Michael Saylor wants MicroStrategy’s non-crypto section to work on Bitcoin services. The executive chairman of MicroStrategy made this revelation during his speech delivery at Baltic Honeybadger. Saylor disclosed that MicroStrategy is working on a solution to usher the exodus of people and investors into the Lighting Network. Michael Saylor left his role as the organization’s …
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The United Kingdom Treasury Office of Financial Sanctions Implementation (OFSI) has added new measures for regulating crypto. Part of the newly added features strongly frowns at money laundering. Since the war between Russia and Ukraine began, the crypto space has gathered more attention than ever. The U.S and U.K are part of the forerunning countries …
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Macro strategist Lyn Alden says that in a global economy underpinned by an inflationary system, Bitcoin (BTC) stands as world’s best ledger. In a new interview with Bitcoin proponent Peter McCormack, Alden says BTC is the ideal solution for the problems of the current monetary system. “One problem is that we have an inflationary system. …
The United Kingdom has elected a new prime minister whose past comments suggest that she is pro-crypto and blockchain technology. Liz Truss, representing the UK’s Conservative Party, is expected to take over following current PM Boris Johnson’s planned resignation on September 6th. In 2018, Liz Truss told her Twitter followers that she was looking to help …
A closely followed analyst known for timely altcoin calls is updating his outlook on several crypto assets as the markets trade flat. The pseudonymous trader known as Altcoin Sherpa says he’s looking to go short on fan token-focused crypto project Chiliz (CHZ) as the coin forms what he sees as a bearish set up. “CHZ: …
The assumption that Ethereum will just transition to a fully functional proof-of-stake (PoS) network after the Merge somewhat ignores the risk and effort necessary to move an asset that has a $193 billion market capitalization and 400 decentralized applications (DApps). That is precisely why monitoring vital network conditions is essential for anyone willing to trade …
Continue reading “Ethereum gone wrong? Here are 3 signs to keep an eye on during the Merge”
Cryptocurrency exchange Binance announced Monday that it plans to halt all deposits and withdrawals of Ethereum (ETH) and Wrapped Ethereum (WETH) on selected networks, starting September 6th at 2 am (UTC) in anticipation of Ethereum’s Merge event. #Binance will suspend deposits and withdrawals for Ether $ETH and Wrapped Ether $WETH on the following networks starting …
Mark Alexander Hopkins, also known by the moniker ‘Doctor Bitcoin’ or their handle Rizzn, has claimed that “transacting Bitcoin p2p is a federal crime” after announcing the sentence in their case to social media followers. In a Sunday Twitter thread, Hopkins said that they were facing between 6 to 15 months at a federal correctional …
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Poolin, one of the largest Bitcoin mining pools by hash rate, has announced it has temporarily suspended Bitcoin and Ether withdrawals from its wallet service due to “liquidity problems.” In a Monday announcement, Poolin said its wallet service was “facing some liquidity problems due to recent increasing demands on withdrawals” and planned to temporarily stop …
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The Bitcoin price indicates a sideways movement as the coin remains below the 9-day and 21-day moving averages. Bitcoin Prediction Statistics Data: Bitcoin price now – $19,712 Bitcoin market cap – $376 billion Bitcoin circulating supply – 19.1 million Bitcoin total supply – 19.1 million Bitcoin Coinmarketcap ranking – #1 BTC/USD Long-term Trend: Ranging (Daily …
Continue reading “BTC Retraces Below $19,800 as Massive Gains on TAMA”
Since the start of September, 329.8 million Shiba Inu tokens have been burned, according to shiba-burn-tracker.com. Shiba Inu tokens are burned on multiple occasions daily to tackle the issue of oversupply. Over the last 30 days, the most significant daily burn totaled 455,699,414 SHIB on Aug. 31. Why burn Shiba Inu? Shiba Inu’s initial supply …
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Helium’s HNT token is in freefall as it has lost roughly 9% of its value in the last 24 hours –the highest over this timeframe– according to CryptoSlate data. Sept. 5 Top 5 Biggest Losers (Source: CrypoSlate) On the seven days metrics, HNT is down by 37%, falling from a high of $6.20 to as …
Continue reading “Helium down 55% in last 30 days as challenges run rife”
Binance has revealed that it would remove USD Coin (USDC), TrueUSD (TUSD), and Paxos Standard (USDP) as tradeable assets on its platform and convert its users’ balance in these stablecoins to Binance USD (BUSD) by Sept. 29. According to Binance, the move is geared toward enhancing liquidity and capital efficiency for its users. The Changpeng …
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Russia has seemingly drawn a line in the sand and will not turn on Europe’s main gas pipeline until the “collective West” lifts the financial sanctions against the country. The move follows the Nord Stream 1 pipeline allegedly shutting down for “maintenance,” but reports from Interfax that followed five days later indicate Moscow will not …
In eight days Ethereum is planning to undergo one of the most intensive upgrades since the DAO hard fork in 2016, as The Merge aims to change the network’s consensus mechanism from proof-of-work (PoW) to proof-of-stake (PoS). Amid the lead-up to The Merge, the decentralized finance (defi) and liquid staking protocol Lido’s total value locked …
