Bitcoin avg transaction fee rises 937.7% in 24 hours
Bitcoin transaction fees surged nearly 940% on Aug. 22, reflecting heightened network demand and pressure on users.
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Breaking: Coinbase targeted by state security regulators concurrent to SEC lawsuit
The SEC is suing the cryptocurrency exchange for alleged unregistered securities offerings. 1112 Total views 2 Total shares According to a statement published by the Alabama Securities Commission on June 6, a multi-state task force comprising of state regulators from Alabama, California, Illinois, Kentucky, Maryland, New Jersey, South Caroline, Vermont, Washington, and Wisconsin have issued…
Berkshire Hathaway CEO Warren Buffett Offers Fresh Metaphor for Bitcoin as a ‘Seashell’
Outspoken crypto critic and Berkshire Hathaway CEO Warren Buffett has again derided bitcoin (BTC) for its purported lack of real use value, likening the coin to a seashell that “just sits there.”Buffett used this latest cryptocurrency metaphor during a press meeting ahead of the Berkshire Hathaway annual shareholders’ meeting in Omaha, Nebraska, CNBC reported on…
Top 5 cryptocurrencies to watch this week: BTC, LINK, UNI, XTZ, ATOM
Bitcoin (BTC) price has yet to recapture the $40,000 level and traders who were expecting a quick resumption of the uptrend may have been caught off guard by the recent pullback. This could have led to the liquidation of about $500 million worth of cryptocurrency futures positions in the past 24 hours.Over leveraged positions provide…
Bitcoin Clings to $7.8K but WHO Pandemic Declaration Sinks Markets
As equities markets across the globe continue to post hefty losses, Bitcoin (BTC) traders fought to keep the digital asset above the $7,800 support. Less than an hour ago the Dow closed down more than 1,400 points and the S&P 500 posted a 4.89% loss as the World Health Organization officially announced that the Coronavirus…
The importance of block sizes, and the rise of off-chain solutions
The cryptocurrency sector has undergone a seismic shift in recent years as retail investors and publicly listed companies make their way into the space.Globally, estimates suggest that the number of crypto users surged by about 190% between 2018 and 2020.Record-breaking inflows into the market have also taken the number of active addresses on the Bitcoin…
Ark Invest founder Cathie Wood passed on buying the first Bitcoin Futures ETF
She cited an investigation into tax ramifications as one of Ark Invest’s reasons for withholding for now. 1319 Total views 7 Total shares Ark Invest founder and CEO Cathie Wood did not invest in the ProShares Bitcoin Strategy Exchange Traded Fund, or ETF, on opening day, according to Business Insider. Wood said about the ETF’s debut:“No,…
Beaxy Launches Crypto Trading Platform Despite Hack of Employee Last Month
Beaxy has announced the launch of its cryptocurrency trading platform on June 11 in a press release shared with Cointelegraph.In the release, the company said it was now live in 43 United States states and 185 countries. According to Beaxy, an exclusive partnership with OneMarketData delivers trading capabilities across nine order types, with transaction speeds of 225,000…
Gibraltar Stock Exchange Subsidiary Partners With Tokenization Platform
Hashstac, a subsidiary of the Gibraltar Stock Exchange Group (GSX Group), has partnered with Singapore-based technology company STO Global-X to facilitate the issuance of tokens. The development was announced by the Gibraltar Blockchain Exchange (GBX) on April 5.GSX Group’s subsidiary Hashtacs Inc. and STO Global-X will jointly launch an integrated Tokenized Securities Exchange product that…