Category: Bitcoin News
Massive Bitcoin Withdrawal: $800 Million Vanishes from Exchanges
According to Glassnode, a blockchain analytics company, the amount of Bitcoin withdrawn is approximately $800,000,000. This represents the largest withdrawal this year, and the biggest since December. According to reports, a massive...
The crypto market rally is built on hopes of Fed rate hike slowdown and looming US credit crunch, Galaxy Digital’s Mike Novogratz says
Mike Novogratz, CEO of Galaxy Digital, said that the recent cryptocurrency market rally was a reference to traders speculation on a slowdown at central banks tightening and a possible US...
Arthur Hayes Predicts Bitcoin May Reach $1 Million
Arthur Hayes , former CEO of BitMEX, has reiterated his prediction about Bitcoin reaching a price above $1 million. He cited China’s recent reduction to the reserve requirement ratios (RRRs) as an...
Drake scooped up a $512,000 profit in bitcoin after betting on the Kansas City Chiefs to win the Super Bowl
Drake won $512,000 in bitcoin after placing multiple bets on Sunday’s Super Bowl. However, it took more cryptocurrency than last year for him to get his positions. According to an...
Bitcoin Volatility Starts 2023 at a Record Low
Volatility has declined sharply since 2023. Over the past nine days, the flagship cryptocurrency has been much more stable than the index,, and the. Altcoins, on the other hand continue to be a...
Bitcoin Miner Core Scientific’s Lender Wants to Give Miner $72M to Avoid Bankruptcy
B Riley, an investment bank and one of Core Scientific’s top lenders (CORZ), has offered a $72 million financing plan to help the company avoid bankruptcy. B Riley stated in...
Mark Cuban Says FTX Implosion Isn’t Crypto Blowup – Explains Why He Invests in Crypto
Mark Cuban clarified on Twitter Saturday that the implosion FTX was not a crypto-blowup. Cuban tweeted this comment on his Shark Tank star Kevin O’Leary addressing why the collapse in crypto exchange is...
Value Held by Blockchain Oracles Slides 61% in 7 Months, Chainlink Dominates by 45%
Although blockchain oracles have experienced significant growth since their inception, they are now worth less than they were seven months ago. The blockchain oracle acts as middleware, connecting a blockchain network...
Ukrainian Supermarket Chain to Accept Cryptocurrencies Through Binance Pay
Binance, the world’s largest cryptocurrency exchange, and Varus, Ukraine’s grocery chain, have announced a partnership that will enable Ukrainian consumers to buy food online using digital coins. Customers can use...
Built With Bitcoin Foundation Constructs A School In Kenya And Showcases Bitcoin As A Force For Good
The Built With Bitcoin Foundation, a non-profit organisation, uses Bitcoin to work with local communities and partners to provide clean water, quality education and healthy food. This is done by building...