The trouble surrounding Silvergate is getting even bigger. So big, in fact, that the prices of many leading digital currencies – including bitcoin and Ethereum – took serious dips during the early weeks of March. Silvergate Crash Causes Crypto Assets to Sink Bitcoin, for example, fell from about $22,300 to just over $20,000 after news emerged that Silvergate was planning to shut down completely. The company said it will wind down all operations and liquidate the assets...
Read More »Magic Eden Unveils New Bitcoin NFT Ordinals Launchpad for Creators
The launchpad will allow Magic Eden to seamlessly onboard creators to the ecosystem and thus easily facilitate the creation of tokens on the Bitcoin network. On Thursday, April 6, NFT marketplace Magic Eden said that it would be rolling out the creators’ launchpad for Ordinals. Thus, it will help creators to successfully inscribe their Bitcoin-based NFT collections. Similar to NFTs on Ethereum and other blockchain networks, the Ordinals protocol allows inscribing of digital assets on...
Read More »Is the Bitcoin Bear Market Really Over? Anthony Scaramucci Thinks So
Anthony Scaramucci – the founder of SkyBridge Capital and former White House official – believes “we’re through” the crypto bear market. He also praised bitcoin’s performance over the years, saying it’s the best long-term investment tool. Time for a Market Surge? In a recent interview for Yahoo Finance, Scaramucci said the prolonged cryptocurrency winter, which saw numerous scandals, collapses, and market decline, could be already behind us. He went further advising...
Read More »Ripple (XRP) Tops $0.5 While Bitcoin Continues Struggling at $28K (Market Watch)
The past 24 hours saw a few altcoins increase by double digits while Bitcoin remains relatively stagnant around the coveted $28,000 level. That said, BTC’s dominance has increased slightly through the day, suggesting that the altcoin market is underperforming. Ripple’s XRP, on the other hand, is charting mild gains and is currently trading above an important level. Bitcoin Stagnates at $28K It appears that the $28,000 level is presenting considerable challenges for Bitcoin,...
Read More »Bitcoin Cash Analysis: Key Breakout Resistance Sits At $130
Bitcoin cash started a decent increase above the $122 and $124 levels against the US Dollar. The price is now trading above the $125 zone and the 55 simple moving average (4 hours). There is a key rising channel forming with support near $124.50 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $128.20 and $130 to continue higher in the near term. Bitcoin cash price is consolidating above $124 against the US Dollar, similar to...
Read More »Litecoin (LTC) Price Analysis: Bulls Continue to Struggle Near $100
Litecoin started a steady increase above $88 against the US Dollar. LTC price is now trading below $92 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $90.45 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $92 and $95 resistance levels. Litecoin price is showing positive signs above $88 against the US Dollar, similar to Bitcoin. LTC price...
Read More »Bitcoin’s White Paper Has Been in Every MacOS Version Since 2018
A copy of the original Bitcoin white paper written by Satoshi Nakamoto has been found in every modern version of Apple’s Mac computers. Several Apple users have disclosed that they stumbled on the file while using their devices for unrelated operations. They found the file in different Mac versions, from Mojave (10.14.0), launched in 2018, to the current version and the recently released Ventura (13.3). Bitcoin White Paper Hidden in MacOS Since 2018 In a recent blog post,...
Read More »Block to Unveil New Do-It-Yourself BTC Mining Kits
Block – the company formerly known as Square and run by Jack Dorsey of (past) Twitter fame – is looking into building what it’s calling a “mining development kit (MDK). Block Wants to Boost Bitcoin Mining Opportunities The goal is to establish a do-it-yourself bitcoin and crypto mining kit that retailers and individuals can use to extract their own units from the blockchain. Dorsey and his crypto-fanatical cronies are hoping this will help to educate more people about...
Read More »Space Kek #23 : Bitcoin Stamps + Utreexo
« Space Kek exceptionnel, à ne pas rater ! Ce soir à 21 h 30. Nous allons notamment parler du protocole Bitcoin Stamps (NFT permanents sur Bitcoin), et des solutions existantes pour éviter une explosion de l’UTXO set des nœuds (Utreexo). Venez participer et poser des questions ! » – Loïc Morel Quand ? – Jeudi 6 avril 2023 à 21h30 Où ? – Sur Twitter...
Read More »The Trouble with Crypto Bank Silvergate Is Growing
The trouble surrounding Silvergate Bank appears to be getting worse, and the company has attracted a lot of negative attention in recent weeks after it stated it has concerns about how well it can do in the future. Silvergate Is in Hot Water Silvergate is a crypto lender that lost billions of dollars in 2022 due to the ongoing volatility and market speculation. That year was easily the worst on record for crypto given how poorly assets did. Bitcoin, for example, lost...
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