Mt. Gox sees $3.2B BTC in outflows in just two hours

A new 100-week “point of control” is appearing below $17,000 as the age-old Bitcoin trading range endures.

Bitcoin’s top 100 richest addresses have snapped up almost 350,000 more BTC in the last 30 days. 646 Total views 6 Total shares The top 100 richest Bitcoin addresses are increasingly bullish, accumulating 16% more Bitcoin over the last 30 days. In total these addresses added 334,000 more Bitcoin to their bags, or around $11 billion…

The price of Bitcoin (BTC) could rise to as high as $12,000 within the next month, some traders say. Predictions for an extended uptrend emerged as the dominant cryptocurrency steadied amid declining volatility for about five days.Historically, Bitcoin tends to see large price movements following a long period of stability. For over 100 hours, the…

Polygon’s native token (MATIC) experienced a 16.4% rally that coincided with the launch of Polygon 2.0 Goreli testnet on Oct. 4. However, the resistance at $0.60 proved stronger than anticipated, and was followed with a 10.6% decline over the six days leading into Oct. 10. This decline was exacerbated by negative news regarding the departure

Despite receiving over $4 billion worth of Bitcoin, which has appreciated by over 8,500% in the 10 years since Mt. Gox collapsed, the exchange's creditors continue to hold their assets.

The CEO of Swan Bitcoin, Cory Klippsten, criticizes Celsius Network and other centralized crypto lending platforms, warning of possible market contagion. 674 Total views 33 Total shares Swan Bitcoin CEO Cory Klippsten believes that the liquidity crisis involving Celsius Network may be just the beginning of a broader collapse in the crypto lending space. "It doesn't…

A 200-page manual titled “Digital Currency: A Reader for Cadres” entered its second printing in January. The high demand signals interest from China’s government amid confusing regulations on cryptocurrencies.The handbook was first released in November, and includes a comprehensive set of 23 articles, starting from the basics of digital currencies to their impact on global…

"Our priority, for the time being, is to resume withdrawals of as many coins/tokens as possible," said Poolin. 212 Total views 10 Total shares Poolin, one of the largest Bitcoin mining pools by hash rate, has announced it will be issuing IOU tokens in an effort to “minimize the impact of withdrawal suspension” for users. In…

The Metaverse is quickly becoming one of the biggest trends of 2022. Recent data found that the metaverse sector currently has a market capitalization of over $26 billion. While impressive, new capabilities are also being added to virtual worlds to create more immersive experiences.For example, metaverse communities that cater to creatives are starting to unfold,…