Category: Latest news

[ad_1] Australian rapper Iggy Azalea has made waves in the digital assets community by launching her Solana-based MOTHER token, a meme coin that has seen a meteoric rise in value despite its lack of intrinsic utility. Simultaneously, she has reignited a feud with Ethereum co-founder Vitalik Buterin and announced plans to integrate her crypto venture…

[ad_1] Quick Take On May 28, Semler Scientific unveiled its Bitcoin treasury strategy, following the path of companies like MicroStrategy and Metaplanet. This announcement has had a positive impact on Semler’s stock, which has surged by 10%, contrasting with MicroStrategy’s slight decline of over 2% and Bitcoin’s modest 2% rise since May 27. Before the…

[ad_1] Loopring, an Ethereum ZK-Rollup protocol, reported on June 9 that some of its smart wallets were exploited for an undisclosed sum. Following the news, Loopring’s LRC token dropped by approximately 4%, hitting a four-month low of $0.21, according to CryptoSlate’s data. $5 million lost Blockchain security firm Cyvers Alert reported that the breach led…

[ad_1] The post Bitcoin’s corporate takeover: Why non-crypto companies are buying BTC appeared first on CryptoSlate. [ad_2] Source link

[ad_1] Onchain Highlights DEFINITION: The percentage of futures contracts open interest that is margined in the native coin (e.g., BTC) and not in USD or a USD-pegged stablecoin.  Bitcoin’s futures market is undergoing a notable shift, as reflected in the declining percentage of crypto-margined futures open interest across all exchanges. Data from Glassnode highlights a…

[ad_1] The following is a guest post from Christina Comben. With a current market cap of just over $20 million, you’d be forgiven for not having heard of Verified USD (USDV). The newcomer in the stablecoin market soft-launched on Ethereum in November 2023 and is steadily rolling out its native omnichain capabilities to further ecosystems.…

[ad_1] Stronghold Digital Mining reported a 47.1% decline in its monthly Bitcoin mining output in May. The firm mined 82 BTC during the first full month following the halving, compared to 155 BTC in April. Meanwhile, revenues for the month came in at $5.2 million, a 46% drop from the previous month. Stronghold explicitly attributed…

[ad_1] Onchain Highlights DEFINITION: The number of unique accumulation addresses. Accumulation addresses are defined as addresses that have at least two incoming non-dust transfers and have never spent funds. Exchange addresses and addresses received from coinbase transactions (miner addresses) are discarded. To account for lost coins, addresses that were active more than seven years ago…

[ad_1] Onchain Highlights DEFINITION: Lost or HODLed Bitcoins indicate moves of large and old stashes. They are calculated by subtracting Liveliness from 1 and multiplying the result by the circulating supply.  Bitcoin’s “Hodled or Lost Coins” metric, as tracked by Glassnode, has reached notable levels, reflecting long-term trends in investor behavior. Glassnode estimates approximately 7.7 million…

[ad_1] The following is a guest article from Vincent Maliepaard, Marketing Director at IntoTheBlock What is BlackRock’s BUIDL Fund? The BUIDL fund, formally known as the BlackRock USD Institutional Digital Liquidity Fund, represents BlackRock‘s venture into tokenized assets on a public blockchain. Utilizing the Ethereum network, BUIDL invests in cash, short-term debt securities, and U.S.…