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This week, Cryptoquant researchers highlighted a new rivalry heating up in the wrapped bitcoin market, with Coinbase’s cbBTC stepping up to challenge Bitgo’s long-established reign. Coinbase’s Wrapped Bitcoin Token cbBTC Shakes Up Market Coinbase introduced its wrapped bitcoin token, cbBTC, in mid-September 2024, and it has swiftly expanded to a supply of 1,670 cbBTC, according … Read more
On Thursday, bitcoin (BTC) soared to a peak of $63,882, marking a 7.8% increase against the U.S. dollar over the past month. During this same period, approximately $6.36 billion worth of BTC was pulled from crypto exchanges, hitting levels not seen since early November 2018. More Than 100,000 Bitcoin Removed From Digital Currency Trading Platforms … Read more
In the last year and nine months since December 2022, more than 75 million Ordinal inscriptions have been minted on the Bitcoin blockchain, according to the latest statistics. This technology has given Bitcoin a new role in the world of digital collectibles. Today, Bitcoin stands as the third-largest blockchain by non-fungible token (NFT) sales, carving … Read more
BTC price performance finally attempts to catch up with risk assets as a Bitcoin renaissance takes over. Go to Source
Bitcoin reached an intraday peak of $63,227 on Thursday, following the U.S. Federal Reserve’s decision to lower the benchmark interest rate by 50 basis points the previous day. The entire cryptocurrency market has gained over 5%, and in the past 24 hours, global trading volume jumped by 26.92%. Crypto Market Surges 5%, Stocks Rise, Gold … Read more
The partnership will bring cryptocurrency trading and custody solutions to around 700 cooperative banks, with an initial rollout planned for late 2024. Go to Source
Bitcoin’s adoption trajectory will largely depend on future macroeconomic and geopolitical concerns, according to BlackRock. Go to Source
In a meeting planned with Argentina president Javier Milei, Charles Hoskinson wants to discuss how blockchain can rewrite global economic and political systems. Go to Source
Bitcoin price action may have to diverge from stocks if history repeats itself after a bumper Fed rate cut, analysis warns. Go to Source
Louisiana is now taking crypto payments for state services, and its Wildlife and Fisheries Department has just taken the government’s first crypto payment. Go to Source