How much Bitcoin does the average whale hold?

KT Corporation, South Korea’s largest telecom firm, has launched its blockchain-powered fifth-generation (5G) network brand, local news agency The Korea Times reports on April 16.Called “GiGA Chain,” the brand intends to boost the security of Internet-of-Things (IoT) devices and to protect them from cyberattacks, the report says.As a part of the new brand, KT developed…

Bitcoin (BTC) use for commercial payments has reduced significantly this year, according to a study by Chainalysis cited by Reuters Nov. 20.To prepare the study, Chainalysis reportedly surveyed 17 Bitcoin payment processors. The amount of BTC handled by major payment processors reportedly dropped by almost 80 percent from the beginning of the year to September.The…

Comedians from the United States are quite used to making fun of Canada, depicting their neighbors as some sort of peaceful simpletons, with the series South Park as probably the prime example. However, even if you ignore that Wolverine — the toughest of all the X-Men — is Canadian, you should revise this worn-out cliché,…

Bloomberg ETF analysts raised their odds for a spot Bitcoin ETF approval after the recent Grayscale victory against the SEC. 283 Total views 1 Total shares Bloomberg analysts have raised the probability for an approved spot Bitcoin exchange-traded fund (ETF) by the end of 2023, following a recent Grayscale victory against the federal securities regulator.

BitTorrent token’s (BTT) price has gone up over 600 percent since its initial coin offering (ICO) which sold out in minutes, according to the data from CoinMarketCap on Feb. 4.Peer-to-peer torrent client BitTorrent, which allows users to distribute files over the Internet launched its Tron-based native token BTT in the beginning of January. BTT is…

The Bitcoin mining firm is looking beyond its current troubles into next year to secure the energy it needs to make up a more significant portion of the network’s hash rate. 32 Total views 8 Total shares Bitcoin miner Marathon Digital Holdings has secured a deal that it says provides electricity to generate enough power…

Bitcoin (BTC) reached its highest level in more than two months with just a few days remaining before the July inflation report.The top cryptocurrency climbed 1.65% to $45,363 on Aug.8, continuing the upside momentum that has already seen it jumping 21.62% from its August 5 low of $37,300. BTC/USD daily chart. Source: TradingView.comMomentum was strong…

Bitcoin (BTC) has halted its bull run in the past few weeks as the price has corrected from an all-time high of $58,000 to around $43,000. Several arguments were found for the pullback, including a sell-off from miners and whales. The other primary reason for the correction is the sudden surge of yields across the…

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