Category: Uncategorized
-

“Running Bitcoin” half marathon will commemorate Hal Finney
[ad_1] Fran Finney, the widow of early Bitcoin contributor Hal Finney, announced a charity half marathon in honor of her husband via Twitter on Dec. 27. The event is called “Running Bitcoin.” It aims to collect funds for research into treatment for ALS, or amyotrophic lateral sclerosis. Hal Finney was diagnosed with the disease in…
-

Bitcoin volatility index hits historic all-time low
[ad_1] BTC volatility index The chart above represents the BTC volatility index since February 2017. The metric fell to the level of 20.00 towards the end of 2022 and kept falling to see its lowest in BTC history at 11.46. Before 2022, the all-time low for this metric was recorded around just above 20.00 during…
-

Less than 0.5% Nigerians have used the country’s CBDC e-Naira a year after its launch
[ad_1] Nigeria’s Central Bank Digital Currency (CBDC) e-Naira is failing because of low adoption rates while the government is trying to drive adoption higher, Bloomberg News reported. The E-Naira was launched in October 2021 and has been live for 14 months as of December but the adoption rate remains low. Current numbers indicate that only…
-

Terra Classic regains $1B market cap following Boxing Day surge
[ad_1] Terra Classic (LUNC) surged over Boxing Day, triggering a market cap spike above $1 billion. A local bottom in market cap valuation was found at $763 million on Dec. 21. Since then, buying activity has led to an uptrend that accelerated into a sharp, near-vertical movement on Dec. 26. The spike peaked at $1.09…
-

The bullish case for Bitcoin as 2022 comes to an end
[ad_1] The price of Bitcoin (BTC) saw drastic falls throughout 2022 and is trading at $16,877.39 as of press time — down more than 66% from its all-time high price of over $68,000 in November 2021. Most investors consider price as the most important metric of growth. While the price of Bitcoin gives little reason…
-

Cryptocurrencies are outpacing inflation – but traditional assets are not
[ad_1] Aside from bringing the world to a standstill, the 2020 pandemic brought on the largest fiscal stimulus program ever seen. Two of the largest central banks in the world — the U.S. Federal Reserve and the European Central Bank (ECB) — saw their balance sheets double in less than a year. The Federal Reserve…
-

Amid the arctic blast, Texas miners voluntarily shut down or curtail operations
[ad_1] Bitcoin miners are again showcasing how they can play an essential role in the energy infrastructure as miners shut down or limit production to support the ecosystem in Texas. Texas is facing a hard freeze warning amid a winter storm originating in the Arctic region, causing the most significant surge in cold air since…
-

Dogecoin leads the top 10 for second consecutive day
[ad_1] Over the last 24 hours, the cryptocurrency market cap saw net inflows of $1.51 billion and currently stands at $812.93 billion — up 0.18%. Bitcoin and Ethereum’s market caps grew 0.08% to $324.28 billion and 0.4% to $149.70 billion, respectively. The top 10 cryptocurrencies traded essentially flat with upside bias over the last 24…
-

Bitcoin closes year with 26th largest market cap globally
[ad_1] Bitcoin (BTC) heads into the Christmas period with the 26th largest market cap at $324.68 billion, just below Mastercard with $328.35 billion. Ethereum (ETH), on the other hand, ranks 77th on the list with a $147.60 billion market cap, while Tesla loses its place amongst the top 10 and places 13th with $395.82 billion.…
-

Bitcoin miners increased hash rate and production despite falling BTC prices in 2022
[ad_1] The price of Bitcoin (BTC) fell by 64.68% to $16,870 from around $47,766 at the beginning of the year, CryptoSlate data shows. At the same time, share prices of Bitcoin mining companies fell by 91% on average from their 52-week high prices, according to Compass Mining. However, this has not deterred mining firms from…