Browsing: BTC

bitcoin-supply-in-loss-at-68%-after-btc-price-drop-from-$31k-local-top

Bitcoin supply in loss has risen to 68%, with 6.67 million BTC under water water at current spot price. Indeed, on-chain data shows 2.71 million BTC has fallen into loss as Bitcoin price dropped from the $31k local top. With sell-side risk ratio approaching its all-time lows, Glassnode analyst James Check says BTC could see

Read More
earn-up-to-8%-annually-on-bitcoin-with-active-rewards

Today we’re introducing a new way to earn up to 8% annually on your Bitcoin (BTC): Active Rewards.For those who have a market view on where the price of Bitcoin will go, Active Rewards can be used to maximize your potential rewards at up to 10x the rate of Passive Rewards (formerly “Rewards”).What is Active Rewards?Active Rewards

Read More
us-government-plans-to-sell-41,490-btc-connected-to-silk-road

The US government sold 9,861 bitcoin on 14 March, netting over $215 million. 41,490 BTC remain from over 51,000 seized in November and will be sold in four batches this year. Court documents show that bitcoin is connected to the darknet market Silk Road. The US government, which says it recently sold 9,861 bitcoin (BTC)

Read More
bitcoin-hits-5-month-high-as-bulls-push-btc-above-$23k

Bitcoin hit highs of $23,342 on Binance, with a breakout above $22k extending year-to-date gains. BTC price is up 30% in a month and has recovered 47% since the decline to $15,500 lows. Short liquidations were around $376 million in the past 24 hours. Bitcoin price roared to highs above $23,000 on Saturday morning, rising

Read More
‘fear-of-the-unknown’-holds-back-tradfi-investors-from-crypto-—-bloomberg-analyst

Bloomberg crypto analyst Jamie Coutts believes it’s a “missed opportunity” that traditional asset managers choose not the educate themselves on crypto. Jamie Coutts, Crypto Market Analyst for Bloomberg Intelligence argues that “falsehoods” and “fear of the unknown” is what has been holding back traditional portfolio managers from investing in cryptocurrency. Speaking to Cointelegraph during the Australian

Read More
netherlands-based-coinbase-customers-required-to-submit-kyc-data-when-transferring-crypto-off-the-platform

Coinbase has announced that the company plans to introduce a number of changes for customers in the Netherlands in order to comply with the 1977 Sanctions Act, a law that recently applied know-your-customer (KYC) guidelines to non-custodial wallets. If the person living in the Netherlands wants to send crypto to a third-party wallet via Coinbase,…

Read More
bitcoin-daily-mining-revenue-slumped-in-may-to-eleven-month-low

Bitcoin miners have had a tough month, with revenue and profitability tanking in May. Hash rates remain high, however. Bitcoin (BTC) mining revenue and profitability have continued to slide along with the asset’s price this year as the crypto winter deepens.May has been one of the worst months for Bitcoin miners in the past year…

Read More