Category: Crypto
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Bitcoin Active Addresses Decline Sharply As Market Volatility Intensifies
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Bitcoin investors Cryptocurrencies appear to be showing a cautious approach as evidenced by the recent significant drop in the number of active BTC addresses, indicating a decline in on-chain activity as market instability continues. Bitcoin sees decline in active addresses Kyle Dobbs, market expert and host of Crypto Banter, subscriber…
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UTXO Research Report: State Of The Bridges
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As we enter a new era of development on Bitcoin, it has become very hard for most people to understand the nuances of the L2 debate, and ever harder to follow some of the technical jargon associated with it. Sidechains, rollups, sequencer, multisig, ZKP…. In this report, we’ll try to…
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Indicators Suggest Next Stop Could Be $53,541
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This article is also available in Spanish. Bitcoin Bitcoin price is facing increasing pressure as critical indicators point to a potential drop to $53,541. With sellers gaining momentum and technical charts turning red, the cryptocurrency is struggling to find a foothold in a volatile market. Traders are watching closely to…
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Trump Family Accounts Hacked For Dubious Crypto Promotion
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Image: cryptonews.com On September 3, 2024, the X (formerly Twitter) accounts of Lara Trump, co-chair of the Republican National Committee, and Tiffany Trump, the youngest daughter of former President Donald Trump, were hacked. It has been hacked. In 2015, anonymous cybercriminals hacked Facebook and Twitter accounts. The hackers used the…
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5 years later, Pi Network’s mainnet launch remains elusive
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Pi Network pioneers have expressed concerns about the slow progress towards the long-awaited mainnet launch and its potential impact on the token’s value. Pi Network just turned 5 Verified user who has been mining Pi tokens for over five years I took it to X To express their frustration over…
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Analyst Publishes ‘XRP Roadmap To Generational Wealth,’ What You Should Know
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Despite XRP not following the rest of the cryptocurrency market in the recent bull run, it has remained a favorite among investors. Its popularity has also increased as Ripple’s legal battle with the U.S. Securities and Exchange Commission (SEC) nears its conclusion. Given this development, there have been multiple XRP…
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Switzerland’s Fourth Largest Bank ZKB Launches Bitcoin Trading
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Zürcher Kantonalbank (ZKB), the fourth largest bank in Switzerland, I started presenting ZKB offers its clients Bitcoin and cryptocurrency trading and custody services. With over $290 billion in assets under management, ZKB serves individual, corporate and institutional clients. Urgent: Launch of the $290 billion Zurich Cantonal Bank #Bitcoin And encrypted…
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Cardano Suffers 90% Plunge In Market Share Since ’21
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This article is also available in Spanish. After stealing the cryptocurrency spotlight in September 2021, Cardano’s value has dropped by around 90%. Its native token, ADA, has lost its place among the top 10 cryptocurrencies as a result of massive losses in market cap. Related Reading: RENDER Stock Shrinks Into…
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SEC probes OpenSea, but NFT artists are likely not the target
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Disclosure: The opinions and ideas expressed here belong solely to the author and do not represent the opinions and views of the crypto.news editorial board. Coinbase, Uniswap, Robinhood, Kraken, and Consensys are the names the digital asset industry is used to seeing take a terrifying hit. Wales Notices From the…
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Bitcoin Might Not Benefit From Federal Reserve Rate Cuts, Former BitMEX CEO Explains Why
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Arthur Hayes, co-founder and former CEO of cryptocurrency exchange BitMEX, recently took to X Explains Why he believes that the expected interest rate cuts by the US Federal Reserve may not have the expected impact on the price of Bitcoin. Lowering interest rates is not a magic solution to Bitcoin’s…
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Why The DNC Doesn’t Care About Bitcoin
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Two weeks ago I attended the Democratic National Convention. The main reason I did so was to try to encourage impartiality in our coverage of politics regarding the election and Bitcoin here at Bitcoin Magazine. Earlier this year we were invited to the Republican National Convention at the last minute,…
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Critical Bitcoin Indicator: Analyst Foresees Major 75% Correction Ahead
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Bitcoin price failed to break out of its current downtrend after losing the $60,000 level this week, trading as low as $57,790 on Tuesday. However, one indicator points to further price corrections for the largest cryptocurrency in the market that could push the coin below its current levels. Bitcoin faces…
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Bitcoin Price Drops As Stocks Lose $1 Trillion In Market Value
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The past trading session saw a turbulent turn of events in financial markets, with the global equity landscape losing more than $1 trillion in market value. The stunning decline was largely driven by massive sell-offs in large-cap technology stocks, including industry giants like Nvidia (NVDA), which alone lost $360 billion…
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Bitcoin Price Drops As Stocks Lose $1 Trillion In Market Value
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The past trading session saw a turbulent turn of events in financial markets, with the global equity landscape losing more than $1 trillion in market value. The stunning decline was largely driven by massive sell-offs in large-cap technology stocks, including industry giants like Nvidia (NVDA), which alone lost $360 billion…
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Bitcoin wallet linked to Terraform’s Do Kwon moved $62m
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Amid the ongoing liquidation of Terraform Labs and an extradition battle involving its founder Do Kwon, a wallet linked to both entities has successfully moved $62.8 million worth of Bitcoin. According to data from Arkham, the address associated with embattled blockchain company Terraform Labs and its arrested founder, Do Kwon,…
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Bitcoin wallet linked to Terraform’s Do Kwon moved $62m
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Amid the ongoing liquidation of Terraform Labs and an extradition battle involving its founder Do Kwon, a wallet linked to both entities has successfully moved $62.8 million worth of Bitcoin. According to data from Arkham, the address associated with embattled blockchain company Terraform Labs and its arrested founder, Do Kwon,…
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Tron Users Reaches Consensus On SunPump Protocol Revenue Distribution
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As the Tron ecosystem continues to experience massive adoption, the community has successfully reached deal About the Sun Pump Protocol Revenue Allocation Strategy Presented by the Project Founder Justin Sun. This agreement represents a major turning point for the TRON network as community members agree on how the generated funds…
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Tron Users Reaches Consensus On SunPump Protocol Revenue Distribution
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As the Tron ecosystem continues to experience massive adoption, the community has successfully reached deal About the Sun Pump Protocol Revenue Allocation Strategy Presented by the Project Founder Justin Sun. This agreement represents a major turning point for the TRON network as community members agree on how the generated funds…
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Privacy and Pain: Craig Raw, Creator Of Sparrow Wallet, On Self-Custody
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This article is featured in Bitcoin Magazine’s “The Privacy Issue”. Subscribe to receive your copy. When Craig Raw talks, you listen. His deep voice has a gravity to it, bolstering the urgency of the points he makes. It’s like that voice in the back of your head that you hear…
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Privacy and Pain: Craig Raw, Creator Of Sparrow Wallet, On Self-Custody
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This article is featured in Bitcoin Magazine’s “The Privacy Issue”. Subscribe to receive your copy. When Craig Raw talks, you listen. His deep voice has a gravity to it, bolstering the urgency of the points he makes. It’s like that voice in the back of your head that you hear…