Crypto
Bitcoin Surges to $125K as Exchange Balances Hit Six-Year Low
Bitcoin's value has soared to new heights while the amounts held on exchanges have dropped significantly, indicating long-term holding strategies among investors.
Bitcoin's value has soared to new heights while the amounts held on exchanges have dropped significantly, indicating long-term holding strategies among investors.
A cryptocurrency trader saw their $3,000 investment balloon to approximately $2 million after a social media post from Binance's Changpeng Zhao sparked enthusiasm for a newly launched memecoin.
DefiLlama has announced the delisting of perpetual trading volume data from Aster, citing concerns over data integrity and correlation with Binance's volumes.
XRP might face a steep decline if it fails to recover the $3 support, with significant liquidation pools waiting below.
Stripe's CEO, Patrick Collison, asserts that stablecoins will compel traditional banks to provide real yields on deposits to stay competitive.
The amount of Bitcoin on centralized exchanges has fallen significantly, reaching a six-year low as its price peaks at over $125,700.
Industry experts suggest that the recent surge in stablecoin supply may enhance the growth of the cryptocurrency market.
The implementation of Fully Homomorphic Encryption could enable private lending and confidential transactions in decentralized finance, unlocking significant value from traditional finance.
A recent report indicates a significant decline in revenues across blockchain networks in September, attributed to lower market volatility.
A report highlights that crypto venture capitalists are approaching investments with greater caution and analytical scrutiny.
Bitcoin ETFs have started October on a high note, registering significant inflows that hint at a bullish market ahead.
Sam Bankman-Fried reflects on his decision to hand over control of FTX to new management, calling it his biggest error that hindered potential salvation for the struggling exchange.
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