Bitcoin (BTC)

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The Bitcoin network is breaking records beyond its native asset, BTC, hitting prices unseen by other cryptos. It is now a top three NFT ecosystem by sales generated through all-time sales volumes, hitting $4,271,928,280 and pushing the Ronin chain down to the fourth spot. As protocols like Ordinals and Rune bring new use cases to the legacy chain, Bitcoin has transformed into an established NFT ecosystem. Enthusiasts take to the first-ever blockchain in droves to get their hands on NFTs,...

Memecoin bulls braced for impact as the largest asset of this kind by market cap, Dogecoin, dropped by over 10%. $60 million in DOGE futures got wiped out as a result. Huobi accounted for more than $44 million of those liquidations. Data revealed they were associated with longs – positions harnessed by users to speculate DOGE’s price rise. In contrast, only $600,000 worth of DOGE shorts, which users open to bet against the memecoin dropping in value, got liquidated in the past 24 hours. This...

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Deutsche Telekom, T-Mobile’s parent company, will jump into the Bitcoin mining space shortly to expand its revenue generation avenues. The telecommunications company has been active in the Web3 space for a while, already running a Bitcoin node, multiple nodes on the Lightning Network, a Bitcoin scalability solution, and validating on other networks. Dirk Röder, head of Web3 infrastructure and solutions at Deutsche Telekom, said at BTC Prague, “Since 2023, we are running a Bitcoin node, and we...

Crypto asset management firm Hashdex is applying to launch an ETF backed by both spot Bitcoin and spot Ethereum holdings – the two largest cryptocurrencies by market cap. The Hashdex Crypto Index US ETF Analysts discovered the product in a form 19b-4 from the Nasdaq stock exchange on Tuesday, requesting permission from the Securities and Exchange Commission (SEC) to list shares of the Hashdex Nasdaq Crypto Index US ETF. “The assets of the Trust will consist of bitcoin and...

Stacks, a Bitcoin layer 2 network, experienced an outage for 9 hours last week, leaving user transactions and blocks unprocessed for that entire period. Stacks Status, the official X account for the network’s updates, mentioned the cause was due to block reorganization (reorgs) on the layer 1 Bitcoin network and its miners behaving unexpectedly. “We are experiencing a delay in Stacks block production due to unexpected mining behavior and a Bitcoin reorg. Core developers in the ecosystem are...

TL;DR Drake suffered a substantial crypto loss after betting on the Dallas Mavericks to win the NBA finals. Additionally, he placed another $500,000 BTC bet on the Edmonton Oilers to win the NHL Stanley Cup Finals, continuing his risky wagering streak. Not Picking the Right Horse The popular Canadian rapper and actor Aubrey Drake Graham (better known as Drake) parted with $500,000 worth of Bitcoin (BTC) after betting on the Dallas Mavericks to win the NBA final against the...

Aurore GALVES cofondatrice de Bitcoin-Lyon, a annoncé il y a quelques jours sa candidature aux élections législatives dans la 8e circonscription de l’Isère. Nicolas Cantu, cofondateur de 4NK et expert de Bitcoin, sera son suppléant. « A l’ère du numérique, Bitcoin est un outil puissant de souveraineté individuelle et pourtant ignoré par les différents courants politiques. Notre démarche de présenter des candidats à ces législatives est...