BONK falls 7% despite BURNmas taking $51M in tokens out of circulation

Bear markets are for building out capacity on the layer-2 Lightning Network. Despite macroeconomic headwinds and sluggish price action, the Lightning Network, the layer-2 payments solution fo Bitcoin (BTC), continues to flourish.The Bitcoin Lightning Network reached a milestone capacity of 5,000 BTC ($96 million). In effect, more and more Bitcoin is being introduced to Lightning…

Ether ETFs are on track to reach $500 million in net outflows, but according to market analysts, the ETH bottom may be in.

Zurich Cantonal Bank will take on the function of securely storing the private keys for its customers, according to exec Alexandra Scriba. 

U.S. banking giant Goldman Sachs and its former partner Mike Novogratz, now CEO of crypto investment firm Galaxy Digital, have recently invested in U.S. crypto custody service BitGo, Bloomberg reports Wednesday, Oct. 18.In total, BitGo's series B fund rounding has brought in $58.5 million. According to Bloomberg, Goldman Sachs and Novogratz together contributed about $15…

Bitcoin price showed strength near its medium-term range high but multiple factors are preventing derivatives traders from opening new positions.

According to new data from Statista, only 7% of Americans have previously used Bitcoin (BTC). This means current investors in BTC are still in an early stage of growth.Dan Tapiero, the co-founder of 10T Holdings, said Bitcoin is still at the “birth” phase of a new asset class. He wrote:“It's still so early for Bitcoin.…