WIF open interest jumps 16% as trader claims 'nobody is ready' for reversal
Dogwifhat open interest has spiked as its price has been trading below $1.90 since Aug. 25, while a trader points out a potential reversal pattern forming.
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Winklevoss’ Crypto Exchange Gemini Eyes Entrance Into UK Market, Sources Report
Tyler and Cameron Winklevoss, creators of U.S..-based cryptocurrency trading platform Gemini, are looking to expand the platform to the U.K. market, sources told the Financial Times (FT) September 24.The Gemini Trust Company, founded in New York in 2014, is currently ranked the 58th largest crypto exchange globally by adjusted daily traded volume, according to CoinMarketCap.The…
World’s Second Largest Bitcoin Miner Canaan Creative Releases BTC-Mining Television Set
Canaan Creative, the world’s second largest Bitcoin (BTC) mining hardware manufacturer, has launched what it claims is the “first ever” BTC mining television set, the South China Morning Post (SCMP) reported August 2. Dubbed “AvalonMiner Inside,” the appliance has a processing power of 2.8 trillion hashes per second, and is reportedly powered by artificial intelligence…
Former US treasurer joins Ripple board
“Blockchain and crypto will underpin our future global financial systems," said the new board member. 1756 Total views 9 Total shares Rosa Gumataotao Rios, the 43rd treasurer of the United States, will be joining Ripple’s board of directors. In an announcement from Ripple today, the company said Rios, who served as the U.S. treasurer from 2009…
Bitcoin Price Dips Below $9.5K as Whale Deposits 600 BTC to BitMEX
Bitcoin (BTC) fell below $9,500 for the first time in almost two weeks on Feb. 17 as downward pressure continued to pressure markets.Crypto market weekly price chart. Source: Coin360BTC further rejects $10KData from Coin360 and Cointelegraph Markets showed BTC/USD hitting twelve-day lows of $9,485 on Monday. At press time, the BTC price was struggling to…
Binance KYC Breach — Did It Happen, and If So, Who’s to Blame?
On Aug. 7, Binance, the world’s largest cryptocurrency exchange (by daily trade volume), fell victim to a hacking scandal that saw the miscreant allegedly gain possession of a huge chunk of the firm’s Know Your Customer (KYC) data (10,000+ personal photos). The hacker is reportedly demanding a total of 300 Bitcoins (worth around $3.5 million)…
Ledger wants to help MicroStrategy secure its $400m Bitcoin treasury
Square's SubZero cold wallet is great, but Ledger Vault is better says the company's VP of Product. 727 Total views 10 Total shares Ledger is mostly known for its consumer-facing hardware wallets, but since last year, a number of enterprises have also begun to use Ledger Vault, according to the company’s vice president of product,…
Stacks’ smart contracts reach record high ahead of Nakamoto upgrade
Stacks hit a record of over 1,400 monthly smart contract deployments ahead of the Nakamoto upgrade, which is set to revolutionize Bitcoin DeFi and scalability.
Bitcoin difficulty jumps 6% to new peak as miners ignore BTC price dip
Bitcoin (BTC) network fundamentals are in no mood to follow bearish BTC price action this week.The latest on-chain data confirms that difficulty has hit new all-time highs, with hash rate not far behind.Bitcoin mining difficulty ends slumpDespite BTC/USD dropping 10% last week, Bitcoin miners appear to be taking the price downturn in their stride.This was…