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…
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…
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…
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…
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.…
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…
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…
The Grayscale Bitcoin Trust (GBTC) closed the previous week with a record discount of 21.36%, data from Glassnode shows. This means that new investors can purchase GBTC shares at prices significantly lower than the actual market value of Bitcoin, while the existing holders face losses due to the six-month lock-up period for the initial investment. According to Grayscale, the price…
The United States Treasury made further hints at new laws for stablecoins on Dec. 17. Nellie Liang, the Under Secretary of the Treasury for Domestic Finance, fueled more stablecoin regulation speculation with comments on investors ‘potentially big risk’ when using stablecoins. Following on from the Financial Stability Oversight Council November 2021 report on stablecoins, the top official for financial oversight…
Bitcoin (BTC) fell over 5% from local highs through Dec. 20 as macro tensions persisted into the new week. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst: Brace for volatile end to 2021 Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it fell back below $46,000 overnight on Sunday, reaching lows of $45,787 on Bitstamp. The pair had hit…
