Bitcoin’s Non-Zero Balance Addresses Keep Surging, But These Key On-chain BTC Metrics Show Weakness
28.3.2023
The number of Bitcoin wallets holding a non-zero BTC balance continues to rocket higher, hitting a new all-time high of 45.388 million on Sunday, as per data presented by crypto analytics firm Glassnode.
That’s a rise of over 2 million since the start of 2022 and is the fastest rate at which...
Bitcoin Hashrate Reaches 400 Exahash per Second, Researcher Says Network Could Reach Zettahash Era by 2025
28.3.2023
Despite Bitcoin’s difficulty reaching an all-time high at 46.84 trillion, participants in bitcoin mining have kept the hashrate running stronger than ever before. According to statistics, on March 23, 2023, the hashrate reached a high of 400 exahash per second (EH/s). The 400 exahash equates...
UK Treasury Cancels Plans for Government-Backed NFT
28.3.2023
Initially proposed in April 2022, the Royal Mint's plans for an NFT are not moving forward “at this time” but the proposal will remain under review
MakerDAO passes new 'constitution' to formalize governance process
27.3.2023
The document creates multiple offices tasked with fulfilling various jobs for the protocol, each with their own powers and responsibilities
Bitcoin Price Prediction as Billionaire Michael Saylor Buys $150 Million Worth of Bitcoin – What’s Going On?
27.3.2023
In recent news, billionaire Michael Saylor has made headlines by purchasing a staggering $150 million worth of Bitcoin, further solidifying his position as a prominent advocate for the world's leading cryptocurrency.
This significant investment has stirred up discussions around the future...
Macro Is Back to Moving the Digital Asset Markets
27.3.2023
Bitcoin is Set to Disrupt Africa's $85 Billion Financial System – Here's What You Need to Know
27.3.2023
Bitcoin (BTC) is on its way to become the currency of choice for moving money between African countries, a new CNBC report has revealed.
The wide-ranging report, authored by CNBC’s crypto reporter MacKenzie Sigalos, came three months after the conclusion of the inaugural Africa Bitcoin Conference...
Bankrupt Crypto Lender BlockFi to Refund More Than $100K to California Clients
27.3.2023
The company will distribute more than $100,000 in loan repayment refunds through its servicer to former clients, pending bankruptcy court approval
First Citizens Bank Acquires Silicon Valley Bank, Costing FDIC Deposit Insurance Fund an Estimated $20B
27.3.2023
According to the Federal Deposit Insurance Corporation (FDIC), the troubled bank Silicon Valley Bank (SVB) was acquired by First Citizens Bank & Trust Company, which is based in Raleigh, North Carolina. First Citizens acquired all deposits and loans from SVB, as well as the 17 branches that...
Euler Finance exploiter returns another $37.1M worth of ETH and DAI
27.3.2023
The exploiter originally drained $195 million worth of ETH and tokens from the protocol but has now returned around $138 million
Bitcoin Sinks Below $27K After CFTC Files Suit Against Binance
27.3.2023
BTC dropped to the lowest level since March 17 after the agency sued the crypto exchange for alleged regulatory violations. Binance Coin (BNB)’s price declined by 5%
Price analysis 3/27: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL
27.3.2023
The crypto market corrected on news of the CFTC suing Binance and its CEO Changpeng Zhao, but technical charts reveal a silver lining