Tag: Digital Currency

news-04072024-124822

Bitcoin Alert: Mt. Gox Initiates Repayments Through Exchange Transfer

Mt. Gox, the infamous Bitcoin exchange that collapsed in 2014, has begun the process of repaying its creditors. Recently, three wallets associated with Mt. Gox executed several transactions, including the transfer of a small...
news-03072024-111007

Bitcoin Market Maturity Shown by Low Volatility and Steady Prices

Bitcoin's market maturity is being demonstrated by the recent low volatility and steady prices. The annualized realized volatility of Bitcoin has been fluctuating throughout 2024, showing significant market movements and reactions. Realized volatility is...
news-02072024-112023

Investors Increase Bitcoin ETF Investments Despite 7% June Drop

Investors are showing increased interest in Bitcoin ETFs, despite a 7% drop in the price of Bitcoin in June. Spot bitcoin ETFs saw net inflows of $790 million during the month, indicating a growing...
news-02072024-051955

Solciety’s PolitiFi Meme Coin Presale: $600K+ Raised in First 2 Weeks

Solciety's PolitiFi Meme Coin Presale: Over $600K Raised in First 2 WeeksIn the first two weeks of its presale, Solciety has raised an impressive amount of over $619,000, taking advantage of the growing popularity...
news-02072024-001929

Bitcoin Traders Prepare for ‘Bullish July’ with Record $124M Inflows in BTC ETFs

Bitcoin traders are gearing up for what could be a 'Bullish July' as record $124 million inflows into BTC ETFs have been recorded since the beginning of the month. This comes after months of...
news-01072024-111832

Bitfarms Reports 21% Increase in Bitcoin Production Amid Upgrades and Takeover Drama

Bitfarms, a Bitcoin miner, has reported a 21% increase in Bitcoin production for the month of June. This increase follows an overall capacity upgrade by the company. In June, Bitfarms produced 189 BTC, up...
news-27062024-190039

Bitcoin Price Volatility: US Transfers $240M in Bitcoin to Coinbase Address – CoinJournal

The US government recently transferred 3,940 Bitcoin, valued at $240 million, from a wallet linked to a Silk Road vendor to a Coinbase Prime wallet address. This move has raised concerns among traders about...
news-27062024-050032

Cardano Price Analysis: ADA Nears Critical $0.3389 Support Level

My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to...
news-26062024-175922

Diversifying Revenue: Bitcoin Miner Marathon Mines $15M Worth of Kaspa Tokens

Marathon Digital, a Bitcoin miner, has recently diversified its revenue streams by mining Kaspa tokens. Since September 2023, Marathon has mined a total of 93 million KAS tokens, which are currently valued at approximately...
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Bitcoin’s Maturity Forecasted Using Power-law Model After 2024 Halving

Bitcoin's maturity after the 2024 halving is being forecasted using a power-law model. This model provides a mathematical description of Bitcoin's historical price trends, showing a power-law distribution on a log-log scale. The analysis...