‘Giant buy’ signal? Crypto whales transfer $1.3B to Coinbase
Crypto analysts believe the large transfers could have a “big impact” depending on where the capital is getting deployed.
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Banking uses 56 times more energy than Bitcoin: Valuechain report
Fresh figures on Bitcoin’s (BTC) energy consumption, efficiency and scalability serve to expose the banking sector while bathing the world's largest cryptocurrency in a new light. A research report published by Michel Khazzaka, an IT engineer, cryptographer and consultant, calculates that Bitcoin payments are a "million times more efficient" than the legacy financial system. Plus, the Banking…
Cardano, Cosmos and Tezos Beat Bitcoin and Ether in Latest Weiss Crypto Ratings
Weiss Crypto Ratings rate Cardano, Tezos and Cosmos above Bitcoin and Ether based on their technology. 1371 Total views 46 Total shares In the latest figures released by financial rating agency Weiss Crypto Ratings this week, Cardano (ADA), Tezos (XTZ), Cosmos (ATOM) and Fantom (FTM) are the top coins by in the “technology” category, ranking…
Interactive Brokers Hong Kong licensed in Hong Kong for retail virtual asset trading
Interactive Brokers Hong Kong has been approved for virtual asset trading by retail clients in Hong Kong, its regional managing director announced. 252 Total views 3 Total shares The brokerage firm Interactive Brokers Hong Kong has been licensed for virtual asset trading by retail clients in Hong Kong, according to a post on LinkedIn by
Weekly digital asset inflows reach $901M, totaling $27B in 2024
According to CoinShares, anticipation for the United States elections and Republican gains are fueling bullish market sentiment.
Coinbase CEO Suggests Dodging ‘Mean, Snarky’ Media
Coinbase CEO Brian Armstrong is one of many crypto executives who prefers writing a blog to answering questions from mainstream journalists. 786 Total views 21 Total shares Coinbase chief executive Brian Armstrong says that company leaders are increasingly opting to avoid mainstream journalists by speaking directly to audiences on unmediated social media platforms.“Our customers are…
Sam Bankman-Fried files appeal for felony conviction
Following the collapse of crypto exchange FTX in 2022, the former CEO faced a jury trial and was convicted of seven felony counts and sentenced to 25 years in prison.
Litecoin price hits $400 all-time high but LTC rally at risk of overheating
Litecoin (LTC) has broken the $400 mark reaching a new all-time high price of $414 on Bitstamp on May 10. The problem with buying Litecoin is that it has become too expensive in a very little period. The world’s tenth-largest cryptocurrency by market capitalization is worth 215 percent more than it was at the beginning of…
99% gone in 60 seconds: How a Polkadot trader may have crashed DOT futures
On March 5, Polkadot (DOT) experienced a flash crash at Binance perpetual futures which resulted in the contract trading as low at $0.20. While this could have been an honest fat-finger trading mistake, a number of indicators point to a planned-attack.While no hard evidence will likely ever emerge, the open interest increase just 24 hours…