The weekend isn’t treating Bitcoin’s price right as it has tumbled below $51K, erasing some of the gains achieved during the rally in the past few days. As seen in the chart below, the price took a turn for the worse in the past few hours. Source: TradingViewData from CoinGlass reveals that this has also sent ripples through the derivatives market, liquidating a total of $122 million in the past 24 hours. As it’s expected, the volume of these moves is significantly lower...
Read More »For the First Time in 2 Years, Coinbase Has Gone Profitable Again: Report
In spite of the fact that Coinbase has always been one of the most well-known trading platforms, business within the past few years hasn’t been much easier for them than lesser-known exchanges. Between crypto winter, an ongoing lawsuit, the need for personnel reductions, and the other expenses of running a business, Coinbase has suffered business contraction for about two years now. However, the exchange’s fortunes have changed. First Profitable Quarter in Two Years...
Read More »Bitcoin Registered New ATHs Against These Fiat Currencies, When the USD?
Bitcoin’s (BTC) uptick by more than 15% this week has caused the asset to hit new all-time highs (ATHs) against several depreciating fiat currencies. With the leading cryptocurrency recording new highs against the Argentine peso (ARS), the Japanese yen (JPY), the Turkish lira (TRY), and the Nigerian naira (NGN), anticipation is rising about when it will register an ATH against the United States Dollar (USD). BTC Records New Highs As reported by CryptoPotato earlier this week,...
Read More »Profit Lag and Alternative Network Mining – Ricardo Perez-Marco
Ricardo Perez-Marco présente (en anglais) son article Profit Lag and Alternate Network Mining (rédigé avec Cyril Grunspan), récemment publié dans les actes de la conférence MARBLE. Dans leur travail de recherche, Ricardo Pérez-Marco et Cyril Grunspan revisitent les stratégies de minage égoïstes et intermittentes et définissent une stratégie de minage alternative sur deux réseaux partageant le même algorithme PoW. Selon les deux chercheurs, cette stratégie présente un ratio de...
Read More »Crypto Markets Cool Off After Recent Rally, Bitcoin (BTC) Stalls Below $52K (Weekend Watch)
After numerous consecutive days of charting impressive gains, Bitcoin has calmed at just under $52,000. The altcoins have also stalled following the recent price surges, with ETH dipping below $2,800 and AVAX slipping below $40. BTC Calms Below $52K The primary cryptocurrency had a highly impressive run over the past ten days. It all started on February 7 when the asset finally broke out of its tight range in which it stood for a week – at around $43,000. The bulls took...
Read More »France Info : « Faut-il placer son épargne dans les monnaies virtuelles ? »
Dans l’émission Les informés de l’éco du 17 février 2024, Jules De Kiss et Emmanuel Cugny reçoivent Jézabel Couppey-Soubeyran, maître de conférence à la Sorbonne, et Philippe Trainar, membre du Cercle des économistes, professeur titulaire de la chaire assurance du CNAM.
Read More »This Is How Much You Would Need to Spend to Execute 51% Attacks on Bitcoin and Ethereum
A 51% attack occurs when a single network miner or group of miners controls more than half of a blockchain network’s hash rate. Theoretically, this would enable the attacker to block transactions from taking place in the blockchain, alter the sequence of new transactions, and potentially revert past transactions (referred to as “double spending”) by tampering with blockchain data. However, a recent study indicates that executing such attacks is financially unviable within the...
Read More »Bithumb Rockets to All-Time High in Korea: Claims 72% Market Share Over Upbit
South Korea’s crypto landscape was dominated by Upbit for the longest time. However, there seems to be a shift underway as Bithumb gains momentum, gradually capturing Upbit’s market dominance. The latest development surfaces amid intensifying crypto trading activity in South Korea, particularly with the surge in Bitcoin trading. Bithumb’s Market Share Peaks at 72% Crypto trading activity in South Korea has seen a notable increase, particularly in light of the broader market...
Read More »Minage : Un nouveau record de difficulté
La difficulté de minage de Bitcoin a battu hier un nouveau record de difficulté, dépassant de plus de 8% celle du cycle précédent (qui était déjà un record). Rappelons que la difficulté est un paramètre qui varie de façon à maintenir un temps moyen de dix minutes entre deux blocs. Ce paramètre, mis à jour automatiquement tous les 2016 blocs (environ deux semaines), peut évoluer à la hausse ou...
Read More »Big Banks Show FOMO and Seek a Slice of the Bitcoin ETF Action
The interest in spot Bitcoin ETFs among financial institutions such as banks and brokerages is surging as they push for the Securities and Exchange Commission (SEC) to change the definition of crypto assets. Under the new definition, they would have a bigger role in crypto, such as being Bitcoin ETF custodians. Banks Petition SEC for Crypto Revisions On February 14, a coalition of trade groups, including the Bank Policy Institute, American Bankers Association, Financial...
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