Bitcoin price slips to $93K as liquidations soar and long-term BTC holders take profit

Bitcoin’s average transaction volume is topping $3 billion per day, data from crypto analytics site Coinmetrics.io reveals as of July 16.Bitcoin’s Uptrend in Daily Transaction Value Eclipsing Altcoins’The data — which has been adjusted to remove noise and certain artifacts, per Coinmetrics — shows an impressive uptrend in the USD value for the volume of…

Formula One team Red Bull Racing scores a multi-year partnership worth $50 million per annum with crypto exchange Bybit. 249 Total views 3 Total shares Following Red Bull Racing's most recent wins at Formula One (F1), the racing team scores a three-year partnership with Singapore-based crypto trading platform Bybit for $50 million per year. According…

While blockchain is known for bringing trust and transparency to multi-party workflows, it can also ensure the immutability of business-critical data. Realizing this potential, technology giant Oracle has announced a crypto-secure data management offering that will be provided as a free feature for Oracle converged database users. Juan Loaiza, executive vice president, Mission-Critical Database Technologies at Oracle, told Cointelegraph that…

Today, as Bitcoin price (BTC) strives to achieve a new high, the crypto market achieved a $300 billion market capitalization. Over the past month, the figure has steadily increased from $218.4 billion to $303.1 billion, and the total market cap has gained 65.92% since the start of 2020.Crypto market daily price chart. Source: Coin360Earlier this…

European Union lawmakers have agreed to move ahead with the controversial European Data Act, which has previously drawn criticism from the crypto community. 618 Total views 1 Total shares European Union (EU) lawmakers have agreed to move ahead with the controversial European Data Act, which has previously drawn criticism from the crypto community. The act,…

Speaking at the Virtual Blockchain Week (VBW), Tron founder Justin Sun presented his side of the recent events involving Tron’s "partnership" with Steemit Inc, and the subsequent hard fork that resulted in Hive (HIVE) forking away from Steem (STEEM).During February, it was reported that Justin Sun had acquired Steemit Inc alongside the platform’s founder’s reward…

Energy-rich Iceland is “making strides” in crypto, says Gulli Gislason of Viska Digital Assets.

He says that institutional players look for certain volume and market cap levels when considering altcoins. 1059 Total views 6 Total shares Could institutional investors begin expanding into altcoin purchases? Blockfi’s vice-president for Europe and Asia, David Olsson, mentioned liquidity as a component of consideration.Some digital assets on the market, including newer ones, may see…

New York Stock Exchange (NYSE) listed company Ethan Allen Interiors Inc. has changed its ticker from “ETH” to “ETD” to avoid confusion with Ethereum. 756 Total views 41 Total shares Ethereum has achieved another milestone this week apart from the London hard fork, with a 90-year-old New York Stock Exchange (NYSE) listed company changing its…