Bitcoin whales 'took advantage' of $90K BTC price dip, scooping up $1.5B
Wealthy investors’ appetite for Bitcoin continues to grow as BTC price is once again eyeing the $100,000 milestone level going into December.
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Crypto company CEO says the recent crypto boom brought increased adoption
Crypto usage in 2021 differs from the 2017 rally, according to the CEO of StormX. 206 Total views 3 Total shares Cryptocurrency has gone through a number of bull and bear cycles since the industry’s inception in 2009. While 2017 saw the crypto industry boom around initial coin offerings and a rising Bitcoin (BTC) price,…
This Exchange Crashed Bitcoin Price to $9K: Here’s Why That’s Bullish
According to data from CoinMetrics, a sell-off on Bitstamp led the market-wide plunge of Bitcoin (BTC). The top cryptocurrency by market capitalization dropped $150 within seconds on the exchange, well below the average market price at the time.Researchers at CoinMetrics said:“Today's market drop was led by trade activity on Bitstamp, where Bitcoin's price dropped $150…
Bitcoin miner wallets awaken after over 15 years — Is this Satoshi?
Five miner wallets that received block rewards weeks after Bitcoin's launch started moving their tokens.
Play-to-earn games are ushering in the next generation of platforms
The online gaming industry has been on the rise for the past few years and for a good reason. From a global pandemic pushing an online revolution to the ever-increasing mobile and internet penetration, more people are spending more time online. It is no wonder the industry is big money, raking in over $20 billion in…
Crypto Assets Pose No Risks to Financial Stability, International Bankers Claim
International central banks and financial officials think that cryptocurrencies pose no significant risks to global economic stability, according to a report published by the Financial Stability Board (FSB) Wednesday, Oct.10.The FSB — an international agency consisting of 68 local institutions such as central banks, watchdogs, and ministries of finance that prepares recommendations for global financial…
How Does Halving Work: The Code Behind the Hype
Did Satoshi Nakamoto make a mistake in the Halving code? How does Bitcoin’s block halving work on an engineering level? We explain with help from Andreas Antonopoulos.In a recent video, Antonopoulos explained the Bitcoin Core code that controls the halving of the Bitcoin (BTC) block reward in detail.Bitcoin halving code. Source: Bitcoin Core Software.Line by…
Elad Roisman appointed acting chairman of SEC, according to Hester Peirce
President-elect Joe Biden will likely announce Clayton's permanent replacement shortly. 179 Total views 3 Total shares Elad Roisman will take over as Chairman of the United States Securities and Exchange Commission effective immediately, according to Commissioner Hester Peirce.Peirce broke the news on Twitter Thursday morning, where she congratulated Roisman for his appointment.Congratulations, Chairman Roisman! I…
The Asia-Pacific market is heating up for Bitcoin and Ethereum ETFs
Two Bitcoin ETFs launched in Australia in June — after six Bitcoin and Ethereum ETFs launched in Hong Kong in April. We'll see soon if more enter the market.