Bitcoin News / Bitcoin.com - 1 year ago
Tether, the stablecoin company, has launched native USDT, the largest dollar-pegged stablecoin, on The Open Network (TON). With this addition, over 900 million Telegram users can seamlessly transfer digital dollars, without having to type crypto addr...
Bitcoin News / Bitcoin.com - 1 year ago
The first bitcoin futures contracts listed on B3, the stock exchange in Brazil, experienced significant interest from investors on debut day. According to a note delivered by the stock operator, 7,400 bitcoin futures contracts were traded, with the i...
Bitcoin News / Bitcoin.com - 1 year ago
Based on the latest data, the yield curve of the U.S. Treasury, which charts the yields for two-year and ten-year bonds, has remained inverted for a total of 656 days. This latest inversion joins previous records set in 1929, 1974, and 2008, all of w...
Bitcoin News / Bitcoin.com - 1 year ago
Amid ongoing global tensions, the price of gold remains robust at $2,391 per troy ounce, while bitcoin continues to trade at a 12% deficit from its peak value. Recently, the U.S. House of Representatives approved a series of funding bills for Ukraine...
Bitcoin News / Bitcoin.com - 1 year ago
Solana developers have successfully pushed a series of fixes to address network congestion issues. On April 15, Solana urged validators to update to v1.17.31, a version that changes how certain validators are treated depending on their stake. Further...
Bitcoin News / Bitcoin.com - 1 year ago
Recent data over a seven-day period ending April 21, 2024, shows that non-fungible token (NFT) sales have declined by 25.48%, totaling approximately $236.96 million. Bitcoin dominated the NFT market this week, contributing $111.8 million to the overa...
Bitcoin News / Bitcoin.com - 1 year ago
After experiencing a period of high fees, onchain transfer costs on the Bitcoin network have decreased significantly. On Friday, the fees peaked at $240 per transaction, but by now they have fallen to just $11.06 each. Since reaching block height 840...
Bitcoin News / Bitcoin.com - 1 year ago
In the past 24 hours, the meme coin crypto economy has risen by 9.6% against the U.S. dollar. The Solana-based meme token BONK emerged as the day’s top performer, climbing 41.8%, while FLOKI saw an 18.7% increase. Top Meme Coins Register Impres...
Bitcoin News / Bitcoin.com - 1 year ago
While the BRC20 token economy’s market valuation surpasses $2.8 billion, according to one leading market cap aggregation website, tokens derived from the Runes protocol are beginning to experience price discovery following the launch of the new...
Bitcoin News / Bitcoin.com - 1 year ago
Last weekend witnessed a significant decline in Bitcoin prices that continued throughout the week, resulting in a $4,500 drop and erasing $167 million in BTC long positions within just an hour. Despite this turbulence, onchain analyst Willy Woo forec...
Bitcoin News / Bitcoin.com - 1 year ago
A Nigerian startup specializing in blockchain-based payments and remittances has entered into a partnership arrangement with the stablecoin issuer Tether. The arrangement is expected to extend the benefits of stable digital transactions to a larger n...
Bitcoin News / Bitcoin.com - 1 year ago
In a significant turn of events, former FTX CEO Sam Bankman-Fried has agreed to a settlement with investors, providing crucial cooperation in ongoing lawsuits against high-profile celebrities. The settlement, pending court approval, could mark a pivo...
Bitcoin News / Bitcoin.com - 1 year ago
JPMorgan Chase CEO Jamie Dimon has doubled down on his anti-bitcoin stance, emphasizing that the crypto is a fraud with no future as a currency. “It’s a Ponzi scheme,” the executive stressed. However, despite his strong o...
Bitcoin News / Bitcoin.com - 1 year ago
The U.S. Internal Revenue Service (IRS) has released a draft tax Form 1099-DA for reporting digital asset proceeds from broker transactions. Brokers, including unhosted wallet providers, are required to report proceeds from digital asset dispositions...
Bitcoin News / Bitcoin.com - 1 year ago
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Bitcoin News / Bitcoin.com - 1 year ago
A new bill co-sponsored by Senators Cynthia Lummis and Kirsten Gillibrand, aimed at regulating stablecoins, has drawn criticism for potentially stifling innovation and breaching First Amendment rights. The bill includes a provision that bans all R...
Bitcoin News / Bitcoin.com - 1 year ago
Since the halving, miners have successfully extracted 93 blocks, accumulating a significant 1,087.99 bitcoins valued at approximately $71.04 million solely from transaction fees. As of 2:00 p.m. EDT on Saturday, the current metrics indicate a high-pr...
Bitcoin News / Bitcoin.com - 1 year ago
Following the Bitcoin halving event, onchain fees climbed to over $240 per transaction just an hour later, and as of now, a high-priority transfer costs between $52 and $78 per transaction at 10:30 a.m. Eastern Time on Saturday. The increasing fees h...
Bitcoin News / Bitcoin.com - 1 year ago
In the ever-evolving landscape of cryptocurrencies and financial markets, few events generate as much anticipation and excitement as the Bitcoin halving. As this phenomenon approaches, there’s a palpable buzz in the air, with enthusiasts and in...
Bitcoin News / Bitcoin.com - 1 year ago
Bitcoin’s market value has experienced significant shifts following the recent halving event at block height 840,000, which saw onchain fees soar beyond $240 per transaction. This pivotal change coincides with a notable fluctuation in price, d...
Bitcoin News / Bitcoin.com - 1 year ago
In the 12 hours following the introduction of the Runes protocol, bitcoin miners have collected substantial fees as the rush to mint runes now dominates block space. Presently, numerous runes exist on the Bitcoin blockchain, with several being offere...
Bitcoin News / Bitcoin.com - 1 year ago
Since the halving, 63 blocks have been mined, and bitcoin miners have accumulated substantial fees following a dramatic increase in the fee rate. This surge took the cost per transaction from $18 to over $245, recorded at 9:00 p.m. EDT on Friday even...
Bitcoin News / Bitcoin.com - 1 year ago
The Nigerian central bank governor has refuted claims that the bank is using the country’s foreign exchange reserves to shore up the naira. The governor attributes the decline in reserves to debt repayments and other payments, which are made be...
Bitcoin News / Bitcoin.com - 1 year ago
The Reserve Bank of Zealand has said the proposed digital version of the country’s physical cash would provide universal access to central bank money, either in physical cash or digital form. According to the central bank, the digital version w...
Bitcoin News / Bitcoin.com - 1 year ago
The U.S. dollar is likely to remain the world’s dominant reserve currency due to the absence of credible challengers. Morgan Stanley suggests that the Chinese yuan, often considered a potential rival to the U.S. dollar, currently falls short and is u...
