Blockchain
Funding rate turns negative as Bitcoin drops below $64k
Perpetual futures are a type of derivatives contract unique to the crypto market Unlike traditional futures, which have a set expiration date, perpetual futures never expire, allowing traders to hold
Blockchain
Bitcoin MVRV Hints Now Is A Good Time To Buy: Analyst
An analyst has explained how a pattern forming in the Bitcoin Market Value to Realized Value (MVRV) could suggest now may be the time to buy Bitcoin MVRV Momentum Could Reveal Buying Opportunity For
Blockchain
Solana-based PoW project Ore halts mining, announces version 2
Solana-based proof-of-work project (PoW) Ore has suspended its mining operations immediately, citing network congestion and instability issues The halt follows a remarkable surge in Ore’s
Blockchain
Skybridge Founder: It Pays to Be Long Bitcoin — BTC Will Be Inflation Hedge and Store of Value as It Scales
Skybridge Capital founder Anthony Scaramucci firmly believes that bitcoin will be both an inflation hedge and a store of value as the cryptocurrency scales He emphasized that bitcoin is “still
Blockchain
Elon Musk Wants Everyone To Pay To Use X, But Can You Pay In Dogecoin?
Dogecoin is once again in the spotlight with speculation that DOGE payments are coming to X (formerly Twitter) as the platform looks to charge users a fee to post and interact on the platform This
Blockchain
Cat-Themed Memecoin Surges 14.9% After Major Exchange Listing And Whale Frenzy
Memecoins have been the most popular narrative of Q1 2024, with dog-inspired tokens leading the pack However, one memecoin has been jumping on the roofs and assuring everybody hears it meow Cat in a
Blockchain
PayPal ends protection for NFT transactions due to industry volatility
PayPal announced that it will no longer offer buyer and seller protection for transactions involving NFTs from May 20, marking a notable shift in the company’s approach to the digital asset
Blockchain
Binance’s $4.3 Billion Settlement Faces DOJ Scrutiny Over FTX Ties In Monitorship Decision
In recent developments, the US Department of Justice (DOJ) has been reevaluating its choice of law firm to oversee the cryptocurrency exchange Binance as an independent monitor The decision
Blockchain
Crypto Expert Predicts Bitcoin Will Reach $650,000 Due To This Reason
A crypto analyst has made a bold prediction about Bitcoin, anticipating that the pioneer cryptocurrency could surge to $650,000 as the Spot Bitcoin ETF market continues to grow BTC’s Next
Blockchain
Core Scientific Set to Boost Texas Mining Facility by 72 MW Ahead of Bitcoin Halving
With just over three days remaining until the halving, Core Scientific has announced its plans to enhance its Texas mining facility by an additional 72 megawatts This project is scheduled for
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Why Did Bitcoin Just Jump 10%? Blockchain Firm Weighs In
The cryptocurrency market has been on a hot streak in the past few days, with several large-cap assets posting significant gains in the past week Most notably, the Bitcoin price bounced back from
Tether Adds Fresh $1 Billion USDT To Supply – Bitcoin To Rally Again?
According to data from CoinMarketCap, Bitcoin rose by 29% on Friday to trade above $67,000 for the first time since April 24 This positive price performance by the maiden cryptocurrency has been
Mid-May NFT Sales Drop by 8.97%, Top 4 Chains See Reductions
Between May 10 and May 17, non-fungible token (NFT) sales totaled $15056 million, marking an 897% decline from the previous week’s figures NFT sales have consistently decreased on a weekly
DOJ Arrests Two In Connection With $73 Million Crypto Laundering Scheme
United States authorities have charged two foreign nationals for laundering $73 million in cryptocurrency investment scams, commonly known as “pig butchering” This development was
Analyzing the US Government’s Bitcoin holdings: What you need to know
The following is a guest post from Vincent Maliepaard, Marketing Director at IntoTheBlock According to the latest data from IntoTheBlock, the US government holds over 1% of the Bitcoin supply, valued