Bitcoin at 16: From experiment to trillion-dollar asset

The decentralized finance, or DeFi, space exploded over the last year, with a total value locked in DeFi of around $90 billion, according to DeBank. The DeFi ecosystem includes projects like Maker, Aave, Compound, Uniswap and more, with new ones rapidly emerging. DeFi is a broad concept to describe an emerging area of finance built…

In the last 24-hours, Ether (ETH) rallied above $1,900 to a new all-time high and this breakout reflects a strong 45% gain for just February alone. Aside from Ether following Bitcoin's (BTC) bullish momentum, the move has been partially fueled by the news that BlackRock is considering future cryptocurrency investments and Microstrategy's $900 million convertible notes offer to…

Decentralized finance (DeFi) protocols could soon emerge as the world’s dominant liquidity pool if scaled effectively, according to Alex Batlin, the founder and CEO of cryptocurrency custody platform Trustology.Cointelegraph spoke to Batlin — also a co-founder and board member of the Enterprise Ethereum Alliance — at the recent BlockDown 2020 conference to discuss the outlook…

Bitcoin (BTC) inched closer to $17,000 on Jan. 3 as the first Wall Street open of the year loomed.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewConsensus builds for fresh attack on $17,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching highs of $16,766 on Bitstamp — its best performance since Dec. 27.Analysts and traders were…

Cubans are interested in Bitcoin as other major digital payment options like PayPal are unavailable. 1320 Total views 17 Total shares Cuba is apparently seeing an influx of Bitcoin (BTC)-related activity as Bitcoin interest is on the rise in the country.According to data from Google Trends, Cuba now ranks second in terms of Bitcoin interest…

Blockchain firm Elrond has invited hackers to attack its network during the upcoming incentivized stress test. 799 Total views 40 Total shares Blockchain firm Elrond has invited hackers to attack its network during the upcoming incentivized stress test.According to an announcement on June 2, the upcoming Elrond incentivized stress test will include a variety of…

The Iota Foundation wants to capitalize on institutional demand for real-world asset tokenization, which reached $342 billion in September. 319 Total views 2 Total shares Open-source blockchain developer Iota has taken another step to meet institutional demand for asset tokenization by integrating its Shimmer Ethereum Virtual Machine (EVM)-compatible chain with Fireblocks.Data from VanEck Research shows

Bitcoin mining has long been attacked by policymakers as an expensive, wasteful industry consuming power that would otherwise be going to households or valuable industries. Indeed, the scale of global Bitcoin mining is massive: Coin Metrics estimates that Bitcoin miners today consume 13.5GW of power, equivalent to 15% of the peak generation capacity of the

Lookonchain said that Cumberland has already injected nearly $6.28 billion into the crypto markets since October 2023.