Stop piling into leveraged Bitcoin ETFs — Consider this instead
Leveraged Bitcoin ETFs are popular, but they often massively underperform the alternatives for crypto futures trading.
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Bitcoin fees hit 20-month high as miner revenues match $69K BTC price
Bitcoin (BTC) on-chain transaction fees are dividing opinion as the cost of sending BTC skyrockets.Data from the statistics resource BitInfoCharts puts the average transaction fee at nearly $40 as of Dec. 17.Commentators: High Bitcoin fees are inevitableThe latest wave of Bitcoin Ordinals inscriptions has resulted in elevated transaction fees for all network users — but
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Price Analysis 7/20: BTC, ETH, XRP, BCH, BSV, ADA, LTC, BNB, LINK, CRO
Gold continues to trade near its nine-year highs as investors hedge their portfolio against a possible devaluation of the U.S. dollar due to the expansive monetary policy of the Federal Reserve. Bitcoin (BTC), which has long been forecast as digital gold, is not finding favor among investors as it remains highly correlated with the U.S.…
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Yield Guild Games Raises $1.45M for Philippine Typhoon Relief
Yield Guild Games (YGG) has raised $1.45 million to support people affected by December 16's Typhoon Odette in the Philippines, with nearly $1 million already dispersed to people in need.The funding was used to purchase essential goods like medicines, power generators, and canned food, which were turned over to the Philippine Army and Navy and…
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IRS issues temporary relief on crypto cost-basis method changes
New IRS rules could have been “disastrous” for crypto taxpayers during the bull market, a crypto tax executive said.
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Crypto Biz: Luna’s meltdown will live on in infamy, May 5–11, 2022
Terra’s meltdown forced cryptocurrency investors to ask a question they never thought was possible: Will TerraUSD (UST) or Terra (LUNA) reach $1.00 first? The magnitude of this question provides a sobering reminder of just how quickly things can change in crypto. While Terraform Labs co-founder Do Kwon remains defiant, many people in the industry are…
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Price analysis 9/16: BTC, ETH, XRP, DOT, BCH, BNB, LINK, CRO, LTC, BSV
This week MicroStrategy, a Nasdaq-listed company, announced that it had added 16,796 Bitcoin (BTC) to its existing holding of 21,454 Bitcoin. This means in less than a year the firm has amassed 38,250 Bitcoin. This is a defining moment as MicroStrategy becomes the first public company to adopt a Bitcoin standard. Other large companies may follow…
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Judge axes class action claiming Iris Energy misled investors during IPO
Iris Energy went public in late 2021, raising $232 million from an IPO, but its stock price fell quickly not long after, along with the rest of the crypto market.
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BTC Outflow on BitMEX Exceeded Inflow by $73M: TokenAnalyst
Bitcoin (BTC) outflows on major crypto exchange BitMEX have notably exceeded the inflows after the firm was reported to be a subject in a regulatory investigation.Bitcoin outflows on BitMEX exceeded inflows by $73 millionOver the past 24 hours, BitMEX saw an outflow of $83 million worth of Bitcoin, while only $12 million came in, London-based…