Average Bitcoin and USDT deposits across crypto exchanges escalated over the year, indicating a rise in institutional demand for digital assets.
Dennis Porter, CEO and Co-Founder of the Satoshi Act Fund, has announced that ten US states are poised to introduce legislation to establish a Strategic Bitcoin Reserve (SBR) at the state level.
Ondo Finance (CRYPTO: ONDO), a tokenization-themed cryptocurrency with ties to BlackRock , has surged over 35% in the last 24 hours. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Ondo Finance (CRYPTO: ONDO) $1.71 $2.2 billion +38.9% +75.4% Maker (CRYPTO: MKR) $2,178.34 $1.9 billion +14.6% +26.7% MANTRA (CRYPTO: OM) $3.85 $3.5 billion +10% +7.
In the latest development, Cryptocurrency prices plunged and exchanges were paralyzed after South Korean President Yoon Suk Yeol unexpectedly declared martial law on Tuesday night, as reported by The Korea Herald.
In a research note released recently by Gautam Chhugani, a Senior Analyst at AB Bernstein, Ethereum's recent underperformance is presented as an opportunity rather than a setback. Chhugani's comprehensive analysis explores Ethereum's supply mechanisms, institutional adoption, and staking dynamics, presenting a case for a favorable risk-reward outlook. 1.
Bitcoin's price went through a flash crash on South Korea's Upbit, dropping by 30% in minutes.
BitconeMine, the industry leader in cryptocurrency cloud mining, has announced its latest innovation in cloud mining technology.
Bitcoin (BTC) continues to reject key resistance levels, with a cryptocurrency analyst warning that the asset will likely crash below $90,000 based on the technical setup.
On Tuesday, bitcoin's price slipped beneath the $94,000 mark, hitting a low of $93,697. This dip comes amid a wave of significant gains among a variety of altcoins over the past few days. Bitcoin Wavers: Investors Shift Billions to Altcoins as Dominance Drops Below 55% Bitcoin (BTC) has dropped 1.6% against the U.S.
Digital asset exchange Coinbase is pushing back against accusations that it isn't supporting Ethereum's (ETH) scaling roadmap. The top US crypto exchange came under fire online after it announced last week that it wouldn't support Celo's (CELO) upcoming migration from a standalone layer-1 chain to an Ethereum layer-2.
BlackRock's Bitcoin ETF surpassed 500,000 BTC in AUM, an indicator of growing institutional interest in Bitcoin ETFs. With this milestone, experts foresee continued growth and adoption of these funds as portfolio diversifiers. Will this shape Bitcoin's future? The post BlackRock's Bitcoin ETF Exceeds 500K BTC in AUM appeared first on Cryptonews.
In response to the martial law declaration, opposition Democratic Party leader Lee Jae-myung expressed concern that the military would arrest members of South Korea's parliament.
MARA Holdings, formerly Marathon Digital, has announced plans to acquire a wind farm in Hansford County, Texas, to power its sustainable Bitcoin mining data center.
Bitcoin (BTC) dominance dips to 55.81%, down from its November 2024 top of 61.53%. Declining BTC dominance has paved the way for the altcoin season with over 75% of the top 100 altcoins outperforming Bitcoin consistently.
While a bull rally correction has been anticipated, Bitcoin's drop from its all-time high of $99,600 to $92,000 managed to wipe out a good chunk of optimism from the market.
The martial law declaration in South Korea highlights the vulnerability of crypto markets to geopolitical events, causing significant price volatility. The post Bitcoin crashes to $62,000 on Upbit after South Korea enacts emergency martial law appeared first on Crypto Briefing.
The trading volume of popular cryptocurrency XRP on the leading U.S. crypto exchange over the past 24 hours has temporarily exceeded the combined turnover of Bitcoin (BTC) and Ethereum (ETH) today.
Canadian Bitcoin developer Peter Todd, who was identified as the likeliest Satoshi Nakamoto candidate in a recent HBO documentary, recently weighed in on the feasibility of Bitcoin space mining, arguing that critics of such a futurist idea are wrong.
TL;DR Vitalik Buterin proposes the integration of privacy solutions such as ZK-SNARK and the adoption of Layer 2 (L2) to improve the efficiency and security of ETH wallets. Buterin suggests incorporating private transfers and the management of a “private balance” in a privacy pool within wallets.
Ethereum co-founder Vitalik Buterin shared his expectations and standards for the future of Ether wallets.
South Koreas declaration of martial law has sent shockwaves through cryptocurrency markets, driving Bitcoin to plunge 30% against the won. As investors react to political instability, market volatility intensifies, raising fears of deeper disruptions in the days ahead.
Bitcoin exchange reserves have hit multi-year lows, reflecting growing investor confidence and a shift toward long-term holding.
Bitcoin recently experienced a dip below the $90,000 mark after briefly hitting the $100,000 threshold, sparking discussions among analysts about its short-term trajectory.
Unlike many cross-chain bridges, Portal-to-Bitcoin uses a combination of threshold signatures and atomic swaps.
