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Latest Crypto News today about recent important events in Cryptocurrency
Tokyo-based Bitcoin exchange, Mt. Gox is preparing to release a substantial amount of Bitcoin (BTC) into the market, signaling the upcoming disbursement of payments to creditors who had been affected by its hack attack in 2011. Mt. Gox Set To Release 142,000 Bitcoin Into Market Reports from Reddit reveal that the Kraken Bitcoin (BTC) and […]
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Bitcoin hash rate saw a decline as Bitcoin mining firms have started turning off unprofitable mining rigs after the fourth Bitcoin halving. The Bitcoin network’s hash rate fell to an over two-month low of 575 exahash per second (EH/s) on May 10 before making a small recovery to the current 586 EH/s, according to data […]
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After five weeks of fleeing the digital asset market, investors are cautiously dipping their toes back in, with Bitcoin (BTC) emerging as the clear favorite. A recent report by CoinShares reveals a net inflow of $130 million into crypto investment products, marking a potential turning point after a period of sustained outflows. US Investors Lead […]
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Stablecoin issuer Tether froze USDT (USDT) worth $5.2 million linked to phishing scams on May 14. This USDT was stored in 12 Ethereum wallets tagged as “USDT Banned Address.” On-chain analytic firm Slomist’s chief security officer said that the addresses were being used for laundering funds from phishing scams without elaborating further. Source: SlowMist Tether, […]
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Bitcoin (BTC) threatened to give back early week gains on May 14 as volatility increased into macro data reports. BTC/USD 1-hour chart. Source: TradingView BTC price “barts” up and down into PPI, Powell Data from cryptodirectories Markets Pro and TradingView showed BTC price weakness entering on hourly timeframes, producing a dip to $61,440 on Bitstamp. […]
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United States President Joe Biden has signed an order preventing a China-linked crypto mining firm from continuing to use land near a Wyoming nuclear missile base. The order, released by the White House on May 13, forces MineOne Cloud Computing Investment and its partners to divest property operated as a crypto mining facility near the […]
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United States crypto exchange Coinbase has suffered a “system-wide outage” rendering its services unusable for those looking to access the crypto exchange odesktop or mobile. Coinbase notified users of the outage on its official status page, sharing that a “major outage” began at 4:15 am UTC on May 14. Attempts to visit the website currently […]
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Bitcoin (BTC) may have escaped the post-halving “danger zone” — and is now headed for reaccumulation, according to a crypto analyst citing historical data. On May 13, crypto market analyst “Rekt Capital” posted an update to his Bitcoin market cycle chart on X declaring that the “danger zone” when the asset corrects after the halving […]
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The number of new Runes etched on Bitcoin daily has fallen below 250 for the last six days, with 157 Runes etched on Monday marking a 99% fall from its peak in late April. The fall comes after a highly successful streak that came a week after launch, which saw an average of 14,700 new […]
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Hong Kong’s Bitcoin (BTC) and Ether (ETH) exchange-traded funds (ETFs) posted the largest-ever net outflow on Monday, May 13 — wiping all gains they’ve made since launching under two weeks ago. Bosera, ChinaAMC and Harvest Global’s spot Bitcoin ETF funds posted net outflows of $32.7 million, with ChinaAMC’s Bitcoin fund coming in as the biggest […]
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