With Bitcoin Cash’s Nov. 15 chain split looming, BCH hodlers have deposited more than $300 million worth of the coin into exchanges since the start of the month. Bitcoin Cash (BCH) hodlers are scrambling to get their coins onto exchanges ahead of the hard fork expected for Nov. 15. According to Chainalysis, nearly $140 million […]
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A U.S.-based mining firm has inked agreements with foreign investors to issue $13.9 million in shares in exchange for Bitcoin miners pushing 1 EH/s in hash power. The Nasdaq-listed Bitcoin (BTC) mining company Bit Digital has announced it will issue $13.9 million in shares in exchange for mining hardware. According to a Nov. 11 announcement, […]
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The launch of a new ‘censored’ mining pool has some Bitcoiners worried its a harbinger of things to come. Blockchain analytics platform BlockSeer has launched the private beta version of a new Bitcoin (BTC) mining pool (Blockseer Mining Pool) that censors transactions from blacklisted wallets. The pool will use BlockSeer and Walletscore’s labeling data among […]
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The buyer of last year’s most expensive NFT has finally come forward. In May 2019, a non-fungible token representing the first digital F1 car minted for the blockchain game F1 Delta Time was sold for a record breaking $110,000. The winner of the auction has just come forward, revealing why he brought the elusive NFT. […]
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Since making its first investment in October, Polychain Capital is now the 10th-largest holder of YFI. Institutional money appears to be flowing into the decentralized finance (DeFi) sector, with Yearn Finance (YFI) among the top beneficiaries. According to crypto market data aggregator IntoTheBlock, on-chain transactions of $100,000 or higher have increased by 282% over the […]
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Even as $525 million in Bitcoin options expire on Friday, bulls are expected to strongly defend the $15.5K level. On Nov. 13, a total of $525 million in Bitcoin (BTC) options open interest is set to expire. This is similar to last week when $470 million in options open interest also expired. This presents somewhat […]
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The S2F model predicts a Bitcoin price of up to $288,000 by 2022 but two fund execs are betting the model won’t pan out. Eric Wall, chief investment officer of crypto hedge fund Arcane Assets, has offered a $1 million bet that the Bitcoin stock-to-flow model will be proven false before 2025. In a Nov. […]
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VeChain is riding a strong tailwind on favorable developments out of China. The price of VeChain (VET) extended its rally on Wednesday, building off a solid week of gains following discussions with Chinese government officials centered on a post-epidemic health response. VeChain rose 2% on Wednesday to reach $0.011669, according to CoinMarketCap. Over the past […]
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Bitcoin and several altcoins are showing signs of breaking above their overhead resistance levels, which suggests bulls remain in control. Billionaire investor Stanley Druckenmiller became the latest famous name to disclose a Bitcoin position. Although Druckenmiller did not specify the quantity he had purchased, he did say that Bitcoin will outperform gold a lot more […]
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Multiple United States congresspersons recently expressed their displeasure at the OCC’s focus on crypto this year. Brian Brooks, the former Coinbase executive turned leader of the U.S. Office of the Comptroller of the Currency, or OCC, recently received a letter from multiple members of Congress expressing concerns over his crypto-heavy leadership. The letter, from Stephen […]
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