Cryptocurrency Market

  • Market Cap: $3,760,963,879,243.63
  • 24h Vol: $243,142,269,030.15
  • BTC Dominance: 55.34%

Digital Currency

bitcoin-eyes-a-positive-finish-to-september,-setting-the-stage-for-‘uptober’

Bitcoin Eyes a Positive Finish to September, Setting the Stage for ‘Uptober’

With two days remaining in September, bitcoin’s monthly gain stands at 11.11%, setting the stage for the widely anticipated ‘Uptober.’ Historically, October has been a strong month for bitcoin, delivering positive returns 81.82% of the time since 2013. ‘Uptober’ on the Horizon: Bitcoin Looks to Buck September’s Bearish History As of Saturday, Sept. 28, 2024, […]

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bettors-on-polymarket-see-69%-chance-of-trump-launching-a-token-before-election

Bettors on Polymarket See 69% Chance of Trump Launching a Token Before Election

Two days ago, former President Donald Trump made headlines by announcing his family’s decentralized finance (defi) platform, World Liberty Financial, boldly claiming the initiative is “embracing the future with crypto.” Meanwhile, over on Polymarket, a blockchain-powered predictions platform, a new bet has emerged. People are now speculating on the chances of Trump launching a cryptocurrency

Bettors on Polymarket See 69% Chance of Trump Launching a Token Before Election Read More »

in-depth-study-reveals-stablecoins-as-pivotal-players-in-global-finance

In-Depth Study Reveals Stablecoins as Pivotal Players in Global Finance

As digital economies evolve, stablecoins emerge not just as mere facilitators for crypto trading but as pivotal tools in global financial systems. A comprehensive report by Castle Island Ventures and Brevan Howard Digital, sponsored by Visa, unveils the profound impact of stablecoins on monetary dynamics worldwide. Transforming Global Finance: The Rising Influence of Stablecoins According

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rbi-report-highlights-india’s-central-bank-digital-currency-development

RBI Report Highlights India’s Central Bank Digital Currency Development

India’s central bank, the Reserve Bank of India (RBI), published its August bulletin on Monday. The report discusses several aspects of central bank digital currency (CBDC) and its implications. The RBI is actively involved in developing CBDC initiatives to enhance cross-border payments, improve financial inclusion, and mitigate risks posed by private digital instruments. The RBI’s

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remembering-hal-finney’s-vision:-the-20th-anniversary-of-reusable-proofs-of-work 

Remembering Hal Finney’s Vision: The 20th Anniversary of Reusable Proofs of Work 

This week marks the 20th anniversary of Hal Finney’s introduction of Reusable Proofs of Work (RPOW), a groundbreaking concept that paved the way for today’s digital currencies. Finney’s visionary work continues to echo throughout the cryptocurrency community, underscoring his deep insight into the development of digital cash systems. From RPOW to Bitcoin Hal Finney was

Remembering Hal Finney’s Vision: The 20th Anniversary of Reusable Proofs of Work  Read More »

several-2017-wallets-reactivate-in-august:-$28.2-million-in-bitcoin-on-the-move 

Several 2017 Wallets Reactivate in August: $28.2 Million in Bitcoin on the Move 

In July, numerous dormant bitcoin wallets, established in 2017, showed substantial activity. This trend continues into August, with 467.63 BTC spent so far, amounting to approximately $28.2 million. Millions on the Move: What’s Behind the Reawakening of 2017 Bitcoin Wallets? Last month, sleeping bitcoin wallets from 2017 moved about 1,636.94 BTC through 23 distinct transactions.

Several 2017 Wallets Reactivate in August: $28.2 Million in Bitcoin on the Move  Read More »

76-sleeping-bitcoin-wallets-activated-in-july,-unlocking-$424m

76 Sleeping Bitcoin Wallets Activated in July, Unlocking $424M

Throughout July, bitcoin has climbed 2.5% against the U.S. dollar, despite a midweek dip to $64,350 per coin. This month has been marked by notable events, including movements by Mt Gox and the U.S. government transferring billions. Additionally, 76 transactions from dormant bitcoin wallets, created between 2010 and 2017, spent 6,536.17 BTC, amounting to $424

76 Sleeping Bitcoin Wallets Activated in July, Unlocking $424M Read More »

bitcoin-network-faces-toughest-mining-difficulty-increase-since-2022

Bitcoin Network Faces Toughest Mining Difficulty Increase Since 2022

The Bitcoin network has recently experienced its most significant difficulty adjustment since October 2022, with a 10.5% increase driving the metric to a record 90.67 trillion. This heightened challenge, combined with falling bitcoin prices, is intensifying the strain on miners. Miners Struggle as Bitcoin Difficulty Reaches New Peak On Wednesday, at block height 854,784, Bitcoin’s

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digital-shekel-challenge:-bank-of-israel-engages-14-teams-for-digital-currency-innovation

Digital Shekel Challenge: Bank of Israel Engages 14 Teams for Digital Currency Innovation

The Bank of Israel has initiated the “Digital Shekel Challenge” to explore the potential of a central bank digital currency (CBDC) system inspired by the BIS Innovation Hub’s “Project Rosalind.” Fourteen teams from various sectors have been selected to propose innovative use cases. The challenge aims to integrate digital shekel with other payment systems and

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giesecke+devrient:-ghana-cbdc-nullifies-the-need-for-multiple-intermediaries-in-cross-border-payments

Giesecke+Devrient: Ghana CBDC Nullifies the Need for Multiple Intermediaries in Cross-Border Payments

The recently completed proof of concept by the Bank of Ghana and the Monetary Authority of Singapore demonstrated that the latter’s central bank digital currency enables cross-border payments, excluding many intermediaries and associated costs. Giesecke+Devrient (G+D) stated that the proof of concept (POC) demonstrated the effectiveness of utilizing digital credentials for international trade and cross-border

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