Bitcoin and the altcoin market continue to grapple with the recent market decline, resulting in a relatively stagnant price for Bitcoin around $41,000. Altcoins have also been affected, with tokens like SOL and AVAX experiencing significant losses. Despite recent highs, Bitcoin’s price pump to $44,700 was short-lived, as bears quickly reminded investors of their presence.
Crypto
In a recent announcement by the National Vulnerability Database (NVD), a critical vulnerability has been identified in Bitcoin. This vulnerability has the potential to impact the Ordinals Protocol, which was developed in 2022. The NVD, overseen by the National Institute of Standards and Technology (NIST), plays a crucial role in cataloging and disseminating information about
Bitcoin’s highly anticipated halving event is drawing closer, and investors are eagerly speculating whether it will ignite another remarkable bull market like those seen in the past. Mitchell Askew, Head Analyst for Blockware Solutions, believes that not only will the halving bring forth further gains, but its impact will continue to maintain exponential strength in
Tax evasion has become a significant area of focus in cryptocurrency investigations, according to a report from the Internal Revenue Service (IRS) criminal investigations division. In the previous fiscal year alone, more than half of all probes conducted were related to tax matters. This represents a shift from three years ago when money laundering dominated
In a recent report, investment management firm VanEck has made some bold predictions for the year 2024. According to VanEck, not only will Bitcoin reach new all-time highs, but the NFT market will also experience a peak, marking a significant transformation in the industry. VanEck predicts that Bitcoin will hit an all-time high in the
The United States is currently in advanced stages of discussing the launch of spot Bitcoin exchange-traded funds (ETFs), according to unnamed sources cited by Reuters. The U.S. Securities and Exchange Commission (SEC) has reportedly started asking potential issuers of spot Bitcoin ETFs detailed and technical questions about their products. This move indicates that the regulator
The cost of buying Bitcoin (BTC) has surged to record highs, and at the same time, the cost of moving it has also reached unprecedented levels. On-chain data reveals that the price for Bitcoin block space has touched an all-time high in BTC terms, primarily driven by the immense demand created by Ordinals transactions. Bitcoin
Bitcoin (BTC) has recently surged back to $44,000, reaching a value it had not seen in 19 months. This significant milestone indicates a shift in the crypto market dynamics, painting a much more bullish outlook. On-chain analysis reveals that the current state of the market is vastly different from previous instances when Bitcoin reached this
In the ever-evolving world of cryptocurrency, the behavior and actions of whales, significant holders in the market, play a crucial role in shaping market sentiment and direction. Recently, Ki Young Ju, the co-founder and CEO of CryptoQuant, provided intriguing insights into the preparations of whales for market growth towards the end of 2023. This article
Itau Unibanco, the largest bank in Brazil, has made its foray into the cryptocurrency exchange market by introducing a new trading service for its investment platform clients. The launch of this service allows users to trade the most popular cryptocurrencies, Bitcoin and Ether. This move signifies a significant step forward for Itau Unibanco, as it
