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Bitcoin (BTC)

“Bitcoin Jesus” Roger Ver Says He’s “Happy” to Pay What He Owes Genesis

Roger Ver – often dubbed “Bitcoin Jesus” and the founder and former CEO of Bitcoin.com – says he’s willing to pay up when it comes to the $20 million lawsuit posed against him by Genesis, the now bankrupt crypto lending division of the Digital Currency Group (DCG). Roger Ver Discusses the Genesis Lawsuit On Reddit, Ver posted the following: I have sufficient funds on hand to pay Genesis the sums allegedly owed, and I’m happy to pay what I owe. However, Genesis was...

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Bitcoin Posts Its Best January Results in 10 Years

A new report suggests that bitcoin had its best January since 2013 (ten years). The currency rose by nearly 40 percent and incurred a $7,000 hike to its price. Bitcoin Posts Its Best January Results Since 2013 Bitcoin has its worst year (arguably) in 2022. After hitting a new all-time high of $68,000 per unit in November of 2021, the world’s number one digital asset by market cap began trekking a bearish path that ultimately saw it lose more than 70 percent of its value...

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Space Kek #19 : Analyse de chaîne, anonsets et entropie

« Mercredi soir à 21h30, rendez-vous pour le 19ème épisode du Space Kek ! Après deux épisodes sur le Lightning Network, nous retournons sur le L1 et discuterons confidentialité et analyse on-chain. Dans un premier temps, nous détaillerons les différentes métriques d’analyse existantes, ainsi que les indicateurs permettant de quantifier le niveau de confidentialité. Puis nous verrons ensemble comment...

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Cardano (ADA) Price Analysis: Dips Remain Attractive To The Bulls

ADA price is correcting gains from the $0.422 zone against the US Dollar. The price is now trading above $0.395 and the 55 simple moving average (4-hours). There is a major contracting triangle forming with support near $0.395 on the 4-hours chart (data feed via Bitfinex). The price could gain resume its increase if it stays above the $0.395 and $0.384 support levels. Cardano price is correcting lower below $0.412 against the US Dollar, similar to bitcoin. ADA price...

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WWW Creator Thinks Crypto Resembels Gambling

Tim Berners-Lee – the inventor of the World Wide Web (WWW) – believes cryptocurrencies are “dangerous” and investing in them is similar to gambling.  However, he argued they could be useful for conducting transactions if converted into fiat when received. Not a Crypto Fan In a recent appearance on CNBC, the British computer scientist best known for creating the World Wide Web – Tim Berners-Lee – warned investors to stay away from cryptocurrencies as they are “speculative” and...

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Weekly Crypto Investment Product Outflows Hit $32M: CoinShares

According to the latest edition of CoinShares’ weekly report, outflows in digital asset investment products reached $32 million last week, a level not seen since late December 2022. The sentiment could be attributed to exchange-traded product (ETP) investors being less optimistic about recent regulatory pressures in the US relative to the wider market. Bitcoin Bears the Brunt Outflow figures surged to $62 million the mid-way through last week, even as the sentiment improved...

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Bitcoin ‘Kimchi Premium’ in South Korea Goes to Discount

South Korea’s “Kimchi Premium” – a metric showing crypto’s price difference in global exchanges and such located in the Asian nation – went into a discount territory for the first time since January 18. This indicates that buying digital assets, such as bitcoin, is cheaper on Korean platforms than on Binance or other leading players, usually meaning that local users’ interest has declined. Flipping to Discount The “Kimchi Premium” – a phenomenon bearing the name of a...

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New York Considers Crypto as a Method of Payment

The state of New York is moving towards accepting a new bill that if passed, would allow crypto to be used as a form of payment. Is New York Suddenly a Crypto Fan? This is huge for the Empire State in that it would not only put New York on the crypto map, but it would also ensure crypto – at least within the state’s borders – is utilized for the purpose it was created for. The bill states: This act amends the state finance law in relation to allowing New York state...

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