News - Page 16

A cryptocurrency investor recently achieved a remarkable feat by earning approximately $13.5 million in profits within just four days through strategic Bitcoin transactions. This impressive accomplishment has caught the attention of industry experts and analysts.

As the countdown to Bitcoin's next halving ticks below 10,000 blocks, crypto investors and traders are getting ready for a volatility surge. The halving, a scheduled event that slashes the reward for mining new blocks in half, is a fundamental economic mechanism designed to introduce scarcity into Bitcoin's tokenomics. Historically, these periods have catalyzed significant bullish runs, and this time around, the question on every investor’s mind is whether BTC will break the elusive $50,000 mark.

Digital asset strategist Gabor Gurbacs recently shared his thoughts on the enigmatic Bitcoin creator, Satoshi Nakamoto. In a tweet, Gurbacs highlighted what he believes to be one of the most significant contributions made by Nakamoto to the Bitcoin community.

Edward Snowden and Robert Kiyosaki, two prominent figures, have recently expressed their fascination with the surge in Bitcoin's price. While the Super Bowl captured the attention of the nation, Snowden and Kiyosaki were focused on the Bitcoin chart.

Cryptocurrency trader Bob Loukas recently highlighted the absence of Bitcoin advertisements during Super Bowl LVIII, suggesting that Bitcoin and crypto adoption are still in the early stages. However, Twitter founder Jack Dorsey came to the rescue by wearing a "Satoshi" T-shirt, effectively acting as a walking billboard for Bitcoin.

The Ethereum ecosystem is facing a reality check as the innovative ERC-404 sector on Ethereum experiences a substantial drop. In the past 24 hours, the market capitalization of ERC-404 tokens has plummeted by 29%, with tokens like PANDORA sliding over 15%, DEFROGS tumbling over 22% and RUG collapsing by a staggering 38%.

Dogecoin, a cryptocurrency often influenced by Elon Musk's social media presence, has experienced a notable 4.5% drop in value. This decline follows the news that Musk, the leader of the X platform, is required to testify once more in a regulatory investigation into his acquisition of Twitter. The potential legal implications of Musk's testimony have raised concerns among investors, as Dogecoin could face stringent regulations if classified as a security.

According to the most recent CoinShares report, digital asset investment products received $1.1 billion in inflows in the past week. This brings the year-to-date inflows to $2.7 billion, with assets under management (AuM) reaching its highest level since early 2022 at $59 billion.

Recent data from CoinGlass shows a significant increase in XRP derivatives trading, with a 68.2% surge observed over the past 24 hours, totaling $867.89 million. CoinMarketCap's data also reveals a 24-hour spot market volume for XRP reaching $837.35 million, pushing the combined trading volume for XRP beyond the billion-dollar mark.

In a significant development, Shiba Inu's blockchain platform, Shibarium, has witnessed a remarkable surge in activity. Over the past 24 hours, the number of active accounts engaged in transactions on Shibarium soared to 732, marking a staggering 50% increase compared to the previous day.

Bitcoin has revolutionized the online gambling world, offering a new way to play classic games like blackjack. This digital currency, known for its security and anonymity, has become a popular choice in crypto online casinos. Players now have the option to bet with Bitcoin, adding an innovative twist to the traditional blackjack experience. With its growing popularity, you might wonder: Is it worth playing blackjack with Bitcoin? This blog post explores the unique benefits and considerations of using this cryptocurrency at the blackjack table. Let’s uncover what makes Bitcoin blackjack a game-changer in online casinos.

On Tuesday, Zhao pleaded guilty for breaking anti-money laundering laws in the U.S. and stepped down as Binance's CEO. The exchange, meanwhile, pleading guilty to multiple criminal and civil charges, while agreeing to pay $4.3 billion in penalties, among the largest corporate fines in the history of the U.S. Department of Justice.

A top analyst has identified several cryptocurrencies that show potential for an uptrend. The analyst, known as The Flow Horse, has a significant following on the social media platform X. In this article, we will explore the analyst's insights on three cryptocurrencies: Sui (SUI), Solana (SOL), and Chainflip (FLIP).

An unknown crypto trader has been making waves in the market by trading Wrapped Bitcoin (WBTC) and earning substantial profits. This trader, referred to as a 'smart whale', has caught the attention of blockchain tracking service Lookonchain.

The Sei Network (SEI) has recently gained significant attention in the blockchain industry as a potential competitor to Solana (SOL). This surge in interest comes after the announcement that stablecoin issuer Circle (USDC) is investing in the SEI project. In this article, we will explore the key features of SEI and how it aims to revolutionize the exchange of digital assets.

One of the largest banks in the US, US Bank, is facing accusations of shutting down a customer's account based on false information. The incident came to light when a California crane operator, known as Crane Daddy on TikTok, posted a video explaining his ordeal.