Month: December 2022

How much is Bitcoin worth today?

by

Bitcoin is always open and the BTC price is constantly changing — find out how to track it and understand more about Bitcoin price action with the Cointelegraph crypto price indexes. Go to Source Powered by WPeMatico

Addresses That Sat Idle for Years Transferred 1,221 Bitcoins Worth $20M Over the Last 4 Days

by

During the last seven days, bitcoin’s price has remained above the $16K region following the aftermath of FTX’s collapse. Since then, a number of ‘sleeping bitcoins’ that sat idle for five to nine years have been moving during the last four days. Bitcoins that were worth far less back then are being transferred for the … Read more

Failed FTX Rescue Attempt Revealed, Putin Calls for Digital Currency Settlements — Week in Review

by

Shark Tank star Kevin O’Leary has revealed his and Sam Bankman-Fried’s failed attempt to raise $8 billion to rescue the now collapsed crypto exchange FTX. In other news, Russian president Vladimir Putin has called for international settlements based on digital currencies. All this and more just below in this edition of the Bitcoin.com News Week … Read more

Bitget Shares Merkle Tree Proof of Reserves to Enhance Transparency Users’ Assets Safeguarded With at Least 1:1 Reserve Ratio

by

Leading global cryptocurrency exchange, Bitget, announces today that it is launching its Proof of Reserves Page, which will demonstrate to users that we are a full-reserve exchange, as supported by its Proof of Reserves (“PoR”), using the cryptographic-audited Merkle tree method, and that users’ assets stored on the platform are safeguarded. The Proof of Reserves … Read more

Nobel Prize Laureate Paul Krugman Warns of an Eternal Winter for Blockchain

by

Nobel Prize-winning economist Paul Krugman has warned about the possibility of a perennial winter for blockchain projects, including crypto. In a recent article published in the New York Times (NYT), the economist criticizes blockchain as a tech and its uses citing several signs that he believes precede this upcoming winter. Paul Krugman Compares Crypto Winter … Read more