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Bitcoin (BTC)

OKX Releases Proof-of-Reserves Report With $7.5B “Clean Assets”

After the excessive turmoil in the crypto market triggered by the FTX liquidity and bankruptcy scandal, several crypto service providers began publishing their reserve funds. Popular crypto exchange OKX released its third Proof-of-Reserves (PoR), in which it revealed holding “clean assets” worth $7.5 billion in BTC, ETH, and USDT. In a statement, OKX’s Chief Marketing Officer Haider Rafique said, “Security, transparency, and trust are core tenets of the OKX business process...

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Dieses Bitcoin-Haus kostet 949’000 US-Dollar

Bitcoin-Haus in Hollywood In Hollywood steht ein Krypto-Haus zum Verkauf. Wer knapp eine Million US-Dollar in die Hand nimmt, kann sich diese ganz im NFT-Look daherkommende Villa in Hollywood kaufen. Vier Schlafzimmer, drei Badezimmer, zwei Parkplätze und einen Swimming Pool inbegriffen. Bitcoin-Haus Gallerie: Wem der Kaufpreis zu teuer wird oder eines der Betten probeschlafen möchte, kann das Juwel auch via AirBnB mieten. Immerhin kann sich...

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EOS Price Analysis: Risk of More Losses Below $0.95

EOS price started a fresh decline from the $1.08 resistance zone against the US Dollar. The price is now trading below $1.0 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $1.04 the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to decline if it stays below the $0.98 and $1.00 resistance levels. EOS price is struggling below $1.00 against the US Dollar, similar to...

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Litecoin (LTC) Price Analysis: Bulls Could Be Active Near $80

Litecoin started a strong increase above $80 against the US Dollar. LTC price is now trading below $80 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $86.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair remains supported for more gains unless there is a clear move below $80. Litecoin price is correcting gains from $92 against the US Dollar, similar to bitcoin. LTC price could...

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Lack of Regulations Will Trigger More Crypto Meltdowns, Predicts Kevin O’Leary

Kevin O’Leary – a popular Canadian investor and host of the TV show Shark Tank – believes the unregulated cryptocurrency environment will cause the collapse of other companies. However, he remains a proponent of the industry, admitting that he invested 5% of his wealth in bitcoin. Future Trouble Seems Inevitable In a recent interview for Kitco News, O’Leary forecasted that the FTX demise will certainly not be the last such event in the cryptocurrency space. He claimed some of...

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Bitcoin One of the Best Performing Assets in 2023: Bloomberg Intelligence

Bitcoin’s rise within the past two weeks has made it one of the best-performing assets of the year, according to Bloomberg Intelligence.  The firm’s senior macro strategist, Mike McGlone, compares the rally to a similar recovery in early 2019 – but in a macro environment of contracting liquidity.  Is Bitcoin Back? In a post to LinkedIn on Wednesday, the analyst said that Bitcoin’s rally from the start of the year until January 17 may either signal either a bottom or a...

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Bitcoin Optech – Bulletin #233

Bulletin d’information hebdomadaire Bitcoin Optech du 11 janvier 2023 traduit par @copinmalin. Le bulletin d’information de cette semaine décrit une idée pour permettre aux nœuds LN hors ligne de recevoir des fonds sur la chaîne qu’ils pourront ensuite utiliser hors chaîne sans délai supplémentaire. Vous trouverez également nos sections habituelles avec des résumés des nouvelles versions de...

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Paul Krugman Isn’t a Fan of Either BTC or Elon Musk

Paul Krugman – a Nobel Prize-winning economist – recently published a piece saying that Tesla stock is a lot like bitcoin. He also commented that the CEO of Tesla – Elon Musk, who is a big crypto fan and has since gone on to purchase Twitter – couldn’t be trusted to “feed his cat.” Paul Krugman Isn’t Crazy About Either Musk or BTC The bitcoin-Tesla comparisons came given that both assets have plunged heavily following solid jumps in late 2021. Bitcoin, during that time,...

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Bitcoin Sees Historic Drop on Exchanges, Here’s What it Means

The fall of Sam Bankman-Fried’s $32 billion crypto empire highlighted the importance of self-custody for users. In fact, investors have already hopped on the trend of holding their assets themselves rather than entrusting their hard-earned money to a third-party platform. According to the latest data compiled by crypto analytic company, Santiment, Bitcoin’s supply on centralized crypto exchanges has dropped from 11.85% to 6.65% over the past year. 📉 The overall supply of...

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