According to the blockchain data platform Glassnode, the total number of Bitcoin addresses owning 1,000 BTC or more has plunged to its 2019 levels. The entity revealed that currently, there are just 1,997 addresses holding over $26.4 million worth of the primary cryptocurrency (calculated at current prices). 📉 #Bitcoin $BTC Number of Addresses Holding 1k+...Read More
Sam Curry, a security engineer at Yuga Labs, was at the center of a federal investigation conducted jointly by the Internal Revenue Service’s Criminal Investigation Division (IRS-CI) and the Department of Homeland Security (DHS). The investigation traces back to Curry’s involvement in uncovering a cryptocurrency phishing website in December 2022. Sam Curry’s Encounter with Federal...Read More
While the Bitcoin market remained relatively stable in the latter part of Q3 as discussions about spot ETFs subsided, the hash rate exhibited consistent growth throughout the quarter. It recently reached a fresh milestone, surging from 250 EH/s at the start of 2023 to more than 400 EH/s this month. Bitcoin mining difficulty is also...Read More
The popular cryptocurrency analyst, going by the X (Twitter) handle EGRAG CRYPTO, presented an XRP chart, according to which the asset could spike to a 5-year high of $2. In the lines below, we will outline the details of the analysis and summarize other predictions from different experts. ‘Brace Yourself for the $2 Range’ EGRAG...Read More
A new report shows that today, five out of the six largest Ethereum block builders comply with the United States Office of Foreign Asset Control (OFAC) sanctions. A post on X by Toni Wahrstätter, an Ethereum researcher and data analyst, reveals that over the past few months, there has been a noticeable surge in censorship....Read More
This article examines the cryptocurrency market, focusing on Shiba Budz (BUDZ) and Kaspa (KAS) projects. It analyzes their recent developments, their impact on the market, and why Shiba Budz (BUDZ) attracts more holders. Kaspa’s (KAS) hash rate is increasing, but its rewards are slowing down. Shiba Budz Increasing Holders: The BUDZ Craze Shiba Budz (BUDZ)...Read More
Crypto markets remain down around 65%, or $2 trillion in total market capitalization, from their peak in November 2021. The industry has been battered by a barrage of attacks from regulators and politicians, especially in the United States. Moreover, the wave of hacks and exploits has continued unrelenting. Nevertheless, there is a silver lining, and...Read More
[Press Release – London, United Kingdom, September 27th, 2023] In the ever-evolving world of cryptocurrency and online gambling, CryptoCasinos.Casino emerges as a game-changer, providing a comprehensive platform for crypto casino enthusiasts to make informed decisions. The team is thrilled to announce the launch of CryptoCasinos.Casino, a website dedicated to reviewing and comparing the best crypto...Read More
Coinbase co-founder and CEO Brian Armstrong has condemned the planned move by Chase UK, a subsidiary of the US-based multinational financial services behemoth JPMorgan, to restrict its clients in the United Kingdom from making cryptocurrency transactions. The Coinbase chief advised UK crypto holders to close their accounts with Chase in response to the bank’s ban....Read More
The trend coincided with a notable surge in block space demand – a trend that has happened on par with the release of Ordinals and Inscriptions. The elevated demand has been sustained ever since, according to Glassnode’s latest analysis. Despite the concerns surrounding Ordinals congesting the Bitcoin network, the blockchain intelligence firm suggests that there...Read More
Ripple is hosting a party to further unite the XRP community and, more importantly, celebrate the landmark partial victory against the US Securities and Exchange Commission (SEC) secured in mid-July. Apart from drinking and having fun, though, some people believe the gathering could witness some serious developments surrounding the blockchain enterprise and its future advancement....Read More
Bankruptcy Judge Michael A. Kaplan has approved BlockFi’s third revised Chapter 11 plan during a court hearing on September 26, as indicated in a filing on the same date. This development brings the customers of the distressed cryptocurrency lending platform closer to receiving their payouts following the endorsement of its liquidation plan by a United...Read More
[PRESS RELEASE – Seoul, South Korea, September 27th, 2023] SCB X Public Company Limited (SCBX), the ‘mothership’ of Thailand’s leading financial technology group and the parent company of Siam Commercial Bank, has embarked on a groundbreaking collaboration with Hashed, a global leader in Web3 venture capital. Through its recognition of an evolving landscape of technology...Read More
The crypto market has recently been under the weather, with indicators showing downward shifts. Interestingly, these ups and downs offer a deep dive into the current state of cryptocurrency and why the market is down today. The Crypto Market’s Rollercoaster Ride Once riding high, the global crypto market began to lose steam on July 13,...Read More
This article is the first part to a series which will cover what basis trading is in crypto, and explore how it presents an alternative, more advanced trading strategy whereby traders can profit from the interest rate differentials in futures contracts of the same underlying asset, but with different maturities. The Time Value of Money...Read More
With SBF’s trial due to start in less than a week, the court has released guidelines for admissible evidence, both for the prosecution and the defense. The vast majority of requests from the government’s side were granted, with some notable exceptions. Meanwhile, none of the defense’s requests for preclusion were accepted. Excessive Evidence Defense Denied...Read More
The ongoing lawsuit between Ripple and the United States Securities and Exchange Commission (SEC) and the developments surrounding the popular memecoin Shiba Inu (SHIB) remain among the trendiest crypto topics. In the following lines, we will pinpoint the newest events focused on the matter. The Ripple v. SEC Battle The legal fight, which dates back...Read More
[PRESS RELEASE – New York, United States, September 26th, 2023] Decrypt Media Inc. has officially announced 1000x, the first loyalty program for degens. The announcement comes on the heels of the launch of Degen Alley, an expansion of the site’s editorial coverage into new and barely explored corners of the crypto space. Degen Alley embraces...Read More
More than 95% of creditors across all eligible classes voted to accept the plan, reported Celsius on September 26. It is a “testament to our collaborative efforts during Chapter 11” and a “major milestone” it added in reference to the bankruptcy proceedings. “The confirmation hearing is scheduled to begin October 2, 2023. We are hoping...Read More
