US crypto exchanges lead Bitcoin exodus: Over $1.5B in BTC withdrawn in one week
Cold feet are in charge as exchange users continue to move Bitcoin from exchanges to non-custodial wallets. Go to Source Powered by WPeMatico
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6,522 ‘Sleeping Bitcoins’ Worth $107 Million Wake Up After 5 Years of Inactivity
On Nov. 16, 2022, at Bitcoin block height 763,474, someone transferred 6,522 bitcoin worth roughly $107 million after the coins sat idle for more than five years. While bitcoin’s value is 75% lower than it was a year ago, so-called sleeping bitcoins have been waking up amid the recent crypto market capitulation. While Bitcoin’s Price … Read more
DeFi platforms see profits amid FTX collapse and CEX exodus
On-chain data flashed positive for DEXs and an increase in protocol revenue, even as markets corrected due to FTX’s insolvency. Go to Source Powered by WPeMatico
Blockstream CEO Adam Back talks Bitcoin over a game of Jenga
Back was one of the few people cited in the original Bitcoin whitepaper. Go to Source Powered by WPeMatico
Price analysis 11/16: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, UNI, LTC
The recovery in BTC and altcoins fizzled out fast, suggesting that investors continue to maintain a risk-off stance to all cryptocurrencies. Go to Source Powered by WPeMatico
Bitcoin price dips to $16.4K over Genesis woes as execs defend GBTC
The latest casualty of the FTX meltdown raises concerns over institutional investment fund, the Grayscale Bitcoin Trust (GBTC). Go to Source Powered by WPeMatico
Bitcoin, Ethereum Technical Analysis: ETH Lower, as Markets React to Missile Exploding in Poland
Ethereum moved into the red on Nov. 16, as markets became nervous, following a missile accidentally exploding in Poland. Fears grew of potential escalation in the war between Russia and Ukraine, as the missile hit Poland, which is a NATO-backed country. Poland and NATO have both downplayed the strike, and have so far not accused … Read more
FTX Bitcoin stash worth same as Mt. Gox 840K BTC before hack
The infamous Mt. Gox Bitcoin hack cost the same in U.S. dollar terms as FTX emptying its 20,000 BTC balance. Go to Source Powered by WPeMatico
Bitcoin miners send less BTC to exchanges since 2020 halving despite FTX
FTX volatility only resulted in a brief uptick in miner sales on exchanges, with the trend already returning to normal. Go to Source Powered by WPeMatico
SEC pushes deadline to decide on ARK 21Shares spot Bitcoin ETF to January 2023
“The Commission finds that it is appropriate to designate a longer period within which to issue an order approving or disapproving the proposed rule change,” said the SEC. Go to Source Powered by WPeMatico