A Single Custodian Oversees Nearly Half of Bitcoin’s Block Rewards
Onchain data indicates that a single custodian now manages the coinbase addresses for at least nine prominent mining pools, which...
Day: 12 April 2024
Leveraged Crypto Traders Hit Hard: $872M Liquidated in a Single Day Amid Bitcoin Price Drop
On April 12, bitcoin briefly reached above the $71,000 threshold, but its value plunged by more than $3,000 after a...
Stablecoin Market Expands by $4.46 Billion in 12 Days
In the last 12 days of April, the stablecoin sector expanded by $4.46 billion, reaching a current valuation of $155.86...
Report: Bitcoin Miners Strengthen Reserves Ahead of Fourth Halving
As we near the anticipated fourth Bitcoin halving event, there are only 1,133 blocks left until we reach block 840,000,...
Exploring the Legalities of Online Crypto Gambling
The legality of gambling has always been under fire from outside regulators. Centralized banking institutions can reject or block online...
Cleanspark to Upgrade Mining Fleet With 100,000 S21 Pro Bitcoin Miners From Bitmain
The publicly traded bitcoin mining company Cleanspark has exercised its option to acquire 100,000 bitcoin mining machines from Bitmain. The...
While Some Think Bitcoin’s 12th-Largest Wallet Hides a Nation State, Onchain Data Shows an Exchange
This week, the crypto community on social media has once again been buzzing about a bitcoin wallet called ‘Mr 100’...
Bitcoin Technical Analysis: BTC Traders on Edge as Mixed Signals Keep Market Guessing
As of April 12, 2024, bitcoin’s price exhibits resilience, trading at $70,748, with oscillators showing mixed signals while moving averages...
Dfinity Foundation Launches Onchain Accelerator Platform
The Swiss-based not-for-profit organization the Dfinity Foundation has launched “a decentralized, onchain global acceleration platform.” The new accelerator will initially...
A Fifth of Gen Z, Millennials Own Crypto; Over 60% Have Tried at Least One of Six Financial Hacks
Approximately a fifth of America’s Gen Z and Millennials own cryptocurrency but only 20% own real estate, the latest Policygenius...
Venezuelan Probe Unveils Crypto Money Laundering Scheme Linked to Oil Sale Embezzlement; Kraken Involved
The Venezuelan Attorney General, Tarek William Saab, unveiled the second wave of detentions linked to a crypto money laundering scheme...
Costco Gold Business Booming: Estimations Put Monthly Sales Close to $200 Million
According to Wells Fargo estimations, U.S.-based retailer Costco runs a $200 million gold business monthly. Consumer trust in the organization...
Sam Bankman-Fried Files Notice of Appeal, Challenges Conviction and Sentence
Former FTX CEO Sam Bankman-Fried formally lodged an appeal against both his conviction and sentence with the District Court for...
Rich Dad Poor Dad Author Robert Kiyosaki Believes Bitcoin Price Will Reach $2.3 Million
Rich Dad Poor Dad author Robert Kiyosaki says he believes that the price of bitcoin will reach $2.3 million, citing...