Michael Saylor, MicroStrategy executive chairman, joins 'Squawk Box' to discuss the company's decision to purchase 15,400 bitcoin for about $96,000 per coin, state of the crypto industry, the appeal of bitcoin, and more.
While Beam Chain focuses on the consensus layer, complimentary upgrades to Ethereum's execution and data availability layers are also in the works.
AAVE, one of the leading decentralized finance (De Fi) tokens, has become the center of attention in the crypto world as its price continues a remarkable recovery. Trading at $249, the token has seen a surge of over 61% in November, marking a 31-month high.
With this shift, dtcpay aims to deliver a more scalable and compliant payment ecosystem while adapting to evolving consumer needs.
BTC dumped to a new 6-day low earlier today.
Is a massive Bitcoin sale on the horizon?
According to on-chain data, BlackRock's iShares Bitcoin Trust (IBIT) now holds over 500,000 BTC. This positions BlackRock as the third-largest Bitcoin holder globally, trailing only Bitcoin's pseudonymous creator, Satoshi Nakamoto, and crypto exchange giant Binance.
The crypto markets are gearing up with popular altcoins printing massive gains in the past few days. With XRP & ADA prices rising above $1 after a long time frame, the momentum appears to have shifted in favour of bulls.
BlackRock's IBIT now holds 2.38% of all Bitcoin, with its latest filing showing it has 500,380 BTC on its books.
Vitalik Buterin plans to simplify the Ethereum wallet future with cross-L2 transactions, optimized gas payments, and QR code standardization.
On Tuesday, bitcoin hovered just below the $95,000 mark, while numerous alternative cryptocurrencies enjoyed a wave of impressive gains. This trend triggered blockchaincenter.net's Altcoin Season Index (ASI) to announce that “Altcoin Season” has officially arrived. Altcoin Season Arrives At 8 a.m. Eastern Time on Tuesday, Dec. 3, blockchaincenter.
Bitcoin (BTC) price has failed to rally beyond the crucial threshold of around $98.7k in the past three weeks, signaling potential midterm correction. The $100k crusade could have to wait a while longer before the bullish momentum gains traction.
Michael Saylor pitched a bold Bitcoin strategy to Microsoft's board, claiming it could boost shareholder value by a massive $5 trillion by 2034. A day after this proposal buzz, Polymarket bettors aren't feeling confident about the idea of Microsoft buying Bitcoin.
TL;DR Bernstein highlights that the potential approval of an Ethereum ETF with staking in the U.S. could raise staking yields from 3% to 4-5%. Inflows into ETH ETFs have surpassed those of BTC since November, reflecting greater confidence in ETH's supply and demand dynamics. Ethereum leads in Total Value Locked (TVL) with $89 billion.
In a recent essay, Ethereum's renowned creator Vitalik Buterin sketched out what he calls the perfect crypto wallet — a piece of tech that seamlessly balances security, usability, and privacy, all while embracing Ethereum's decentralized ethos.
The Bitcoin market is going to continue to see a lot of noisy behavior, as we are trying to work off a lot of the froth from the shot higher that we had seen previously this autumn. Ultimately, this is a market that needs another fundamental push to finally break
Coinbase (NASDAQ:COIN) CEO Brian Armstrong on Tuesday voiced strong opposition to the U.S. government selling its Bitcoin (CRYPTO: BTC) holdings, joining a chorus of criticism sparked by government movements of large quantities of the cryptocurrency. The debate intensified after 19,800 bitcoin, valued at $1.9 billion, was transferred to a Coinbase Prime deposit address on Dec. 2.
Singaporean digital payment provider dtcpay announced that it will exclusively support stablecoins for its payment services by 2025, dropping Bitcoin and Ethereum in the process.
Bitcoin has started a fresh decline, approaching the crucial $93,257 support level that has proven to be a battleground for bulls lately. Thus, the question remains whether buyers can regain control and defend this level once more.
The integration of Chainlink's CCIP with Mantle Network could significantly enhance blockchain interoperability, fostering innovation and expanding multi-chain ecosystems. The post Ethereum layer 2 Mantle Network taps Chainlink to strengthen cross-chain capabilities appeared first on Crypto Briefing.
The Bitcoin Exchange Balance has dropped to a multi-year low of 2.4 million BTC, signaling increased accumulation and reduced selling pressure..
Bitcoin has recently reached an all-time high (ATH) of $99,595, fueling optimism that the $100,000 mark is within reach. However, volatility has kept Bitcoin from breaching this psychological barrier.
Microsoft's shareholders will soon vote on adding Bitcoin to its balance sheet. Will Michael Saylor's pitch Orange Pill the tech giant?
Dtcpay, a Singapore-licensed cryptocurrency payment platform, has announced that it will phase out support for Bitcoin (BTC) and Ethereum (ETH) by the end of 2024 and focus solely on fiat and stablecoin transactions starting in January 2025. This move reflects Dtcpay's commitment to offering a more secure, predictable, and regulatory-compliant payment solution.