Category: Cryptocurrency
United States Senate Agriculture Committee chair Debbie Stabenow and ranking member John Boozman introduced the Digital Commodities Consumer Protection Act bill on Wednesday. The bill has been expected for several months. Like the Digital Commodities Exchange Act (DCEA) introduced into the House of Representatives by members of the House Agriculture Committee in April, the new […]
Fifty-one days have passed since Bitcoin (BTC) last closed above $24,000, causing even the most bullish trader to question whether a sustainable recovery is feasible. However, despite the lackluster price action, bulls have the upper hand on Friday’s $510 million BTC options expiry. Bitcoin index/USD 1-day price. Source: TradingView Investors have been reducing their risk […]
An innovation on the Bitcoin Lightning Network (LN) could shelter users from the price volatility of BTC by providing access to dollars. 740 Total views 51 Total shares Dollars at the click of a button on the Lightning Network could soon become a reality. An innovation from Galoy, the provider of open source core banking […]
Bitcoin (BTC) miners now own more BTC than at any time in history as the impact of the past months’ turbulence wears off. According to data from on-chain analytics firm CryptoQuant, miners’ BTC holdings increased dramatically in July. Miners keep stacking sats In the latest sign of miners recovering from recent price weakness, the amount […]
A sharp fall in the cryptocurrency’s price in May and June appears to have coincided with the increase in wallet addresses holding more than one Bitcoin. 3157 Total views 33 Total shares Smaller Bitcoin (BTC) investors have found a unique opportunity during the crypto slump to snap up their favorite cryptocurrency. The number of “wholecoiners” […]
The online retail broker blamed the economy for a decline in user numbers and net revenue that fell 44% year-on-year, although revenue from crypto rose moderate… Source: Cointelegraph
The crypto contagion only hurt entities that poorly managed their treasuries, but didn’t affect the underlying blockchain technology, he said. 74 Total views 3 Total shares The crypto contagion sparked by Terra’s infamous implosion this year only spread to companies and protocols with “poor balance sheet management” and not the underlying blockchain technology, says Kraken […]
NFT marketplace Magic Eden noted that it “seems to be a widespread SOL exploit at play” and called on users to revoke permissions for any suspicious links in their Phantom wallets. 877 Total views 19 Total shares A security vulnerability impacting the Solana ecosystem has reportedly seen millions in funds drained across a number of […]
Italian high-end fashion giant Gucci has become the first major brand to accept payments in the Bored Ape Yacht Club affiliated ApeCoin (APE). The move was announced on August 1 and could provide the ApeCoin project with significant mainstream exposure along with bringing further utility to the cryptocurrency. Gucci customers in the United States (U.S.) […]
The soon-to-be former CEO said splitting the roles of MicroStrategy’s chief executive officer and chair would help the firm pursue its strategy of “acquiring and holding Bitcoin.” 1334 Total views 36 Total shares Bitcoin maximalist Michael Saylor has announced that he will step down as the chief executive officer of MicroStrategy, the business intelligence firm […]