cryptocurrency economy – DIGIT INFO

Bitcoin Breaks Past the $60K Threshold, Jumps 26% in 3 Days

DIGIT — Fri, 09 Aug 2024 02:09:27 +0000

On Thursday, bitcoin (BTC) leaped to a high of $62,729, representing a more than 26% jump from its Aug. 5 low of $49,577, recorded just three days earlier. The broader cryptocurrency market, which encompasses over 10,000 digital currencies, saw an 11.29% rise over the past 24 hours, with many assets enjoying double-digit gains. Bitcoin Hits […]

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Lido Protocol Reveals Plans for Withdrawal Feature Ahead of Ethereum’s Shanghai Hard Fork

DIGIT — Thu, 26 Jan 2023 00:30:33 +0000

While the Ethereum community prepares for the upcoming Shanghai hard fork in March, the development team for the liquid staking project Lido revealed plans to create an in-protocol withdrawal feature. Lido’s team is seeking community feedback on the proposal that would allow withdrawals after the Shanghai upgrade is completed. Lido Dominates Defi Economy With $7.9 […]

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Examining the Holdings of 5 Centralized Crypto Exchanges: A Look at Binance, Okx, Crypto.com, Bitfinex, and Huobi

DIGIT — Sun, 22 Jan 2023 16:00:05 +0000

After FTX collapsed, the incident prompted many major crypto exchanges to publish proof-of-reserves and lists of known addresses so users can verify the solvency of the trading platforms. While the veracity of these proof-of-reserve lists and asset dashboards is debatable, they do provide some insight into the large sums of cryptocurrency held in custody by […]

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14th Anniversary of Bitcoin’s Genesis Block: A Look Back at the Birth of Cryptocurrency

DIGIT — Tue, 03 Jan 2023 20:30:56 +0000

14 years ago on Jan. 3, 2009, Satoshi Nakamoto launched the Bitcoin network and block zero at approximately 1:15 p.m. (ET) on a Saturday afternoon. Satoshi’s technology allows “online payments to be sent directly from one party to another without going through a financial institution.” Since Bitcoin was born it changed the financial system significantly, […]

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Survey Shows Millennial Millionaires Plan to Buy More Crypto Next Year Despite Price Volatility

DIGIT — Sun, 19 Dec 2021 05:00:27 +0000

While the cryptocurrency economy has seen significant losses across the board — losing billions during the last two weeks — a recent CNBC millionaire survey indicates that millennial millionaires have a lot of crypto. Furthermore, millennial millionaires plan to add more digital assets to their portfolios in 2022. 83% of Millennial Millionaires Own Cryptocurrency, According […]

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The Crypto Economy Soars Past $3 Trillion — Momentum of Value Grew Much Faster Than Apple’s Market Valuation

DIGIT — Mon, 08 Nov 2021 22:30:43 +0000

On November 8, 2021, the cryptocurrency economy’s market capitalization reached the $3 trillion mark after gathering significant value over the course of 12 years. The overall value of the 10,464 crypto-assets in existence is now larger than Microsoft’s market valuation at $2.52 trillion and Apple’s $2.47 trillion market cap. Cryptocurrency Economy Is Now More Valuable […]

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Markets Update: Consolidation Continues as Traders Wait for a Breakout

DIGIT — Mon, 28 Jan 2019 01:15:46 +0000

On Sunday, Jan. 27, a vast majority of cryptocurrency markets have seen sideways consolidation as prices have been following a narrow range for over a week. A few major digital asset markets have seen decent gains this week, but most crypto prices remain tight as traders await a strong breakout. Also read: Bloq Labs Reveals Software […]

The post Markets Update: Consolidation Continues as Traders Wait for a Breakout appeared first on Bitcoin News.

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