Japanese investment firm Metaplanet purchased an additional 20.381 BTC, worth 200 million yen (approximately $1.4 million) on Monday. With this recent purchase, the firm has achieved the goal of purchasing 1 billion yen worth of Bitcoin (BTC). The company acquired Bitcoin at an average price of 9,813,061 yen per BTC.
Despite the market volatility and the disappointing CrowdStrike failure, the Bitcoin (BTC) mining hashrate has stayed relatively unchanged. This hashrate really saw a significant uptick, which happened to coincide with the current uptick in the price of Bitcoin. The current Bitcoin mining difficulty is estimated at 82.05 trillion, according to
The crypto market is currently calm, building anticipation for the next bull run. Bitcoin remains a cornerstone, while altcoins present attractive entry points for investors. Prices are already inching up, suggesting they could explode at any moment. It is a ripe moment for those looking to make a significant return,
The first cryptocurrency regulatory framework in South Korea is currently up and operational. Prioritized in the wake of the catastrophic 2022 crypto market crashes at Terra-Luna and FTX, the new regulations aim to provide investor protections. After receiving formal approval on July 18, 2023, the Virtual Asset User Protection Act
The cryptocurrency market has experienced significant volatility since the beginning of July, with a recent downturn following a short-lived recovery. In the past week, several altcoins that had previously hit yearly lows managed to reach monthly highs, breaking through long-awaited resistance levels. Notably, Bitcoin (BTC) surged to a 27-day high
Jack Dorsey has chosen to halt support for the Bitcoin-friendly Cash App in the UK after six years of existence. Cash App, a consumer payments platform that facilitates funds transfers via mobile app, will leave the UK market on September 15. The decision is a result of the difficulties Cash
On Wednesday, a total of $53.35 million daily net inflow was recorded into the eleven U.S. spot bitcoin exchange-traded funds, bringing the positive run to nine days. Having said that, Tuesday’s net inflows of $422 million were far higher. SoSoValue data shows that BlackRock’s IBIT had the day’s greatest net
With great excitement, exSat announces that BitTrade will become one of our network’s prestigious Data Validator nodes. With this collaboration, we will work with a licensed institution for the first time, greatly bolstering scaling solutions via the exSat Docking Layer and improving the Bitcoin ecosystem. exSat: Bitcoin’s Docking Layer ExSat is
Bitcoin (BTC), the leading cryptocurrency, is marginally between the bearish and bullish zones. It is trading above $64K, declining at 0.61% in the last 24 hours. Following the price dip, the global crypto market dropped by 1.06%, returning to $2.37 trillion. Bitcoin’s price action might be backed by speculation about
The defunct crypto exchange Mt. Gox creditors have reported numerous brute force attempts on their accounts, evoking the fear of a potential cyberattack. The Mt. Gox creditor subreddit has been filled with screenshots from users displaying multiple login attempts on their accounts, in the last 24 hours. While others reported
