Category Archives: Crypto News

A Ripple in the Cryptocurrency Sphere: Old Bitcoin Wallets Spring Back to Life, Transferring Over $50M in Antique Bitcoins Bitcoin’s value might have experienced a noticeable uptick from its last standing, but Bitcoin transfers from dormant wallets saw a surge last month. This trend didn’t skip a beat entering October: multiple 2014 Bitcoin wallets awakened,Continue reading “Bitcoin Wallets From a Decade Ago Stirring Up, Shifting Over $50 Million Worth of BTC in October Surge”

Weekend Performance: BCH and TRX Manage to Break Free from downfalls The digital currency sphere experienced a slightly positive trend this weekend, with some highlights being the reversal of the prior downward trend by Bitcoin Cash (BCH) and TRON (TRX). The cryptocurrency industry absorbed the recent U.S. Non-Farm Payroll report bringing marginal momentum into theContinue reading “Top Performers: BCH, TRX Break Losing Streak, Igniting the Weekend Surge”

The Rise of Bitcoin and Ethereum: A Technical Insight True to form, the ever-volatile world of Cryptocurrency sparked headlines this past weekend as Bitcoin climbed back above the $28,000 mark, seemingly energized by influential podcast host, Joe Rogan who purported it as a potential “universal viable currency.” Even the traditional metrics of economic health playedContinue reading “Technical Analysis on Bitcoin, Ethereum: BTC Soars Past $28,000 After Remarks by Joe Rogan and Sam Altman”

Pioneering Cryptocurrency Initiative by Bank of Korea and BIS Both the Bank of Korea and the Bank for International Settlements (BIS) recently unveiled their cutting edge project purposed to explore the potentiality and implementation of a wholesale central bank digital currency (CBDC). The CBDC is expected to be a significant asset for interbank transactions andContinue reading “BIS and Bank of Korea Teaming Up to Initiate Wholesale CBDC Pilot Program”

Workforce Downsized Once More at Blockchain Surveillance Company Chainalysis In what seems to be an unfortunate recurring theme this year, blockchain data analysis pioneer Chainalysis is once again having to let go of a sizeable portion of its workforce. This latest retrenchment news is another grim indicator of the ongoing hardships within the cryptocurrency nicheContinue reading “Chainalysis Initiates Additional Employee Layoffs Amid New Wave of Cryptocurrency Job Reductions”

As of October 6, 2023, Cardano, represented as ADA, stands as the eighth most significant cryptocurrency with a market capitalization of slightly over $9 billion. This figure accounts for 0.817% of the global cryptocurrency industry valued at $1.08 trillion. ADA has asserted itself as a critical player in this evolving digital currency landscape. This blogContinue reading “Understanding ADA: Unveiling the Story Behind Cardano’s Proof-of-Stake Blockchain Network”

An Total Rethink on the Actions by JPEX Crypto Exchange Recently, the reputable Hong Kong based cryptocurrency exchange, JPEX, made an unprecedented move. They converted the funds of their users into an internal token, dubbed as JPC. Intriguingly, JPEX has declared that the cash-out period for this fresh token will be no sooner than twoContinue reading “Breaking News: Hong Kong Cryptocurrency Exchange JPEX Transforms User Funds into Non-Liquid Digital Token”

Expanding Its Reach, Kraken Set to Stake Claim in Dutch Crypto Market With a new acquisition in the horizon, Kraken, a renowned cryptocurrency exchange platform is gearing up to expand its footprint in European cryptocurrency market. The acquisition target is Coin Meester B.V. or BCM, a prominent crypto broker based out of Netherlands. Kraken’s primaryContinue reading “Kraken Amplifies European Footprint Through Takeover of Netherlands-Based Crypto Brokerage”

Expectation in the Cryptocurrency Arena: Bitcoin ETF Applications Poised for Approval Within 3-6 Months by the SEC Industry stalwart, Steven Schoenfeld, well-known for his influential tenure at Barclays Global Investors (currently Blackrock), speculated recently that we could see a noteworthy green flag from the U.S. Securities and Exchange Commission (SEC) in the coming months. AccordingContinue reading “Expert Predicts SEC Green Light for All Bitcoin ETF Proposals in the Next 3-6 Months”