rise

From Lehman Brothers to First Republic Bank: Bitcoin’s rise in uncertainty

0xMain
May 17, 2023

Bank, bitcoins, Brothers, Hacking, Lehman, Republic, rise, uncertainty

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. With the recent banking turmoil, ongoing recession and ‘signs of another global economic crisis,’ cryptocurrencies are – once again – emerging as...

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PayPal’s crypto holdings rise 56% to $943m in Q1 2023

0xMain
May 10, 2023

943m, Crypto, Hacking, holdings, PayPals, rise

PayPal’s crypto holdings rose 56% in Q1 2023 per a recent submission to the U.S. Securities and Exchange Commission (SEC). In Q1 2023, PayPal’s cryptocurrency assets comprised $499m in bitcoin (BTC), up from $291m in December; $362m in ethereum (ETH), an increase from...

Trader pays almost $120k in ETH as transaction fees rise

0xMain
May 9, 2023

120k, ETH, fees, Hacking, pays, rise, Trader, transaction

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Gas fees on the Ethereum network seem to be high again after a trader paid 64 ETH, worth around $120,000, for a single transaction. 64 ETH for one transaction ...

Bitcoin mainstream adoption on the rise, data shows

0xMain
May 3, 2023

adoption, Bitcoin, data, Hacking, mainstream, rise, shows

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Data show that bitcoin (BTC) daily transactions have hit a new all-time high, while the number of addresses sending to exchanges has reached a 6-month low. Bitcoin’s bullish momentum...

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Tensions rise as crypto regulation in America spurs debate

0xMain
April 26, 2023

America, Crypto, debate, Hacking, regulation, rise, spurs, Tensions

On a recent episode of the All-In podcast, technology investor Chamath Palihapitiya sent shockwaves through the crypto community by declaring, “Crypto is dead in America.” He attributed this startling assertion to the intensified regulatory efforts of U.S. authorities, singling out SEC Chairman Gary...

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Global DeFi TVL drops to 5-week low as the bears rise

0xMain
April 25, 2023

5week, bears, DeFi, drops, Global, Hacking, rise, TVL

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The global decentralized finance (DeFi) total value locked (TVL) has dropped to a 5-week low. The downward movement started amid the fall of the total cryptocurrency market capitalization from...

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Digital yuan promotions helped Chinese crypto stocks rise

0xMain
April 24, 2023

Chinese, Crypto, Digital, Hacking, helped, promotions, rise, stocks, yuan

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The rise of the digital yuan, China’s national central bank digital currency (CBDC), helped some crypto-related stocks surge while the cryptocurrency market has been facing notable drops. On April...

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Exploring Australia’s rapid rise in the global crypto ATM landscape

0xMain
April 19, 2023

ATM, Australias, Crypto, Exploring, Global, Hacking, landscape, rapid, rise

Currently hosting 370 locations, Australia has surpassed Asia’s total number of crypto ATMs and now ranks third globally. The global crypto ATM market has experienced significant growth in recent years. The United States led the charge with 29,002 locations, followed by Canada at...

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Huobi Global records $30m profit in Q1, forecasts fourfold rise in Q2

0xMain
April 10, 2023

30m, forecasts, fourfold, Global, Hacking, Huobi, profit, records, rise

Crypto exchange Huobi Global has recorded a profit of $30 million in the first quarter of 2023. Justin Sun, Tron founder and Huobi Global advisor, expects profits to rise fourfold in Q2, following measures implemented to reduce costs and boost efficiency. Sun announced...

BAYC clones rise as BTC ordinals fees spike

0xMain
March 24, 2023

BAYC, BTC, clones, fees, Hacking, ordinals, rise, spike

As a result of the increased interest in digital collectibles sparked by replicas of a top NFT line, the total number of bitcoin ordinals has already surpassed 550,000. According to a study published by Dune Analytics, the total daily transaction costs for minting...