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Grayscale’s GBTC Sheds Over 13,700 BTC in 24 Hours Amid Rising Bitcoin ETF Competition
18.1.2024
Prior to Wednesday’s market opening, Grayscale’s exchange-traded fund, GBTC, reported holding 605,890.87 bitcoin in reserves. However, according to the company’s most recent update, there has been a significant decrease in GBTC’s holdings, with a reduction of 13,793.09...
Tether Reportedly Bought 8.9K Bitcoin for $380M, Remaining 11th-Largest BTC Holder
18.1.2024
The stablecoin issuer announced in May 2023 that it would start buying bitcoin in an effort to diversify the backing of its USDT stablecoin
Bitcoin Miners Curtail Operations During Texas Winter Storm
18.1.2024
Everything is bigger in Texas – including the weather. In recent years, The Lone Star State has seen dramatic weather related events, including overly hot summers and unusually cold winters. For instance, an arctic blast hit Texas in February 2021, leaving many Texans literally out in the cold....
Grayscale Moves Another 9K Bitcoin to Exchange in Preparation for Sale
16.1.2024
The news sent bitcoin tumbling early Tuesday, but the price quickly recovered
Will the Next Bitcoin Halving Be Another Hype Cycle?
15.1.2024
Following the launch of bitcoin ETFs, market watchers are looking for the next event that could drive market prices
Top NFT News Today – 11 January, 2024
11.1.2024
Source: AdobeStock / Passakorn Non-fungible tokens (NFTs) are making (yet another) comeback. Over the last 24 hours, the NFT sales volume went up more than 30% to $50.5 million, according to CryptoSlam. That said, transactions have seen a small drop of less than 0.5%, recording 313,887 at the time...
Bitcoin Miner CleanSpark Buys Another $193 Million Of Mining Equipment After Stock Downturn
8.1.2024
Source: Adobe / Photocreo Bednarek As Bitcoin’s (BTC)’s price surges to multi-year highs, mining firm CleanSpark has closed another nine-figure infrastructure deal to help the company seize as many newly minted units of BTC as possible. In a press release on Monday, the company announced that...
Bitcoin’s Hashrate Hits Record 549 EH/s in Early 2024 Amid Rising Difficulty and Lower Hash Price
7.1.2024
As the first week of 2024 concluded, Bitcoin’s hashrate shattered another lifetime high on Jan. 6, achieving an unprecedented 549 exahash per second (EH/s). Though the hashrate dipped post-Dec. 25, 2023, falling from 546 EH/s to a low of 510 EH/s, it rebounded amidst a declining hash price...
Ark Invest Continues to Sell Coinbase Shares
6.1.2024
In a strategic move, Ark Invest has offloaded another portion of its Coinbase holdings, selling over $29 million worth of COIN shares from its ETFs. This decision aligns with Ark’s target weighting policy and follows Coinbase’s strong performance in the last quarter of 2023. Ark Invest...
Is JTC More Than Just Another Bitcoin Fork?
6.1.2024
$JTC is part of the family of Bitcoin forks, but its legal recourse features make it stand out from the crowd. Is JTC More Than Just A Bitcoin Fork? Successive branches of Bitcoin have emerged that all claim to improve Satohsi’s original vision in one way or another. Generally, these branches...
Bonk Price Prediction as It Falls 6% – Is the Meme Coin Hype Fading?
6.1.2024
Bonk (BONK) is down another 6% on Friday, taking its run of losses since hitting all-time highs in December to nearly 70% as meme coin hype continues to fade. BONK/USD was last changing hands on major cryptocurrency exchanges at around $0.000011, a far cry from its peak a few weeks ago above...
Our Favorite Cosplay From Anime NYC 2023
5.1.2024
It may be 2024, but we haven’t forgotten about 2023's Anime NYC, the three-day anime convention that takes place in the same hallowed halls as New York Comic Con. Anime NYC 2023 took place in mid-November, and drew 60,000 people to the Javits Center on the west side of Manhattan. As you might...
ARK Invest Sells Another $4.2M of Coinbase Shares
5.1.2024
COIN constitutes a 10.34% weighting of ARK's Innovation ETF, a stake worth over $872.5 million
Sei Price Prediction as it Surges 60% in 7 Days – What’s Fueling This Momentum?
4.1.2024
Sei (SEI) Chart / Source: TradingView Sei (SEI), the token that powers the recently launched and much-hyped Sei Network blockchain, has continued to pump in recent days, despite the broader cryptocurrency market succumbing to profit-taking and deleveraging. SEI/USD was last changing hands just...
Solana Price Prediction as SOL Falls 9% Overnight – Are Investors Regaining Confidence?
4.1.2024
The Solana price has dropped by 9% in the past 24 hours, sinking down to $98.69 after fears over another Bitcoin ETF delay pulled the wider market down yesterday. Even with the sharp pullback, SOL remains up by 14% in a fortnight and by 64% in the last 30 days, with the altcoin also sitting...
Report: Turkey Exits From Foreign Exchange Protected Deposit Program
3.1.2024
On Jan. 1 Turkey ended its two-year-old foreign exchange (FX)—protected deposit program in what is seen as another step towards a return to orthodoxy. Treasury and Finance Minister, Mehmet Simsek also signaled the start of what he called a “permanent improvement in the current account.”...
Another Man Arrested in India’s Multi-Billion GainBitcoin Ponzi Scam as Investigation Intensifies
3.1.2024
Source: Pixabay India’s probe agency, the Directorate of Enforcement (ED), has arrested Nitin Gaur, the brother-in-law of Ajay Bhardwaj, in connection with the multi-billion-dollar GainBitcoin Ponzi scam. This arrest is part of the ongoing investigation into the cryptocurrency fraud case involving...
New Year’s Eve Sees Bitcoin Network Break Daily Transfer Record With Over 731,000 Transactions
1.1.2024
As 2023 drew to a close on New Year’s Eve, the Bitcoin network eclipsed yet another record by verifying a significant 731,351 transactions in a single day. This achievement outstripped the previous high set on Dec. 24, 2023, or Christmas Eve, where miners confirmed a total of 723,459...
Bullish Sentiment Grows as Centralized Exchanges See Record Outflows in 12 Months
29.12.2023
Source: Adobe / Luisa Cryptocurrency traders maintain a bullish drive to end the year with another positive on-chain metric going into 2024 as favorable market forces boost optimism. Data from blockchain analytics firm, Glassnode shows over $1.1 billion net outflows from centralized exchanges...
Reports State at Least $1.7B Was Lost in Hacks and Exploits During 2023
29.12.2023
Several reports that have recently surfaced have revealed the extent of losses that crypto platforms and users faced during 2023 as a product of exploits and hacks. TRM Labs’ latest report states that the number ascended to $1.7 billion, while De.fi, another Web3 security firm, states that...