The price of bitcoin (BTC) fell sharply after Mt. Gox, the infamous cryptocurrency exchange that went bankrupt a decade ago, began moving billions worth of the cryptocurrency to a new wallet, Mt. Gox’s first bitcoin transfers in five years. So far the transactions total at least $9 billion worth of bitcoin. Bitcoin’s value dropped below […] Original
Spot Bitcoin (BTC) exchange-traded funds (ETFs) in the U.S. have recorded $0 net inflows for the fourth time since their launch in January. According to data provided by Farside Investors, spot BTC ETFs stood still on May 27 as the broader crypto market faced correction. Notably, this is also the first time in the past two weeks that Bitcoin ETFs recorded no inflows. Data shows that the BTC ETFs registered over $2 billion in net inflows between May 13 and 24. The total net inflows in the first two weeks…
Almost everybody โ all but 2% โ had at least heard of bitcoin (BTC). A wide segment of voters claimed they’re also familiar with Ethereum’s ether (ETH), with less than half (46%) saying they’d never heard of it. About 17% of voters say they’ve invested in bitcoin, putting that asset nearly as high as those who say they have bonds, and significantly higher than those who invest in exchange-traded funds (ETFs). Source
Floki, the self-proclaimed โDoge Killer,โ is taking a bite out of the memecoin market with a bark and a marketing blitz. The Shiba Inu-inspired cryptocurrency announced plans for its most aggressive marketing campaign yet, sending its token price skyrocketing. Related Reading Flokiโs Aggressive Marketing Push Flokiโs marketing director, Sabre, remained tight-lipped about the specifics, but promised the upcoming effort would dwarf anything theyโve done in the past two years. This news, coupled with the announcement of Floki futures trading on Coinbase coming May 30th, fueled a 24-hour price surge of…
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…
According to Look on Chain analysts, one of the earliest Bitcoin exchanges Mt. Gox has moved billions worth of crypto to an external address for the first time in years. Mt. Gox, which once dominated the crypto trading landscape by handling over 70% of global Bitcoin transactions, transferred approximately $3 billion in Bitcoin (BTC) to an unknown address. According to data from blockchain analytics firm Lookonchain, the exchange moved over $2.9 billion worth of BTC to 1JbezโฆLAPs6. The funds have since remained unmoved from this address. Mt. Goxโs holdings |…
In a recent post on X, renowned crypto analyst Alex Wacy outlined his perspectives on the current state of the crypto market and his top pick for an โunder-the-radarโ altcoin following the recent price surge of Ethereum. Despite its position as the 9th largest cryptocurrency by market capitalization, Wacy remains bullish on the potential of Toncoin (TON), a third-generation blockchain. โAltseason is coming while Ethereum shines. Now is the time to pick your biggest bets with high conviction. L1s are about to boom, and here is my under-radar pick!โ Wacy…
In the previous model, half of the fees in a priority transaction were erased while the other half went to the validators. This created a situation where validators were said to be making โside dealsโ with transaction submitters to get more SOL, as per proposal creator tao-stones on the Solana governance forum. Source
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…