Thursday, December 26, 2024
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Binance likely updated bitcoin confirmation process, on-chain data reveals

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied New on-chain data has picked out activity surrounding Binance’s consolidation transactions. As observed, the latest batch of these transactions has been subjected to a replaced-by-fee (RBF) shift, escalating from 13.5 sats/vb to 56.4 sats/vb.  It is

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Confirmation of Silvergate’s $8 Billion Deposit Plunge Sees Stock Price Drop by More Than 40% – Finance Bitcoin News

The price of the crypto-focused bank Silvergate Capital’s shares fell by over 40% after it reported a more than $8 billion drop in customer deposits. The share price plunge came just days after U.S. prosecutors reportedly seized collapsed crypto exchange FTX’s accounts held at the bank. Alan Lane, the CEO

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Ether Leads Crypto Recovery on Merge Confirmation, but Traders Remain Cautious

Elsewhere, Ahmed Ismail, CEO of liquidity aggregator Fluid said that while the current positive sentiment in the market was largely due to the Ethereum news, the broader sentiment in crypto markets was “strongly linked” to the global macro-economic climate, “which is currently not very optimistic.” Source

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