100% Bitcoin long-term hodlers are now in profit as BTC crosses $71K

The latest leg of Bitcoin’s (BTC) recent rally saw its market cap push above $330 billion for the first time ever as prices rallied above $17,750 late Nov. 17.According to CoinGecko, Bitcoin’s previous record capitalization of $329.3 billion was posted on Dec. 16, 2017, amid the market’s all-time high price rally to test $20,000.BTC market…

The CEO of Switzerland’s SIX Digital Exchange (SDX), the cryptocurrency-focused arm of the the country’s principal SIX Swiss Exchange, is departing the company, local news outlet SwissInfo reported on Aug. 14. CEO departs before SDX launchMartin Halblaub will step down after eight months into his job when his contract expires at the end of August following…

Web3 features such as NFTs and blockchain-based systemization offer clarity and a new sense of accessibility to managing music metadata. 112 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe music industry has not shied away from its keenness on adopting Web3 solutions. From nonfungible tokens (NFTs) helping…

“In becoming a key player in the Avalanche ecosystem, we will help drive our common goals, bringing the DeFi industry to new heights,” says AllianceBlock founder and CEO Rachid Ajaja. 2506 Total views 19 Total shares AllianceBlock, a decentralized layer-2 solution bridging traditional finance and DeFi, has announced major product integration with Avalanche, the up-and-coming…

89% of China’s blockchain firms have allegedly tried to create their own cryptocurrency, according to a senior exec at a local blockchain association. According to the state-run CCTV on Nov. 21, Yedong Zhu, the president of the Beijing Blockchain Technology Application Association (BBAA), revealed that the vast majority of blockchain industry in China is focused on…

The March 13 flash loan attack against Euler Finance resulted in over $195 million in losses. It caused a contagion to spread through multiple decentralized finance (DeFi) protocols, and at least 11 protocols other than Euler suffered losses due to the attack.Over the next 23 days, and to the great relief of many Euler users, the…

Bitcoin (BTC) has a matter of days to go before beginning a new macro uptrend, the latest analysis says.In his latest Twitter activity, popular trader and analyst Rekt Capital flagged a key monthly close in the making for BTC/USD.BTC price action closely mimics past cyclesDespite facing problems flipping $28,000 to support, BTC price action is…

Four senators are fighting to exempt low-value crypto transactions from federal taxation. Congressional approval for their proposal is long overdue.

The filing came before the commission's June 17 deadline to approve or disapprove of the Bitcoin ETF following an extension in April. 697 Total views 2 Total shares The U.S. Securities and Exchange Commission has issued an order allowing the public to comment on the proposed rule change surrounding the Bitcoin exchange-traded fund from asset…