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Einbruch führt zu ungefähr 20 Prozent Kursverlust im Markt

Der gesamte Markt gab über Nacht deutlich nach. An der Spitze war es wieder einmal der BTC, der die Richtung vorgab – Bitcoin verlor mehr als 18 Prozent und sank dadurch erneut unter die Marke von 50.000 US-Dollar. Crypto News: Einbruch führt zu ungefähr 20 Prozent Kursverlust im MarktGrößere Entwicklungen gab es weder im Cryptomarkt noch im traditionellen Markt. Daher ist anzunehmen, dass vor allem die Whales Auslöser des Kurseinbruchs waren. Die Daytrader warteten nicht lange, um ihre...

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2nd anniversary – and second to none!

The SEBAX Index has develop into a benchmark crypto index for investors looking for the security processes of a Swiss Bank, excellent performance record and the liquidity of an exchange-traded ETP. The success story of the SEBAX Index, a revolutionary index consisting of five to eight Crypto Currencies, started in 2019. Back then, all leading crypto indices were simply designed around market capitalization. The SEBAX Index instead, was structured to include alternative coins based on SEBA...

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Sygnum digital asset bank: Investors support Bitcoin despite energy inefficiency

Sygnum granted capital markets services (CMS) licence for asset management in Singapore Digital asset bank, Sygnum, has published a 15-page research report entitled „Does crypto have an energy problem?“ that analyses Bitcoin’s energy usage, the emergence of a green blockchain standard and potential implications for the industry’s future. Key takeaways include: Bitcoin „Miners“ compete to validate transactions and earn block rewards of newly minted...

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Whale Buys 28 Billion SHIB for $1.2 Million as Price Stalls

Yesterday, pseudonymous ETH whale “Gimli” bought 28 billion SHIB for $1.2 million. Gimli has a months-long history of stacking the infamous memecoin, which is now the 13th largest crypto by market cap. Stacking SHIB WhaleStats – a Twitter account analyzing the movements of the richest 1000 ETH wallets – called attention to the transaction yesterday. Apparently, Binance sent exactly 28,236,296,316 SHIB to Gimli for $1,204,823. With the latest purchase, Gimli now holds a...

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$100M Liquidated in 10 Minutes As Bitcoin Dipped to $51K

Bitcoin’s slump continues after experiencing a sharp price decline over the last few hours. The dip caused over $200 million worth of long positions to get liquidated. Earlier today, Bitcoin briefly reached $57.5k at 8:44am EST, after stagnantly trading within the $56-57k range. The price suddenly fell afterward, dropping hundreds of dollars by the hour. According to BitStamp, Bitcoin fell to $51.5k. Binance Futures even saw the price drop below $51k. Since then, the price...

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Fast Private Jet Allows Crypto Payments for Air Travel

One of the biggest problems that bitcoin and other cryptocurrencies have faced is that they were initially designed to serve as payment tools, though very few companies have shown a willingness to accept them alongside credit and debit cards or cash. However, thanks to firms like Fast Private Jet, this is changing quickly. Fast Private Jet Allows Digital Currency Payments for Plane Rides Fast Private Jet is a charter flight company based in Italy. It began accepting...

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Bitcoin Miner TeraWulf Eyes NASDAQ Listing Following a $200 Million Fund Raise

TeraWulf – an American bitcoin mining company – raised around $200 million in debt and equity financing from a group of individual and institutional investors. As a result, the firm expects to achieve a mining capacity of 6 exahash per second or 200 megawatts by the second part of 2022. Furthermore, TeraWulf eyes public listing on Nasdaq through a business merger with the tech company IKONICS Corporation. TeraWulf Aims High As part of the $200 million financing, TeraWulf...

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Cryptocurrency Allegedly Based On JRR Tolkien Is Swiftly Shut Down

The journey of a new digital token potentially based on the works of British author J.R.R. Tolkien – known predominantly for “The Hobbit” and “The Lord of the Rings” novels – has come to a sudden halt thanks to the author’s estate. Tolkien Crypto Comes to a Short Stop The cryptocurrency was launched last August accompanied by the tagline “The One Token That Rules Them All.” Promoting the asset was a new video hosted by Billy Boyd, famous for playing the role of Pippin in...

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BlockchainCom Taps NFT Realm With Beta Version of its New Marketplace

Blockchain.com outlined plans to launch a marketplace exclusively focussed on NFTs to cater to the rising demand and fortunes that have attracted the attention of well-known individuals from different fields. With this move, the Luxembourg-based company is the latest one to dip its toes into the NFT market. It joins the list of crypto giants such as Binance, Coinbase, and FTX.US, which have announced the launch of new NFT-focussed wings. Blockchain.com’s NFT Marketplace is...

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Eric Adams Visits BTC Mogul Brock Pierce

Eric Adams – the mayor-elect of New York City – is taking some flak after allegedly flying on the private jet of bitcoin billionaire Brock Pierce, a former child star who appeared in projects like “First Kid” and “The Mighty Ducks.” Does Adams Have Something to Hide? While this wouldn’t seem so bad at first glance, it is alleged that Adams is not being entirely honest about the circumstances or expenses surrounding the trip. For example, Adams claims that he flew to...

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