Bitcoin has demonstrated remarkable resilience compared to the broader digital assets market, maintaining a dominance metric of 55.3%, marking its highest level since April 2021. In a recent note, Matteo Greco, a research analyst at Fineqia International, highlighted that Bitcoin’s market cap dominance has reached a three-year peak, defying recent sell-offs and market fluctuations. Greco also pointed out the sustained…
Despite recent sell-offs across the digital assets market, Bitcoin has displayed remarkable resilience, maintaining a dominance metric of 55.3%, its highest level since April 2021, according to a note from Matteo Greco, a research analyst at digital asset investment firm Fineqia International. Greco highlighted that Bitcoin’s market cap dominance has reached a three-year high despite market volatility, with trading volumes…
Landesbank Baden-Württemberg (LBBW), Germany’s largest federal bank, has announced plans to offer crypto custody services later in the year. LBBW revealed its collaboration with Bitpanda, based in Austria, and stated that it will begin these services focusing on bitcoin and ethereum, the top two cryptocurrencies by market capitalization. LBBW and Bitpanda Collaborate to Offer Bitcoin […] Source: https://news.bitcoin.com/germanys-largest-federal-lender-lbbw-ventures-into-crypto-custody-targets-mid-2024-launch/
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports The old-school Bitcoin holders are at it again. With just days before Bitcoin’s long-awaited halving event, a wallet holding a chunk of the mined cryptocurrency from…
In the past 24 hours, meme coins and AI-linked tokens have witnessed notable gains, outpacing major cryptocurrencies like bitcoin (BTC) in a market rebound. BTC rebounded by 3.3%, reaching approximately $66,600 during European morning hours. This rise was fueled by reports suggesting approval for spot bitcoin and ether exchange-traded funds in Hong Kong. Solana meme coins, dog-themed meme coins, and…
The past week has not been favorable for the majority of cryptocurrency assets, with only four specific digital currencies recording gains. This week, ONDO appreciated by 13.2%, TON increased by 11.3%, PENDLE grew by 6%, and LEO saw a slight uptick of 0.5%. Market Update: A Tough Week for Crypto With Few Standouts The landscape […] Source: https://news.bitcoin.com/amid-a-week-of-severe-crypto-lows-ton-and-ondo-record-gains-despite-broad-market-declines/
PRESS RELEASE. April 15th, 2024 –– Aligned Layer has successfully raised $2.6 million in a funding round led by Lemniscap, a VC firm specializing in emerging crypto assets and early-stage blockchain startups. The round also won investment from Paper Ventures, Bankless Ventures and industry angels. The raise marks a significant milestone in Aligned Layer’s mission […] Source: https://news.bitcoin.com/aligned-layer-secures-2-6m-in-funding-to-become-a-faster-and-cheaper-settlement-layer-for-validity-proofs-on-top-of-eigenlayer/
At the dawn of January 2024, the Bitcoin mining sector reached a notable milestone, with over 50% of its energy coming from sustainable sources. This achievement marks a significant shift towards greener practices within the cryptocurrency realm, fueled by the adoption of renewable energy. A groundbreaking study from Cornell University suggests that Bitcoin mining could serve as a lifeline for…
Norwegian lawmakers have passed a law placing data reporting requirements on Norway’s data centers, intended to regulate the use of energy devoted to crypto mining operations—the biggest of which revolves around Bitcoin. According to Digitalization Minister Karianne Tung and Energy Minister Terje Aasland, the government aims to close the door on crypto mining in general. “The purpose is to regulate…
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Swirling geopolitical risks in the Middle East are the latest headwind battering Ethereum-based funds, as a streak of outflows continues apace. Over the past five weeks,…
