What happens when 1% of Bitcoin holders control 99% of BTC supply?

So Bitcoin appears to end this week within tickling distance of $11,000. Experts suggest that the next test of upper level support will be at $11,100 before a move to $12,100. Statistician Willy Woo is optimistic. He thinks there’s little chance of a “catastrophic” dump.Some Bitcoin though, can’t be dumped. More than a billion dollars’…

Argentina’s peso has crashed by 99% versus the U.S. dollar since the beginning of the currency crisis in 2018. 631 Total views 2 Total shares Own this piece of history Collect this article as an NFTLast week, the price of Bitcoin (BTC) reached a record high in Argentine peso (ARS) terms following persistent inflation in Argentina.Argentina’s…

The Telegram founder’s unexpected arrest marks a significant development in the ongoing scrutiny of tech leaders amid growing legal challenges facing the crypto industry.

The move follows a recent data breach suffered by the AI platform on March 20, where user data was exposed to a user. 439 Total views 17 Total shares Own this piece of history Collect this article as an NFTItaly’s watchdog in charge of protecting data has announced that it’s temporarily blocking the artificial intelligence…

Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. Top Stories This WeekPro traders unfazed by Bitcoin price stalling at $12,400, data showsAnother week, another unsuccessful attempt at meaningfully cracking $12,000. Bitcoin suffered an 8.6% drop to as low as $11,370 after a stubborn rejection at…

Bakkt will also have a money transmitter license in the state of New York. 3874 Total views 13 Total shares Bakkt has become the latest crypto firm to get a BitLicense.This morning, the New York Department of Financial Services announced that Bakkt had become the 29th BitLicensee. First granted to Paxos in 2015, the BitLicense is…

Gabriel Shifton pushed back against a report claiming that AssangeDAO carried out “suspicious” transactions, saying instead that the DAO fulfilled its promises.

India has developed a somewhat paradoxical relationship with cryptocurrencies, blockchain and other emerging technologies. On one hand, the Indian government is a huge proponent of distributed ledger technology, with several government-led initiatives gaining ground across the country. On the other hand, the Reserve Bank of India issued a de facto ban on cryptocurrencies when it…

Traders, whales, and ETFs are buying each major dip, but Bitcoin continues to lose momentum, calling the duration of the current bull market into question.