Latest Crypto News today about recent important events in Cryptocurrency
Bitcoin and the wider cryptocurrency market, including ethereum, Ripple’s XRP and cardano, were hit by a sudden flash crash early Sunday morning, crashing prices (though Elon Musk’s “fav” crypto dogecoin is holding steady). The bitcoin price, which had this week been on a downward trend toward $60,000 per bitcoin, dropped more than 10% to just […]
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In brief PleasrDAO bought the Snowden NFT because its members endorse transparency, just like Snowden. The DAO will continue to buy and commission NFT artworks, invest in decentralized finance, and run an incubator to advance its mission. Pplpleaser, the digital artist whose NFT the DAO bought in March, has joined PleasrDAO as an honorary member. […]
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For the first time, a Chinese government official has recognized the value of Bitcoin and other cryptocurrencies. The People’s Bank of China Deputy Governor, Li Bo, called these assets an important part of the future at the Boao Forum for Asia, per a report by Colin Wu. Bo said Bitcoin and cryptocurrencies should be regarded […]
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With much of the market fixated on Bitcoin’s (BTC) sudden price correction over the weekend, retail interest in digital assets appears to be on the rise, according to the latest statistics from Reddit. The r/dogecoin community added 145,859 weekly subscribers, according to Subreddit Stats. The gains are hardly surprising given DOGE’s dramatic rally over the […]
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In brief Bitcoin miners are working through a vast backlog of unprocessed transactions. Computing power on the Bitcoin network has also plummeted. Price charts flash only red numbers and steep percentage drops today after Bitcoin dropped 15% overnight to lows of $52,144. For many, this is the day to get out of the market. The […]
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The funding rate of Bitcoin (BTC) has dropped to levels not seen since September 2020 as the price of Bitcoin plummeted below $52,000 on April 18. Quant trader and analyst Lex Moskovski says it shows fear has returned to the market. According to the data from Glassnode, the average Bitcoin futures funding rate across all exchange […]
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In brief Bitcoin in South Korea is 26% higher than elsewhere: it’s the kimchi premium! South Korean banks and a major cryptocurrency exchange have introduced restrictions on money flows between crypto and the won, Korea’s national currency. A bloodbath in the crypto markets today sunk the price of Bitcoin price on global markets to lows […]
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Crypto investors are reeling from an overnight crash that shrunk the crypto market by 7.92% and knocked $10,000 from Bitcoin’s price. The market cap for crypto is now $2.08 trillion, according to data metrics site Nomics. In the early hours of the morning, Bitcoin fell to lows of $52,144, a sharp drop from highs of […]
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Topline After a run-up in prices ushering in Coinbase’s long-awaited market debut earlier in the week, the cryptocurrency market plummeted early Sunday after blackouts in China led to massive declines in bitcoin’s mining rates—tanking prices and spurring billions of dollars in liquidations. The market is already on the mend, but bitcoin prices are still down […]
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In October 2019, unknown hackers infiltrated a Canadian insurance company by installing the malware BitPaymer, which encrypted the firm’s data and IT systems. The hackers demanded a ransom of $1.2 million be paid in Bitcoin (BTC) in return for the decryption software needed for the firm to regain access to its systems. The firm’s United […]
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