Bitcoin (BTC)

Bitcoin’s price surged to $70,000 briefly this week but faltered soon after failing to sustain the momentum and took a sharp turn. At the time of writing, the world’s largest cryptocurrency is trading at just over $67,000. Still, with exchange supply dropping to December 2021 lows, data suggest that a bullish reversal could be in the offing. Bitcoin Scarcity on Exchanges According to Santiment’s tweet, bitcoin’s supply on exchanges has reached its lowest since December 2021....

MicroStrategy will raise $500 million through a private stock sale to increase its bitcoin holdings. The company already holds over 1% of all bitcoins in supply, amounting to around 214,400. The stock sale will allow MicroStrategy to add more as it makes bitcoin a core component of its treasury reserve. In a press release informing investors about the sale, MicroStrategy stated, “MicroStrategy intends to use the net proceeds from the sale of the notes to acquire additional bitcoin and for...

Business intelligence firm and long-time Bitcoin holder MicroStrategy announced plans to offer $500 million aggregate principal amount of convertible senior notes due 2032. Interestingly, the proceeds of this initiative will be used to buy more Bitcoin and for other corporate purposes. According to its official announcement, the NASDAQ-listed company also intends to grant initial buyers of the notes an option to purchase up to an additional $75 million in principal amount of...

Litecoin ist eine Peer-to-Peer-Kryptowährung, eingegliedert in ein Open-Source-Software-Projekt, das wiederum unter der MIT/X11-Lizenz veröffentlicht wurde. Litecoin hat sich als eine der führenden Kryptowährungen etabliert und überzeugt durch seine beeindruckende Geschwindigkeit, niedrigen Transaktionskosten und hohe Sicherheit. Im Vergleich zu anderen Kryptowährungen, wie Bitcoin, werden Litecoin-Transaktionen deutlich schneller abgewickelt, was sie für den täglichen...

Le prochain séminaire de cryptofinance organisé par Martino Grasselli, Ricardo Pérez-Marco et Cyril Grunspan aura lieu jeudi 20 juin à 17H30 à l’Institut Henri Poincaré, salle Pierre Grisvard (ex salle 314). Orateur : Renaud Lifchitz, Directeur scientifique de Holiseum, expert en cybersécurité et auteur de la première présentation sur Bitcoin en France en juin 2011. Programme : La sécurité des...

The crypto volume market share of the Turkish lira (TRY) has hit an all-time high amid the currency’s depreciation and foreign exchange volatility in the country. According to a report by crypto research platform Kaiko, the uptick in TRY’s crypto volume market share caused the currency to rally past the euro (EUR), becoming the third largest fiat currency by volume. TRY Becomes Third Largest Fiat by Volume Kaiko’s analysis found that TRY’s crypto volume market share hit an...

The Federal Reserve announced on Wednesday that it would not change its policy interest rate despite increasing political pressure to change course. No Rate Cuts Yet, Says Federal Reserve In a press release, the Federal Reserve declared that job growth and economic expansion have “remained strong” while inflation has only seen “modest progress” towards its 2% target. “The Committee would be prepared to adjust the stance of monetary policy as appropriate if risks emerge that...

Bitcoin and the rest of the cryptocurrency market experienced a notable surge following the release of the latest US Consumer Price Index (CPI) data, and now eyes are on tonight’s Federal Open Market Committee (FOMC) meeting. Bitcoin and Ethereum posted gains of 3.4% and 2.43% over the past 24 hours, respectively. The crypto market remains uncertain, with BTC hovering at around $70,000, Ethereum struggling to get past $4,000, and investors treading with caution. However,...

One standout crypto presale is ETFSwap (ETFS), a project that is drawing significant attention and is anticipated to surpass the success of Shiba Inu (SHIB). By examining the presale performances of 99Bitcoins and WienerAI (WAI), we can see why ETFSwap is considered superior and positioned to dominate the crypto space. ETFSwap (ETFS) Super Presale Success ETFSwap (ETFS) has achieved remarkable presale success, which is marked by its groundbreaking utilities, features, and...

A Bitcoin wallet has come alive after five and a half years of inactivity, scooping out about $536 million worth of BTCs in a single transaction. The BTCs were held in a Coinbase cold storage wallet all these years and were transferred to another wallet on June 11, on block 847,490. The subsequent block saw the BTCs transferred to a Binance account, implying that the assets would be liquidated, marking a tremendous payday. However, ample information to know if they liquidated their assets is...