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A recent report published by market strategists from the investment bank and financial services company UBS says that the upcoming Mt Gox payouts won’t destabilize bitcoin’s value. While a new supply will come to the market, UBS strategists insist that “it would be less concentrated.” UBS Market Strategists Believe Mt Gox Payouts Won’t Destabilize Bitcoin’s … Read more
As of Feb. 7, 2023, the value locked in 11 Ethereum-based liquid staking protocols has risen above $11 billion, with Lido, Coinbase, and Rocket Pool recording 4-10% gains over the past month. Lido holds more than 73% of the total value locked (TVL) out of the 6.87 million ether held by the 11 liquid staking … Read more
Last week Bitcoin.com News reported on two old bitcoin addresses created in 2013 sending 10,001 bitcoin to a myriad of wallets. Heuristics and clustering techniques indicate that the bitcoins were associated with Mt Gox, roughly around the same time the exchange was hacked in June 2011. Five days later, 5,000 bitcoins were transferred from a … Read more
In two days’ time, bitcoin’s price dropped to fresh August lows as it dipped below the $20K per unit region for the first time since mid-July. During that time, two addresses created on December 19, 2013 sent 10,000 bitcoin worth $203 million to unknown wallets after sitting idle for close to nine years. Onchain data … Read more
If you’ve been into cryptocurrencies long enough, you’d know that the price of bitcoin changes very often. There are plenty of bitcoiners who buy the dips and sell the tops, but those plays can have potential risks that people just holding their assets don’t have to face. Now, these types of investors are purchasing small … Read more
The Bitcoin Cash (BCH) community, developers, and businesses that support the decentralized currency are preparing for “Change the Address Day” scheduled for January 14. At that time the BCH network and its participants will upgrade the protocol’s address format to one proposed by Bitcoin ABC developer Amaury Séchet. Also read: Korean Cryptocurrency Exchange Youbit to Close … Read more
