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Bitcoin Transaction Fees See Sharp Decline Since December Peak, Network Congestion Persists
10.1.2024
On Jan. 10, 2024, the fee for high-priority transactions is set at 42 satoshis per virtual byte (sats/vB), amounting to $2.66 per transaction. The average transaction fee stands at 98.9 sats/vB, equivalent to $11.17 per transfer. Although there has been a decline in onchain fees, they currently...
Valkyrie CIO Says Market May See Ripple, Ethereum ETFs Next
10.1.2024
Source: DALL·E Valkyrie Funds Chief Investment Officer Steven McClurg says it wouldn’t be surprising if a Ripple and Ethereum spot exchange-traded fund (ETF) came to the market speaking in an interview with Bloomberg TV. “It wouldn’t surprise me if we saw Ripple or Ethereum spot ETFs...
El Salvador’s Bitcoin Investment Yields $12.6 Million in Unrealized Gains Ahead of Bitcoin ETF Decision
9.1.2024
Source: AdobeStock/ MMollaretti El Salvador’s Bitcoin (BTC) portfolio of 2,798 tokens has yielded an unrealized profit of $12.6 million, and there are no plans to sell. El Salvador is sitting on $12.6 million in unrealized profits on its bitcoin (BTC) investment after being in the red for...
Pandoshi Token Gaining More Attention in 2024
9.1.2024
In the fast-moving world of cryptocurrencies, we’re currently seeing a period where the prices of many digital coins are going up. This possible bull market is attracting all kinds of investors who are looking for the next big profit maker. There’s especially a lot of interest in...
New York DFS “Needs to Do More” on BitLicense program: State Comptroller
9.1.2024
Source: Pixabay Thomas DiNapoli, New York State Comptroller, highlighted that there is a potential deficiency in the state’s financial regulator’s supervision of virtual currency licenses. The Office released a report stressing that the Department of Financial Services (DFS) “needs to...
SEC Chairman Jay Clayton Says Bitcoin ETF Approval Is Inevitable
8.1.2024
Jay Clayton, former chair of the United States Securities and Exchange Commission (SEC), believes it’s only a matter of time before a spot Bitcoin ETF is approved. “Approval’s inevitable” “I think approval’s inevitable,” Clayton shared during an appearance on Squawk Box Monday. “I think...
Michael Saylor Warns of Deepfake Bitcoin Giveaway Scams Featuring Him and Microstrategy
8.1.2024
Microstraetgy’s executive chairman, Michael Saylor, has warned about new bitcoin giveaway scams using AI-generated deepfake videos featuring him and his company. “There is no such thing as a free lunch,” the Microstratgy executive stressed. The deepfake Saylor urges investors...
Mysterious Million-Dollar Bitcoin Transfer Sparks Wave of ‘Dust’ to Satoshi’s Genesis Wallet
7.1.2024
After the enigmatic transaction on Jan. 5, 2024, in which an unidentified bitcoin wallet transferred 26.917 bitcoin worth $1.19 million to Satoshi Nakamoto’s Genesis wallet, there has been a surge of about 34 dust transfers to the same address in the past 24 hours. A Slew of Micro...
Bitcoin Price Prediction: Marathon Digital’s Record Mining Boosts BTC Amid ETF Hopes
5.1.2024
In the dynamic world of cryptocurrencies, Bitcoin stands at a pivotal juncture, trading at $43,631 with a notable increase of 0.96% on Friday. This upswing is partly attributed to Marathon Digital’s record-breaking achievement in December, mining an impressive 1,853 Bitcoins. Amidst...
Expected Fed Rate Cuts Support Bull Case in Bitcoin, But There is a Catch
4.1.2024
Renewed rate cuts by the Fed have historically presaged recessions and triggered rotation of money out of risk assets
The Big List: Retail Revolution with Cryptocurrency – Retailers Embracing Digital Payments
4.1.2024
Microsoft Office / Source: Adobe There are many retailers accepting cryptocurrency as a form of payment and realizing how important it is to attract and tap into a more tech-savvy client base. Some would argue that the end of fiat currencies is nigh, and eventually, fiat will be replaced by digital...
Peter Schiff Expects Spot Bitcoin ETFs to Bring Speculator Sell-Off, Minimal Institutional Demand
4.1.2024
Economist and gold bug Peter Schiff expects the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) to be a nonevent. The crypto skeptic explained that there is “really no need for a bitcoin ETF, as you can buy and store bitcoin yourself...
When will Shiba Inu (SHIB) reach $0.001? Are there better options available?
2.1.2024
Shiba Inu (SHIB) has carved out its niche as one of the most popular meme coins. However, amidst fluctuating markets and fierce competition, the question on many investors’ minds is: Will Shiba Inu reach the coveted $0.001 mark, and are there better investment opportunities that offer more...
Judge Grants Summary Judgment for SEC in Landmark Crypto Case Against Terraform Labs
29.12.2023
In a definitive ruling, U.S. District Judge Jed Rakoff favored the Securities and Exchange Commission (SEC) in the multi-billion-dollar fraud case involving Terraform Labs and its founder, Do Kwon. Rakoff noted that the Howey test criteria were satisfied for a range of Terra-related assets...
This Solana Alternative is poised to beat the Market Cap of SOL, hint Experts
29.12.2023
In the ever-evolving world of cryptocurrencies, competition among blockchain platforms is fierce. Solana (SOL), with its lightning-fast transactions and impressive scalability, has secured its spot among the top cryptocurrencies. However, there’s a new contender on the horizon that’s...
Ark Invest CEO Cathie Wood Expects Spot Bitcoin ETFs to Boost BTC Price ‘Significantly’
29.12.2023
Cathie Wood, CEO of Ark Investment Management, foresees widespread institutional involvement in spot bitcoin exchange-traded funds (ETFs) following anticipated approval by the U.S. Securities and Exchange Commission (SEC). “All we need is for the trillions of dollars in institutional assets...
Over 65% of Crypto-Related Tweets and 84% of Conversations on Reddit Were Positive in 2023
26.12.2023
Image Source: Pixabay There was a prevailing sense of optimism in the world of cryptocurrencies last year, with over 65% of conversations on X (formerly Twitter) and Reddit radiating positive sentiment. That is according to the latest report on crypto online sentiment by CoinWire and Storible...
Bulgarian Prosecutors Drop Charges Against Crypto Lender Nexo — ‘No Evidence of Criminal Activity’
26.12.2023
The prosecutor’s office for Sofia, the capital city of Bulgaria, has dropped criminal proceedings against crypto lender Nexo. “The team of supervising prosecutors came to the conclusion that there was no evidence of committed crimes,” the authorities stated, adding that crypto...
BetPanda.io
23.12.2023
BetPanda.io is an online casino specializing in cryptocurrencies. This includes many benefits, including the ability to bet anonymously. Betpanda.io does not collect personal information during registration. In other words, there is no KYC process. Betpanda.io is integrated into the Bitcoin …...
SEC Chair Gary Gensler Issues Crypto Warnings as Anticipation of Spot Bitcoin ETF Approval Soars
23.12.2023
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has issued warnings regarding cryptocurrency investments. “There is a lot of noncompliance in the crypto space,” he stressed, emphasizing that it “undermines confidence when so many people have been hurt and...