Unspent transaction outputs distort BTC fungibility — Litecoin founder
Unspent transaction outputs create a long history that is tracked by onchain analysts, blockchain heuristic companies, and law enforcement.
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WazirX announces INR withdrawals will resume on Aug. 26
The crypto exchange did not provide a timeline on when crypto withdrawals might resume, citing legal issues.
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Andreessen Horowitz Looks to Double Down on Crypto With New $450M Fund
Private venture capital firm Andreessen Horowitz may have plans for another crypto asset fund. Established by Marc Andreessen and Ben Horowitz over 10 years ago, the firm looks to start its second crypto investment fund, hoping to garner $450 million in capital for the endeavor, Financial Times said in an April 14 article, citing sources familiar with the…
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Crypto Hedge Fund Goes Belly Up After Bitcoin Price Drop to $3.8K
Adaptive Capital, a crypto hedge fund, has announced that it will shutter all operations after taking heavy losses during the March 13 crypto market meltdown which saw Bitcoin (BTC) price drop to a 2020 low at $3,775. The fund has now issued a letter to its investors announcing the closure of the fund and the…
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Bitcoin 'sodlers' dump $4B in two days as BTC sales hit 18-month high
Bitcoin (BTC) speculators panic sold as the BTC price corrected toward $40,000, the latest on-chain data suggests.Figures from on-chain analytics firm Glassnode show short-term holders (STHs) offloading more than $2 billion in BTC on Dec. 12 alone.Bitcoin short-term holders set 18-month selling recordBitcoin saw its biggest single-day drop of 2023 this week — one which
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Crypto Lending Firm BlockFi Raising Interest Rates on BTC and ETH
Clients of one crypto lending company may soon notice some changes in response to the recent drops in the market. Starting on April 1, BlockFi will be raising the interest account rates on Bitcoin (BTC) and Ether (ETH). According to CEO Zac Prince, BlockFi users holding between 0-5 BTC now will earn a 6% annual percentage yield…
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MicroStrategy subsidiary will purchase Bitcoin after closing $205M crypto-collateralized loan
The price of Bitcoin is $47,806 at the time of publication, making MicroStrategy's current 125,051 BTC holdings worth roughly $6 billion. 609 Total views 9 Total shares MacroStrategy, a subsidiary of business intelligence firm MicroStrategy, said it will purchase Bitcoin after obtaining a multimillion dollar loan from Silvergate Bank.In a Tuesday announcement, MicroStrategy said Silvergate…
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Total Crypto Derivatives Volume in Q1 2020 Spikes 314% from Q4 2019’s Average
Total futures trading volume skyrocketed during the first quarter of 2020 in comparison to 2019 data. 1616 Total views 40 Total shares A study by TokenInsight indicates that the total futures trading volume in the crypto industry reached over $2.1 trillion in Q1 2020. This is an increase of 314% from the 2019 Q4 average.According…
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Commodity strategist predicts Bitcoin ETF could get the nod in US next month
A Bitcoin ETF could be approved by U.S. regulators by October. according to Bloomberg Intelligence Commodity Strategist Mike McGlone. 620 Total views 16 Total shares Bloomberg Intelligence Commodity Strategist Mike McGlone believes it is only a matter of time before the U.S. Securities and Exchange Commission (SEC) approves the country’s first Bitcoin exchange-traded fund (ETF).In…