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Bitcoin Dominance Reaches 54% as Leading Cryptocurrency Sustains Rally Amid Spot ETF Optimism
26.10.2023
Bitcoin (BTC) ‘s market dominance has reached 54%, its highest level in more than two and a half years. According to data from TradingView, Bitcoin’s dominance currently stands at 53.76%, down by almost 1% over the past day. The chart shows that Bitcoin dominance reached as high...
Bitcoin dominance hits 54% — Highest in 2.5 years as BTC halving approaches
26.10.2023
BTC market dominance hovered around 80% during the 2017 bull market but slumped to the 50%–60% range during the 2021 bull market, at times even dipping below 50%
Crypto Recovery Firm Offers to Unlock Former Ripple CTO’s $244 Million Bitcoin Fortune
26.10.2023
Crypto recovery firm Unciphered has extended an offer to former Ripple chief technology officer (CTO) Stefan Thomas to unlock a hard drive containing over 7,000 Bitcoin ( BTC) that he has been unable to access for years. In a Wednesday open letter, Unciphered proposed to unlock Thomas’...
Trader Who Called Last Year's Crypto Crash Covers Bearish Altcoin Bets
25.10.2023
I am not buying yet, just closing loss-making short positions in AAVE, SOL, CRO and TRX, Capo said, having predicted last year's market meltdown
Robert Kiyosaki Shares His Investment Strategy — Says He’s Not Trying to Be Warren Buffett
25.10.2023
Rich Dad Poor Dad author Robert Kiyosaki has revealed his investment strategy, emphasizing its divergence from the investment approach adopted by Berkshire Hathaway CEO Warren Buffett. “I am an average investor ‘accumulating’ the asset I want for the long term. I have been...
Dormant $144M in Bitcoin From Defunct Abraxas Darknet Market Moved After Years of Inactivity
23.10.2023
According to the onchain analyst Zachxbt, 4,800 bitcoins taken from the now-defunct darknet marketplace Abraxas were transferred to a bitcoin mixing service. Abraxas exit scammed in November 2015 after less than a year, and the bitcoins had remained untouched since then. $144M in Bitcoin from 2015...
Today in Crypto: Thailand Delays Digital Wallet Plan, Crypto Wallet Downloads Dropping Last Two Years, Reddit Removes Alleged Insider-Trading Moderators
23.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Thailand Delays Digital Wallet Plan, Crypto Wallet Downloads Dropping Last Two Years, Reddit Removes...
Bitcoin Dominance Reaches Over 49%, Highest in 2 Years – What’s Going On?
22.10.2023
Bitcoin (BTC)'s dominance in the cryptocurrency market has surpassed 49%, reaching its highest level in more than two years.
According to data from CoinGecko, Bitcoin's dominance currently stands at 49.58%, almost three times the dominance of Ethereum (ETH), the second-largest crypto by market...
Morgan Stanley: Crypto Winter May Be Over, Crypto Spring ‘Likely on the Horizon’
22.10.2023
Global investment bank Morgan Stanley believes that “crypto winter may be in the past and that crypto spring is likely on the horizon.” An analyst at the bank explained that historically, most of bitcoin’s gains come directly after a halving event that occurs every four years. Morgan...
NY sues crypto firms, FTX’s Nishad faces 75 years in jail, and Grayscale’s new BTC filing: Hodler’s Digest, Oct. 15-21
21.10.2023
Nishad Singh testifies in Sam Bankman-Fried’s trial; New York sues Gemini, Genesis and Digital Currency Group; and Grayscale files for new spot Bitcoin ETF
Ethereum Co-Founder, Consensys Sued By Early Employees Over Alleged Equity Promises
20.10.2023
More than two dozen early employees of the blockchain software company Consensys have filed a lawsuit against Ethereum co-founder Joseph Lubin, Consensys, and other parties. The plaintiffs allege Lubin broke contractual promises related to equity compensation made when the employees joined...
Great Awakenings — Dormant 2012 Bitcoin Wallet’s $5.7M Spend Linked to October’s Initial 2012 Transfer
20.10.2023
On October 19, 2023, a dormant bitcoin address from 2012 sprang to life at block height 812,946, moving 200 BTC worth $5.74 million for the first time in nearly 11 years. This activity coincides with a recent surge of transfers from 2012 addresses, which began in early September. October Witnesses...
Digital Euro Enters ‘Preparation Phase’ — ECB Says ‘Digital Euro Would Make Data Protection a Priority’
19.10.2023
The European Central Bank (ECB) has decided to move its digital euro project to the next phase after two years of investigation. The “preparation phase” of the digital euro will involve “finalizing the digital euro rulebook and selecting providers that could develop a digital euro platform...
Former FTX engineering director faces up to 75 years in prison following guilty plea
16.10.2023
Nishad Singh's testimony was seemingly part of prosecutors' strategy to establish Sam Bankman-Fried had been behind Alameda Research using FTX user funds
Bethesda Exec Pete Hines Leaving Company After 24 Years
16.10.2023
Bethesda publishing head Pete Hines is retiring from the Starfield developer after 24 years, he announced on Twitter (or X) on October 16. Hines’ decision comes only a few days after Microsoft, which owns Bethesda Game Studios, was rubber-stamped to complete its $69 billion Activision Blizzard...
Bitcoin’s Hashrate Skyrockets: On Track to Hit Half a Zettahash Milestone by Year’s End
15.10.2023
Bitcoin’s hashrate, a key indicator of its computational power, shattered previous records on October 12, 2023. As measured by a seven-day simple moving average (SMA), it has surged to an impressive 455 exahash per second (EH/s). To put that into perspective, the hashrate was hovering around...
China Opens Digital Yuan Park in Shenzhen
14.10.2023
Shenzhen has become home to an industrial park established to promote China’s central bank digital currency (CBDC). Several financial companies are already settling there, the Chinese megacity announced while unveiling almost a dozen initiatives to boost the digital yuan use in the region. Shenzhen...
River Report: Bitcoin’s Lightning Network Grew by 1,212% in 2 Years
13.10.2023
A recent report published by River, a Bitcoin technology and financial services company, has revealed that the Lightning Network, a scaling layer for Bitcoin, has grown by 1,212% in two years. River’s estimation comes from examining operators of nodes comprising 52% of the public capacity...
Report: Cyprus Mulls Imposing Hefty Fines on Unregistered Crypto Service Providers
12.10.2023
Crypto firms that operate in Cyprus without registration may soon be fined as much as $350,000 while individuals behind such firms could face up to five years in jail. The Finance Ministry says its proposals, which are included in a draft recently submitted to parliament, seek to align...
Bitcoin Price Prediction as Lightning Network Growth Reaches 1,000% in Two Years – Adoption on the Rise?
11.10.2023
As the digital gold rush continues, Bitcoin remains at the forefront of the crypto landscape. Despite a recent hiccup where it struggled to breach the $28,000 threshold, dropping to $27,100 on Wednesday, enthusiasts remain optimistic.
The entire cryptocurrency market cap stands at a staggering...