Correlation between Bitcoin price and VC investment breaks down: Report
2024 was a challenging year for crypto and blockchain venture capital, as former hot sectors like gaming, metaverse and NFTs failed to spur bigger funding opportunities.
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Why the 2024 Bitcoin halving may play out differently than in the past
While the halving event is considered one of the main catalysts for Bitcoin bull markets, it may play out differently next year. The impact of the Bitcoin halving on crypto prices is often overestimated and the next halving, set for April 2024, may play out differently than previous ones, according to a leading analyst.The halving
Coinbase co-founder Fred Ehrsam sells $13 million COIN shares as ARK continues to divest
Major Coinbase shareholders have sold over $14 million of stocks over the past 48 hours. 336 Total views 2 Total shares According to public trading data, Coinbase co-founder Fred Ehrsam and ARK Invest have sold more than $14 million of Coinbase shares over the past 48 hours.Information shared by Insider Tracker, a service that shares
Dogecoin gains 25% after Elon Musk confirms Tesla will accept DOGE for merchandise
DOGE will be the only cryptocurrency that Tesla currently supports once payments begin. 609 Total views 20 Total shares Dogecoin (DOGE) saw a sudden price increase on Dec. 14 after Elon Musk announced that Tesla would begin accepting it for some purchases.DOGE/USD 1-hour candle chart (Bittrex). Source: TradingViewData from Cointelegraph Markets Pro and TradingView showed DOGE/USD…
Calm Before the Halving: Bitcoin Pending Transactions at Weekly Low
Activity on the Bitcoin blockchain is slowing down as miners process almost all pending transactions in the mempool. As Bitcoin (BTC) halving is set to occur in less than eight hours, the blockchain is currently registering a slowdown in activity. A mempool visualization website shows that the number of pending transactions currently sits at around 4,000…
FTX crisis could extend crypto winter to the end of 2023: Report
The crypto market might see “second-order effects” from counterparties that may have lent or interacted with either FTX or Alameda. 725 Total views 8 Total shares The FTX crisis has deterred investor confidence and created a liquidity crisis in the crypto market, which could very well extend the crypto winter until the end of 2023,…
Treasury’s OFAC is investigating Kraken for violating US sanctions: Report
More than 1,500 users with residences in Iran reportedly had accounts at Kraken as of June, while 149 users in Syria and 83 in Cuba were also able to access the crypto exchange. The United States Treasury Department’s Office of Foreign Assets Control, or OFAC, is reportedly investigating crypto exchange Kraken for allegedly allowing users…
Tokenized agriculture could provide economic relief to Argentine farmers
Blockchain proponents claim that agricultural asset-backed tokens would make it easier for farmers in Argentina to attract investment and access liquidity amid a nationwide economic crisis. 1511 Total views 8 Total shares Argentina's brittle economy — stricken by endemic problems that have only worsened amid the COVID-19 pandemic — has sparked rising unrest in the country's…
Crypto PIVX Denies Vulnerability Allegations, Says Users’ Funds Are Safe
Developers of the private transactions cryptocurrency PIVX replied to crypto consulting firm Lunar Digital Assets regarding claims its blockchain was vulnerable to a bug. In a reply published on Aug. 13, PIVX developers addressed claims made by Lunar Digital Assets CEO Han Yoon. They argued that there has been no resurgence of attacks on its proof-of-stake…