Key Takeaways The balance of Bitcoins on exchanges is in constant decline, now at the lowest point since December 2017 Meanwhile, long-term investors continue to hold, soaking up the supply Coins that have not been […]
First, why did the inflation hedge thesis lose credibility? Well, people saw inflation rising rapidly in late 2021 and early 2022, just as bitcoin’s price quickly fell. Ergo, bitcoin wasn’t an inflation hedge. Many critics […]
Cryptocurrency exchange Bittrex is shutting down its U.S. operations due to “continued regulatory uncertainty” as U.S. regulators increase their enforcement efforts against cryptocurrency trading platforms. Regulatory requirements currently “are often unclear and enforced without appropriate […]
Arbitrum’s decentralized governance plan is off to a rocky start after the Foundation started selling ARB tokens for stablecoins ahead of the community ratification. The Arbitrum Foundation had sold 50 million tokens from the 750 […]
Bitcoin price had a strong performance this week as investors ignored one of the biggest cryptocurrencies news of the year. During the week, the Commodity Futures Trading Commission (CFTC) announced a lawsuit against Binance, the biggest crypto exchange in […]
According to statistics, 4,498 blocks have been mined in the last 30 days, creating 28,112 new bitcoins over the past month. Bitcoin’s network hashrate has been around 341 exahash per second (EH/s) during the last […]
Ripple CEO Brad Garlinghouse has slammed Securities and Exchange Commission (SEC) Chairman Gary Gensler for claiming that he has the authority to determine which crypto tokens are securities, rather than relying on the legislation that […]
The cryptocurrency market is known for its volatile nature and potential for massive returns. However, it’s also notorious for the risks of investing in newly released projects. As such, identifying a promising project during its […]
The US government sold 9,861 bitcoin on 14 March, netting over $215 million. 41,490 BTC remain from over 51,000 seized in November and will be sold in four batches this year. Court documents show that […]
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