This year has been quite the rollercoaster! Investors buckled up for what they thought would be another thrilling bull cycle, only to get caught in a whirlwind of hacks, scams, and staggering losses. By the end of August 2024,...
Bitcoin is currently suffering from an identity crisis. Though initially conceived as a decentralized, peer-to-peer electronic cash system, the cryptocurrency has evolved to embody two distinct, sometimes conflicting identities: a store of value akin to "digital gold" and a...
Current State of Ethereum Exchange Reserves Ethereum’s exchange reserves—the amount of the cryptocurrency held on exchanges, centralized or decentralized—have hit historic lows over the past few months. Between May and June 2024, over $3 billion worth of Ether was...
Crypto ATMs were introduced as a promising solution to help boost the adoption of digital currencies by encouraging their use in day-to-day transactions. These machines allow users to buy and sometimes sell cryptocurrencies using cash or credit cards and...
Dubai has taken a groundbreaking step in legitimizing cryptocurrency salaries with a recent ruling from its Court of First Instance. The court ordered a company to pay an employee in cryptocurrency, as stipulated in their contract, setting a new...
In 2020, MicroStrategy, a business intelligence firm, made a groundbreaking decision that sent shockwaves through the financial world. On August 10, the company became the first publicly traded firm to adopt Bitcoin as its primary treasury reserve asset —...
Since its inception in 2009, Bitcoin has grown from a digital curiosity into a global financial powerhouse. The incredible rise in its market value from just a few pennies to over $60,000 is a story that few could have...
The story of Bitcoin investment in 2024 so far can be told in these words: it is one of steadfastness and strategic hodling. According to data from Glassnode's HODL wave chart, about 75% of all circulating Bitcoin hasn't moved...
The crypto community is on edge as the ongoing repayment process for victims of the Mt. Gox crash raises concerns about market stability. Nobuaki Kobayashi, the trustee overseeing the Mt. Gox bankruptcy, recently announced that repayments are being processed...
At the Nashville Bitcoin 2024 conference, Senator Cynthia Lummis (R-Wyo.) unveiled a "revolutionary proposal" for the U.S. government to start investing in Bitcoin. Her idea is to add Bitcoin to the nation's strategic reserve assets as a tool to...
