Tag: BTC

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Bitcoin Whale Wallet Containing 1,299 BTC Activates After Eight Years

A bitcoin whale wallet has been reactivated after almost a decade of dormancy. Wallets being reactivated after long periods of dormancy are no longer new to the market at this point. These whale wallets usually carry tens of millions to hundreds of millions worth of BTC by the time the owners of the wallet reactivate…
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Crypto Economy Hovers Below $3T: Analyst Says First Bear Marker ‘Would Be a Capitalization Drop Under $2.38T’

The crypto asset economy has been down in value over the last week as a great number of digital currencies shed significant amounts. The entire crypto-economy is down under the $3 trillion mark, hovering around $2.7 trillion across 10,970 cryptocurrencies. Bitcoin dominance is just above the 40% region while ethereum’s market commands 18.4% of the…
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Swedish call to ban crypto mining ‘completely misinformed,’ says fund manager

“The claim that Bitcoin miners jeopardize the electricity network is completely misinformed,” says EU-based fund manager Melanion Capital. A Swedish financial watchdog’s call for a European Union-wide ban on proof-of-work (PoW) crypto mining, mainly known as the method of minting new Bitcoin (BTC), has received backlash from crypto-related fund managers.  Melanion Capital, a Paris-based alternative…
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Bitcoin and Ethereum Resume Decline, AVAX Flips DOGE

Bitcoin price attempted a fresh increase above the USD 60,000 level. However, BTC failed to gain pace and started a fresh decline below USD 58,500, dropping 3% in a day. It is currently (04:32 UTC) trading below USD 57,500 and there could be more downsides in the short-term…. Read More: Bitcoin and Ethereum Resume Decline,…
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‘We are the number two crypto miner in the world, and we see practically no financial return,’ says Kazakhstan President Tokayev

In addition to calling for greater regulation in the cryptocurrency industry, President Tokayez contemplated the introduction of a digital Kazakhstani tenge. During a meeting with representatives of the financial sector on Friday in Almaty, Kassym-Jomart Tokayev, President of Kazakhstan, expressed his opinion on the current state of affairs of the country’s cryptocurrency industry. The details…
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Bitcoin, Ethereum, and Altcoins Trying to Recover

Bitcoin price extended decline below the USD 56,000 level. BTC tested USD 55,500 and is currently (11:54 UTC) consolidating losses near USD 57,000. To start a fresh increase, the price must clear the USD 58,500 resistance zone. Besides, most major altcoins are also recovering losses. ETH climbed above USD 4,100, but it is facing resistance…
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Bitcoin and Ethereum Plunge, MANA and SAND Rally

Bitcoin price failed to clear the USD 61,200 resistance. As a result, BTC started a fresh decline below the USD 60,000 and USD 58,500 support levels. It is currently (04:17 UTC) down 6.7% and is trading near USD 56,000. Similarly, most major altcoins are sliding. ETH is down 6.4% and traded below the USD 4,000…
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Player Sizzles the Casino Floor With a $134,000 Jackpot Win on Bitcoin.com Games

Bitcoin.com Games dishes out a massive jackpot win for a lucky player who cashes out the big loot! Player Cashes out 2.25 Bitcoin After a Single Lucky Spin Turning up the heat on Bitcoin.com Games, our very own crypto casino is Wazdan’s smashing new slot game Sizzling Bells. The brand new game was just recently…
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World’s Largest Collector Car Auction House RM Sotheby’s to Accept Cryptocurrencies

On Wednesday, the world’s largest collector car auction house by total sales, RM Sotheby’s, announced the company will be accepting cryptocurrency payments via Bitpay. The firm’s upcoming Guikas Collection sale on November 19 will be RM Sotheby’s first auction to accept digital currency payments for collectible automobiles. RM Sotheby’s Announces Crypto Payment Support via Bitpay…
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Bitcoin and Ethereum Struggle To Move Higher, CRO and SAND Rally

Bitcoin price attempted a recovery wave above the USD 60,000 level. However, BTC struggled to clear the USD 60,900 and USD 61,000 levels. It is currently (11:56 UTC) declining, with a risk of more losses below USD 59,500. Similarly, most major altcoins are struggling to start a fresh increase. ETH topped near USD 4,350 and…
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