Galaxy Digital clocks biggest trading day of year on US election day: Report
Trump’s win sparked a surge of interest in crypto, Galaxy’s CEO reportedly said.
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Crypto Biz: Microsoft enters the metaverse, Jan. 14–20
This week’s Crypto Biz explores Microsoft’s Activision purchase, the new partnership between Coinbase and Mastercard and the latest funding news from the world of crypto. For a comprehensive breakdown of business developments over the last week, register for the full newsletter below.Microsoft enters the Metaverse with Activision purchaseIt’s no secret that Microsoft has been eyeing…
AsicBoost Dominates Bitcoin Mining, Solving Bitmain’s 2017 Controversy
Bitcoin (BTC) miners openly using AsicBoost are now comprising 63% of its network hashrate. This vindicates community concerns from 2017 that accused Bitmain of using the “covert” version of AsicBoost.The statistic was highlighted on March 9 by Bitmex Research, building on a similar report from December 2018. Though the overt AsicBoost was only used by…
Japanese exchange Coincheck to list fan tokens by Chiliz and Socios
The Coincheck crypto exchange will list Chiliz and Socios fan tokens on its new NFT marketplace. 1311 Total views 6 Total shares Japanese cryptocurrency exchange Coincheck has partnered with major global fan token makers, Chiliz and Socios, Cointelegraph Japan reports.As part of the new partnership, Coincheck will list Chiliz and Socios’ fan tokens on Coincheck's…
Solana rallies above $230, paving the way for new SOL price all-time highs
Traders’ anticipation of a SOL ETF approval and a $750 price target from Bitwise are fueling traders’ optimism in Solana.
‘Extreme demand’ for BTC at $20K creating new support levels: Glassnode
The latest analysis by Glassnode suggests that the worst of the sell-offs could be concluded, but the market still needs time to recover. 421 Total views 6 Total shares “Extreme” demand at the $20,000 price point for Bitcoin (BTC) appears to have forced the coins back into the hands of investors who care less about…
Bitcoin Breaks $10,000 for First Time Since March 2018
Bitcoin (BTC) has continued its steady rally in price over the past three months to break $10,000 today for the first time in over a year.Bitcoin broke the $10,000 mark today after trading in the $3,000-$4,000 range for the first four months of this year.Bitcoin’s recent price rally has seen commentators like Fundstrat’s Tom Lee…
Societe Generale, Banque de France complete blockchain repo transaction
The transaction involved tokenized bonds issued on the Ethereum blockchain as collateral in exchange for CBDC issued by the Banque de France.
Bitcoin has further to fall before BTC attacks $70K, says trader
Bitcoin and altcoins see retracement amid a short-term target of April’s all-time highs to act as support for BTC/USD. 3654 Total views 24 Total shares Bitcoin (BTC) remains bullish but has “one more leg down” to complete before a resurgence, one trader argues.In an analysis on Nov. 10, popular Twitter account Crypto Ed said that the…