Bitcoin whales snapped up $4.3B of BTC amid price slump

Bitcoin price closed the CME gap and made a decisive move above the $9K and $9.2K resistance as traders attempt to carve a new path to $10K. 2256 Total views 41 Total shares Within the past few hours Bitcoin (BTC) price managed to press through the $9,200 resistance level to $9,281. While the 2.58% gain…

Manta Network will use newly raised funds to further scale DeFi use cases by boosting blockchain privacy. 1422 Total views 18 Total shares Manta Network, a privacy layer project for the Polkadot ecosystem, has completed a new funding round to continue scaling decentralized finance (DeFi) use cases by boosting blockchain privacy.Announced Tuesday, Manta Network’s latest…

Ethereum miners are reluctant to sell their assets and appear to expect further price increases. 744 Total views 7 Total shares The amount of Ethereum that is being held by miners has reached record levels in U.S. dollar terms as they remain reluctant to sell.The balance held by Ethereum miners is the largest it has…

On-chain indicators such as the Bitcoin MVRV Z score, Puell Multiple and HODL Waves paint a bullish picture for Bitcoin investors.

Standard Bank, Africa’s largest bank by total assets, has joined blockchain-based trade finance network, the Marco Polo Network.Standard Bank will now develop trade finance solutions alongside major global financial institutions such as French BNP Paribas and Dutch ING, according to a press release on Aug. 22.Backed by the world’s biggest bank, the Industrial and Commercial…

Despite whether the defendant sees the court notice, getting served by NFT ‘limits what the defendant’ can do with the funds according to legal experts. 462 Total views 3 Total shares Own this piece of history Collect this article as an NFTNon-fungible tokens (NFTs) are becoming an increasingly popular solution to serving defendants in blockchain-based…

Russia’s new cryptocurrency-related law, “On Digital Financial Assets,” or DFA, seems to have had little impact on the local cryptocurrency industry so far.In its current form, the DFA law essentially provides legal status to digital assets like Bitcoin (BTC), but prohibits their use for payments in Russia.As the DFA law is poised to be officially…

It's a tale of two Bitcoins as active miners reap the benefits while others remain completely offline. 611 Total views 5 Total shares Bitcoin (BTC) miner revenue jumped after the network saw its biggest-ever difficulty drop, data shows. According to figures from monitoring resource Blockchain, daily revenues have surged by over 50%."Interesting dynamic" hits Bitcoin miningBitcoin…

CryptoVoxels will be the home of the Spells of Genesis trading card exhibit, as NFT galleries become increasingly commonplace in the metaverse. 67 Total views 30 Total shares Thursday marks the fifth anniversary of Spells of Genesis; generally regarded as the very first play-to-earn blockchain game. EverdreamSoft, the game studio behind SoG, first distributed many…