The number 1 cryptocurrency in the world has amassed over 82% gains since the beginning of the year. MicroStrategy (NASDAQ: MSTR) is a major beneficiary in the latest Bitcoin rally that pushed the crypto asset’s price to a new level. While the crypto market was in the red, many crypto-related stocks. MicroStrategy, which Bitcoin holding is worth 140,000, had a tough time before the recent rally. The company bought its first Bitcoin in August 2020, adopting the top cryptocurrency as a...
Read More »Former Senator Pat Toomey on the Future of Crypto
Former Senator Pat Toomey of Pennsylvania – who ended his congressional career in early January of this year when he chose not to run for another term – recently offered his thoughts on the crypto space and the fall of FTX. Pat Toomey on FTX and Crypto In the interview, Toomey said that if Congress had taken the time to implement appropriate crypto legislation and monitor the space, FTX likely never would have existed on the scale that it did. He said: It’s not clear...
Read More »Sortie de RGB 0.10
La LNP/BP Standards Association a annoncé hier la sortie de RGB 0.10 ainsi qu’une bibliothèque pour les portefeuilles et les exchanges et une interface en ligne de commande. RGB 0.10 contient les fonctionnalités nécessaires à la mise en œuvre de smart contracts fonctionnels et personnalisables. « Certains d’entre vous se souviennent peut-être de l’annonce de l’idée du protocole RGB en 2018. Il s’agissait d’utiliser l’idée de “colored...
Read More »Bitcoin Stamps, UTXO set et fonctionnement d’Utreexo
« S’il y a bien un évènement qui a marqué le début de cette année sur Bitcoin, c’est l’arrivée fracassante des NFT au travers du protocole Ordinals. Depuis quelques jours, un nouveau protocole permettant d’ancrer de la donnée sur Bitcoin, appelé « Bitcoin Stamps », commence à gagner en popularité. Son élément de différenciation par rapport au protocole Ordinals est de proposer un ancrage immuable et...
Read More »Cardano (ADA) Price Analysis: Rally Could Gain Pace Above $0.42
ADA price is showing positive signs above the $0.3800 zone against the US Dollar. The price is now trading above $0.380 and the 55 simple moving average (4 hours). There was a break above a major contracting triangle with resistance near $0.3910 on the 4-hours chart (data feed via Coinbase). The price could gain bullish momentum if it clears the $0.410 and $0.420 resistance levels. Cardano price is rising above $0.3850 against the US Dollar, similar to Bitcoin. ADA price...
Read More »Crypto Exchange GDAC Halts Deposits and Withdawals Following $13 Million Hack
Hackers drained almost $13 million worth of digital assets from the South Korean cryptocurrency platform GDAC. This is the latest in a string of setbacks the industry went through. The Latest Victim The exchange’s team notified its users on April 9 that hackers exploited the Gdac Hot Wallet and transferred a significant amount of cryptocurrencies to an unidentified wallet. They stole over 60 BTC, 350.5 ETH, 10,000,000 WEMIX, and 220,000 USDT (which accounted for around 23%...
Read More »Bitcoin HODLers Increase at a Record Pace: Santiment
Crypto market intelligence platform Santiment suggested that the number of bitcoin investors turning into long-term holders have been spiking recently. In addition, Glassnode determined that more than 50% of all BTC in circulation has not moved in the past two years. Almost 45 Million HODLers As analyzed by Santiment, the total amount of individuals and entities holding bitcoin for the long run has soared to almost 45 million, and the numbers have been rising at the fastest...
Read More »Opinion: The Silvergate Collapse Shouldn’t Predict Crypto’s Future
Earlier today, we reported that Silvergate Bank – a tech-friendly financial institution stationed in Silicon Valley – had collapsed. The company is liquidating all its assets after being shuttered by the federal government due to a high number of monetary failures, and bitcoin suffered because of this. Silvergate Has Closed, but There’s Still Hope for Bitcoin Many are saying this is the start of the 2008 Great Recession all over again. Many think this is a continuation...
Read More »Will The Bitcoin Price Rally Continue in Q2? 7 Key Considerations (Opinion)
It’s April, and the Bitcoin price has been hovering around the $28,000 level since Mar 23. That’s a roaring price rally after starting March at the $23,500 handle. Bitcoin started off the new year trading at a measly $17,000. The question for crypto investors and traders now is whether BTC is looking expensive at that price or poised for another leg upward over the next quarter or the remainder of the year. Two Quick Near-Term Price Factors One bullish hint is that the king...
Read More »Missouri Enforces Bill to Protect Crypto Miners’ Rights
The state of Missouri is in line to become one of the most crypto-friendly in the Union given it’s just passed a string of regulatory acts designed to protect the rights of bitcoin and crypto miners. Missouri Seeks to Keep Crypto Miners Protected Missouri legislators recently voted to amend what’s known as House Bill 764. Introduced last January, the bill defines the language and descriptions surrounding cryptocurrency miners. It also says that no crypto miner can be...
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