Like Bitcoin, the four Seasonal Tokens – Spring, Summer, Autumn and Winter – are produced by proof-of-work mining, and become scarcer over time. Once every nine months, the rate of production of one of the tokens is cut in half. The token that was produced at the fastest rate becomes the slowest. As the market […] Source: https://news.bitcoin.com/how-to-use-seasonal-tokens-to-get-bitcoins/
Month: April 2024
Trading for Wormhole (W) starts April 3 – deposit now
We’re thrilled to announce that Wormhole (W) is now available on Kraken! Funding and trading Funding for W is live and trading will begin on April 3. Add W to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Only deposit W on Solana. Deposits using other networks will be lost. Got W and a Kraken…
Owner of Thailand’s Largest Cryptocurrency Exchange Set to Go Public in 2025
Bitkub Capital Group Holdings, the owner of Thailand’s largest cryptocurrency exchange, reportedly plans to go public in 2025. Jirayut Srupsrisopa, the CEO of the holding company, revealed that Bitkub Capital Group is currently hiring financial advisers to assist with the listing. Enhancing Bitkub Capital Group’s Profile Bitkub Capital Group Holdings, the owner of Bitkub Online […] Source: https://news.bitcoin.com/owner-of-thailands-largest-cryptocurrency-exchange-set-to-go-public-in-2025/
‘Crypto: The Game’ Goes Bigger for Season 2—Can It Sustain the Hype?
The first season of Crypto: The Game was a viral, “Survivor”-inspired phenomenon that had players around the world competing in online and IRL challenges for a chance to win a prize pool of $115,000 worth of Ethereum (ETH). And everything is apparently bigger the second time around. Tickets to play in season 2 of Crypto: The Game are available today…
Meme Coins Are the Biggest Losers as Bitcoin Price Dips Below $65,000
After a powerful run in recent weeks, the crypto markets are bleeding red today. But Bitcoin isn’t the only coin suffering: some of the biggest 24-hour losers now are meme coins and tokens after rallying big time last week. Over the past day, Solana-based Bonk has shed over 12% of its value, and is now priced at $0.00002306, CoinGecko shows.…
US Bitcoin ETFs See $85.7M Outflow After 4 Days of Gains; Grayscale’s GBTC Leads the Dip
After four days of consecutive inflows, the U.S. spot bitcoin exchange-traded funds (ETFs) experienced a downturn, with $85.7 million flowing out during Monday’s trading hours. U.S. Spot Bitcoin ETFs’ Momentum Halted With $85.7M in Outflows, Spotlight on GBTC Between March 25 and March 28, 2024, the U.S. spot bitcoin ETFs enjoyed an upward trend, amassing […] Source: https://news.bitcoin.com/us-bitcoin-etfs-see-85-7m-outflow-after-4-days-of-gains-grayscales-gbtc-leads-the-dip/
Long-Term Bitcoin Holders Begin ‘Taking Chips Off the Table’ at Record Highs, Analysis Shows
A recent study by onchain analysts at Glassnode reveals a significant increase in profit-taking activities as bitcoin surged to a new all-time high (ATH) of $73,794, marking a notable phase in the cryptocurrency’s market dynamics. Glassnode Highlights Intensified Profit-Taking Amidst Bitcoin’s Rally to New Heights Glassnode’s 13th weekly 2024 onchain analysis indicates a strategic shift […] Source: https://news.bitcoin.com/long-term-bitcoin-holders-begin-taking-chips-off-the-table-at-record-highs-analysis-shows/
The Richest People in Crypto: 2024 Edition
Perhaps no sector contributes more colorful characters to the global elite than crypto. In the last decade, the digital assets industry has made zillionaires out of geeks, thieves, corporate suits, and shadowy, anonymous internet users in almost equal measure. Take, for instance, the anonymous hacker who stole more than $2 million worth of BTC and ETH from now-shuttered Hong Kong…
In 22 Days, Liquid Staking Platforms Witness a 340,000 ETH Decline
According to the most recent data, within the last 22 days, the volume of staked ether locked across various liquid staking derivative token platforms has seen a decline of 2.45%. This downward trend was observed across 27 unique platforms, culminating in a reduction of 340,000 ETH, valued at approximately $1.18 billion. $1.18 Billion Worth of […] Source: https://news.bitcoin.com/in-22-days-liquid-staking-platforms-witness-a-340000-eth-decline/
Bitcoin Dips Below $66,000 Ahead of Fourth Halving, Loses Over 5% in 24 Hours
The price of bitcoin experienced a decline on Monday, near 10:00 p.m. Eastern Time (ET), tumbling to a position slightly over the $66,000 mark. By 6:30 a.m. the following day, it had edged down further to reach its intraday low of $65,480 per unit. In the wake of this downturn, the crypto derivatives markets saw […] Source: https://news.bitcoin.com/bitcoin-dips-below-66000-ahead-of-fourth-halving-loses-over-5-in-24-hours/