Bitcoin's Coinbase premium hits 39-day high as $63K is reclaimed

Reports of Hamas using crypto to fund recent attacks in Israel could make Coinbase’s lobbying efforts more difficult, says Berenberg lead analyst Mark Palmer. 327 Total views 4 Total shares The use of cryptocurrency by Hamas militants to fund recent attacks on Israel may have set back Coinbase’s crypto lobbying efforts in the United States

An uptick in the USD currency index produces an instant plunge for BTC/USD, with the largest cryptocurrency sinking 5% on the day. Bitcoin (BTC) fell 5% to retest $11,000 on Sept. 2 as fresh strength in the U.S. dollar currency index appeared to spell trouble.Cryptocurrency market daily snapshot, Sept. 2. Source: Coin360BTC/USD sees sharp $12,000…

May was an incredibly challenging month for the cryptocurrency market as a majority of tokens booked heavy losses as a bear market was confirmed, but not every project dropped back to pre-bull market lows.Chain (XCN), a protocol designed to help organizations launch their own blockchain network or connect with other more established networks, managed to…

Crypto trader Scott Melker says that while stocks and Bitcoin (BTC) have appeared to move in tandem since Black Thursday: “They are not correlated assets”.In a Twitter thread for his 84,000 followers, “The Wolf Of All Streets” outlined his theory about why Bitcoin will tread its own path during the financial crisis. Melker looked at…

Despite Ethereum’s inflationary trend, staking and restaking gains momentum, boosting network security and rewards.

The former U.S. President returned to X for the first time since January 2021 to post his mugshot, which has now been thoroughly manipulated for memes by many users. 225 Total views 7 Total shares The price of nonfungible tokens (NFTs) featuring Donald Trump surged after news outlets released a photo of the former United…

The proof-of-work (PoW) consensus model is the mechanism that kicked off the revolution that launched Bitcoin (BTC) in 2009 and it was the model of choice behind many of the popular projects in the early fledgling years of the crypto ecosystem.As time progressed, other consensus models like proof-of-stake (PoS) rose in popularity, especially as the…

The cryptocurrency derivatives exchange could potentially buy out the troubled lender for pennies on the dollar. 439 Total views 21 Total shares Cryptocurrency exchange FTX is close to purchasing digital asset lender BlockFi's remaining assets for $25 million, according to CNBC.According to sources close to the matter, BlockFi's equity investors were wiped out and are…

An internal document was revealed in court showing Sam Bankman-Fried believed Binance leaked Alameda’s balance sheet to the media in 2022. 359 Total views 2 Total shares Evidence presented in court as a part of the ongoing criminal trial against Sam “SBF” Bankman-Fried, former CEO of crypto exchange FTX, reveals SBF believed Binance leaked an