The DRC-20 counterparts of BRC-20 tokens have led to an enormous spike in Dogecoin’s transaction volume following the BRC-20 token frenzy in the Bitcoin network. The daily transaction volume of the OG memecoin witnessed a significant rally and surpassed Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) for the first time.
On Wednesday, stablecoin issuer Tether said that it will begin making regular purchases of Bitcoin (BTC) for its stablecoin reserves. Thus, spending a portion of its earnings to do so. As part of a new investment strategy centered on the world’s biggest cryptocurrency by market value. Tether🧡#Bitcoin Starting this month,
IOVLabs, a prominent leader in the blockchain technology space, has launched a $2.5 million strategic grants program to promote the growth and use of Rootstock, the first Bitcoin sidechain and a burgeoning center of DeFi activity on the Bitcoin network. The program was unveiled today at the first-ever Bitcoin Builders Conference in Miami,
Poor management and a lack of liquidity were found to be major factors in the demise of Signature Bank. FDIC chairman Martin Gruenberg, on the other hand, thinks the bank should have known better about the dangers involved with cryptocurrencies or it would not have fallen so quickly. Gruenberg brought
For retail investors, unbacked cryptocurrencies like Bitcoin (BTC) should be considered as gambling, according to a new recommendation by a UK regulatory group. The Treasury Select Committee, a cross-party committee made up of members of Parliament, “strongly recommended” this approach for the trading of digital assets in a report released
OKX Wallet, a leading web3 technology company, has become the first multichain wallet to support BRC-20 tokens trading with the launch of the Ordinals Marketplace. On May 16, the company announced the launch of the Ordinals Marketplace on the OKX Wallet. 📢 Introducing Ordinals Marketplace on @okxweb3, where you can
Members of the Council of the European Union voted in favor of the Markets in Crypto-Assets (MiCA) legislation on May 16. Granting it final approval and paving the way for it to become a standardized regulation throughout the EU. There were 27 yes votes from Finance Ministers from EU member
MicroStrategy, a developer of business software and analytics, has stated that it would soon release a number of products relating to Bitcoin. A Bitcoin (BTC) wallet and a Lightning address will soon be made available to corporate account users, as he revealed in a recent Twitter post. At @MicroStrategy, we
Meme coins, which frequently feature popular animals such as cats and dogs, have been a common presence in the cryptocurrency sector. Pepe Coin, a new participant in this arena, has recently debuted, grabbing attention with its outstanding price performance. Early Pepe Coin investors saw substantial gains ranging from hundreds to millions
Over one million unique Bitcoin wallet addresses now contain one Bitcoin or more. According to information gathered by Glassnode, the millionth was attained on May 13. 1 Million Wholecoiner Addresses#Bitcoin pic.twitter.com/4ywupjEfOu — Rafael Schultze-Kraft (@n3ocortex) May 12, 2023 There was a significant increase in the number of wallet addresses holding
