Cryptocurrency Market

  • Market Cap: $2,207,557,960,602.83
  • 24h Vol: $96,900,334,406.60
  • BTC Dominance: 56.15%

BTC

ftx-debtors-report-$8.9b-shortfall-in-customer-funds-and-‘highly-commingled’-assets-in-latest-presentation

FTX Debtors Report $8.9B Shortfall in Customer Funds and ‘Highly Commingled’ Assets in Latest Presentation

On March 2, 2023, FTX debtors released their second stakeholder presentation, which contains a preliminary analysis of the now-defunct cryptocurrency exchange’s shortfalls. The latest presentation reveals a significant shortfall, as approximately $2.2 billion of the company’s total assets were found in FTX-related addresses, but only $694 million is considered “Category A Assets,” or liquid cryptocurrencies […]

FTX Debtors Report $8.9B Shortfall in Customer Funds and ‘Highly Commingled’ Assets in Latest Presentation Read More »

bitcoin,-ethereum-technical-analysis:-btc,-eth-hit-multi-week-low,-as-silvergate-uncertainty-spooks-markets

Bitcoin, Ethereum Technical Analysis: BTC, ETH Hit Multi-Week Low, as Silvergate Uncertainty Spooks Markets

Bitcoin dropped to a two-week low on Friday, as crypto markets continued to react to the uncertainty surrounding Silvergate. The solvency of the bank has been put into question, with Binance, Coinbase and other exchanges moving to halt transactions. Ethereum also edged lower, falling below $1,600 in the process. Bitcoin Bitcoin (BTC) plunged further into

Bitcoin, Ethereum Technical Analysis: BTC, ETH Hit Multi-Week Low, as Silvergate Uncertainty Spooks Markets Read More »

xapo-bank-integrates-lightning-network-payments-through-lightspark-partnership

Xapo Bank Integrates Lightning Network Payments Through Lightspark Partnership

On March 2, Xapo Bank announced its partnership with Lightspark, a company led by David Marcus, former crypto boss at Facebook. The partnership aims to extend the utility of bitcoin and the Lightning Network. Xapo revealed on Thursday that it is the first fully licensed private bank to offer payments through the Lightning Network. Xapo

Xapo Bank Integrates Lightning Network Payments Through Lightspark Partnership Read More »

bitcoin,-ethereum-technical-analysis:-btc-edges-lower,-as-us-manufacturing-sector-contracts

Bitcoin, Ethereum Technical Analysis: BTC Edges Lower, as US Manufacturing Sector Contracts

Bitcoin fell into the red on March 2, as markets reacted to further negative data from the United States. The nation’s manufacturing sector contracted for a fourth straight month in February, which comes as consumer confidence also fell last month. Ethereum was also lower, retreating from yesterday’s high. Bitcoin Bitcoin (BTC) fell lower in today’s

Bitcoin, Ethereum Technical Analysis: BTC Edges Lower, as US Manufacturing Sector Contracts Read More »

ubs-strategists-predict-minimal-impact-of-upcoming-mt-gox-payouts-on-bitcoin-value

UBS Strategists Predict Minimal Impact of Upcoming Mt Gox Payouts on Bitcoin Value

A recent report published by market strategists from the investment bank and financial services company UBS says that the upcoming Mt Gox payouts won’t destabilize bitcoin’s value. While a new supply will come to the market, UBS strategists insist that “it would be less concentrated.” UBS Market Strategists Believe Mt Gox Payouts Won’t Destabilize Bitcoin’s

UBS Strategists Predict Minimal Impact of Upcoming Mt Gox Payouts on Bitcoin Value Read More »

bitcoin,-ethereum-technical-analysis:-btc-rebounds,-following-decline-in-us-consumer-confidence 

Bitcoin, Ethereum Technical Analysis: BTC Rebounds, Following Decline in US Consumer Confidence 

Bitcoin rebounded on March 1, as markets reacted to the latest consumer confidence report from the United States. Confidence slipped last month, which appears to be a sign that higher rates are starting to take effect. Ethereum also moved higher on Wednesday, as prices moved above $1.650. Bitcoin Bitcoin (BTC) rebounded on Wednesday, which comes

Bitcoin, Ethereum Technical Analysis: BTC Rebounds, Following Decline in US Consumer Confidence  Read More »

bitcoin-based-nfts-cross-200,000-ordinal-inscriptions,-yuga-labs-launches-twelvefold-collection

Bitcoin-Based NFTs Cross 200,000 Ordinal Inscriptions, Yuga Labs Launches Twelvefold Collection

On Monday, Feb. 27, 2023, the number of Ordinal inscriptions on the Bitcoin blockchain crossed 200,000 at 1:02 p.m. Eastern Time. In addition to the 200,000 inscriptions, Yuga Labs, creators of the Bored Ape Yacht Club (BAYC) non-fungible tokens (NFTs), revealed that the team had created a collection of 300 generative ordinal NFTs called Twelvefold.

Bitcoin-Based NFTs Cross 200,000 Ordinal Inscriptions, Yuga Labs Launches Twelvefold Collection Read More »

bitcoin,-ethereum-technical-analysis:-btc,-eth-slip-ahead-of-us-consumer-confidence-report

Bitcoin, Ethereum Technical Analysis: BTC, ETH Slip Ahead of US Consumer Confidence Report

Bitcoin and ethereum were trading lower on Feb. 28, as markets anticipated the release of the upcoming U.S. consumer confidence report. The data, which is for February, is expected to show a slight increase in confidence for the month. This will likely result in the Federal Reserve maintaining its rate hike policy next month. Bitcoin

Bitcoin, Ethereum Technical Analysis: BTC, ETH Slip Ahead of US Consumer Confidence Report Read More »

mawson-infrastructure-group-launches-bitcoin-mining-operation-in-pennsylvania,-exits-australia

Mawson Infrastructure Group Launches Bitcoin Mining Operation in Pennsylvania, Exits Australia

The bitcoin mining operation, Mawson Infrastructure Group, Inc., announced that the firm has broken ground at a new site in Sharon, Pennsylvania. Reports detail that Mawson has delivered six modular production units capable of housing 3,528 application-specific integrated circuit (ASIC) bitcoin miners, or approximately 12 megawatts (MW) of capacity. The new Mawson site is capable

Mawson Infrastructure Group Launches Bitcoin Mining Operation in Pennsylvania, Exits Australia Read More »

bitcoin,-ethereum-technical-analysis:-btc-consolidates-ahead-of-big-week-of-economic-data

Bitcoin, Ethereum Technical Analysis: BTC Consolidates Ahead of Big Week of Economic Data

Bitcoin consolidated below the $24,000 level on Feb. 27, as cryptocurrency markets prepared for a big week of economic data. Durable goods orders from the United States will be released later today, with consumer confidence figures set for Tuesday. Ethereum rose back above $1,600, following a breakout on Sunday. Bitcoin Bitcoin (BTC) has largely been

Bitcoin, Ethereum Technical Analysis: BTC Consolidates Ahead of Big Week of Economic Data Read More »