Tag: Cryptocurrency

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Northern Data Revenue Decreased to €77.5M, Mined 2,298 BTC in 2023

Northern Data Group experienced a decrease in revenue, with a reported net revenue of €77.5 million for the fiscal year 2023, compared to €193.3 million in 2022. The company's total income also saw a...
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Dough Finance Flash Loan Attack: A CoinJournal Analysis

A recent flash loan attack on Dough Finance has left many users reeling after approximately $1.8 million was stolen from the platform. The attack, detected by Cyvers on June 12, 2024, highlighted some security...
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Bitcoin as Reserve Currency to Strengthen the Dollar

Senator Cynthia Lummis from Wyoming recently stated that incorporating Bitcoin into the US financial system could potentially strengthen the US dollar and help it maintain its global dominance. During an interview on Fox Business,...
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Genesis Trading Transfers 12.6k BTC to Coinbase for Asset Liquidations

Genesis Trading recently made a significant move by transferring 12,600 Bitcoin (BTC) to Coinbase, totaling about $719.9 million. This transfer comes after a legal settlement with the State of New York, requiring Genesis to...
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XRP Outperforms as Bitcoin Bulls Stay on the Sidelines

Bitcoin experienced a 2.3% drop in value over the past 24 hours, falling to $57,000 after briefly reaching $59,000 on Thursday. However, XRP tokens saw a 5% increase during the same period, making them...
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Top Crypto Price Predictions: Toncoin, Solana, Solciety (SLCTY) – Expert Analysis and Forecast

Cryptocurrencies had a good week with Bitcoin almost hitting $60,000. Toncoin was trading at $7.23 and Solana rose to $146. The prices went up as investors bought more and due to liquidations by the...
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How Binance’s 41,000 BTC Purchase Impacted the Bitcoin Market

Bitcoin has been trading sideways recently, trying to recover from the selling pressure it faced over the past week. Despite some optimism in the market, the daily chart shows a candlestick pattern that indicates...
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Bitcoin Ordinals: The Strategic Choice for Releasing ‘Frontline’

I am not an expert in blockchain technology, but I am well-versed in creating digital art. When it comes to statistics and security, I tend to tread carefully, as errors in these areas can...
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Crypto Market: Exchange Withdrawals Hit 5-Year Low at 28.5k BTC

The latest data shows that exchange withdrawals in the crypto market have hit a 5-year low, with only 28.5k BTC being withdrawn. This indicates that traders are holding onto their assets rather than moving...
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German Government Sells Majority of Bitcoin Holdings, Retains $890M

In recent weeks, the German government has been actively selling off a significant amount of Bitcoin (BTC), leading to increased selling pressure on the cryptocurrency market. This move has caused Bitcoin to drop by...