Base hits 1M daily active addresses as Basenames takes off
Coinbase layer-2 network Base has notched a record number of daily active addresses amid a surge in growth of the new “basenames” service.
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Bitcoin price seesaws near $56K as US stocks post fresh all-time highs
BTC price volatility keeps the pressure on traders with stocks leaving Bitcoin ever further behind.
‘War on crypto’ — Newly filed letters lambast proposed SEC custody rules
Industry representatives have cast doubt on the legality and impact of the U.S. securities regulator's proposal to expand custody rules. 57 Total views 3 Total shares A proposal by the United States securities regulator to tighten rules around crypto custody has been met with opposition from at least two proponents of the industry, according to…
MicroStrategy stock price more than doubles in 2023 in lockstep with Bitcoin
MicroStrategy's infamous Bitcoin (BTC) investment strategy is playing out profitably so far into 2023.Today, MicroStrategy's stock MSTR is up roughly 140% year-to-date (YTD) to $350 per share, its highest level since September last year. It mirrored Bitcoin's 90% YTD gains, maintaining a strong positive correlation with the top cryptocurrency.MSTR daily price chart featuring its daily correlation…
Bitcoin miner solves block alone, grabs $180,000 reward
A single Bitcoin miner received the total reward of a Bitcoin block, a rarity due to the hash and power requirements needed to mine the blockchain.
Whales’ stablecoin buying power grew over 7% in one month: Here’s what it means
Whales with USDT holdings of $10,000 to $10 million added $1.06 billion worth of Tether to their wallets over the past month, increasing their buying power by 7%. 457 Total views 5 Total shares Bitcoin (BTC) price struggled to overcome $40,000 resistance over the weekend and currently trading just above $38,000. At a time when BTC is…
Harsh Stablecoin Recommendations From G-20 Are a Step in the Right Direction, but Regulators Need More Education
According to a study released by the G-20’s Financial Stability Board on April 14, stablecoins pose a pertinent risk to the financial stability of the global economy and therefore need to be regulated in a manner that is not only meticulous but also future ready. Additionally, as per data released by the FSB, members of the…
Ethereum breaks out against Bitcoin: Is a strong bull rally in the works?
Ether's (ETH) price has broken out for the first time in 23 days in its Bitcoin (BTC) pair. It follows a high-profile announcement from Visa to use USDC, a stablecoin based on the Ethereum blockchain.Although ETH/BTC saw a strong technical breakout, the uptrend has been fueled by firm fundamental catalysts, buoying the short-term bull case…
Scratch ‘Blockchain Island,’ Malta Now Wants to Become a Digital Enclave
The Maltese government is continuing to break away from its once-prominent blockchain agenda, as it intends to take a more holistic approach toward digital economy development.In a recent interview with Cointelegraph, Kearon Bruno, chairman of Digital Economy Think Tank, an advisory body tasked with diversifying and consolidating Malta’s economic portfolio, said: “We’re moving away from [being…