Explore the impact of token burning and how this process influences cryptocurrency scarcity, its value and the project’s long-term growt Source: https://cointelegraph.com/explained/token-burning-explained?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: December 2024
New Chainalysis CEO expects greater clarity on stablecoins in 2025
The company’s former chief strategy officer, Jonathan Levin, assumed the role of CEO and offered his thoughts to Cointelegraph on the future of the industry. Source: https://cointelegraph.com/news/chainalysis-ceo-jonathan-levin-interview?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
88% of crypto holders feel they missed out on major gains — Kraken survey
The survey highlighted that 63% of holders acknowledged that emotional decisions significantly negatively affected their digital asset portfolio Source: https://cointelegraph.com/news/kraken-survey-fomo-fud-price-surge?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Traders Shrug at $2.8 Billion Mt. Gox Transfer
A wallet associated with Mt. Gox transferred 27,871 Bitcoin worth $2.8 billion amid Bitcoin’s breakthrough above $100,000, late Wednesday evening. It was a show of unprecedented resilience for traders in the face of large-scale transfers, which have historically triggered volatility. The transfer, tracked by blockchain analytics firm Arkham Intelligence, directed 27,871 Bitcoin to an unmarked address. Analysts note that although…
Bitcoin Traders Shrug at $2.8 Billion Mt. Gox Transfer
A wallet associated with Mt. Gox transferred 27,871 Bitcoin worth $2.8 billion amid Bitcoin’s breakthrough above $100,000, late Wednesday evening. It was a show of unprecedented resilience for traders in the face of large-scale transfers, which have historically triggered volatility. The transfer, tracked by blockchain analytics firm Arkham Intelligence, directed 27,871 Bitcoin to an unmarked address. Analysts note that although…
Putin Profiles Digital Currencies as Possible Settlement Rails for a BRICS Investment Platform
Russian President Vladimir Putin has referred to digital currencies as part of the settlement instruments for the planned BRICS investment platform. Putin stated that work on this platform had already begun, and that these digital assets might have a place in this institution. Putin Talks Digital Currencies as Settlement Tools for Upcoming BRICS Investment Platform […] Source: https://news.bitcoin.com/putin-profiles-digital-currencies-as-possible-settlement-rails-for-a-brics-investment-platform/
BTC price can surge 43% before 'bubble' as Bitcoin market cap hits $2T
Bitcoin has plenty of room left to run — even as BTC price action enters six-figure territory, says CryptoQuant. Source: https://cointelegraph.com/news/btc-price-43-before-bubble-bitcoin-market-cap-hits-2t?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin ‘still in early innings’ at $100K —ARK’s Cathie Wood
Bitcoin became a $2 trillion asset in less than 16 years, while companies like Apple and Amazon took 42 and 29 years, respectively, to reach that value. Source: https://cointelegraph.com/news/bitcoin-still-early-100k-cathie-wood-ark?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
No blockchain can be a ‘lonely island’ — Emurgo exec
Emurgo’s global head of business development, Amarpreet Singh, told Cointelegraph that all roads lead to interoperability. Source: https://cointelegraph.com/news/emurgo-interoperability-cardano-india-blockchain-week?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Trump Effect: Yuan Continues Free Fall as Tariff Threats Grow
The tariff threats from President-Elect Trump against countries with issues with the U.S. are negatively affecting these nations’ currencies. The Chinese yuan has experienced a continuous decline, causing it to hit its lowest price in the last 15 months. Trump Tariff Threats Take Chinese Yuan to 15-Month Low The election victory of President-Elect Trump is […] Source: https://news.bitcoin.com/trump-effect-yuan-continues-free-fall-as-tariff-threats-grow/