What’s next for Bitcoin price now that German gov't BTC balance hits zero?
The German government got rid of all of its Bitcoin, but it could still be a bit early to expect a trend reversal in BTC price.
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What are the chances BTC is actually overtaken by another crypto?
When the famous Satoshi Nakamoto first designed his masterpiece, few could possibly have imagined the almost $63,500 peak that sent investors into a frenzy. Even these days, the first-ever cryptocurrency’s price feels hard to believe at times and investors might be pinching themselves every now and then. Taking a seat alongside Bitcoin (BTC) on the…
Bitcoin bears have a $340M lead heading into Friday’s BTC options expiry
Bitcoin (BTC) price is making a slow recovery after facing a sharp 16% correction in the early hours of April 18.While some analysts blame a 9,000 BTC deposit at Binance, others focused on the hashrate drop caused by a coal mining accident in China. Regardless of the reason behind the $51,200 low, options market makers…
Grayscale parent company expands GBTC purchase allocation to $1 billion
The new allocation extends DCG’s purchase authorization for the Grayscale Bitcoin Trust by $250 million. 1471 Total views 14 Total shares According to an announcement issued on Wednesday, DCG is now authorized to buy up to $1 billion worth of Grayscale Bitcoin Trust (GBTC).This development extends DCG’s prior authorization by $250 million if they choose…
Solana suffers 7th outage in 2022 as bots invade the network
NFT minting bots on Solana contributed over 4 million transactions per second, knocking validators out of consensus and crashing the network for around seven hours. 230 Total views 17 Total shares The Solana (SOL) network suffered a seven-hour outage overnight between April 30 and May 1 due to a large number of transactions from nonfungible…
Uncertain Regulations Block Indian Banks’ Entry Into Crypto, Says Expert
Blockchain.com’s head of research Garrick Hileman discusses the interest of Indian banks in the crypto space. 1780 Total views 17 Total shares Garrick Hileman, the head of research at Blockchain.com, shared in an interview today that Indian banks are showing interest in cryptocurrencies but are also skeptical of heading further into this space due to…
Crypto Leaders Propose Open Compliance Protocol For Financial Action Task Force
Today during a panel at BlockShow Asia 2019, a group of cryptocurrency industry leaders announced the creation of a protocol that aims to maintain privacy while complying with Financial Action Task Force (FATF) regulation. The FATF’s so-called “travel rule” requires virtual asset service providers (VASPs) like cryptocurrency exchanges to collect and share personal data during transactions.…
Bitcoin traders hope bottom is in after BTC price bounces 9% from lows
BTC price action takes a break from endless downside to revisit $58,500, but Bitcoin bulls struggle to hold higher ground.
Bitcoin Gives the World ‘Democratization of Savings’ — Misir Mahmudov
Bitcoin (BTC) can bring the world’s population out of debt thanks to its ability to allow consumers to save without permission.That was according to Misir Mahmudov, the author and operations associate at cryptocurrency hedge fund Adaptive Capital, in his latest advocacy of Bitcoin on Nov. 27. Mahmudov is the brother of Murad Mahmudov, the well-known…