Videos
The Bitcoin Supply Shortage | We Haven't Seen This Since 2015
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Month: May 2023
Doge
Dogecoin (DOGE) Active Address Spike Above 100K for the First Time in 9 Months
[ad_1] Dogecoin (DOGE) – the OG memecoin – was up by around 30% since the beginning of the month. It is trading above $0.09 and is currently rising on the backdrop of Elon Musk’s tweet […]
Ethereum
Bitcoin, Ether prices up as stocks tank on new bank fears
[ad_1] Bitcoin (BTC) and Ethereum (ETH) prices rose nearly 2% respectively as stocks plunged. The S&P 500 was down 1.5% as two bank stocks plummeted. BTC and ETH gains saw altcoins in the top 10 […]
Blockchain
Retail CBDCs bring unknown ‘consequences’ to financial system: IMF director
[ad_1] A myriad of unforeseeable “consequences” will be brought about by retail central bank digital currencies (CBDCs), the managing director of the International Monetary Fund has claimed. The IMF’s Kristalina Georgieva erred on the side […]
Cryptocurrency
Bitcoin Daily Transactions Hit All-Time High With 3 Million Ordinals Inscriptions
[ad_1] The total fees paid for Ordinal inscriptions topped 272 BTC, around $7.6 million on Tuesday, according to a Dune Analytics dashboard. On Monday alone, over 372,000 inscriptions were created on the Bitcoin network—contributing to […]
Mining
Bitcoin Hashrate Reaches All-Time High of 491 EH/s, Close to Half a Zettahash, as Network Preps for Next Difficulty Change – Mining Bitcoin News
[ad_1] While the next difficulty change for Bitcoin is just two days away, the network’s hashrate soared to unprecedented heights, reaching 491.15 exahash per second (EH/s) on May 02, 2023, at block height 787,895. This […]
Regulation
FBI, Ukraine seize 9 exchange domains on money laundering allegations
[ad_1] Nine digital currency exchanges allegedly aiding and abetting cybercriminals had their domains seized by the United States Federal Bureau of Investigation (FBI) and Ukrainian law enforcement. According to a May 1 press release, the […]
Finance
Analysts Warn of More Bank Failures, Possible Recession and Global Repercussions Caused by First Republic Bank Collapse – Finance Bitcoin News
[ad_1] The recent takeover of First Republic Bank, the fourth U.S. bank to fail this year, has awakened concerns about the possible repercussions this new failure might have on U.S. and international economies. While United […]
Technology
Chinese Government Pays Wages in Digital Yuan
[ad_1] In a bid to drive CBDC adoption, the Chinese government is pushing to pay state employees in digital yuan (e-CNY). Public Employees Receive Wages in Digital Yuan Considering it is arguably the most mature […]
Business
Venmo Offers Effortless Crypto Transfers for Customers
[ad_1] Venmo is launching a new crypto transfer feature. In a press release, PayPal, which owns the Venmo payment app, said that users will be able to transfer cryptocurrencies between Venmo wallets. They will also […]