Bitcoin miner outflows surge as price hits new highs
Data from CryptoQuant showed that 25,367 BTC flowed out of miner wallets as Bitcoin approached $90,000 on Nov. 12.
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Orchid’s OXT Price Slips Over 20% After Launch for Trading on Coinbase Pro
American blockchain and software development firm Orchid Labs has launched its privacy network alongside its native token OXT.According to a blog post on Dec. 16, Orchid’s digital currency OXT was immediately available for trading on major United States-based cryptocurrency exchange Coinbase Pro.According to an announcement, OXT will be available in Coinbase’s supported jurisdictions, with the…
Bitcoin will eat gold’s market share, according to JPMorgan
The investment bank says gold could languish for years as Bitcoin’s popularity grows. 1378 Total views 7 Total shares Growing mainstream acceptance of Bitcoin (BTC) as a reserve asset is having a direct impact on gold, setting the stage for a major shift in institutional allocation between the two assets, according to analysts at JPMorgan…
Marathon shareholders file lawsuit against company’s top management
The CEO and other top executives are being accused of a breach of fiduciary duties, unjust enrichment and waste of corporate assets. 61 Total views 2 Total shares A United States-based crypto mining company, Marathon Digital, heads to court, as its shareholders allege that CEO Fred Thiel, alongside other top executives, committed a breach of…
Kraken receives virtual asset service provider authorization in Ireland ahead of MiCA vote
U.S.-based cryptocurrency exchange Kraken received its virtual asset service provider authorization from the Central Bank of Ireland. 49 Total views 1 Total shares Own this piece of history Collect this article as an NFTPayward Europe Solutions, an Irish subsidiary of Kraken registered in Dublin, was awarded virtual asset service provider (VASP) authorization from the Central…
First company-sponsored Bitcoin retirement plans launched in US
DAiM has launched the United States’ first employer-sponsored retirement plans that support investments in Bitcoin. 1057 Total views 1 Total shares U.S.-based asset manager, Digital Asset Investment Management (DAiM), has launched the country’s first employer-sponsored 401(k) retirement plans supporting Bitcoin.According to a Nov. 19 announcement, DAiM will serve as the advisor and fiduciary in helping…
Ethereum nears its own all-time high as ETH price retakes $4K
The 30-day correlation between Ether and Bitcoin remains at 0.81 above zero. 258 Total views 6 Total shares Ethereum's native token Ether (ETH) is likely to hit its own record high in the short term as ETH has broken above $4,000, a crucial resistance level.Ethereum breaks $4,000, nearing new all-time highETH price rallied on Oct.…
Avalanche Foundation allocates $50M investment to on-chain asset token purchases
Called "Avalanche Vista," the initiative will consider investing in any asset that can be tokenized. 112 Total views 1 Total shares The Avalanche Foundation announced the launch of “Avalanche Vista,” a $50 million initiative to spur tokenization on the Avalanche blockchain, on July 25.Today, the Avalanche Foundation introduces Avalanche Vista, a $50M initiative to pioneer…
Why Bitcoin Suddenly Spiked to $10,200, Instantly Liquidating $75M
The price of Bitcoin (BTC) rose to as high as $10,272 on July 26 in an unexpected weekend rally. It liquidated $74 million worth of long contracts on BitMEX alone, catching many traders off guard.The hourly price chart of Bitcoin. Source: TradingView.comThere appear to be two main reasons behind the abrupt upsurge of Bitcoin from…