Bitcoin open interest nears $23B as analyst warns of BTC price euphoria
BTC price gains are boosting bullish sentiment, but the latest Bitcoin market analysis calls for a balanced perspective.
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What bear market? Investors throw record cash behind blockchain firms in 2021
Despite the recent slight recovery of the cryptocurrency market, there is no denying the fact that the crypto industry has been faced with a great deal of volatility over the last few months, made evident by the total market capitalization of the sector that dipped from $2.5 trillion to $1.18 trillion over a 45-day span…
Karma served: Pink Drainer gets hit with address poisoning scam
“The scammers have been scammed” — notorious crypto-draining took kit just lost 10 ETH to a wallet poisoning attack.
Major South Korean Crypto Exchange Bithumb Launches R&D Center
South Korean cryptocurrency exchange Bithumb has established its own research and development (R&D) center.According to an announcement on Jan. 6, the initiative makes Bithumb the first company with a blockchain and cryptocurrency research center in South Korea. Bithumb expressed high hopes for the research center’s impact on the company:“Bithumb will become a leading company in…
Former patrons can’t drown sorrows as first-ever bar to accept Bitcoin closes
A legendary Berlin-based watering hole and Bitcoin hub closes down 161 Total views 5 Total shares A legendary bar and restaurant in Germany that was reportedly the first to ever accept cryptocurrency as a form of payment has permanently closed.According to an Oct. 18 Reddit post from Joerg Platzer, founder of Room 77, the first…
India’s largest crypto exchange launches NFT marketplace after 2,000% token surge
India's WazirX has launched an NFT marketplace for the exchange of digital assets. The launch comes after a strong month for the exchange's in-house WRX token. 2186 Total views 25 Total shares India’s largest cryptocurrency exchange, WazirX, has launched a nonfungible token marketplace for the exchange of digital art, assets, intellectual property and more, reports…
Ether ETFs pending — Grayscale, VanEck and others file SEC applications
A handful of United States asset managers have filed fresh applications to launch ETH futures ETFs. 292 Total views 1 Total shares Six major asset managers, including Grayscale and VanEck, have filed fresh applications in a bid to launch Ether (ETH) futures exchange-traded funds (ETF) to United States customers.Separate filings submitted to the U.S. Securities and Exchange…
Developer Activity Surrounding Eos, Tron, and Bitcoin Cash Plummets
A report published by blockchain and AI investment firm Outlier Ventures has found a decline in developer activity of roughly 20% on average across 12 leading blockchain and cryptocurrency projects.In Outlier Ventures’ Blockchain Developer Report for the second quarter of 2020, the firm notes that development fell by half for top markets Bitcoin Cash (BCH),…
Square Rolls Out Bitcoin Deposits for Cash App to General Public
San Francisco-based payments company Square has just made bitcoin (BTC) deposits available on its Cash App on June 26 Cash App users will now be able to deposit bitcoins from external wallets into their app bitcoin address. According to Square’s announcement, deposits are limited to $10,000 worth of bitcoin in a seven day period. It also…