price doesn’t go up soon, we are going to see a...
Sam Bankman-Fried, Janet Yellen, Larry Fink and Mark Zuckerberg To Speak At New York Times Summit – Trustnodes
Sam Bankman-Fried, the disgraced CEO of FTX who gambled away billions of customers’ money, is to join such luminaries like the Treasury Secretary Janet Yellen at New York Times’ Dealbook Summit. Larry...
Litecoin Jumps 25% – Trustnodes
Litecoin has suddenly spiked to above $80 from about $60 with the crypto largely maintaining its gains as it trades at $78. It remains far below its all time high of $400, first reached in December 20...
Coinbase Holds 2 Million Bitcoin Says Brian Armstrong – Trustnodes
Coinbase holds about 10% of the entire bitcoin supply according to Brian Armstrong, its CEO. He said: “We hold ~2M BTC. ~$39.9B worth as of 9/30,” with this being in reply to Changpeng Zhao deleting a...
Peak Bear – Trustnodes
It’s November, usually the worst month of the first bear year when everything goes up in flames and full despair sets in. But, don’t despair. Emotionally you all are, there’s nothing you can do about ...
FTX Hacker Moves 200,000 ETH – Trustnodes
The alleged hacker of FTX has moved to new addresses almost all of the 200,000 eth holdings, leaving just 5,000 eth on the original address. The funds were moved through 12 withdrawals of precisely 15...
Coinbase’s Bond Yields Spike to 17%, MicroStrategy to 27% – Trustnodes
Coinbase is seeing a terrible year with its stock down 86% to $42 dollars from a peak of $370 in November 2021. Their bonds have also crashed to $52 for the 2028 maturity from $100, giving it a yield ...
Bitcoin Interest Spikes – Trustnodes
Interest in bitcoin has suddenly spiked recently to 50 out of 100 according to Google trends. Searches for bitcoin were on a downwards spiral since June 2022 when they peaked for this year, falling to...
Mark Cuban Capitulates – Trustnodes
Billionaire Mark Cuban and SharkTank investor has unfollowed many crypto accounts just two days after he said “I believe Smart Contracts will have a significant impact in creating valuable application...
Vitalik Buterin Mocks Paul Graham – Trustnodes
Ethereum’s co-founder Vitalik Buterin has mocked Paul Graham, the founder of startup incubator Ycombinator who said: “A person I have known for more than ten years, who I consider trustworthy, is conv...
FTX Accused of Keeping Bitcoin’s Price Down – Trustnodes
The rumor mill is accusing the now bankrupt crypto exchange FTX of selling bitcoin to buy other cryptos related to FTX. Their bitcoin holdings show a significant plunge in BTC assets during May last y...