Definition The total amount of coins held on exchange addresses. Quick Take In March 2020, the most amount of Bitcoin (BTC) was sitting on exchanges at 3.2 million BTC. Since then, over 1 million BTC has left exchanges — accelerated by the collapse of Luna and FTX in 2022. In 2022, roughly 600,000 BTC was […]
Owning A Piece Of The Metaverse: What Digital Land Should I Buy?
The post Owning A Piece Of The Metaverse: What Digital Land Should I Buy? appeared first on Coinpedia Fintech News The metaverse age is rapidly drawing upon us, bringing higher numbers of people into a connected, persistent virtual reality where they can live digital lives alongside their existence in the real world. It’s believed that […]
Crypto Analysts Michael van de Poppe Predict Massive Bitcoin Price Rally to Reach $40k
The post Crypto Analysts Michael van de Poppe Predict Massive Bitcoin Price Rally to Reach $40k appeared first on Coinpedia Fintech News According to renowned expert Michael van de Poppe, Bitcoin (BTC) is showing signs of a major price surge in the near future. This is because it’s currently trading above a critical level. Expert […]
Argo CEO follows resignation trend after company acquisition by Galaxy Digital
The CEO of the cryptocurrency miner Argo Blockchain is the second executive to step down from the company after its acquisition by Galaxy Digital. The cryptocurrency miner Argo continues to undergo a series of company changes in light of its major acquisition and newly filed lawsuit. Peter Wall, the CEO of Argo Blockchain, announced his resignation […]
Russian government subsidizes crypto mining facility in Siberia
The facility, which is to open this year, will possess 30,000 crypto mining machines, hire 100 workers and consume 100 megawatts from the power grid. The crypto mining industry has faced moratoriums in some parts of the U.S. and Canada in recent months. Now, Russia provides tax incentives for those who want to invest in […]
Arthur Hayes bets on Bitcoin, altcoin surge in H1 2023 as he buys BTC
The ex-BitMEX CEO announces a BTC deployment “over the coming days” amid hope that the good times will last for crypto until the middle of the year. Bitcoin (BTC), Ether (ETH) and even nascent altcoins are a solid “buy,” a previously risk-off investor says. In a blog post released Feb. 8, industry stalwart Arthur Hayes […]
Ordinal Punks emerge as leading Bitcoin NFT collection
PROOF Collective noted that Ordinal Punks NFTs have been rising in price. The tweet mentioned the recent sale of #27, which sold for 1.93 BTC ($43,800). It also stated another sale occurred soon after, for the sum of 2.06 BTC ($46,800) but did not disclose which punk the sale related to. Source: ordinalsdirectory.com A Reddit […]
SEC Prioritizes Scrutiny of Crypto and Emerging Tech in 2023
The United States Securities and Exchange Commission (SEC) announced that its top priorities for 2023 include cryptocurrencies and emerging technologies. On Tuesday, the Division of Examinations of the SEC announced its list of priorities for 2023. The Division of Examination conducts market analysis to identify potential risks. In a press release, the regulator named “crypto […]
Web3 to shape future for Gen-Z and Millennials
Web3 embraces decentralization and powers blockchain technology. Both are the core pillars of not just debatable, digital currency but also several projects looking to give more power to the community. Eliminating the middlemen, pretty much a synonym for a third party, is one of the objectives of web3. Regulatory authorities and governments understand that web3 […]
AvaTrade x AMF1: A sheer display of speed, innovation & technology
AvaTrade and Aston Martin Formula 1 have partnered together, making the Ireland-based forex broker the official trading partner of the racing team. The development comes at the right time, signalling AvaTrade’s commitment to growing while becoming a user-friendly platform. The partnership between AvaTrade and Aston Martin Formula 1 was announced by AvaTrade through a press […]