Category: Uncategorized

[ad_1] Ad More than 100,000 Bitcoin (BTC) have been transferred to self-custody storages since the beginning of the year, according to Glassnode data analyzed by CryptoSlate. The chart below represents the amount of illiquid BTC with the orange line since the beginning of January. BTC Illiquid supply in January (Source: Glassnode) According to the chart,…

[ad_1] Ad A survey of U.S. crypto investors found that 58% of the sample size reported crypto holdings on their taxes in 2022 — up 4% year-over-year — while 31% did not report and 11% of the sample size declined to answer. The survey was conducted by CoinLedger in December 2022 and included 305 American…

[ad_1] Ad Layer-2 network Optimism airdropped 11.7 million tokens to over 300,000 wallets on Feb. 9, increasing its OP token circulating supply to 234.74 million. Following the news, the OP token fell by 13% in the last 24 hours to $2.33 as of press time, according to CryptoSlate data. OP is one of the best-performing digital…

[ad_1] Ad The cryptocurrency market cap saw net outflows of $48.8 billion over the last 24 hours and currently stands at $1.013 trillion — down 4.6% from $1.062 trillion. Over the reporting period, Bitcoin and Ethereum’s market cap fell 4.3% and 6% to $419.68 billion and $188.34 billion, respectively. The top 10 crypto assets all…

[ad_1] Ad Crypto exchange Kraken will discontinue its staking services as part of a settlement with the SEC, according to a press release from the regulator on Feb. 9. There, the U.S. Securities and Exchange Commission charged Kraken with failing to register its cryptocurrency staking service as a security offering. The regulator said that Kraken…

[ad_1] Ad The Federal Reserve Bank of New York said in a Feb. 9 report that Bitcoin performs more kin to a precious metal like gold but warns that it can never replace the US dollar due to volatility.  Using a quantitative methodology known as principal components analysis, the researchers examined the price of Bitcoin around…

[ad_1] Ad Lawmakers from the Mississippi Senate have passed a legislative bill to legalize Bitcoin mining in the state and protect miners from discrimination. The Mississippi digital asset mining bill was introduced to the house by Senator Josh Harkins. The lawmaker explained that the mining sector has the potential to stabilize the power grid and…

[ad_1] Ad A strong performance sees NEO touch $10.73 for the first time since August 2022. The chart below shows since the start of the new year, NEO’s price performance has largely matched that of the market leader, Bitcoin. However, a noticeable difference lies in NEO’s continuation of form. From Feb. 02, BTC topped out…

[ad_1] Peer-to-Peer marketplace LocalBitcoins is discontinuing its services from Feb. 17, according to a Feb. 9 company statement. New sign-ups will be suspended as of Feb. 9, followed by the suspension of trading on the platform and use of LocalBitcoins wallet on Feb. 16, according to the statement. “[…]We have regretfully concluded that LocalBitcoins can…