Incoming data from CryptoQuant indicates that Binance’s halt of BTC withdrawals could be connected to 3 major transactions between its wallets yesterday. On May 7, the popular crypto exchange Binance announced halting bitcoin-related withdrawals. Moments later, the platform resumed the bitcoin withdrawal services...
Michael Saylor, the CEO of MicroStrategy, a NASDAQ-listed business intelligence firm; and a vocal advocate of bitcoin (BTC), in a recent YouTube interview, shared his thoughts on the coin and its prospects. Bitcoin is the future Saylor said bitcoin is the most disruptive...
Jack Dorsey’s Block recorded a stunning $2.16 billion in bitcoin (BTC) sales in Q1. The fintech company’s main product, Cash App, generated 25% more bitcoin income yearly. The shareholder letter states that the multi-billion dollar bitcoin revenues were attributed to an increase in the quantity...
In a recent tweet, Glassnodes highlighted the number of cryptocurrencies owned by the US government and Mt. Gox trustee. Based on the Glassnodes report, the US government owns about 205,514 BTC. The latter, Mt. Gox trustee, now holds about 137,890 BTC. The Glassnode’s...
Investors have begun augmenting their holdings in DAI and other top stablecoins amid the prevalent selloffs that have triggered a fall in bitcoin prices (BTC) and other assets. Consequently, the cumulative balance of addresses holding DAI has recently witnessed an astronomical surge. The...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Robert Kiyosaki, well known as the author of the best-selling book “Rich Dad Poor Dad,” has made a daring forecast that the bitcoin price will reach $100,000. In a recent tweet,...
The cryptocurrency market has recently faced an alarming decline, with the global market cap plummeting from $1.28 trillion on April 18 to a staggering $1.18 trillion on April 21. Global crypto market cap chart | Source: CoinMarketCap Bitcoin (BTC), the flagship cryptocurrency, has...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Deribit crypto derivatives exchange has launched its zero-fee spot trading, scheduled to start on April 24. The product will initially support three cryptoasset pairs: BTC/USDC, ETH/USDC, and ETH/BTC. Deribit...
Michael Saylor, a co-founder of MicroStrategy, responded to a recent article that discussed the amount of power used for bitcoin mining. According to Saylor, the fact that bitcoin miners don’t contribute to pollution means that a significant number of American households can save...
Despite the immediate concerns of a sell-off, ETH price has gained nearly 7% in the last 24-hours, trading at $1,988 as of April 13. The cryptocurrency market over the months has witnessed a resurgence in bitcoin’s (BTC) dominance over other cryptocurrencies, particularly ethereum...