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Samourai Wallet Charges Raise Existential Questions for Privacy Tech
25.4.2024
Co-founders Keonne Rodriguez and William Lonergan Hill are charged with money laundering related to the privacy-protecting wallet
Runes account for 68% of Bitcoin transactions since launch
25.4.2024
In a revelation that has sent shockwaves through the cryptocurrency community, Runes, a revolutionary protocol introduced to the Bitcoin network, has emerged as the driving force behind a staggering 68% of all Bitcoin transactions since its launch. This unprecedented adoption rate underscores...
Bitcoin Dips to $63K as Rate Cut Hopes Dim Following Disappointing U.S. Inflation Report
25.4.2024
Increasing concerns about sticky inflation hit risk assets across all markets including cryptos
US spot Bitcoin ETFs’ $120M daily net outflow doesn’t scare investors
25.4.2024
The BlackRock iShares Bitcoin Trust (IBIT) experienced something new: no inflow was coming in. Since the start of January, IBIT has had millions of investors daily. BlackRock received almost $15.5 billion through IBIT in just 71 days. But on April 24, the 71-day streak ended as IBIT saw $0...
Marketplaces See Surge in Runes-Based DOG Token Trading, Market Cap Now at $319M
25.4.2024
On Thursday, the newly launched Runes protocol token named “DOG•GO•TO•THE•MOON” climbed to the pinnacle of Runes-based tokens in trade volume across non-fungible token (NFT) marketplaces, including Okx’s NFT market and Magic Eden. In 24 hours, the token amassed approximately $13.20 million...
Bitcoin price risks 1-week lows as US GDP sparks 'stagflation' woes
25.4.2024
Bitcoin traders remain unfazed while BTC price action follows stocks downward on the back of surprise U.S. macro data
Despite Runes’ Transaction Dominance, Bitcoin Miners See Continued Revenue Drop
25.4.2024
According to recent data, transactions linked to the Runes protocol have been notably high in block utilization since its implementation on April 19. Figures from April 23 show that transactions involving Runes accounted for 81% of block usage on that day. In contrast, traditional financial...
Time to buy Bitcoin? Recent downturn shows off advanced Octoblock features
25.4.2024
The recent Bitcoin price drop has prompted astute investors to consider entering the market while simultaneously displaying the potential of Octoblock’s advanced features. Bitcoin price The Bitcoin price plunged below $60,000 on April 17, reaching levels last seen in February. This decline...
Bitcoin Events announces two exciting events in South Africa: Crypto Fest 2024 and Blockchain Africa Conference 2024
25.4.2024
Get ready for a double dose of excitement as Bitcoin Events proudly presents two premier events in South Africa: Crypto Fest 2024 and the Blockchain Africa Conference 2024. Crypto Fest 2024: A thrilling crypto extravaganza Prepare to immerse yourself in the dynamic world of cryptocurrency at...
The sign ‘Buy Bitcoin’ which included Janet Yellen, sold for $1 million
25.4.2024
A page of a notepad with Buy Bitcoin written on it hung behind Janet Yellen, who was then the United States Federal Reserve Chair, was sold for more than $1 million, equivalent to 16 Bitcoin. Justin, who turned out to be the highest bidder, goes by another moniker, Squirrekkwrath. The Bitcoin...
Salvadoran Official Crypto Wallet Chivo Dismisses Alleged Hacking Event
25.4.2024
Chivo wallet, the official cryptocurrency wallet of El Salvador, has dismissed an alleged hack of the source code of its software and the data of over 5 million users linked to the wallet’s KYC procedures. According to Chivo, the data of Salvadorans is protected, and the security of its data...
First Mover Americas: Bitcoin Drops Below $64K, Ether Falls
25.4.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for April 25, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Morgan Stanley may permit 15K brokers to suggest spot bitcoin buying
25.4.2024
According to a statement released by AdvisorHub, Morgan Stanley could permit 15,000 brokers to suggest buying spot bitcoin exchange-traded funds. The company is supposedly laying the ground for the suggested buying and the need related to risk factors and bindings on distribution and trading...
Instagram Influencer ‘Jay Mazini’ Sentenced to 7 Years in Prison for Multi-Million Dollar Crypto Ponzi Scheme
25.4.2024
Instagram influencer Jebara Igbara, known as "Jay Mazini," has been sentenced to seven years in prison for orchestrating a multi-million dollar cryptocurrency Ponzi scheme.
The post Instagram Influencer ‘Jay Mazini’ Sentenced to 7 Years in Prison for Multi-Million Dollar Crypto Ponzi...
Runes Make Up 68% of All Bitcoin Transactions Since the Halving
25.4.2024
Runes have contributed to up to 68% of Bitcoin transactions since the halving, however, the fees earned by Bitcoin miners have started to dwindle.
The post Runes Make Up 68% of All Bitcoin Transactions Since the Halving appeared first on Cryptonews
Bitget Cites High Adoption Rates in MENA Following 1,400% Surge in Region’s Active Users
25.4.2024
Between November 2023 and April 10, the number of active cryptocurrency users from the Middle East and North Africa using the Bitget platform grew by more than 1,400%. Bitget’s strong performance in the Middle East and North Africa is attributed to the region’s perceived high adoption rates and...
US SEC expected to deny spot Ether ETFs next month
25.4.2024
Other evidence suggests that the SEC will likely delay the approval of spot Ether ETFs, while Hong Kong will start trading such products next week
Yield App Angel Launchpad: Finding Promising ICOs Without the Risks
25.4.2024
The crypto bull market is well underway, with activity in the VC and early-stage funding sector mounting over the last few weeks as the highly anticipated Bitcoin halving approached. And, as the post-halving phase begins, increasing numbers of new projects are expected to come to market in search...
BlockDAG presales explodes with $20.6M after moon teaser & Bitcoin halving amid KangaMoon & Toncoin’s April developments
25.4.2024
BlockDAG’s presale success has sent shockwaves through the cryptocurrency community, amassing a staggering $20.6 million in funds. This surge in investment comes on the heels of an electrifying moon teaser announcement and the impending Bitcoin halving. As BlockDAG captures the spotlight with...
Bitcoin Inflation Rate At An All-Time Low
25.4.2024
Bitcoin's inflation rate has reached a new milestone, recording an all-time low of approximately 1.74%, just days after the latest Bitcoin halving.
The post Bitcoin Inflation Rate At An All-Time Low appeared first on Cryptonews