Bitcoin’s next halving is coming soon, and over $1 billion has been moved off the exchange Coinbase’s Bitcoin holdings have been reduced to their lowest level in nine years after users transferred a large portion of their holdings from the exchange. A report from CryptoQuant indicates that 18,000 Bitcoin worth nearly $1 billion were moved
The leading cryptocurrencies may be immune to certain malicious attacks It’s no longer possible for nation-states to eliminate the Bitcoin and Ethereum networks via 51% attacks due to the high costs demanded to do so, according to a recent research study by crypto intelligence firm Coin Metrics. A 51% attack is when a malicious actor
An increase in interest and activity has Bitcoin reaching new heights Bitcoin’s market value among its circulating supply exceeded the $1 trillion market after its price surged beyond $51,000. The current distributed Bitcoin supply is 19,627,443 BTC, or 93.46% of its total, which has a hard cap of 21 million. The effect of rising favorable
Craig Wright is in court as he tries to defend his claim that he is Satoshi The long-awaited trial investigating Australian computer scientist Craig Wright’s claim that he is the pseudonymous author of the 2008 Bitcoin manifesto began in a UK high court on Monday, where a judge permitted Wright to add new proof to
Vanguard users are threatening to close their accounts as the company rejects cryptocurrency Asset management firm Vanguard’s decision not to permit purchasing of spot Bitcoin exchange-traded funds (ETF) on its platform has apparently driven some customers away. The Wall Street Journal reported on January 11 that Vanguard says it won’t offer spot Bitcoin ETFs on
Bitcoin’s birth is celebrated in October, but January marks its true introduction The original cryptocurrency has battled detractors, haters, and troublemakers since the first block of Bitcoin was mined fifteen years ago. It is now ranked as one of the top ten most valuable assets worldwide. Many celebrate the release of Bitcoin’s white paper on
Despite an increase in Bitcoin interest, there are now fewer ATMs than in January 2023 The number of established Bitcoin ATMs worldwide is approximately 11.1% fewer than at the beginning of 2023, reversing a 10-year trend in which the number increased at the onset of each year. Coin ATM Radar indicates there are 33,628 crypto
Rumors that a Bitcoin ETF may be approved in January have Google making preparations Google has revised its cryptocurrency-related advertising policy and will permit ads for US-based crypto trusts beginning in January, around the same time Bitcoin exchange-traded funds (ETFs) are expected to be authorized in the country. In its December 6 policy change log,
The newest branch of the Armed Forces supports the expansion of cryptocurrency Major Jason Lowery of the US Space Force says the US should formally investigate utilizing proof-of-work networks like Bitcoin (BTC) to protect from cyber-inflicted warfare. On December 2, Lowery demonstrated in a four-page letter to the US Defense Innovation Board that while Bitcoin
The document that started a financial revolution is celebrating its birthday 15 years ago, Bitcoin creator Satoshi Nakamoto shared the Bitcoin white paper with a list of cryptographers on October 31, 2008. The idea of cryptocurrency officially became mainstream conversation, and continues to slowly grow today. “I’ve been working on a new electronic cash system
A Mexican lawmaker believes it’s time to bring cryptocurrency into mainstream finance Mexico Senator Indira Kempis caused controversy when she introduced legislation in 2022 to produce a central bank digital currency (CBDC). She’s now making Bitcoin the focus of her current political efforts. The congresswoman from Nuevo León previously had little Bitcoin knowledge. Still, her
Social media posts that recently hinted at new withdrawal caps may have been fake The Coinbase cryptocurrency exchange has denied rumors that it had assessed a $5,000-per-week maximum on Bitcoin withdrawals after a customer post on social media claiming the new limit was valid started to gain momentum. A user made the claim in an
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