Category: Cryptocurrency
Despite the large burn value, the network is still inflationary until its PoS transition scheduled for Q2 or Q3. 1821 Total views 41 Total shares According to blockchain data from Nansen Analytics on Tuesday, over $1.096 billion worth of Ethereum (ETH) has been burned in the past month. With the introduction of the EIP-1559 last […]
Fidelity argued Bitcoin should be considered separately from the rest of the digital asset market as no other altcoin comes close to its properties 5091 Total views 92 Total shares Fidelity, the multinational brokerage giant, released a paper on Bitcoin (BTC) titled Bitcoin First. The financial services provider calls for BTC to be treated separately […]
Bitcoin (BTC) is retaking market share from altcoins after its market capitalization dominance hit its highest since November 2021 last week. Data from CoinMarketCap and TradingView reveals BTC briefly accounted for over 42% of the overall crypto market cap in late January. Bitcoin claws back market cap presence Having suffered on the way down from […]
The receiving wallet address now holds more than 90,000 Bitcoin worth about $3.6 billion. 3451 Total views 70 Total shares A chunk of the inactive Bitcoins (BTC) stolen in the 2016 Bitfinex exchange hack has moved from the hacker’s wallets to an unknown wallet on Tuesday, as detected by blockchain analytics bot Whale Alerts. 20 […]
It’s a blow for the NFT space as Kanye West, or Ye, lashes out against the tokens in an Instagram post. 545 Total views 23 Total shares Kanye West won’t be purchasing a Bored Ape Yacht Club nonfungible token (NFT) any time soon. In a strongly worded Instagram post made on Monday, Ye stated “Do […]
Restricting the number of spectators at the major international sporting event will “likely further delay the mass adoption of the digital currency,” according to the Foundation for Defense of Democracies’ Craig Singleton. 601 Total views 6 Total shares Though athletes and support staff arriving for the Beijing 2022 Olympics still have the option of using […]
Uncertainty about crypto regulation can engender internal disagreement even within seemingly monolithic governments. 500 Total views 5 Total shares One of the most fascinating implications of the collision between traditional political institutions and the crypto space is how it can reveal the glaring lack of cohesion within power systems that otherwise look monolithic. Digital assets […]
UNICEF’s latest report on mainstream adoption of cryptocurrencies highlights the possibility of greater financial inclusion along with the need for new child safeguards. 1632 Total views 54 Total shares The United Nations Children’s Fund has called for incorporating child safeguards into online child protection initiatives, citing financial and exploitative threats posed by unregulated crypto markets. […]
Hiromi Yamaoka is currently heading a private forum of 74 companies that are planning to launch a private digital currency. 790 Total views 68 Total shares A former Bank of Japan (BOJ) official who reportedly headed its digital currency research is now advising against its use. According to a report published in the Japan Times, […]
There is not enough Bitcoin for global millionaires if each of them wants to own one, Bukele said. 6704 Total views 97 Total shares Salvadoran President Nayib Bukele made yet another bullish Bitcoin (BTC) prediction soon after the International Monetary Fund had urged his government to remove Bitcoin’s status as legal tender. Bukele took to Twitter […]
