German gov’t transfers $172M in Bitcoin to multiple locations
The German government’s latest Bitcoin transfers could impact the market significantly, as it moves 3,000 BTC to various crypto exchanges and an unknown wallet.
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Lightning Network node count hits record high, TVL tops $42M
Will Bitcoin’s premier layer-two solution finally graduate from experiment to everyday utility, following its adoption by major exchanges? 3684 Total views 16 Total shares The Lightning Network has grown 75% in size over the past year, hitting a record high 8,900 nodes for the first time on Feb. 8, according to LN monitors at Bitcoin…

2 key derivatives metrics signal that Bitcoin traders expect BTC to hold $40K
Whenever Bitcoin (BTC) fails to break through important resistance levels, traders gain confidence and add to their altcoin positions. The logic is that, unless BTC drops significatively, these movements historically provide decent rewards for those shifting their portfolios toward higher risk.Bitcoin/USD at FTX. Source: TradingViewIn the past seven days, the aggregate market capitalization performance of…

Genesis Partners With Blockchain Security Firm to Provide Direct Custody Operations
Blockchain security firm BitGo has partnered with Bitcoin (BTC) over-the-counter (OTC) trading platform Genesis Global Trading. The partnership intends to allow clients to trade crypto directly from BitGo custody, according to a press release posted today, Jan. 16.Following the recent acquisition of a crypto custodian qualification, BitGo has endeavored to improve its custodial services by…

China’s Latest Crypto Rankings: EOS Retains Top Spot, Bitcoin in 12th Place
China updated its cryptocurrency rankings on May 23 — with eos retaining the top spot and bitcoin moving up three places.The government-sponsored index assessed each blockchain on three criteria: technology, application and innovation.Joining EOS in the top five was tron, ether, steem and ontology.Despite its dominance in the crypto industry overall, Bitcoin was in 12th…

Staples Center in Los Angeles will be renamed Crypto.com Arena
After a deal with its owner, AEG, the Staples Center will be known as Crypto.com Arena from December. 641 Total views 33 Total shares Staples Center will now be known as Crypto.com Arena after an agreement with its owner, AEG.Staples Center is a multi-purpose arena that has been home to numerous public events including boxing…

ECB considers digital euro access, distribution in third design progress report
The digital euro, if it is created, will be available to Eurozone users first through familiar onboarding procedures. 507 Total views 63 Total shares Own this piece of history Collect this article as an NFTThe European Central Bank (ECB) released its third progress report on digital euro design on April 24. This time the bank…

Tether boasts of its financial stability after strong profits, money moved out of banks
Tether Holdings wants to make sure the world is aware of its positive first-quarter attestation in the face of rumors and criticism. 464 Total views 3 Total shares Stablecoin operator Tether Holdings pulled over $4.5 billion out of banks in the first quarter of 2023, causing a “substantial reduction” in counterparty risk, the company reported…

London Stock Exchange Leads $20 Million Investment in Finance Tokenization Startup
The London Stock Stock Exchange Group (LSEG) has led a $20 million investment round in fintech startup Nivaura, Reuters reported on Feb. 27. The British blockchain startup is the developer of the world’s reportedly first crypto-denominated, blockchain-settled bond.According to Reuters, LSEG paid an undisclosed amount for a minority equity stake in Nivaura. The startup provides…