Bitcoin weakness spurs $441M digital asset inflows

Bitcoin (BTC) lost 25.4% in 48 hours, bottoming at $15,590 on Nov. 9 as investors rushed to exit positions after the second largest cryptocurrency exchange, FTX, halted withdrawals. More importantly, the sub $17,000 levels were last seen almost two years prior, and the fear of contagion became evident.The move liquidated $285 million worth of leverage…

Former United States Senator Rick Santorum has joined the board of a Catholic community-oriented cryptocurrency project, according to a press release published on June 4.The former senator and Republican presidential nominee is now a board member of the Catholic community-oriented cryptocurrency project dubbed Cathio.The platform is designed to address the needs of the Catholic economy…

A golden cross completes on the daily chart but Bitcoin still has to contend with a "death cross" on weekly timeframes. 331 Total views 3 Total shares Own this piece of history Collect this article as an NFTBitcoin (BTC) lingered near $23,000 on Feb. 7 as a key chart phenomenon hit for the first time…

The Bitcoin network has hit another all-time high in terms of difficulty as competition between miners intensifies. 90 Total views 14 Total shares The Bitcoin network has hit yet another all-time high in mining difficulty after a steady climb since last July’s lows.On-chain analysis tool CoinWarz indicated on Feb. 18 that mining difficulty reached a…

Whitelisted Coinbase Card users will beable to use crypto to pay on Apple Pay and Google Pay while earning up to 4% inrebates. 2558 Total views 3 Total shares Online shoppers who pay with their Coinbase Card on Apple Pay and Google Pay will begin enjoying crypto rebates.In an announcement on the Coinbase blog issued…

Compound governance refused to compensate COMP farmers right now, but the proposal may come back. 766 Total views 5 Total shares On Dec. 14, the majority of the Compound Finance governance community voted against a proposed compensation plan for users affected by the Dai (DAI) liquidations that occurred on Nov. 26.Figures from the Compound governance…

Microsoft Korea has claimed the country is facing an increase in cryptojacking incidents, according to a report from local English-language daily The Korea Times, published on April 22.The findings were announced by Microsoft security program manager Kim Gwi-ryun during a press conference in Seoul today, which accompanied the release of the annual Microsoft Security Intelligence…

Avatar developers Genies are set to launch an NFT marketplace on Flow later this year after closing a Series B funding round with $65 million. Digital avatar developer, Genies, has raised $65 million to build an NFT marketplace for digital avatars on the Flow blockchain led by several heavyweight investors, including Flow’s developers, Dapper Labs.SEC…