German gov’t transfers another $52M Bitcoin, threatening more BTC selling pressure
The repeated Bitcoin transfers to centralized exchanges suggest that the government is planning to sell its $2.75 billion worth of BTC holdings.
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Bitcoin looks ripe for a rebound, and so do ETH, DOGE, LTC, and XMR
Bitcoin’s volatility is expected to pick up after the US elections, and charts suggest that ETH, DOGE, LTC and XMR could be the first to follow.
Poll shows Brits concerned over the prospect of a digital pound
In a recent survey, British adults expressed concerns of personal privacy and government interference on the prospect of a government-backed digital currency. 165 Total views 2 Total shares The results of a recent survey undertaken by Redfield & Wilton Strategies on behalf of Politico suggest that a plurality of the British adult population hold visceral…
Price analysis 3/7: BTC, ETH, BNB, XRP, LUNA, SOL, ADA, AVAX, DOT, DOGE
The geopolitical tension between Russia and Ukraine has resulted in investors seeking safe-haven assets. Contrary to expectations by crypto investors, Bitcoin (BTC) has failed to rise along with gold and it remains closely correlated with the U.S. stock markets.Lloyd Blankfein, the former CEO of Goldman Sachs, said that the actions of governments freezing accounts, blocking…
Justin Sun issues apology after Sui LaunchPool clashes with Binance CEO
Nearly $4 billion has been staked in Binance’s Sui farming pools in anticipation of the layer -1 blockchain’s airdrop. 784 Total views 4 Total shares Own this piece of history Collect this article as an NFTOn May 1, Binance CEO Changpeng “CZ” Zhao issued a warning to Tron founder Justin Sun regarding a deposit of…
Coinbase Says Bitcoin Will Become Closer to Digital Gold in 93 Days
With May’s Bitcoin halving event drawing ever closer, Coinbase recently took to pushing the “Bitcoin as digital gold” narrative. In a tweet-storm to promote an accompanying blog-post published Feb. 7, it covered the key reasons why the halving and subsequent supply rate reduction will further cement that link.Scarcity creates valueSince the gold standard was broken…
Bitcoin hodling activity resembles previous market bottoms: Glassnode
Bitcoin’s price had just topped $21,000 at the time of writing — meaning around 45% of BTC holders have an “on-paper loss,” according to Glassnode. The majority of Bitcoin has been “hodled” for at least three months in behavior bearing a striking resemblance to previous Bitcoin market bottoms, says blockchain analytics firm Glassnode.In a July…
UAE researchers launch blockchain carbon trading platform at COP28
The institute said it adopted a lightweight and efficient blockchain not intended to be computationally wasteful, where trading can be facilitated at little to no cost. 86 Total views 1 Total shares An Abu Dhabi government-affiliated research center has announced the launch of a new blockchain-powered carbon tracking and trading platform, amid efforts from the
The virus killer: How blockchain contributes to the fight against COVID-19
On Jan. 30, the South China Morning Post reported that one of the largest Asian pharmaceutical companies, Zuellig, had launched a blockchain-based system to track the quality of COVID-19 vaccines. Called “eZTracker,” it allows any user to “instantly verify the provenance and authenticity” of vaccines by scanning the QR code on the package. Somewhat surprisingly,…