Bitcoin enters 'a new era' as whales scoop up over 47K BTC during price pullback

Bitcoin (BTC) lost 3% in an hour and Ether (ETH) drifted toward $1,000 on June 30 as pessimism took control of crypto markets.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTraders eye "sweep of lows" for BTCData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $19,224 on Bitstamp during Asian trading, its lowest since June 19.A…

1. What are vertical and horizontal scaling? Vertical scaling entails the expansion of a network by adding more power and memory to a system’s core processing unit, whereas horizontal scaling involves the addition of more nodes (i.e., machines) to the framework of an existing system. When dealing with the subject of scalability, it is important…

On-chain data suggests Bitcoin price will not see a Black Thursday repeat as the amount of BTC held at exchanges has dropped to a 2020 low. As Bitcoin (BTC) price pulled back below $12,000, some investors began to worry that another crypto market crash like one that occurred on March 11 would occur. However, data from…

Rising interest rates, which brought down the U.S. banking system’s market value of assets by $2 trillion, combined with a large share of uninsured deposits at some U.S. banks, threatens their stability. 129 Total views 22 Total shares Own this piece of history Collect this article as an NFTThe perfect mix of losses, uninsured leverage…

Blockchain firm HashCash plans to create a federated and sovereign digital identity architecture to be used in banking processes. Blockchain firm HashCash Consultants claims that banks are "chief arbiters" of people's identities, and need blockchain technology to do it better.According to an Aug. 11 announcement, “accurate identification of an individual is central to banking activities…

A portfolio-management subsidiary of crypto exchange Coinsquare has launched two exchange-traded funds (ETFs) on the Toronto Stock Exchange (TSX), local news agency The Globe And Mail reports September 20.Coinsquare’s subsidiary — Coin Capital Investment Management — has reportedly become the 30th ETF operator in Canada, with the launch of the Coincapital STOXX Blockchain Patents Innovation…

The six licensing templates devised by VC firm Andreessen Horowitz are irrevocable and amendable, and give creators the power to set five variables for the future use of their works. 215 Total views 4 Total shares Venture capital firm Andreessen Horowitz (A16z) announced Wednesday that it had devised a set of six licenses tailored to…

Ethereum (ETH) price is struggling to overcome resistance at $1,600 and this is the altcoin’s third attempt since September 2022. Some would say the 33% year-to-date rally could be interpreted as a failed opportunity to breach the $200 billion market capitalization mark. Ether/USD price index, 2-day. Source: TradingViewIf Ethereum price were to break above $1,600, it…

Metamask developer Taylor Monahan brought the issue to light and said that no one knows how the exploit works yet. 967 Total views 3 Total shares Own this piece of history Collect this article as an NFTAn unidentified exploit has taken more than $10.5 million in nonfungible tokens (NFTs) and coins from experienced community members…