A year ago, our team sat down with Paolo Ardoino, CTO at crypto exchange Bitfinex, to talk about the Bitcoin price and the events that, for many, triggered the long crypto winter: the FTX collapse, and the downfall of major companies in the space. Now, we sat down with Ardoino once again to talk about…
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Source: Pixabay The National Securities Market Commission (CNMV) of Spain has opened its first crypto infringement case against local technology provider Miolos. CNMV, the Spanish securities markets regulatory body, released an agreement on Wednesday, announcing “sanctions proceedings” against Miolos over crypto non-compliance. The agency’s executive committee agreed upon the sanctions during a session held on…
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Amid fluctuating markets and economic uncertainty, Bitcoin long-term investors hold their coins tighter than ever. Data from blockchain analysis firm Glassnode reveals a notable trend: a significant portion of Bitcoin’s circulating supply is firmly in the hands of long-term holders, with figures reaching record heights. Notably, the trend of Bitcoin being tightly held is not…
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In a turn of events within the non-fungible token (NFT) market, Bitcoin (BTC) has achieved a significant milestone by surpassing Ethereum (ETH) in 24-hour NFT sales volume. This marks the first time that Bitcoin has outperformed Ethereum in this aspect. BTC’s NFT Breakthrough Bitcoin’s recent achievement of surpassing Ethereum in 24-hour NFT sales volume signals…
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While still recording some profits, the Bitcoin price shows signs of exhaustion, at least on low timeframes. When zooming out, recent data shows the massive rally experienced by cryptocurrencies over the past few months and the sector’s potential for additional gains. As of this writing, the Bitcoin price trades at $34,800 with sideways price action…
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Source: Adobe / prima91 Leading crypto exchange and wallet Coinbase on Tuesday, unveiled plans to completely cease support for Bitcoin SV (BSV) token. The platform had delisted the token in 2021. Coinbase confirmed the changes in a note sent to users stressing that the platform “will no longer support BSV,” effective January 9, 2024. Coinbase…
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Bitcoin’s price rally hasn’t swayed former retail traders away from the sidelines. Image by Friends Stock, Adobe Stock The price of Bitcoin has rallied in recent weeks, more than doubling from its November 2022 lows after the UK collapse of the cryptocurrency exchange FTX. Former day traders who previously made big profits from Bitcoin’s volatile swings…
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The surge to 8 million Bitcoin wallets with over $1,000 each marks an important development in Bitcoin’s market presence. Image by nuttapon, Adobe Stock According to current data from Blockware Solutions and Glassnode, the number of Bitcoin wallets with balances exceeding $1,000 has reached a new high. Data analysis reveals that the number of such wallets…
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Source: Adobe / Photocreo Bednarek BTC Digital, a Chinese Bitcoin mining firm with operations in the US, has announced the purchase of 220 Bitmain Antminer S19j Pro Bitcoin mining machines, bolstering its Bitcoin mining capabilities. According to an announcement from the firm, the machines, which are set to be delivered and operational by the end…
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Many had speculated that the rally in the crypto market was going to wane following the Spot Bitcoin ETF rumors fading out. That hasn’t been the case, though, and a recent revelation from a prominent crypto analyst suggests that the two largest cryptocurrencies by market cap, Bitcoin and Ethereum, could continue to see an upward…
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