El Salvador’s head of state, Nayib Bukele, recently announced that the nation’s bitcoin investment has turned profitable, rebounding from a prolonged period of losses experienced during the majority of last year’s crypto winter. Bukele revealed that the value of the country’s cryptocurrency holdings has risen by $3.6 million, based on current bitcoin exchange rates. El […]

Quick Take Bitcoin recorded a 7% gain, culminating in a year-to-date peak of $38,800 by Dec. 1. This milestone ignited the most considerable profit realization from short-term holders seen in recent times since November 2021. Short-term holders, defined as those who keep Bitcoin for less than 155 days, recorded approximate profits of $1.5 billion. Short-term […]

Texas-based Bitcoin (BTC) miner Riot Platforms secured its largest-ever order of hash rate through the acquisition of 66,560 units of BTC miners, representing 18 EH/s, from MicroBT for $290.5 million, according to a Dec. 4 statement. Riot furthered that it also obtained options to acquire 265,000 additional miners from MicroBT, which would add up to […]

The post Ethereum Faces Rejection As Bulls Liquidate $3.5 Million In Positions! Is ETH Price Set For A Correction? appeared first on Coinpedia Fintech News In the past several hours, Bitcoin and Ethereum experienced a downturn following their recent highs at approximately $42,000 and $2,300. Analysis of on-chain data indicates that short-term investors are taking […]

Well, let’s just say the launch of Ocean from the social perspective was anything but smooth. The decision to filter out transactions conducting inscriptions should have been communicated clearly on launch day, instead speculation lead to a chaotic shitshow on Twitter. People were screaming about inscription censorship, while at the same time inscription transactions were […]

Cointelegraph sat down with Trust Wallet CEO Eowyn Chen to talk about how Web3 can become a better experience for everyone. Bringing the global crypto and blockchain communities together in Istanbul, Turkey, the Binance Blockchain Week 2023 was a clear indicator that the Web3 ecosystem continues to grow regardless of price movements.  Despite being a […]

Cryptocurrency exchange Bybit has released its latest quarterly report, revealing the trading and holding trends of its institutional traders heavy in positive Bitcoin sentiment. The cryptocurrency exchange Bybit released its fourth quarter report on Dec. The report found that institutional traders had some 45% of their assets in stablecoins, with the remaining split 35% in […]

Many Bitcoin maximalists are even hesitant to apply the term “crypto” to their preferred asset, as it brooks association with more centralized coins. Jan3 CEO Samson Mow has said that comparing Bitcoin to crypto is like comparing “an aircraft to a paper airplane.” Ripple CEO Brad Garlinghouse said, “It will be a multichain world.” These […]

Bitcoin analysis is getting more and more suspicious of the “up only” BTC price action in recent days. Bitcoin (BTC) faces sharp volatility as the new week begins with BTC price action focusing on $42,000 — can it endure? The largest cryptocurrency, fresh from weekend gains that topped 10%, is still keeping traders guessing over […]

Envision Blockchain and the HBAR Foundation have teamed up with the UN to create a new suite of decentralized tech to streamline the complex carbon markets. The 2023 United Nations Climate Change Conference, also known as COP28, saw several new initiatives aimed at innovating the fight against climate change and streamlining the complex carbon credit […]