BitMEX co-founder, Arthur Hayes, has recently shared his predictions regarding a potential price correction for Bitcoin following the introduction of the Spot Bitcoin ETF. Hayes, the former CEO of BitMEX, has provided valuable insights into the possible price impact on Bitcoin after the approval of Spot Bitcoin ETFs by the United States Securities and Exchange […]
As institutional capital is expected to flow into the Bitcoin ecosystem through exchange-traded funds (ETFs), companies and executives are reshaping their business strategies for 2024. Bitcoin mining company CleanSpark has revealed plans for an in-house trading desk, which will manage and trade its large Bitcoin holdings internally, rather than relying on external brokers or financial […]
Renowned Bitcoin advocate Cathie Wood’s investment firm is reportedly selling off its Coinbase holdings, with $30 million worth of COIN shares disposed of in recent days. This move has led to speculation that Wood is anticipating a “sell the news” event following the approval of a Bitcoin spot ETF, which she has been vocal in […]
Whale Alert, the on-chain data tracker, has reported multiple transfers of Dogecoins between unknown whales and crypto exchanges Binance and Robinhood. These large transfers, amounting to 1.88 billion DOGE tokens throughout the week, have caught the attention of investors. The reason behind these transfers could be the upcoming DOGE-1 space mission, which aims to take […]
MultiBit, a bridge between EVM and bitcoin, has incorporated Alchemy Pay’s On-Ramp solution on its platform. This integration is designed to enhance user convenience by allowing them to use their preferred fiat payment methods to acquire $MUBI tokens on MultiBit’s platform. Additionally, the $MUBI token is now integrated into Alchemy Pay’s fiat On-Ramp.As a cross-bridge […]
North Korean hackers have been responsible for a significant portion of all cryptocurrency stolen through hacks in recent years. In 2023 alone, they stole $600 million in crypto, accounting for 33% of all crypto thefts. Since 2017, groups tied to the Democratic People’s Republic of Korea (DPRK) have stolen nearly $3 billion worth of crypto, […]
The Bitcoin community is currently embroiled in a heated debate over the place of Ordinals, essentially Non-Fungible Tokens (NFTs), on the Bitcoin blockchain. This debate has reached a fever pitch, with Bitcoin core developers proposing an update that would halt the minting of future Ordinals. However, proponents of Bitcoin Ordinals are protesting this change.Ordinals are […]
Following the announcement of an automated Shib burn mechanism, speculations have been flying concerning the total number of SHIB tokens slated to be burnt every month in 2024. A Shiba Inu community member, ‘Queenie’ on X (formerly Twitter) created a hypothetical estimation of the total amount of Shiba Inu tokens that could be burned through […]
Bitcoin (BTC) and Ethereum (ETH) transaction fees have seen a significant increase since 2023, leading to a shift in user preference towards more efficient cryptocurrencies for payments, such as Litecoin (LTC). This trend is evident in the data provided by BitPay, one of the largest cryptocurrency payment services.In December, Litecoin was favored by 38.25% of […]
The waiting period for Ethereum [ETH] validators to withdraw their staked ETH has seen a significant increase, reaching unprecedented levels since the Shapella Upgrade last year. Currently, a validator would have to wait nearly five days to exit the network and become eligible for withdrawals, according to an analysis of the validatorqueue.com dashboard.This surge in […]
