September 2023 | Page 18 of 209 | Last Cryptocurrency News Feed

Top 1% of Bitcoin Addresses Hold an Incredible Number of BTC: Details

The blockchain data platform Glassnode determined that the top 1% of Bitcoin addresses own almost 99% of the cryptocurrency’s current circulating supply. The figure represents a three-month-high as the last time such investors controlled that amount was at the end of June 2023. It’s worth noting, though, that a lot of these are exchanges that

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Kraken Looks to Move Into The Stock Market: Report

Kraken, one of the oldest crypto exchanges on the market with over 12 years active in the field, will reportedly expand its horizons and begin offering stock exchange trading services for the first time in its history, an insider source claims. The move is part of Kraken’s response to the slump in interest in cryptocurrencies

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Why Mine Bitcoin Or Stake Ethereum, When Bitcoin Spark Makes It Much Easier?

Cryptocurrency mining or staking has become a popular way of engaging with cryptocurrency to earn rewards. Bitcoin Spark enters with an innovative approach that promises to make the process 100 times easier. In a landscape dominated by complexity, what if there was a simpler and more efficient way to engage with the crypto realm and

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Find Out Why Shiba Inu (SHIB) Burn Rate Exploded by 1,000% Overnight

The self-proclaimed Dogecoin (DOGE) killer – Shiba Inu (SHIB) – continues to see a massive number of tokens removed from its total circulating supply. It witnessed a 947% surge in its burning rate over the past 24 hours. The Latest Figures According to data provided by Shibburn, the total number of SHIB tokens sent to

CoinDesk Feed

Listed Bitcoin Miners Could be the Ultimate Bet for 2024: Matrixport

The underperformance of listed digital asset companies means that there could be compelling investment opportunities in the bitcoin (BTC) mining space, crypto services provider Matrixport said in a report on Thursday.If bitcoin were to climb to a new all-time high of $70,000 an investor would realize a return of only 167%, the report said. Investors

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EU Seeks More Data on Crypto’s ‘Significant’ Environmental Harm

The European Commission issued an 800,000 euro ($842,000) contract on Tuesday as it seeks to mitigate what it calls “significant harm” of crypto on the environment.The study, for which bids close on Nov. 10, will develop standards that feed into potential future EU policies to curb the impact of crypto on climate change, and to

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Central Banks Successfully Test Cross Border Trading of Wholesale CBDC Using DeFi

The Bank for International Settlements with the help from the central banks of France, Singapore and Switzerland successfully tested out cross border trading of wholesale central bank digital currencies.With more and more nations exploring issuing a wholesale CBDC Project Mariana wanted to test out how foreign and exchange settlement might look in a world where

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2 Small Wins For Sam Bankman-Fried

Wednesdays may become Sam Bankman-Fried’s new favorite day.After multiple consecutive setbacks for the former FTX CEO and his defense team, Judge Lewis Kaplan seemed to have been in a slightly more generous mood yesterday.You're reading The SBF Trial, a CoinDesk newsletter bringing you daily insights from inside the courtroom where Sam Bankman-Fried will try to

Cointelegraph Feed

Bitcoin halving to raise ‘efficient’ BTC mining costs to $30K

Bitcoin (BTC) Ordinals are boosting miner profits, but “income stress” is looming, new research warns.In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode predicted fresh problems for miners after Bitcoin’s next block subsidy halving.Bitcoin halving impact on miners could be “severe”Bitcoin miner competition is exploding, with hash rate — the

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Europe drives institutional crypto adoption: Blockchain Expo Amsterdam

Europe remains fertile ground for the cryptocurrency ecosystem to flourish in comparison to harsher regulatory environments, according to prominent speakers at this year’s Blockchain Expo in Amsterdam.Cointelegraph attended the convention held at the RAI conference center for the second year running, with the Blockchain Expo forming part of the larger Tech Expo event being hosted