cryptocurrency

Russia’s Sovereign Wealth Fund is channeling investments into Bitcoin mining across BRICS nations, aiming to facilitate global trade settlements in Bitcoin. The concentration of mining within the BRICS nations may lead to network centralization, a potential risk for Bitcoin’s decentralized ethos. Russia’s Sovereign Wealth Fund has made a decisive move to invest in Bitcoin mining across...

Franklin Templeton’s move to Coinbase’s Base marks a major step toward integrating traditional finance with blockchain.FOBXX on Base exemplifies blockchain’s potential for efficiency, with tokenized assets now spanning multiple blockchain networks. For the first time, an established fund has launched on Coinbase’s Base network, with Franklin Templeton introducing its OnChain U.S. Government Money Market Fund...

Bitcoin ETFs nearing Satoshi-level holdings spotlight rapid institutional adoption and growing centralization concerns.The recent surge in Bitcoin ETF holdings is sparking supply concerns, potentially limiting access for smaller investors. Bitcoin ETFs Reach 1 Million BTC, Could Exceed Satoshi’s Holdings in Two Weeks U.S. spot Bitcoin ETFs have collectively acquired 1 million BTC, reaching this milestone...

Alan Santana highlights mixed signals on the Bitcoin monthly chart, showing potential market uncertainty.Low volume and altcoin divergence suggest Bitcoin’s rally lacks broad market support. Popular analyst Alan Santana offers insights on Bitcoin’s current state in a TradingView analysis, stressing the complexity of the signals observed in the monthly chart. Santana starts his analysis by...

Mt. Gox moved 500 BTC to two addresses, sparking speculation about creditor payments.Unconfirmed Mt. Gox BTC transfers raise questions on potential sell-offs impacting the market. Mt. Gox sent 500 Bitcoin (BTC), valued roughly $35.04 million, suddenly to two anonymous addresses at exactly 0:42 UTC on November 1, 2024, according to Arkham. Particularly, 31.78 BTC was...

The Open Network has revealed plans to launch a wrapped Bitcoin token, tgBTC.This synthetic token will connect TON with Bitcoin’s liquidity, fueling a potential price rally. The Open Network (TON) has disclosed plans to introduce a new synthetic Bitcoin token, TON Teleport BTC, on its blockchain. The new token will serve as a bridge, allowing...

Stephen Mollah claimed to be Satoshi Nakamoto at a London event but failed to provide convincing evidence.Technical issues and unsubstantiated statements frustrated attendees, including BBC’s Joe Tidy. On October 31, British businessman Stephen Mollah stepped forward, claiming to be the elusive creator of Bitcoin, Satoshi Nakamoto, at a press conference held at London’s Frontline Club....

Samson Mow’s journey from gaming to Bitcoin advocacy highlights his vision for financial freedom and decentralized economies.As founder of JAN3, Mow advises nations on adopting Bitcoin, aiming to reshape financial systems globally. Samson Mow is a unique figure in the technology sector. Originally driven by gaming, Mow has developed into one of the most outspoken...

The number of Bitcoin addresses holding over 1 BTC has dropped from 1.024 million to 1.013 million since early this year.Approximately 99% of Bitcoin holders are in profit as market optimism rises, boosted by institutional interest and ETF approvals. According to recent data from IntoTheBlock, Bitcoin ownership shows a clear trend: the number of addresses...

Bitcoin has shifted from its original vision as a currency to being primarily seen as a high-value investment asset.Institutional interest and ETF approvals have driven positive sentiment, but Bitcoin’s adoption as everyday currency remains limited. Bitcoin has changed dramatically since its conception, from a digital currency with the potential to revolutionize financial transactions to an...