Blockchain
New UK Law Empowering Authorities to Seize and Destroy Crypto Assets Takes Effect Today
A new law enabling the National Crime Agency and police to seize, freeze, and destroy crypto assets is now in effect in the UK Under this law, police can seize crypto from suspects without needing to
Blockchain
New Data Reveals Bitcoin Mining May No Longer Be Profitable – Here’s Why
New data has revealed that Bitcoin (BTC) mining might no longer be as lucrative as it used to be Bloomberg has reported that the profitability of Bitcoin mining is nearing a record low, not seen
Blockchain
Forbes Unveils 20 Crypto ‘Zombies,’ Declares Ripple And XRP Among The Undead
In a controversial report, Forbes unveiled a list of 20 “crypto billion-dollar zombies,” Layer 1 (L1) tokens, which the news outlet defines as crypto assets with substantial valuations
Blockchain
Stablecoins Gain Ground as Global Financial Asset
According to Chainalysis’ “Crypto Spring Report,” stablecoin adoption and market importance are seeing a rapid increase in 2024, with a significant rise in the number of addresses holding them
Blockchain
Ethereum Sell Side Liquidity Thinning On CEXes: Time For $4,000?
Taking to X on April 26, one analyst notes that there is a high probability of Ethereum spiking in the sessions ahead because of thinning sell-side liquidity across major centralized exchanges like
Blockchain
Expert Makes Bold Call: It’s Time To Swap Your Dollars For Bitcoin
Billionaire investor Anthony Scaramucci, the founder of SkyBridge Capital, recently discussed the viability of financial assets He took to X, a social media platform previously known as Twitter and
Blockchain
Swiss National Bank Chief Raises Concerns About Adding Bitcoin to Currency Reserves
The chairman of the Swiss National Bank has expressed reservations about incorporating bitcoin into the central bank’s currency reserves He stated that no decision has been made yet to invest
Blockchain
Binance’s defense against SEC could be aided by Mango Markets case
Binance could strengthen its defense against the US Securities and Exchange Commission (SEC) by drawing on an unrelated case On April 26, Binance and related parties filed a government document from
Blockchain
Timing The Breakout: When Will Bitcoin Escape The Post-Halving Consolidation?
Bitcoin (BTC), the largest cryptocurrency in the market, has been trading within a re-accumulation range between the $59,000 and $70,000 price levels for the past month and a half Crypto analyst
Blockchain
Bitcoin Runes Hype Dissipates: Why This Makes Life Difficult For Miners
Data suggests the hype around the new Bitcoin Runes has severely dropped, something that’s not a good sign for miner revenues Bitcoin Halving Effect Settles In On Miner Revenue As Runes
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Solana Network Sees 68% Crash In 3 Years, What’s Going On?
The Solana network has seen its validator count crash by more than 68% over the past three years, falling from thousands of active nodes to just around 800 The massive decline in validators has
Cryptoquant: Large Holders Step Back, Bitcoin Regains Short-Term Strength
Bitcoin’s pullback may be losing steam, according to new analysis from Cryptoquant researchers, who say easing exchange inflows and exhausted sellers are setting the stage for potential volatility
Ethereum Rewards Keep Rolling In As SharpLink Posts Fresh Staking Gains
Many major companies continue to lock in on Ethereum, the second-largest digital asset, despite the ongoing volatile action of the altcoin’s price One of the methods currently adopted by these
Bitcoin Roars Back To $94K — Traders Rush In As FOMO Explodes: Data
Bitcoin climbed to a three-week high on Tuesday before slipping back, a move that has traders and analysts watching closely Related Reading: NFT Slump Worsens With Monthly Sales Hitting Rock Bottom
Strategy Formally Urges MSCI to Keep Digital Asset Treasury Companies on Global Indexes
Bitcoin Magazine Strategy Formally Urges MSCI to Keep Digital Asset Treasury Companies on Global Indexes Strategy released a letter to MSCI arguing that their proposed digital asset threshold is
