Cryptocurrencies tumbled Friday as risk-off sentiment in traditional markets amid flared-up geopolitical risks spread over to digital assets. In fast downward afternoon action during U.S. trading, bitcoin (BTC) plunged below $66,000 after having challenged the $71,000 level just hours earlier. At press time, bitcoin had bounced back to $66,700, down more than 5% over the […]
Coinbase has filed for a so-called interlocutory appeal in federal court to challenge just a single legal point at the heart of its dispute with the U.S. Securities and Exchange Commission. The requested appeal Read More
A new Deutsche Bank survey found that over half of respondents expect cryptocurrencies to become an important asset class and a method of payment. In addition, 10% of respondents expect the price of bitcoin to be Read More
Blackrock, the world’s largest asset manager, shattered its record for assets under management (AUM), reaching a staggering $10.5 trillion. This financial behemoth also continues to dominate the U.S. spot bitcoin ETF market with its Read More
Onchain data indicates that a single custodian now manages the coinbase addresses for at least nine prominent mining pools, which collectively account for 47% of Bitcoin’s total hashrate. The analysis shows that substantial miners’ rewards Read More
Mysten Labs, the company behind the development of Sui, a proof-of-stake blockchain project, has announced it is working on developing Suiplay0x1, a Web3-enabled gaming handheld. The organization did not reveal hardware specs but Read More
On April 12, bitcoin briefly reached above the $71,000 threshold, but its value plunged by more than $3,000 after a substantial sell-off at 2:00 p.m. Eastern Time. The price of bitcoin in USD tumbled to an intraday low Read More
In the last 12 days of April, the stablecoin sector expanded by $4.46 billion, reaching a current valuation of $155.86 billion. Additionally, the top five dollar-pegged cryptocurrencies experienced an increase in their supplies over the last 30 days. Top Read More
PRESS RELEASE. Dubai, April 12, 2024: The Global Blockchain Show is pleased to announce Global Market of Artification (GMA) as its diamond sponsor at the upcoming two-day conference, set to take place at the Grand Hyatt, Dubai. Read More
As we near the anticipated fourth Bitcoin halving event, there are only 1,133 blocks left until we reach block 840,000, with the milestone expected to occur in about a week. Recent data from theminermag.com’s Miner Read More
