Core Scientific Confirms selling 1,100 Bitcoin In August, What Was Its Impact?
While the current quarter in the crypto market has been bad for many companies as Bitcoin dropped, it has been successful for
Read MoreWhile the current quarter in the crypto market has been bad for many companies as Bitcoin dropped, it has been successful for
Read MoreBitcoin has been experiencing some volatility over today’s trading session as the price of BTC touches critical resistance levels. The number one crypto by market cap positively reacted to macroeconomic factors, but as the weekend approaches, low levels might lead to sudden price movement. At the time of writing, Bitcoin (BTC)
Read MoreBitcoin’s value against the U.S. dollar lost 7.3% during the last 24 hours after more than $600 million in value was removed from the $1.07 trillion crypto economy. Statistics show that a number of bitcoin miners capitulated over the last two weeks, selling 5,925 bitcoin worth millions, according to
Read MoreAccording to a fresh prediction from crypto analysis firm Arcane Research, miners will continue to sell more Bitcoin (BTC) than they earn.Miners sold nearly 30% of record BTC stash since MayThe trip to $25,000 this month decreased pressure on a Bitcoin mining sector which has struggled throughout 2022.At one point,
Read MoreThe Department of Financial Protection and Innovation of California (DFPI) continues to bring actions against crypto interest account providers, failing to comply with the local law. After commanding BlockFi and Voyager to stop their offerings in the state, the DFPI issued a desist and refrain order to crypto lending firm
Read MoreDespite a massive wave of liquidations on the cryptocurrency market, some companies that sold their crypto over the past few months are not bearish on Bitcoin (BTC) at all.Canada-based investment firm Cypherpunk Holdings was one of the companies that opted to sell crypto amid the crypto winter of 2022, liquidating
Read MoreWhile most of the crypto economy’s digital assets have seen significant gains this month, Terra’s luna 2.0 has been stagnant as it has shed 24.37% against bitcoin during the last 30 days. LUNA is down 89.8% from the token’s all-time price high two months ago on May 28. Moreover, the
Read MoreLidoDAO, the governance body that controls Lido Finance, has voted to reject a proposal that would have sent 1% of the LDO token supply to Dragonfly Capital in exchange for about $14.5 million in DAI.LDO is the native token on the Lido Finance protocol, which issues the Lido Staked Ether
Read MoreBitcoin and the crypto market have been losing momentum in the last 24 hours after experiencing a relief rally. Yesterday, the Elon Musk-led car manufacturer Tesla announced that it sold 75% of its BTC holdings to convert them into fiat currency. Related Reading | Cardano (ADA), After 35% Spike, Locks On Next
Read MoreTesla CEO Elon Musk said the EV company could add to its bitcoin position again in the future, but wanted to boost its cash position. Original Source
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