Bitcoin is on track for its fifth straight month of gains, despite a volatile market environment. Bitcoin heads for fifth consecutive monthly green candle amid rollercoaster market conditions
Quick Take In an environment marked by tumultuous swings, Bitcoin is marching toward its fifth consecutive higher monthly close, resting roughly 1% higher than the Jan. 2024 opening value of $42,278. This month was a rollercoaster ride for the digital asset, with peaks touching $49,000 and troughs sinking to roughly $38,500. The volatility was stoked
The post Bitcoin heads for fifth consecutive monthly green candle amid rollercoaster market conditions appeared first on CryptoSlate.
In a span of two weeks, whale accounts have removed a total of 100,000 bitcoins from trading platforms. Whale entities withdraw 100,000 BTC from exchanges in two weeks
Quick Take The Bitcoin landscape has witnessed a compelling shift over the past two weeks, with whale entities, defined as network clusters holding at least 1,000 BTC, consistently withdrawing more from exchanges than depositing. As per the data collated from Glassnode, approximately 100,000 BTC have been withdrawn, marking a scarcely seen trend sustained for 14
The post Whale entities withdraw 100,000 BTC from exchanges in two weeks appeared first on CryptoSlate.
Coinbase taps former UK Treasurer who warned of ‘run on pound’ in 2008 for Advisory Council Coinbase taps former UK Treasurer who warned of ‘run on pound’ in 2008 for Advisory Council
In a move to bolster its global expansion efforts, Coinbase has enlisted George Osborne, a prominent figure in U.K. politics and finance. Osborne, known for his tenure as the U.K.’s Chancellor of the Exchequer (Treasury) from 2010 to 2016 and his contributions to the country’s economic and financial policies, joins Dr. Mark T. Esper, former
The post Coinbase taps former UK Treasurer who warned of ‘run on pound’ in 2008 for Advisory Council appeared first on CryptoSlate.
Sui concludes January by setting a new all-time high and experiencing a significant surge in decentralized finance indicators. Sui ends January with new ATH and soaring DeFi metrics
Layer1 blockchain network Sui is ending the month as one of the best-performing digital assets, according to CryptoSlate’s top gainers list. According to the list, SUI gained around 75% during the past 30 days to post a new all-time high of $1.64 on Jan. 30, surpassing its previous high of $1.43. However, its value has
The post Sui ends January with new ATH and soaring DeFi metrics appeared first on CryptoSlate.
Does the Bitcoin Power Law framework provide a more accurate representation compared to the Stock-to-Flow model? Is the Bitcoin Power Law model more realistic than Stock-to-Flow?
Since finance YouTuber Andrei Jikh recently covered the so-called Bitcoin Power Model, there has been a notable debate within the Bitcoin community around its viability. Jikh opened his video entitled “2024 Bitcoin Price Prediction (CRAZY!)” by stating, “Today I want to show how a simple math rule that’s able to predict patterns of the universe has
The post Is the Bitcoin Power Law model more realistic than Stock-to-Flow? appeared first on CryptoSlate.
British officials have confiscated Bitcoin worth approximately 1.4 billion pounds connected to a fraudulent investment operation originating from China. UK authorities seize £1.4 billion in Bitcoin linked to Chinese investment fraud scheme
U.K. authorities seized 61,000 BTC valued at approximately £1.4 billion (or $1.78 billion) related to an investment fraud that operated in China, the Financial Times reported. The mastermind behind the fraud, Zhimin Qian, converted part of the profits from a £5 billion investment scam operated in China between 2014 and 2017 into the top cryptocurrency
The post UK authorities seize £1.4 billion in Bitcoin linked to Chinese investment fraud scheme appeared first on CryptoSlate.
Chris Larsen, the co-founder of Ripple, had his XRP wallet compromised, with an estimated $112 million worth of digital assets stolen. Ripple co-founder Chris Larsen’s XRP wallet hacked for estimated $112 million
Chris Larsen, executive chairman and co-founder of Ripple, said on Jan. 31 that several of his personal XRP accounts had been hacked. He wrote in a post on X: “Yesterday, there was unauthorized access to a few of my personal XRP accounts (not Ripple) – we were quickly able to catch the problem and notify
The post Ripple co-founder Chris Larsen’s XRP wallet hacked for estimated $112 million appeared first on CryptoSlate.
QRDO Foundation and EQ LAB have revealed a collaborative partnership aimed at introducing the Warden Protocol.
by chainwire
Cayman Islands, Cayman Islands, January 31st, 2024, Chainwire The QRDO Foundation, dedicated to the growth and development of the QRDO ecosystem, has announced a strategic partnership with EQ LAB, a leading blockchain developer lab, to launch the Warden Protocol. This initiative accelerates the upcoming launch of the Warden Protocol, an intent-based interoperability protocol built on
#blockchain #crypto, #decentralized, #distributed, #ledger
Learn about the 9 most common types of sourcing, including outsourcing, insourcing, near-sourcing, single sourcing and more.
The post What are the different types of sourcing? appeared first on IBM Blog.
Unleashing the Capabilities of Bitcoin: Presenting Merlin Chain, an Inherent Layer 2 Solution.
by chainwire
NewYork, United States, January 31st, 2024, Chainwire This week, the much-anticipated Bitcoin L2 solution Merlin Chain went live on its testnet, while its mainnet is scheduled to be launching within a month as well. Bitcoin’s Network Congestion Dilemma and Scaling Solutions The evolution of Ordinals over the past year has brought the attention back to
#blockchain #crypto, #decentralized, #distributed, #ledger