Bitcoin Represents 53% of Clients’ Portfolio Holdings in LatAm: Bitso
Bitcoin (BTC) makes up 53% of user portfolios in Latin America, reveals crypto exchange platform Bitso’s latest Crypto Landscape report. “By the end of 2023, Bitcoin represented 53% of clients’ portfolios in Latin America,” the platform noted. Source: Bitso In the face of
Grayscale: Bitcoin Miners to Lean on Ordinals for Revenue Boost as Halving Cuts Rewards
In the coming months, Bitcoin is set to undergo a significant event known as “halving,” which will reduce the reward for Bitcoin miners who successfully complete a block. This event, scheduled for mid-April 2024, has historically been viewed as a bullish
Cheap Energy Cost Fuels Chinese Bitcoin Miners Migration to Ethiopia
Ethiopia has become a lucrative destination for Bitcoin miners with lower energy costs and friendly government policies driving the move. According to Bloomberg, Bitcoin miners from China and other countries are setting up shop in the East African country followed by
Ethereum Validator Queue Reaches Highest Level Since October Amid Renewed Interest in Staking
The Ethereum network is experiencing a surge in the number of validators seeking to stake their Ethereum (ETH). According to data source ValidatorQueue, the validator entry queue currently stands at 7,045, representing over 225,000 Ether (equivalent to $562 million), its highest
Bitcoin ETFs Soar to $10B AUM & BTC Trades at $48.5K
Bitcoin ETFs Soar to $10B AUM & BTC Trades at $48.5K Bitcoin trades near $48,500, maintaining a bullish trajectory. Bitcoin ETFs hit a $10 billion milestone in assets under management within a month post-approval. Bitcoin continues its bullish journey, trading near $48,500, as
Bitcoin Breaks Above the $48000 Level: What’s Next?
Bitcoin Breaks Above the $48000 Level: What’s Next? Over the weekend, the price of Bitcoin made a breakout above $48,000, forming this morning’s high at the $48,814 level. The price of Ethereum rose to the $2540 level yesterday, forming a new February
What Happened to Gold After Breaking Below $2030?
What Happened to Gold After Breaking Below $2030? The price of gold fell to $2020 on Friday. The price of silver continues the previous bullish consolidation on Monday. Gold chart analysis The price of gold fell to $2020 on Friday. After consolidation in the
Australian Court Dismisses Allegations Against Block Earner’s DeFi “Access” Service
An Australian court has dismissed allegations relating to Block Earner’s DeFi “Access” service in a legal case brought by the Australian Securities and Investments Commission (ASIC). Justice Ian McNeil Jackman, who presided over the case, has delivered a split decision regarding
PlayDapp Suffers Security Breach with $32 Million PLA Token Exploited
The web3 gaming platform PlayDapp has suffered a major security breach, resulting in the unauthorized issue of 200 million PLA tokens. The blockchain security and analytics firm PeckShield Inc. spotted the breach on Feb. 10 and alerted PlayDapp about the exploit
South Korea Plans to Block Unlicensed Crypto Exchanges
South Korea plans to conduct virtual asset exchange inspections to expel ineligible platforms later this year. Authorities are contemplating an advanced suspension system for suspicious transactions. This would rapidly prevent the concealment of illicit funds during all stages of the investigation