A U.S. appeals court has issued a mandate that formalizes the forfeiture of 69,370 Bitcoins and other cryptocurrencies linked to the now-defunct Silk Road dark web market. The ruling, confirming the judgment from August 18, […]
Crypto asset manager Grayscale has had another meeting with the US Securities and Exchange Commission as final ETF details get ironed out. Meanwhile, the company’s chief executive said that its clients would lose out if […]
Bitcoin (BTC) layer 2 blockchain Stacks (STX) has soared again after billionaire investor Tim Draper voiced support for the emerging protocol. Trading for just $1.18 at 7 pm ET on Tuesday, the asset trades for […]
Asset manager BlackRock is making the final adjustments to its spot Bitcoin exchange-traded fund (ETF) application. The latest move is to agree to ‘cash creations’ for fund redemptions—in line with what US financial regulators are […]
The decentralized nonfungible tokens (NFTs) borrowing and lending protocol – BendDAO – is all set to embrace the Bitcoin ecosystem. In a Discord post, BendDAO said that it will provide Bitcoin NFT lending business and […]
The potential approval of a spot Bitcoin ETF (exchange-traded fund) by the US Securities and Exchange Commission (SEC) has been a topic of intense speculation in the cryptocurrency market. Recent developments suggest that the financial […]
Last week, bitcoin (BTC) rallied past $44,000 but hit a significant resistance level at almost $45,000 and came tumbling down. According to a report by an analyst at market analytics platform CryptoQuant, profit-taking by a […]
Publicly traded Bitcoin (BTC) mining firm Cipher Mining is scaling operations with a new mega purchase of cryptocurrency mining devices. Cipher will buy 37,396 units of Antminer T21 miners from the Chinese crypto mining giant […]
The recent surge in ordinal inscriptions on the Bitcoin network has been good news for miners but not so good for users. As demand for block space increased over the weekend, transaction fees skyrocketed, netting […]
The price of bitcoin (BTC) has entered a correction phase following the asset’s rally to and beyond the $44,000 mark. A weekly report from the on-chain analytics platform CryptoQuant revealed that several valuation metrics show […]
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