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Coinkite Launches ‘Higher-End’ Coldcard Bitcoin Wallet With QR Code Scanner
10.2.2023
The bitcoin hardware wallet manufacturer Coinkite has announced the launch of a new product, the Coldcard Q1, which features a QWERTY keyboard and QR code scanner. Coinkite details that the battery-powered device utilizes the same security model as the Coldcard Mk4. Coinkite Introduces the Coldcard...
Meme Coin Economy Swells by $5.8 Billion in Less Than a Month, Suggesting Demand for Meme Tokens Still High
5.2.2023
The meme coin economy has grown significantly over the past 27 days, increasing 34.52% against the U.S. dollar. The largest meme coin by market capitalization, dogecoin, has risen 29.5% in the past month, while the second-largest meme coin, shiba inu, has jumped 71.9% in 30 days. Since Jan....
Crypto, Equity, Metal Markets Plunge as Tech Earnings Disappoint and US Economic Weakness Deepens
25.1.2023
Equity markets began the day in the red following the latest corporate earnings reports from some of the world’s largest firms, including Microsoft. The tech giant’s recent conference call was considered disappointing, and earnings from firms such as Boeing, Texas Instruments, and...
Economist Mohamed El-Erian Predicts ‘Sticky’ Inflation Despite Federal Reserve’s Efforts to Bring it Down
23.1.2023
As investors examine the next move of the Federal Reserve, analysts, economists and market participants are also closely monitoring inflation levels. In Dec. 2022, the annual inflation rate dropped to 6.5%, and many experts predict it will decrease further. However, economist Mohamed El-Erian...
Ethereum’s Dominance on the Rise: Market Share Increases by 3% Among Global Crypto Assets
11.1.2023
Since Dec. 31, 2022, ethereum’s market dominance has increased by more than 3% among the thousands of crypto assets worldwide, valued at roughly $856 billion on Jan. 11, 2023. According to coinmarketcap.com, a popular coin market capitalization aggregation site, ethereum’s crypto...
BUSD Sees $5 Billion Reduction in Supply in 24 Days, Relationship With Turkish Lira Continues
6.1.2023
According to statistics, the stablecoin BUSD saw a significant drop in its supply over the past 30 days, shedding roughly 23.8% from Dec. 5, 2022, to Jan. 6, 2023. Since Dec. 13, 2022, BUSD’s supply has been reduced by more than $5 billion, going from $21.84 billion to its current level...
Bitcoin, Ethereum Technical Analysis: ETH Lower, as Markets Await Nonfarm Payrolls Report
6.1.2023
Ethereum was marginally lower on Dec. 6, as markets prepared for this afternoon’s nonfarm payrolls report. December’s report is set to show an addition of 200,000 jobs to the U.S. economy, which would be down from November’s figure of 263,000. Bitcoin was also slightly down...
Unreported Transactions Linked to Disgraced FTX Co-Founder Revealed by Onchain Investigation
5.1.2023
According to onchain research, wallets connected to Sam Bankman-Fried, the disgraced co-founder of FTX, transferred a significant number of previously unreported transactions across various blockchains. The transfers were discovered by Conor Grogan, a director at Coinbase, and while most of...
Magic Eden hosting service compromised: Nifty Newsletter, Dec 28–Jan 3
4.1.2023
The wallet address of RTFKT’s chief operating officer got drained of its NFTs through a phishing scam
Interactive Brokers Group Releases Brokerage Metrics for Dec 2022
4.1.2023
It has only been a month since Interactive Brokers commenced its overnight trading sessions. The move was intended to encourage Asian investors to trade US ETFs. After the decision, many anticipated changes in the company’s financial situation and revenue. Every stakeholder is closely...
Crypto Incidents Involving Exit Scams, Hacks, and Code Exploits Reach Record Low in December 2022 According to Certik
3.1.2023
According to blockchain security company Certik, the number of cryptocurrency incidents involving exit scams, hacks, and code exploits in Dec. 2022 was the lowest monthly figure of the year. Certik noted that the combined incidents amounted to $62.2 million “lost to exploits, hacks, and scams.”...
New year, same old troubles — The FTX saga continues in 2023: Law Decoded, Dec. 26-Jan. 2
2.1.2023
Having been granted the opportunity to enjoy Christmas and the New Year with his family, former FTX CEO Sam Bankman-Fried has very few reasons for optimism in 2023
OpenSea witnesses sale of 1.3 M Polygon NFTs in Dec 2022
2.1.2023
OpenSea recently announced that the platform sold over 1.3 million Polygon NFTs in December 2022. The transactions amounted to over 15.3 million dollars from 116,000 active traders. Thus was the third-highest month in 2022 (based on NFTs sold for every active trader.) It amounted to 11.24 NFTs...
Italian Parliament Approves 26% Tax for Cryptocurrency Gains in 2023 Budget Law
2.1.2023
The Italian Parliament has introduced a 26% capital tax on cryptocurrency gains as part of the 2023 budget law, which was approved on Dec. 29. The document also offers incentives for taxpayers to declare their cryptocurrency holdings, proposing a 3.5% aliquot for undeclared cryptocurrencies held...
$62M crypto stolen in Dec was the ‘lowest monthly figure’ in 2022: CertiK
2.1.2023
The month of December had the smallest figure for cryptocurrencies stolen in 2022 with around 23 major incidents according to CertiK
Global Cryptocurrency Trade Volumes Saw a Significant Decline in December 2022
1.1.2023
According to statistics, daily cryptocurrency trade volumes have dropped significantly during Dec. 2022. On Jan. 1, data shows that $22.95 billion was traded in the last 24 hours, compared to double that amount, $54.78 billion, two weeks earlier. On November 8, 2022, 54 days prior, amid the...
SBF to enter plea deal, Mango’s exploiter arrested, and Celsius news: Hodler’s Digest, Dec. 25-31
31.12.2022
Challenging Year for Bitcoin Miners as Fewer BTC Mining Rigs Are Profitable at Current Prices
31.12.2022
Bitcoin miners have had a challenging year as the network’s mining difficulty reached an all-time high and the spot market price of bitcoin dropped below the cost of production. Currently, with electricity costs at $0.07 per kilowatt-hour (kWh), only 18 application-specific integrated...
Disgraced FTX Co-Founder Accused of Moving $684K in Crypto Assets While Under House Arrest
30.12.2022
According to an analyst on Dec. 29, 2022, the disgraced co-founder of FTX, Sam Bankman-Fried (SBF), may have cashed out $684,000 in crypto assets while under house arrest. If the funds were spent by SBF, it goes against the court’s release conditions that note the former FTX executive is...
While His Digital Trading Cards Tumble in Value, Trump Says His ‘Cute’ NFTs Were About the Art
30.12.2022
After climbing to a high of 0.79 ether on Dec. 17, 2022, Donald Trump’s non-fungible tokens (NFTs) have dropped considerably in value over the last 12 days. On Dec. 29, 2022, Trump’s NFT collection has a floor value of 0.15 ether, which is around 81% lower than the floor value highs recorded last...