Bitcoin (BTC)

As per the latest statistics, around $8 million was paid as fees to conduct transactions on the Ethereum network. That works out to be approximately 18,300 ETH. What is driving this humongous spike in gas fees? Research shows that it is due to the booming ‘yield farming’ craze.Gas Fees Tops $8 Million Led By Massive Transaction DemandAs per data from Glassnode, transaction fees paid on the Ethereum network topped $8 million recently (read August 13, 2020).This is a new all-time high level for...

Bitcoin went through a significant price surge in the past month, jumping from $9,000 to about $12,000. By heading into five-digit price territory, this 33% increase has many people speculating that the primary cryptocurrency may be too expensive, and the train has left the station.However, looking at Bitcoin’s pre-programmed deflationary mechanism and several macroeconomic factors, the asset’s price may actually be (still) cheap.Before we begin, let’s face some sizing facts. As of writing...

« La Citadelle VR est un espace virtuel, ouvert à tous, où des personnes francophones peuvent se rejoindre les samedis dès 21h30. L’objectif ? Partager un moment de convivialité, s’entraider, comprendre, parler d’actualité, etc… » Prochaine rencontre : Samedi 15 août de 21h30 à 23h30. Pour rejoindre ce meetup vous n’avez pas forcément besoin d’un casque VR, un PC sous Windows avec micro suffit....

The leading cryptocurrency asset management company – Grayscale Investments – has recorded its most significant fundraising week in its 7-year history.Interestingly, the massive spike followed a nationwide advertising campaign the company ran in the U.S.Grayscale Commercial WorkedAs CryptoPotato reported a week ago, the digital asset manager planned to run a widespread advertising campaign in the United States to promote its Investment Trust and highlight the merits of investing in Bitcoin...

The open interest for CME Bitcoin Futures has surged over 100% over the last month as concerns of inflation drive institutional players to the crypto market. Institutions see BTC as a good hedge while the central banks continue to add more money to the ecosystem.Chicago Mercantile Exchange’s (CME) Bitcoin futures see rising institutional interest as more investors turn towards Bitcoin to hedge potential inflation risks. The CME Bitcoin Futures open interest has topped $800 million making it...

Bitcoin took yet another swing at $12,000 but to no avail so far, while Ethereum continues climbing to $440.Macrodata reaffirms the ongoing bull trend as almost all top 100 digital assets have been in the green in the past three months.Bitcoin Not Yet Conquering $12kAbout three days ago, the primary cryptocurrency was in a bit of a jam as it dipped to $11,100. It began losing its dominance over the market, but the bulls have since regained possession and drove Bitcoin upwards.Their attempt...

« C’est en fouillant le web que nous sommes tombé sur le site Coinatmradar. C’est à notre grande (et belle) surprise que nous avons ainsi découvert qu’un distributeur automatique de Bitcoin été en place près de chez nous, à Lille. Une belle surprise au regard du faible nombre d’ATM Bitcoin déployé en France. […] Ni une ni deux, nous retirons 20€ en liquide dans un distributeur de billet...

New York is a growing hotspot for bitcoin and cryptocurrency mining companies like Greenidge Generation.New York – Where Bitcoin Miners Never SleepOften, New York is known for being a rather expensive place. The real estate alone attracts only the rich and famous, while a bowl of soup in an upscale Manhattan restaurant is likely to cost $100 or more. New York may be pricier than other places, but its upstate region appears to offer some relatively cheap energy, which makes it a prime location...

The UK Metropolitan Police Service (MPS) has arrested a 35-year old woman and seized over $150,000 worth of Bitcoin as part of an investigation into fraudulent applications for government-backed loans for businesses affected by the COVID-19 pandemic.MPS Seized $150K Worth Of BTCThe MPS (or Met) announced that the Proactive Money Laundering Team had investigated a 35-year old woman for illegally acquiring substantial amounts of government-backed funds and using them to purchase Bitcoin.Upon...

The U.S. has seized roughly $2 million in bitcoin units said to be used for funding terrorist groups such as Al Qaeda, ISIS and others.Terrorist Groups Are Stopped Ahead of TimeOne of the big worries centered on bitcoin is its use in criminal circles. News has emerged that bitcoin is still widely popular on dark web markets, and the currency is frequently the subject of hackers and cyber thieves. Among the most recent – and most prominent – cases as of late are a Twitter BTC hack that saw...