IntoTheBlock, a blockchain analytics company, reports that the quantity of Bitcoin kept in reserve by mining businesses has dropped to levels not seen since February 2010. That’s been the case for most of 2022 as well. According to IntoTheBlock, Bitcoin miners had a total of 1.91 million BTC in their
October 13, 2022 1 min read
Coin Center sees the action filed today as crucial to the protection of users’ privacy. Coinbase filed a federal lawsuit against the US Treasury last month. Crypto policy-focused non-profit ‘Coin Center’ on Wednesday sued the US Treasury Department’s Office of Foreign Asset Control (OFAC), alleging that OFAC exceeded its power
October 13, 2022 2 mins read
AllianceBlock’s primary objective is to lower the barrier of entry to the blockchain and DeFi for all parties involved including the creators, developers, and end users. Keeping this in mind, the DeFi Terminal website has recently been revamped to provide a more streamlined experience for visitors. AllianceBlock also works tirelessly
October 11, 2022 3 mins read
One of his key goals of Fed is to reduce inflation to below two percent. She points out that the Fed has approved four straight rate rises of 75 basis points. Ark Invest CEO and Chief Investment Officer Cathie Wood blame the Federal Reserve for deflation. To reduce inflation, the
October 11, 2022 2 mins read
Brazilian law enforcement officers searched the home of da Silva and his accomplices. Celebrities like model Sasha Meneghel lost almost $230,000. The activities of a criminal organization headed by businessman Francisco Valdevino da Silva, aka “Bitcoin Sheikh,” were apparently put to a stop by the Brazilian Federal Police. To the
October 10, 2022 2 mins read
Bitcoin’s risk-adjusted gains were third best, after only Solana. Ethereum is called out as the worst performer among the four tracked cryptocurrencies. Even though bitcoin had a negative return of 3.11% in September compared to the previous month, it still managed to beat both the S&P 500 and Nasdaq which
October 9, 2022 1 min read
Etherscan data shows that Whale spent $1,108,000 on the purchase. Shiba Eternity’s developers launched a trailer contest at the end of last month. Recently, the second largest meme crypto by market capitalization value was moved, and it was detected by Etherscan. The token in question was the Shiba Inu token.
October 9, 2022 1 min read
Bitcoin (BTC) now accounts for 65.12% of the $193 million fund. The fund decided to sell its holdings in XRP after Ripple lawsuit. As part of its quarterly rebalance, top cryptocurrency asset management Grayscale has announced that it would now support Polygon (MATIC) in its large-cap cryptocurrency portfolio. In February
October 8, 2022 1 min read
With the change in ownership came a substantial increase in trading volume. Leon Li will no longer have any say in Huobi Global’s day-to-day operations. On Saturday, Huobi Global said that its founder Leon Li has sold a majority of the company to About Capital Management of Hong Kong. Huobi
October 8, 2022 2 mins read
The finance minister of Norway, Trygve Slagsvold Vedum, has proposed that the government do away with a programme that gives crypto data centers a discounted cost on power. The Norwegian government made a proposal on Oct. 6 that might affect Bitcoin miners by making data centers in the nation pay
October 7, 2022 1 min read
