Bitcoin, gold on track to break out as ‘macro summer’ begins — Analyst

Following the Ethereum Merge, Dogecoin now only trails Bitcoin as the biggest proof-of-work cryptocurrency. 502 Total views 21 Total shares Meme-inspired cryptocurrency Dogecoin (DOGE) is now officially the second largest proof-of-work (PoW) crypto in terms of market cap, following the Ethereum network's proof-of-stake upgrade on Sept. 15. Bitcoin (BTC) of course remains miles ahead of Dogecoin’s…

Bitcoin paints two different pictures of BTC price strength with an impressive daily chart breakout contrasting with a lack of low-timeframe momentum. Bitcoin (BTC) saw the return of US selling pressure at the March 26 Wall Street open as analysis eyed a “key shift in market structure.” BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin sees classic

The International Monetary Fund has previously spoken out against smaller nations like the Marshall Islands recognizing a digital currency as legal tender. 3019 Total views 9 Total shares The International Monetary Fund has said El Salvador’s recent decision to make Bitcoin legal tender in the country may raise legal and financial concerns.In a Thursday press…

Founded in April 2021, the platform raised funds from a plethora of high-profile figures from the crypto and blockchain space. 659 Total views 25 Total shares Stader Labs, a cryptocurrency staking management platform, announced a $4 million financing round to accelerate development across multiple blockchains, including Ethereum, Near and Polkadot as well as broadening its…

A major Chinese e-commerce platform and a video sharing site have reportedly joined China’s CBDC project. 620 Total views 11 Total shares Development of China’s central bank digital currency, or CBDC, continues to show signs of progress. On July 8, a major domestic e-commerce platform and a video sharing site both joined the CBDC project,…

Only 37 percent of Bitcoin (BTC) addresses in its network are “economically relevant,” according to a report released by research firm Chainalysis on Dec. 19.To date the Bitcoin blockchain forms a network of 460 million addresses, which can send and receive the coin, per Chainalysis. An individual or a legal entity can have any number…

Glassnode data demonstrates that the Lightning Network outcompetes traditional payment networks in terms of commission costs. 444 Total views 3 Total shares Own this piece of history Collect this article as an NFTFresh data from Glassnode demonstrates that Bitcoin's (BTC) Lightning Network is significantly cheaper to use than legacy payment networks. The median fee rate,…