MicroStrategy buys Bitcoin dip, holdings surpass 450K BTC

After increasing more than 1600% between April 5 and May 20, Bitcoin transaction fees have now dropped to $0.56. 600 Total views 23 Total shares The average transaction fees for Bitcoin have dropped under the $1 mark, and are back to levels not seen since before the rewards halving. According to data from crypto analytics website…

The market capitalization of distributed ledger tech company Ripple’s XRP token could be overvalued by as much as $6 billion, according to a recent report from crypto analytics firm Messari.Ahead of Ripple’s Q4 2018 report, Messari researched the “health and legitimacy” of the XRP’s market capitalization using data from cryptocurrency exchanges and third party cryptocurrency…

The Travel Rule requires crypto businesses to collect, verify and share information about digital asset transactions with another crypto company.

Bitcoin’s trillion-dollar market capitalization has held strong since March 26. 1313 Total views 18 Total shares More than 10% of BTC supply has been moved while Bitcoin’s market capitalization has been more than a trillion dollars since March 26, indicating strong support in the middle and upper-$50,000 price range.According to the April 5 ‘Week on…

The Ethereum/Bitcoin flippening is more than half complete, according to a new metric. 1796 Total views 26 Total shares A new metric from German site The Blockchain Center suggests that the long awaited ‘flippening’ —  where Ethereum overtakes Bitcoin — is more than halfway complete.The newly created ‘Flippening Index’ currently stands at 53.3%. Backtested, it…

As the Bitcoin network hash rate tops 414 EH/s, miners are struggling to stay afloat amid plummeting profitability. 534 Total views 14 Total shares Bitcoin mining revenue or “hash price” — a measure of dollars earned per TH/s per day — has slumped to levels not seen since the collapse of FTX in November 2022,…

The rich get richer. According to the Wealth-X consulting company, in 2020, the number of ultra-high-net-worth individuals worth $5 million–$30 million in the world increased by 1.7% to 295,450 people; the combined net worth of this group increased by 2% to $35.5 trillion.Observing the investment preferences of rich individuals and institutional investors is instructive. They…

The Philippine SEC is now collaborating with the U.S. SEC and the Asian Development Bank to better combat crypto-related crime. 90 Total views 2 Total shares The Philippines Securities and Exchange Commission (SEC) has teamed up with its United States counterpart, as well as the Asian Development Bank to crack down on criminals using cryptocurrencies

An IT company in Armenia has been accused of illegally accessing electricity and using it to mine cryptocurrencies.$150,000 in powerOn Sept. 21, in an announcement from the Armenian National Security Service, the organization accused an IT company of illegally mining cryptocurrencies from inside a hydropower plant.The state agency reported that the IT company had installed…