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Altcoins Feel the Heat: Crypto Market Theories Run Wild, While Proponents Seek Guidance
11.6.2023
Amid the recent crackdown on two of the world’s largest crypto exchanges, cryptocurrency enthusiasts have been buzzing with discussions on various theories and investment strategies. While some have opted to sell their holdings in the face of uncertainty, others have taken a different...
Bitcoin Dominance Soars to 47.5%: Highest Level in a Year as Other Crypto Assets Suffer
11.6.2023
On June 10, 2023, bitcoin is dominating with a market capitalization dominance of 47.5%, marking its highest level since this time last year, according to coinmarketcap.com. Meanwhile, ethereum’s dominance is holding steady at 20%, indicating that the recent dominance gains made by these...
Report: Binance Controlled Bank Accounts Belonging to Its US Affiliate Between 2019 and 2020
6.6.2023
Between 2019 and 2020, crypto exchange Binance controlled bank accounts belonging to its U.S. affiliate including one holding funds of American clients, a new Reuters report has said. According to the report, employees of the crypto exchange’s U.S. affiliate had to get Binance executive...
First Mover Asia: Bitcoin Holding Pattern Continues as Lawmakers Make Progress in Debt Limit Negotiations
26.5.2023
ALSO: Graphics chip manufacturer Nvidia's powerful GPUs were well-suited for bitcoin mining but they now seem primed to boost the company's sales because of their usefulness in artificial intelligence technology
Bitcoin Climbs Past $27.4K but Remains in Holding Pattern as Investors Continue U.S. Debt Limit Vigil
23.5.2023
Ether and most other major altcoins rise slightly, even as stocks drop amid worries about whether U.S. lawmakers will reach an agreement before June 1
The Kingdom of Bhutan’s Business Division Explores Crypto Ventures With Bitdeer Partnership
22.5.2023
A recent report reveals that Druk Holding & Investments (DHI), the business division of Bhutan’s Royal Government, is exploring crypto initiatives to enhance its portfolio expansion. DHI recently teamed up with Singapore-based crypto company Bitdeer to “jointly develop green...
Bitcoin, Ethereum Technical Analysis: BTC Remains Below $27,000, Ahead of Powell Speech
19.5.2023
Bitcoin once again fell below the $27,000 level on Friday, ahead of a panel discussion which includes Fed Chair Jerome Powell. Powell will be holding a discussion with former Chair Ben Bernanke at a conference in Washington. Ethereum was marginally lower today. Bitcoin Bitcoin (BTC) dropped below...
Bitcoin addresses holding 1 BTC or more reach one million: Glassnode
15.5.2023
Convicted buyers have bought up cheap Bitcoin as prices fell over the course of last year
Paypal’s Latest Report: $1 Billion in Crypto Assets, Holdings Are Predominantly BTC and ETH
10.5.2023
Payments behemoth Paypal has disclosed in a Form 10-Q financial report filed with the U.S. Securities and Exchange Commission (SEC) that it is holding nearly $1 billion in cryptocurrency assets. This news comes on the heels of Paypal’s announcement that Venmo now facilitates external...
FTX sells LedgerX for $50M to affiliate of Miami-based exchange holding company
25.4.2023
The futures and options exchange was purchased by FTX.US in 2021 to expand its spot trading services. Three other FTX assets remain up for sale
Ron Paul on the Future of the US Dollar: ‘The World Is Clearly De-Dollarizing’
24.4.2023
Ron Paul, the former U.S. presidential candidate and former U.S. congressman, has stated that recent geopolitical events have caused nations to start ditching the U.S. dollar. Paul stated that the debasement of the currency, the manipulation of prices, and sanctions against other nations have made...
Bitcoin price holding $27K could open buying opportunities in BNB, ADA, XMR and TON
23.4.2023
Altcoin prices have crumbled since BTC’s sharp pullback, but BNB, ADA, XMR and TON could be the first to bottom
Tesla Earnings: No Changes to Bitcoin Holdings in Q1 2023 – Here's How Much BTC Tesla is Holding
20.4.2023
Electric car maker Tesla revealed on Wednesday that its bitcoin (BTC) holdings remained untouched during the first quarter of 2023.
According to Tesla’s quarterly earnings report, the value of the “digital assets” held on the company’s balance sheet stood at $184 million, which is the same it...
MicroStrategy’s Bitcoin Holding Doesn’t Necessarily Pose a Concentration Risk: Bernstein
19.4.2023
Rising bitcoin prices mean a stronger balance sheet, higher stock prices and easier debt repayment, without the company needing to sell its holdings, the report said
FlareDrop.02 is now available to claim for wallets holding WFLR
17.4.2023
Users holding WFLR (Wrapped FLR) can now start claiming FlareDrop.02. The blockchain network released an official tweet to inform its users. According to the tweet, users can connect their wallets to the Flare Portal for FlareDrop.02. Alternatively, users can also set up auto-claiming to earn...
Wayne Marcel, Head of Biz Dev at FIO, on Replacing Public Wallet Addresses with Crypto Handles, and Usability Holding the Key to Mass Adoption
12.4.2023
In an exclusive interview with cryptonews.com, Wayne Marcel, Head of Business Development for the Foundation for Interwallet Operability (FIO), talks about FIO reaching 1 million crypto handles, NFt authentication, and the recent impact bank issues are having on the crypto industry....
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Shark Tank Star Kevin O'Leary Reveals His Top Crypto Holding of 2023 Despite FTX Collapse
5.4.2023
Billionaire investor and Shark Tank star Kevin O'Leary has revealed that he is still investing in crypto despite the catastrophic collapse of FTX and the subsequent crypto meltdown.
In a comment to Business Insider, O'Leary said that Bitcoin has been his top-performing holding so far this year...
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...
Holding Bitcoin: A profitable affair 88.5% of the days
21.3.2023
The historical price performance of Bitcoin confirms the notion that a hard limit on total supply combined with seamless global usability is key to becoming a store of value
Sotheby’s Holding Meme-Inspired NFT Auction Featuring Beeple
15.3.2023
The auction inspired by the popular subreddit “Oddly Satisfying” will feature works from artists Anyma, Beeple and Luis Ponce and is Sotherby’s first NFT auction in Paris