Those expecting another Bitcoin (BTC) speculative price dip are looking in the wrong place, one of the industry’s best-known analysts suggests. In a Twitter discussion on Dec. 20, Willy Woo, creator of on-chain data resource Woobull, said that popular retail exchanges will not spark a further BTC price rout. U.S. retail stays calm throughout the rout Woo was debating the…
Month: December 2021
Former Acting Comptroller of the Currency joins Voyager Digital’s board
Crypto trading platform Voyager Digital announced Bitfury CEO and former Acting Comptroller of the Currency Brian Brooks has joined the firm’s board of directors. In a Monday announcement, Voyager chair Philip Eytan said Brooks had joined the board as an “independent, non-executive director,” citing the former comptroller’s experience at crypto companies and his leadership behind regulatory initiatives in the United…
Terra’s UST Flips DAI to Become Fourth-Largest Stablecoin
Terra’s U.S. dollar-pegged stablecoin UST has overtaken Maker’s equivalent DAI. The former now boasts a total market cap of just over $9 billion, while the latter is still below $9 billion. This makes UST the No. 4 stablecoin on the market—but it’s very different from the three that sit above it. While top stablecoin Tether (USDT) and No. 2 stablecoin…
Crypto Economy Loses 3% Overnight, Bitcoin Slides Below $46K, Analyst Says ‘Downward Force Still Strong’ – Bitcoin News
The crypto economy has slid in value 2.9% during the last 24 hours and bitcoin slipped under the $46K price zone on Monday. Furthermore, the top ten digital currencies have lost anywhere between 3% to 7% in value during the last day following bitcoin’s price slide. Top Ten Crypto Coins See More Losses, Crypto Economy Slides Close to 3% in…
0.01% of Bitcoin holders control 27% of all circulating coins: Study
Less than 1% of the biggest Bitcoin (BTC) hodlers are allegedly controlling more than a quarter of all BTC in circulation, according to a new study. The National Bureau of Economic Research, an American private nonprofit research organization, released a study claiming that 10,000 Bitcoin accounts, or 0.01% of all BTC holders, own 5 million BTC, or 27% of all…
Silk Road Ross Ulbricht Lawsuit Dismissed
A federal court in Arizona has dismissed a religious rights lawsuit filed in May by convicted Silk Road founder Ross Ulbricht against the Federal Bureau of Prisons, according to an order signed by U.S. District Judge David Bury on December 13. Ulbricht, 37, claimed through an attorney that prison officials at USP Tucson were burdening his right to exercise his…
Solana Game Mini Royale: Nations Hits 2M Players After NFT Launch
In brief Mini Royale: Nations, a web-based online shooter, recently added Solana NFTs. The game now has more than 2 million total registered users. Last week, first-person shooter Mini Royale: Nations became the first live multiplayer game to run on Solana following the launch of its first in-game NFT items. Now developer Faraway has marked a new milestone, doubling the…
Bitcoin.com to Give Away $25,000 In “December to Remember” – Promoted Bitcoin News
In light of the holiday season, and to celebrate a fantastic year for economic freedom enhancing technologies like Bitcoin, Bitcoin Cash, Ethereum, NFTs, DeFi, Play-to-earn games, and more, Bitcoin.com is giving away more than $25,000 in cash prizes between now and the end of the year. $20,000 Raffle For every order of $200 or more, you’ll be entered to win.…
Facebook Is So Serious About the Metaverse It Paid a South Dakota Bank $60M for the Meta Name
In brief Facebook spent $60M to buy “Meta” trademarks from a South Dakota bank. The deal is unusual because the bank doesn’t have any associations with the metaverse. How big are Facebook’s ambitions for the metaverse? So big that the social media giant recently paid a South Dakota bank $60 million just to acquire the trademark rights associated with its…
Dubai World Trade Centre to create new crypto hub and become regulator
The United Arab Emirates (UAE) continues to emerge as one of the world’s biggest cryptocurrency-friendly jurisdictions as the government of Dubai has a new initiative to support local crypto development and regulation. The Dubai World Trade Centre (DWTC), a government-owned event and exhibition venue in Dubai, will become a comprehensive zone and regulator of cryptocurrencies, products, operators and exchanges, DWTC…