It appears many of the world’s bitcoin units have “gone to sleep” over the past six months. A statement like this is not meant to be taken literally, but it appears there are several units of the world’s number one digital currency that have gone “dormant” in the last half year. $370 Billion in Bitcoin Has Been Dormant What this means is that a good portion of the bitcoin supply hasn’t moved. It hasn’t taken part in transactions, it hasn’t changed wallets, nothing has...
Read More »Could China Once Again Be a Crypto Haven?
Bitcoin has been having a very good year in 2023. The currency is up 50 percent since the end of 2022, and it looks like it’s going to be enjoying at least another few solid months in the coming future thanks to leniency from China. China Is Stepping Back Into the Crypto Picture For the most part, China has always been a big player in the bitcoin and crypto communities. The country once accounted for close to three quarters of the world’s bitcoin and crypto mining...
Read More »Greenpeace Blasts Bitcoin With Artwork Depicting Environmental Damage – Bitcoiners Love It
Greepeace’s latest marketing stunt in its campaign against the Bitcoin mining industry appears to have backfired, with BTC boosters welcoming its artistic fruit. Meanwhile, Bitcoiners continue to blast the organization’s efforts to disparage the network as environmentally harmful, remaining committed to its proof of work consensus mechanism. The Skull of Satoshi In a tweet on Friday, Greenpeace echoed previous claims that Bitcoin is causing “dangerous amounts of real-world...
Read More »Bitcoin Rejected at $29K, Arbitrum’s ARB Dumps 20% Daily: Weekend Watch
Bitcoin jumped above $29,000 yesterday to chart a new nine-month high, but that was short-lived and the asset retraced hard in the following hours. Most altcoins are deep in the red as well, with SOL, APT, LDO, OKB, and others dropping by over 5%. Bitcoin Fails at $29K The primary cryptocurrency’s climb had culminated at jumping to $28,800 mid-week ahead of the Federal Reserve’s decision on whether to continue to increase the interest rates. As many local banks struggled due...
Read More »Nasdaq to Offer Crypto Custody Services by Mid 2023
The leading stock exchange – Nasdaq Inc. – could make another push toward the cryptocurrency sector by launching custody services by the end of the second quarter of this year. Fidelity and Bank of New York Mellon are other financial behemoths that offer such options. Ira Auerbach – Senior Vice President and Head of Nasdaq Digital Assets – said in a recent interview that the global exchange group will aim to obtain all necessary approvals and form the technical...
Read More »Cameron Winklevoss: A Big Crypto Bull Run Is Coming
Bitcoin, Ethereum, and many other leading digital currencies are coming to form after the horrors of 2022. They are experiencing solid bull runs, and Cameron Winklevoss – one half of the Winklevoss Twins – is claiming that a big bull run is heading our way, and that the U.S. needs to begin embracing crypto as a whole or risk being left behind forever. Cameron Winklevoss Thinks Big Things Will Happen for Crypto 2022 was easily the worst year on record for bitcoin and its...
Read More »Plus de 1200 banques allemandes seront bientôt en mesure de proposer à leurs clients de s’exposer au bitcoin
La Deutsche WertpapierService Bank AG (dwpbank), qui gère le traitement des titres de plus de 1200 banques allemandes [1], vient d’annoncer le lancement d’un service dédiée aux actifs numériques. La plateforme wpNex permettra aux banques de son réseau, si elles le souhaitent, de proposer à leurs clients de s’exposer au bitcoin. « Le premier composant de la plateforme wpNex est une offre de trading...
Read More »Could a Strengthening Economy Hurt Bitcoin?
Bitcoin has had a great year thus far, but there are some that say with the economy getting stronger, the present rally it’s enjoying won’t last. Bitcoin May Not See Its Present Rally Last Among the analysts who feel positive towards bitcoin is OANDA’s Craig Erlam, who stated: It has been a phenomenal start to 2023 for bitcoin. 2022 was easily the worst year on record for the world’s number one digital currency by market cap. After reaching a new all-time high of about...
Read More »More Banks in Trouble, Fed’s Latest Interest Rate Hike, and Bitcoin’s New 9-Month High: This Week’s Crypto Recap
The cryptocurrency space rejoiced recently when several large US banks halted services, and the FDIC, as well as other regulators, had to intervene to stop the contagion. However, the crisis expanded to Europe this week, with two of the most prominent names facing significant problems. Credit Suisse was acquired by the largest Swiss bank – UBS, for almost $3.3 billion, which was more than 60% less than what the former was worth days ago. This propelled another leg up in terms...
Read More »Tim Berners-Lee: BTC Is Too Speculative
No matter how well bitcoin seems to do, the fact remains that it’s never going to please everyone, and occasionally, some new celebrity comes out to bash the world’s number one digital currency by market cap and act like it’s useless or worthless. Recently, the latest celeb to pop out and criticize bitcoin was Sir Tim Berners-Lee, the inventor of the World Wide Web. Tim Berners-Lee Isn’t a Bitcoin Fan It’s interesting that of all people, Berners-Lee has issues with...
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