Cryptocurrency Analysis and News Portal
Bitcoin miners on Tuesday transfered nearly 3,000 bitcoin, worth around $28 million, directly into exchange wallets. Several thousand others were likely moved via over-the-counter (OTC) deals.Direct exchange transfers represent the largest flow of bitcoin (BTC) from miners to such platforms in over a year, according to Glassnode data.The bulk
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Anonymous sources allegedly from or close to Paypal’s cryptocurrency strategy
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A possible Satoshi Nakamoto, the mysterious creator of Bitcoin, has been sentenced to 25 years in prison. Criminal mastermind Paul Le Roux told the judge that upon his release he plans to “start a business selling and hosting bitcoin miners,” claiming that his ASIC chip design will “have an
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Compound’s governance token will be available for distribution to all users of the decentralized finance (DeFi) protocol beginning on June 15.According to a June 10 tweet from Compound, the lending platform responsible for the major DeFi protocol completed a testnet trial of its COMP token as part of a governance
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Bitcoin has failed multiple attempts at breaking past $10,500 over recent weeks, yet analysts say that the cryptocurrency is still on track to erupt into a new bull run in the coming months.Related Reading: Over a Dozen Top Crypto Assets Are Up Over 10% Today: Here’s WhyBitcoin Charts Signal a
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South Korea will start taxing profits from bitcoin (BTC) and other cryptocurrencies next year, according to local media reports.The taxation will also apply to bitcoin mining operations and income from initial coin offerings, should it be approved by Parliament.South Korea’s Ministry of Economy and Finance proposed the amendments to
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Bitcoin avoided a major downtrend and recovered from the $8,680 support against the US Dollar. BTC price is trading above $9,000, but it must clear $9,300 to start a strong increase.Bitcoin is up more than 4% and it climbed above the $9,000 resistance.The price is trading well above the $9,100
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With zero ad budget, Tesla relies on free methods of advertising. The electric carmaker enjoys strong engagement on platforms such as YouTube and Twitter. Established carmakers are traditionally heavy advertisers. Will Tesla follow suit as competition intensifies? Tesla (NASDAQ: TSLA) spends $0 on advertising. But that hasn’t stopped the
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Elon Musk recently said he would probably “stay with friends” once he sold his houses. He didn’t mention his girlfriend and newborn child. Grimes must be some kind of saint to stick by Elon Musk. Elon Musk has become one of the more divisive public figures in America. People
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On May 13, the San Francisco-based cryptocurrency exchange, Coinbase published a report that shows digital currency investors are investing in alternative cryptocurrencies despite bitcoin’s 67% market dominance. Data from Coinbase shows that customers with at least five crypto purchases, roughly 60% of them buy bitcoin first but only 24%
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