Category: Latest news

[ad_1] Quick Take Bitcoin, the flagship digital asset, recently climbed to as high as $57,000 – a peak not seen since November 2021. BTCUSD: (Source: TradingView) Despite a subsequent minor fallback to around $56,000, the 24-hour span saw a remarkable price swing of $7,000, with the digital asset appreciating by approximately 5.4%. This marks the…

[ad_1] Open interest, the total number of outstanding derivative contracts that have not been settled, is an important metric for gauging market health and sentiment. An increase in open interest means new money entering the market, showing heightened trading activity and interest in Bitcoin. Conversely, a decline suggests closing positions, potentially indicating a change in…

[ad_1] As new information emerges that could potentially identify the creator of Bitcoin, speculation on the matter is being met with backlash on social media. Jack Mallers, founder and CEO of Bitcoin payment app Strike, said: “You guys gotta stop speculating on who Satoshi [Nakamoto] is … it’s so fiat … it’s childish … you…

[ad_1] Bitwise researcher Ryan Rasmussen believes there is a 50% chance that spot Ethereum ETFs will gain approval in the coming months. Rasmussen shared his insights on the odds during a Feb. 26 interview with Yahoo Finance. He said: “I certainly don’t know if the market is necessarily at a point that the SEC would…

[ad_1] Bitcoin has broken the $53,000 level for the first time since Dec. 4, 2021, and is currently sitting around $53,538 as of press time.  Ethereum is also up on the day, surpassing $3,150, an increase of 4% on the intra-day low. However, the strength of the Bitcoin-led rally can be seen in the ETH-BTC…

[ad_1] Bitcoin‘s pseudonymous creator, Satoshi Nakamoto, is currently the 26th richest human being on the planet based on the amount of BTC he is presumed to have owned. Nakamoto famously holds a little over $1 million Bitcoin in a wallet that has been dormant for more than a decade, which is also the primary reason…

[ad_1] Bitcoin (BTC) surged 6% on Feb. 26 to a new two-year high of $54,910 after US markets began trading, an indication of rising interest in the flagship crypto from retail and institutional investors. Bitcoin was trading at roughly $54,650 as of press time, up 5.6% on a daily basis, with a market cap of…

[ad_1] A group of Senate Republicans, led by Senator Ted Cruz of Texas, is taking legislative steps to restrict the Fed’s capacity to introduce a central bank digital currency (CBDC), spotlighting the issue as a potential focal point in the 2024 presidential campaign discussions. The legislative effort reflects broader concerns over privacy and the role…

[ad_1] Avail, a blockchain infrastructure project, raised $27 million in its seed funding round led by notable venture capital firms Founders Fund and Dragonfly, according to a Feb. 26 statement shared with CryptoSlate. The raised capital will fuel the development of Avail’s three fundamental products: Data Availability (DA), Nexus, and Fusion. These components, forming what…

[ad_1] Crypto mixer Tornado Cash has reportedly fallen victim to a significant backend exploit that has put user deposits and sensitive data at risk. The security breach was revealed in a Medium post by Gas404, a community member, on Feb. 26. The exploit represents a critical vulnerability for Tornado Cash, whose trading volume already suffered…