The team behind tBTC, a decentralized Bitcoin-to-Ethereum bridge, pulled the plug on the system after a yet-undisclosed bug was discovered by software developers. The team behind the tBTC project, an effort to bring Bitcoin (BTC) over to Ethereum (ETH) through decentralized custodians, shut down the bridge just two days after launching it. The decision was […]
Continue Reading
As the Federal Reserve admits to “flooding” the market with cash, Bitcoin consolidates its post-halving position at $9,500. Bitcoin (BTC) is starting the second week of its fourth halving cycle clinging to $9,500, but what factors are weighing on the largest cryptocurrency this week? Fundamentals adapt to halving The start of a new week has […]
Continue Reading
BitMEX and its executives have been accused of engaging in or abetting crimes that include racketeering, money laundering, wire fraud and unlicensed money transmission. BitMEX, one of the world’s largest crypto derivatives exchanges, has been accused in court of being “deliberately designed, from the ground up” to facilitate “a myriad of illegal activities.” The allegations […]
Continue Reading
Fed Chair Jerome Powell said the bank has flooded the economy with money and would continue lending programs for as long as they’re needed. Chair of the United States Federal Reserve Jerome Powell recently spoke about measures taken during the financial crisis, with many on Twitter viewing his remarks as evidence of the need for […]
Continue Reading
Top venture capital firm Andreessen Horowitz looked at four key metrics for three cycles of cryptocurrency showing consistent growth. Venture capital firm Andreessen Horowitz thinks the past growth of social media, developers, prices, and startups among cryptocurrencies could mean a crypto cycle favorable to investors in the future. The United States-based company released a report […]
Continue Reading
Bitcoin options volume at CME rose 1000% this month as institutional investors built short-term bullish positions, but will BTC’s spot price rise? Bitcoin’s (BTC) options markets are finally taking off at CME. This week Cointelegraph reported that the combined volume traded over the last ten days surpassed $140 million, as institutional investors delved in call […]
Continue Reading
Ethereum longs on Bitfinex have increased 170% since breaking into record highs during late February. The number of Ethereum (ETH) longs has continued to surge after breaking into all-time highs at the end of March. Despite the broader crypto markets posting price gains alongside Bitcoin (BTC) in recent weeks, the number of open longs remains […]
Continue Reading
Transaction fees have seen anomalous volatility amid Bitcoin’s third halving, increasing over 800% in one month. From April 11 until May 14, Bitcoin (BTC) transaction fees increased by more than 1,250% from $0.38 to $5.16. While Bitcoin transaction fees have since fallen by 33.3% to sit at roughly $3.44 as of this writing, fees have […]
Continue Reading
Bitcoin price charts hint at an exciting breakout, Telegram officially ditches TON, and why Trump could be the next victim of the REvil ransomware group. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions […]
Continue Reading
The number of Bitcoins held on centralized exchanges has fallen by more than 10% since Black Thursday in March. Data compiled by Glassnode is showing that the number of Bitcoin (BTC) held on top crypto exchanges has steadily fallen since the violent mid-March crash that saw crypto prices tumble by 50% in a single day. […]
Continue Reading