The Nigerian government is reportedly considering imposing fines of up to $10 billion on Binance. Local media outlets reported that Bayo Onanuga, the special adviser to the Nigerian president, said the exchange profited from facilitating illegal transactions in the African country while the nation suffered huge losses. According to Onanuga, the fine would be a …
Monthly archives: March 2024
Craig Wright claims coincidence in timing of spoofed emails as DNS records altered yesterday
The highly contentious COPA vs. Wright trial took a dramatic turn today as Craig Wright faced accusations of manipulating key evidence to support his claim of being Bitcoin’s pseudonymous creator, Satoshi Nakamoto. Reporting via the court live stream, CryptoSlate tuned in to hear Wright’s testimony in what is likely to be his final appearance. The day’s …
Bitcoin’s surge to yearly high marked 99.6% of its supply in profit
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Bitcoin mining difficulty decreases by 3% as halving approaches in 50 days
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SEC faces pushback from states over crypto regulations in Kraken case
Several US state attorneys general and pro-crypto factions have lodged amicus briefs opposing the Securities and Exchange Commission’s (SEC) case against Kraken. Montana, others brief against SEC On Feb. 29, a coalition of state attorneys general from Montana, Arkansas, Iowa, Mississippi, Nebraska, Ohio, South Dakota, and Texas jointly submitted a brief that does not support …
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Bitcoin hitting $1 million would not make list of top 3 historic bull runs
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From Low to High — Bitcoin Fees Jump Over 129% in 4 Days
After a short period of diminished onchain network fees, the expense of sending bitcoin has begun climbing once more, hitting a midweek average of 73.3 satoshis per virtual byte (sats/vB) or $11.48 for each transaction. Currently, a backlog of 207 mempool blocks is pending, waiting to process about 134,000 unconfirmed transactions, a situation that has …
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Blackrock’s Bitcoin ETF Single-Handedly Offsets Grayscale’s $600M Outflow — IBIT Now Holds 161K BTC
Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), single-handedly offset Grayscale’s bitcoin ETF outflow of $600 million on Thursday. Blackrock’s bitcoin ETF has broken both its trading volume and inflow records this week. The fund’s crypto holdings have risen to 161K bitcoins. Blackrock Continues to See Massive Inflows Blackrock’s spot bitcoin exchange-traded …
Bitcoin Technical Analysis: BTC’s Bullish Rise Continues Amidst Market Optimism
Over the past hour, as bitcoin’s value swings from $62,150 to $62,545 on March 1, 2024, the cryptocurrency market is experiencing a pronounced upward trend. With a trading volume of $55.41 billion over 24 hours and a market cap touching $1.21 trillion, bitcoin’s dominance in the market is clear. Technical indicators, including oscillators and moving …
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Study: Institutions More Bullish on Ethereum in H2 of 2023 — BTC and ETH Holdings Surge to 80%
Between July 2023 and January 2024, the concentration of bitcoin and ethereum in institutional digital asset portfolios increased from 50% to 80%, the latest Bybit user asset allocation report has shown. During this period, institutions appeared to be more bullish on ethereum than bitcoin, a sentiment that contrasted with that of retail investors. Stablecoins and …
LBank Labs Invests in QED: Unleashing Bitcoin’s Full Potential with Zero-Knowledge Proofs
PRESS RELEASE. LBank Labs has achieved a new milestone by participating in the $3 million funding round for QED. This innovative venture is poised to revolutionize the Bitcoin ecosystem with its groundbreaking zk-Native blockchain protocol. The funding round, spearheaded by Arrington Capital, saw contributions from renowned venture capital firms such as Starkware, Draper Dragon, Blockchain …
‘This Time It’s Different’ – Bitcoin Could Hit New Record High Earlier Than Usual This Cycle: Galaxy Digital Exec
Alex Thorn, an executive at crypto financial services firm Galaxy Digital, believes Bitcoin (BTC) may reach a new record high earlier than in previous cycles. The head of research at Galaxy Digital tells his 32,700 followers on the social media platform X that Bitcoin may hit an all-time high (ATH) ahead of the scheduled halving …
Analyst Says Solana-Based Altcoin Primed To Hit New All-Time High, Maps Path Forward for Shiba Inu
A popular crypto trader believes one Solana (SOL)-based altcoin project is on the verge of soaring to a record-breaking price. The pseudonymous analyst known as Altcoin Sherpa tells his 208,400 followers on the social media platform X that a new all-time high (ATH) is likely for the native asset of Render (RNDR), a crypto project …
Understanding How to Navigate the Virtual Casino Floor Online
Have you ever wondered what it feels like to step into a casino without actually having to get dressed up and leave your house? Well, that’s exactly what the digital age has brought us. With the rise of casino platforms, the entire online experience has been reimagined and transformed, making it more accessible and diverse …
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Analyst Says Ethereum Rival Could Skyrocket by Over 130%, Updates Outlook on Dogecoin and Solana
A widely followed cryptocurrency analyst and trader is forecasting the path forward for three crypto assets. Starting with the Ethereum (ETH) competitor Avalanche (AVAX), the analyst pseudonymously known as Kaleo tells his 622,700 followers on the social media platform X that the native token of the layer-1 blockchain could go up by approximately 134% from …